SOURCE: Solar Energy Initiatives

Solar Energy Initiatives

January 25, 2011 08:00 ET

Solar Energy Initiatives Announces That Solar Parks Initiatives Files S-1A Registration

PONTE VEDRA BEACH, FL--(Marketwire - January 25, 2011) - 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 Information

  • Contact:

    Investors:
    Solar Energy Initiatives, Inc.
    David Fann
    Chief Executive Officer
    904-644-6090
    Email Contact