Wall Street Signals: Principal Solar Issues Shareholder Update; Receives SEC Qualification to Commence Regulation A plus Offering

Principal Solar Issues Shareholder Update; Receives SEC Qualification to Commence Regulation A plus Offering


Company Intends to Offer up to 100,000,000 Shares of Its Common Stock; Proceeds Expected to Fund Commercialization of TORS Extraction Technology, Provide Working Capital

Dallas, Texas--(Newsfile Corp. - February 9, 2021) - Principal Solar, Inc. (OTC Pink: PSWW) ("Principal" or "the Company"), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors, today issued an update to shareholders from its Chairman and CEO, K. Bryce Toussaint, MBA, CPA.

Fellow Shareholders,

The last quarter has been a busy one for PSWW. In addition to implementing our updated business model, the Company has been qualified by the Securities and Exchange Commission to commence a Regulation A Plus Offering. Regulation A Plus Offerings (also known as "Reg A" Offerings) are unique in that shares can be sold to the general public and are not limited to accredited (means-qualified) investors.

As of the date of this delivery, the Qualified Offering Terms are set at ten pennies (US$0.10) per normal portion of PSWW's stock. Offers are as of now accessible to financial backers in the States of Colorado and New York. Our supervisory crew is at present working with our Corporate Counsel trying to qualify the Regulation A Plus contribution in extra states and to acquire Current Information Status with the OTC Markets Group. 

In my last investor update letter, I talked about the Company's selective permit to convey the TORSâ„¢ framework in the conditions of Louisiana and Oklahoma. Pinnacle is a minimal effort, little impression tertiary petrol extraction arrangement that can possibly change the financial matters of a minor, stranded, and comparably bothering properties that are presently cost restrictive when using existing recuperation strategies. 

At the point when we reconsidered our plan of action, we felt that adaptability was critical to the TORS arrangement, and that enticing financial backer to take an interest in the potential gain potential from the blend of securing as well as putting resources into minimal effort properties (comparative with the estimation of its realized petrol stores) and TORS' exceptional low lifting costs was the correct approach. Especially in the present testing financial environment, we accept a Reg A Plus design that can offer freedoms to the biggest number of financial backers.

It is our expectation that success with the TORS rollout combined with our acquisition/investment strategy will enhance our ability to attract investors and propel our business model forward in an efficient manner. Meanwhile, the Company continues to work with vendors and debt holders to settle outstanding liabilities in a manner that will give the company the best opportunity to effectively execute its business model.

I'm glad to count you as fellow shareholders and look forward to our mutual success in 2021.

Sincerely,

Rick Toussaint
Chairman and CEO
Principal Solar, Inc.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company's website (which is currently under construction) at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release that are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW's control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW's most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission.

Company Contact
K. Bryce "Rick" Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kbt@pswwenergy.com
214.885.0032