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XSUNX Inc. (XSNX/XSNX.OB) Wrap Up:

Xsunx, Inc., a thin-film photovoltaic (TFPV) company, focuses on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. Its product includes XsunX ASI-120 module, which is a 125 peak watt TFPV solar module utilizing glass substrates and a proprietary semiconductor manufacturing system. XsunX ASI-120 provides for a module delivering high power output, and size and framing that would allow for the use of various existing mounting systems. The target markets for the TFPV solar module include solar farms, government agencies, and utility companies, as well as power purchase agreements and large commercial installations worldwi...
www.XsunX.com
10 Employees
Founded in 1997

XSUNX Inc. (XSNX:OTC Bulletin Board Market)

LAST $0.16 USD
CHANGE TODAY 0.00 0.00%
VOLUME 211.8K
As of 3:56 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of XSUNX Inc. (XSNX)

OPEN
$0.16
PREVIOUS CLOSE
$0.16
DAY HIGH
$0.17
DAY LOW
$0.16
52 WEEK HIGH
11/25/08 - $0.27
52 WEEK LOW
03/3/09 - $0.09
MARKET CAP
30.3M
AVERAGE VOLUME 3 mo
298.8K
DILUTED EPS TTM
--
SHARES OUTSTANDING
189.3M
XSNX Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

XSNX Top Compensated Officers

Mr. Tom M. Djokovich
Chief Executive Officer, Principal Accounting...
Age: 51
Total Annual Compensation: $220.0K
Mr. Joseph Grimes
President, Chief Operating Officer, Director ...
Age: 52
Total Annual Compensation: $240.0K
Mr. Robert G. Wendt
Chief Technology Officer
Total Annual Compensation: $150.0K
Dr. Guang Lin
Chief Scientist
Total Annual Compensation: $63.5K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for XSUNX Inc. (XSNX)

XSUNX Inc. and Intevac Inc. Team Up to Develop Breakthrough Thin-Film Photovoltaic Manufacturing Technology

XSUNX Inc. and Intevac Inc. announced that they are working under a Joint Business Agreement to collaborate in the development of techniques and equipment for the production of commercially marketable processes and equipment for the manufacture of CIGS (copper indium gallium selenide) thin-film solar cells. Through the successful combination of cross-industry specialties, XsunX and Intevac plan to develop a new breed of TFPV manufacturing techniques to produce thin-film solar cells. By teaming up, the companies plan to effectively combine Intevac's unparalleled expertise and years of technological improvements developed for the sophisticated HDD manufacturing industry with XsunX's experience in the TFPV industry, which includes senior staff with years of commercially successful CIGS-related technology development. The two companies are adapting high-rate production tools from the disk drive industry with process knowledge from the CIGS and thin-film industry. This unique and novel approach focuses on maintaining a relatively small deposition area; initially about five-inch squares similar in size to silicon solar wafers, which the companies believe reduces a significant challenge that has faced the CIGS industry in the past: maintaining cell performance while scaling commercial production.

XSUNX Inc. Announces Management Changes

On September 9, 2009, XSUNX Inc. announced the resignation of Jeff Huitt as the company's chief financial officer, effective immediately. In connection with the resignation of Mr. Huitt, Tom Djokovich, the company's chief executive officer and secretary, will now oversee the company's accounting operations and serve as the company's principal accounting officer, effective immediately.

XSUNX Seeks Financing

XSUNX, Inc filed its Form 10-Q with the Securities and Exchange Commission. The company reported net loss of $7,997,992for the nine months ended June 30, 2009. In addition, the Company has an accumulated deficit of $29,073,061 since inception. The company needs to raise additional capital. The company stated: “We cannot assure you that we can achieve or sustain profitability in the future. Our operations are subject to the risks and competition inherent in the establishment of a business enterprise. There can be no assurance that future operations will be profitable. Revenues and profits, if any, will depend upon various factors, including whether we will be successful in licensing our technologies and developing joint venture manufacturing relationships, and whether we obtain additional financing. We may not achieve our business objectives and the failure to achieve such goals would have a material adverse impact on us.” The company added: “We have in the past experienced substantial losses and negative cash flow from operations and have required financing, including equity and debt financing, in order to pursue the commercialization of products based on our technologies. We expect that we will continue to need significant financing to operate our business. The Company needs to raise additional capital to complete its operational plan.”

otc, otcbb, pinksheet, XSNX, ob XSUNX Inc.

