DayStar Technologies, Inc. (DSTI)

DSTI INFORMATION from yahoo message board


1. They produce SILICON-FREE solar panels used to convert sunlight to electricity;they adopt a new technology called CIGS (copper,indium,gallium,selenide) with a vacuum sputtering process on substrate.The company was started in 1997,and they are "sold out until further notice" actually.

2. -The raw polysilicon shortage has slashed growth for the industry from more than 50% in 2004 to 5% in 2006.
-The thin film solar panels on flexible substrate are much thinner and use less raw materials than common silicon solar
panels, they can also be installed almost everywhere.
-DayStar has achieved 16.9% efficiency for Terrafoil Gen I on 1.1cm square, 13.5% efficiency for Terrafoil Gen II on 14 cm square by continuous processes developed for Gen III , the PVs are self repairing and no toxic materials are used in the manufacturing process. Life expectancy is projected to be 20-30 years.
The costs are $2/watt for terrafoil pvs and $4-10/watt for lightfoil pvs.
-They are creating a new operating division, the Equipment Development Group in Santa Clara, California, in order to accelerate the development of its Generation III roll-to-roll continous production platform.
-They retained ownership to intellectual property rights in techhnologies relating to CONCENTRATING PV optics in order to
convert heat into electricity (2 us patents, 9 int.patents and 2 int.applications).
-There is known R&D happening now to establish 2x, 3x, multi-junction panels (currently used in the space) which if they deliver >30% efficiency they will obsolete the current silicon panels; the timeframe is 1-2 years.

3. They ship monthly products to Blitzstrom http://www.sec.gov/Archives/edgar/data/1...
,a company based in Germany , the world's leader country for solar panels, and to the chinese company MEG too.
Since June 2007 the company is selling solar panels to General Electric http://www.bizjournals.com/albany/storie...

4. They hired many new workers (from 10 to 75) and a new vice president of manufacturing that left the solar silicon competitor ESLR for DSTI.

5. At the end of September 2006, the competitor Honda began construction of a plant to mass produce CIGS solar cells within the current site of Honda?s Kumamoto factory in Japan showing that CIGS is a viable technology. The new facility is expected to become operational in fall 2007 with an annual capacity of 27.5 megawatts.


6. They have a low float of 14.22 millions shares and 14.9 millions outstanding shares; that predicts high volatility.
They have a very low Market Cap compared with other solar players, $10M in tax grants, $12M in cash and received $1 million from 2007 defense appropriations bill. They completed $15M financing. The best strategy is to invest for the long term.

7. They are very confident of having two 10 MW systems up and running in 07, bringing in up to "$40 million annually" togheter, and easily replicable up to first, 25 MW, and then 100 MW.

8. Solar energy is the only way to produce electricity over the long term (1 hour of sunlight worldwide can produce 14 Terawatts, the total amount of energy used worldwide each year) because fossil fuels are running out and they are the cause of wars, terrorism and climate change.
Solar can satisfy all the 4 Policy Challenges (Energy Security, National Security, Environmental Security and Economic Security), while fossil fuels and nuclear energy can satisfy only 2 of them.
http://nsl.caltech.edu/energy.html click on 56k on the right side

9. The share price fell so much in 2005 because illegal financial brokers tried to destroy this company through the illegal practice of naked short selling. Proof of it is that DSTI has been for several months on the "naked shorts stocks" list.


Sentiment : Strong Buy