BioSolar Inc. Reiterated 'Speculative Buy' Rating, Target Price $1.37 by Beacon Equity Research
03 September 2008 - 1:00PM
Business Wire
BioSolar Inc. (OTCBB: BSRC) has received a reiterated Speculative
Buy Rating with a price target of $1.37 by Beacon Analyst, Victor
Sula, Ph.D. The full report is available at
http://www.beaconequity.com/adpages/BSRC. Anyone interested in
receiving alerts regarding BSRC research should e-mail
members@beaconequity.com with �BSRC� in the subject line. In the
report, the analyst writes, �The Company is transitioning to
full-scale production of its BioBacksheet� in a state-of-the-art
manufacturing facility operated by its contract manufacturing
partner, Rowland Technologies Inc. and expects to report meaningful
revenues by year-end 2008 as it commences full-scale production of
its bio-based material.� Other companies in the solar/technology
industry include: Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF),
Ascent Solar Technologies (Nasdaq: ASTI), Evergreen Solar (Nasdaq:
ESLR) and Suntech Power Holdings (NYSE: STP). Beacon Equity
Research Disclosure The analysts contributing to this report
certify that the views expressed herein accurately reflect the
analysts' personal views as to the subject securities and issuers.
BeaconEquity.com is not a registered investment advisor and nothing
contained in any materials should be construed as a recommendation
to buy or sell any securities. BeaconEquity.com is a wholly owned
entity of BlueWave Advisors, LLC, which has been compensated a
total of fifteen thousand dollars and one hundred thousand
restricted rule 144 shares from BioSolar Inc. (BSRC); and has been
contracted to receive fifteen thousand dollars a month directly
from BSRC as a marketing budget to manage a comprehensive investor
awareness program including the creation and distribution of this
report as well as other investor relations efforts. This report is
based on data obtained from sources we believe to be reliable, but
is not guaranteed as to accuracy and does not purport to be
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