XSNX Competitors

Company Last Change
Energy Conversion Devices Inc $10.57 USD +0.04
First Solar Inc $121.18 USD +0.05
Kyocera Corporation ¥7,040 JPY -70.00
Q-Cells €10.41 EUR -0.22
Sharp Corporation ¥989.00 JPY -9.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation XSNX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 12.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

XSNX

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XSNX transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent News About XSUNX Inc.

More news for XSNX

MoneyTV with Donald Baillargeon, 10/30

LOS ANGELES, CA--(Marketwire - 10/30/09) - Solar power's burgeoning growth, Hollywood studio on the rise, detecting bioterrorism at the Olympics, Forex, domestic oil production; this week on MoneyTV, hosted by anchor Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.The television program can also be viewed online immediately at www.moneytv.net.Featured companies on this week's program include:XsunX, Inc. (OTC.BB:XSNX - News) CEO Tom Djokovich talked about the growth of the solar industry as evidenced by the Solar Power International show he attended in Anaheim and reported on the progress the company has made with its new thin fil...
Click here to read the whole Article (external link)

XSUNX INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits

Show all filings for XSUNX INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for XSUNX INC 27-Oct-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not ...
Click here to read the whole Article (external link)

XSUNX INC Files SEC form 8-K, Other Events

Show all filings for XSUNX INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for XSUNX INC 15-Oct-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice...
Click here to read the whole Article (external link)

Skymark Research Initiates Independent Research Coverage On XsunX, Inc.

Skymark Research Initiates Independent Research Coverage On XsunX, Inc. - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; text-align: left; p...
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MoneyTV with Donald Baillargeon, 10/9

LOS ANGELES, CA--(Marketwire - 10/09/09) - Testing metal fatigue on bridges, Hollywood, Forex, bioterrorism detection and solar power; this week on MoneyTV, hosted by anchor Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.The television program can also be viewed online immediately at www.moneytv.net.Featured companies on this week's program include:Matech Corporation (OTC.BB:MTCH - News) Co-CEO Robert Bernstein discussed the company's metal bridge fatigue testing technology and their domestic and international sales efforts.XsunX, Inc. (OTC.BB:...
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XsunX and Intevac Team Up to Develop Breakthrough Thin-Film Photovoltaic Manufacturing Technology

ALISO VIEJO, Calif. and SANTA CLARA, Calif., Sept. 21 /PRNewswire-FirstCall/ -- XsunX, Inc. (OTC Bulletin Board: XSNX.OB - News), the developer of advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, and Intevac, Inc. (Nasdaq: IVAC - News), the world's leading provider of magnetic media deposition equipment to the hard disk drive (HDD) industry, announce that they are working under a Joint Business Agreement to collaborate in the development of techniques and equipment for the production of commercially marketable processes and equipment for the manufacture of CIGS (copper indium gallium selenide) thin-film solar cells. Through the successful combination of cross-industry specialties, XsunX and Intevac plan to develop a new breed of TFPV manufacturing techniques to produce thin-film solar cells. By teaming up, the companies plan to effectively combine Intevac's unparalleled expertise and years of technological improvements developed for the sophisticated HDD manufacturing industry with XsunX's experience in the TFPV industry, which includes senior staff with years of commercially successful CIGS-related technology development. The two companies are adapti...
Click here to read the whole Article (external link)

XSUNX INC Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for XSUNX INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for XSUNX INC 11-Sep-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended f...
Click here to read the whole Article (external link)

MoneyTV with Donald Baillargeon, 9/4

LOS ANGELES, CA--(Marketwire - 09/04/09) - Science of solar power, hazmat recycling, bioterrorism detection and keeping things from burning; this week on MoneyTV, hosted by anchor Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.The television program can also be viewed online immediately at www.moneytv.net.Featured companies on this week's program include:XsunX, Inc. (OTC.BB:XSNX - News) COO Joe Grimes discussed the CIGS manufacturing technology for solar thin film, the company's recent activities and business direction going forward.Universal Detection Technology, Inc. (OTC.BB:...
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