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Nick: Guest839968882
Date: Thu Jul 12 01:38:26 2012

Executive SummarySoletev is a new business podivring high-quality, full service distribution of solar systems, electric vehicles, electric charge stations and energy storage, specialty solar energy and electric vehicles-related supplies to off grid solar systems to home business users electric vehicles with electric charge stations throughout Southern California SE Asia markets.The principal owners are Tung Vo and Hanh Nguyen, whose combined experience brings office management, high levels of customer service, and over 20 years in marketing and sales management. At this time we are seeking additional equity capital to compliment our own investment and are seeking to arrange a bank line for working capital and receivables financing. We have firm commitments to distribute several high-quality new age off grid solar systems, energy storage, electric vehicles charge EV stations, and have verbal commitments from independent distributors wholesalers throughout the Southern California SE Asia to carry our products. We currently have three solar system modules; M-24-00, M-24-01 M-24-02 and two electric scooters in our branch office in Tan Phu, Vietnam for the demonstration of their functionalities. We plan to distribute our first products within 90-180 days of finalizing financials arrangements.Sales projections for Soletev are estimated to begin at approximately $3,904,360 the first year, increasing to approximately $7,808,720 in Year 2 and approximately $11,713,080 in Year 3. Our net profit is projected at approximately $780,872 the first year, increasing to $2,342,616 by the end of the third year of operation. This based on a 20% net profit margin.Distinguishing characteristics of our business will be the combination of management experience, sales and distribution networking relation in SE Asia, high-quality, innovative products and exceptional customer service. In particular, what really sets up apart is that we are the ONLY exclusive distribution company for MCV of San Diego, BYD of Southern California, SI of Shanghai, China ZEV Corporation of West Virginia for Southern California SE Asia distributing solar systems, solar energy storage, electric vehicles and electric charge stations. In addition, Soletev is going to partner with Minh Anh Corporation Thuy Tien Group to manufacture our own high end but very affordable all electric scooters for Vietnam market using US high quality specs. 1.1 Objectives•To open and operate a successful distribution company for solar technologies including solar systems, solar energy storage, electric vehicles charge stations and all electric vehicles in the Southern California and SE Asia market•To employing eight to fifteen employees the first year.•To obtain at least 1 main distributor and/or 1 wholesaler for one of the 6 countries; USA, Vietnam, Laos, Thailand, Cambodia Philippines the first year of operation.•Sell a minimum of 300 solar systems,120 e-scooters, 2 energy storage 4 EV stations.•Achieve first year sales of $3,904,360 and maintain gross profit margin of 20%.•To produce a net profit of at least $780,872 by the end of the first year of operation.•To break even end of first year of operation maintain 20% net profit margin thereafter.

Nick: Guest2966834983
Date: Thu Jul 12 09:16:51 2012

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Nick: Anonymous_User6573960
Date: Sun Oct 14 22:50:37 2012

It is possible. The plberom you will ahve is when the sun sets- if it is still hot and humid- no sun=no power.If you wanted the AC to run 24 hours a day, get yourself 10KW of panels for a 1KW AC. Then add a 1500Watt truesine inverter, and start with 4 forklift batteries.You will need the excess power to charge the batteries for nightime operation. Plus you will have losses from the inverter and the charge control system. By compairison- the solar AC is the better deal if looking at just the up front costs.

Nick: Anonymous_User6575467
Date: Mon Oct 15 13:41:51 2012

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Nick: Anonymous_User6606120
Date: Fri Oct 26 08:33:42 2012

Since you mention cost, I'm genssiug your main goal would be saving money? Solar can do that, but it would be a large upfront cost, and perhaps 10 years to get your money back, after which you start saving money. That would be in a good area, like California. The most cost-effective system you can install today would be a grid-tied one. You would check with a solar installer to see how much that would cost.The best way to save money immediately is to turn the A/C thermostat up to what you can stand. In Wyoming, they had the A/C at 80 degrees, and it felt great (dry air).The best way to save money quickly but not instantly is to add shade and insulation to your house.

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