Solar Energy Initiatives Announces That Solar Parks Initiatives Files S-1A Registration
January 25 2011 - 8:00AM
Marketwired
Solar Energy Initiatives, Inc. (OTCBB: SNRY), with businesses in
solar project development, distribution and workforce training,
today announced that Solar Parks Initiatives has filed its S-1A
Registration Statement for distribution of shares from the
previously announced spin-off. Upon the SEC declaring the S-1A
Registration effective the process of the distribution of the
shares will begin. All SNRY shareholders of record as of December
1, 2010 will receive one share of Solar Park Initiatives (OTCBB:
SOPV) for every two shares they own of SNRY. Any shareholders who
sold their shares after the October 29, 2010 record date and before
December 1, 2010 (new record date) should contact Solar Energy
Initiatives for further instructions after the registration is
declared effective by the SEC. SNRY will make another announcement
once the registration is effective.
About Solar Energy Initiatives, Inc.
Solar Energy Initiatives, Inc. (OTCBB: SNRY) is a diversified
provider of solar solutions with three principal operating groups
focused on large-scale projects, solar education and distribution
of solar products. SNRY Power is a developer and manager of
municipal and commercial scale solar projects. The SolarEos Group
is dedicated to the education and continuous improvement of solar
energy trade professionals. SNRY Solar is a wholesale distributor
of branded photovoltaic and thermal (water heating) systems selling
via a network of dealers throughout the United States and the
Caribbean. Solar Energy Initiatives also owns SolarEnergy.com, one
of the most visited solar websites on the internet and a digital
property committed to driving consumer traffic, while serving as a
platform for awareness of the benefits of solar and a source of
business lead generation to SNRY Solar's channel partners. Through
its diversified portfolio of solar businesses, Solar Energy
Initiatives, Inc. is committed to restoring the nation's economy
through a grassroots campaign called "Renew the Nation." Renew the
Nation brings together a broad alliance of public and private
sector interests focused on workforce development, job creation and
economic growth through solar energy. For more information please
visit http://www.solarenergy.com/.
Contact: Investors: Solar Energy Initiatives, Inc. David
Fann Chief Executive Officer 904-644-6090 Email Contact
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