John Gerretsen | Ontario Green Energy Failure | OSM SOLAR | BANKRUPTCY LOOMING | LDK SOLAR — INVESTORS – Press Release
Forterra Environmental went bankrupt and previously received Ontario Grants/Licenses to create Worm Compost to help the Provinical Ban on Pesticides. This was the answer, healthy soil equals healty lawn without pesticides. (So they were wrong)
OSM Solar bought up (reverse takeover) Forterra's failing company and applied it to their own Ontario Green Energy Grant that they recieved. Then they made a deal with China LDK Solar. Now LDK is going Bankrupt. Where do you think OSM will end up?
What about all the Ontario Grant Money? It's gone…..
Archived Media Release:
2011 – Welland – WELLAND – The sun is shining brightly on OSM Solar Corp.
The solar panel manufacturer has inked a deal with LDK Solar Co., the world's largest producer of solar wafers, to produce 20-megawatt solar modules at its north Welland manufacturing facility.
The partnership also includes a non-exclusive distribution agreement for OSM to manufacture and distribute LDK modules.
OSM vice-president Al Wiley said the agreement brings the company to the next level.
"Now we get to supply our panels on an international market," Wiley said. "It makes us a very competitive company in the market. Everything is being made out of Welland."
|LDK Solar Enters into Further Forbearance Arrangement with Noteholders|
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to,
Lisa Laukkanen, The Blueshirt Group for LDK Solar, email@example.com, +1-415-217-4967; or Jack Lai, Executive VP and CFO, LDK Solar Co., Ltd., IR@ldksolar.com, +1-408-245-8801