$GSFI New PR>>>>> Are Solar Stocks a Prime Bet
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Are Solar Stocks a Prime Bet as Infrastructure Bill Looms? (NASDAQ: ENPH) (OTC US: GSFI) (NASDAQ: SEDG)
Green Stream Holdings Inc. (OTCMKTS: GSFI) targets commercial property owners with a surplus of rooftop or sky-facing square footage space for installation of photovoltaic systems to harness energy access at prices outcompeting local utility pricing.
GSFI uses solar power purchase agreements (PPAs) or equipment leasing arrangements with the property owners, and benefits from marginal efficiencies as well as various federal or state tax credits, regulatory agency rebates, and long-term revenue streams generated from the sale of the harnessed electricity.
Green Stream Holdings Inc. (OTCMKTS: GSFI) most recently announced the prepayment of a Convertible Promissory Note in favor of EMA Financial, LLC dated September 22, 2020, in the amount of $147K.
According to the release, on February 24, 2021, the Company made the payment of $147,000 as full and final payment of the Promissory Note which included all principal, interest and any prepayment fees associated with this Promissory Note; Accordingly, the parties have no further rights or obligations as to each other and the Registrant will have no obligations to issue securities to Quick Capital, LLC under this Promissory Note.
Shares of the stock have been pulling back of late, but the company continues to pile up interesting catalysts. The pullback could offer an important opportunity at current levels, which are aligned with the stock's long-term 200-day moving average. This threshold often provides a key supportive edge in sharp pullbacks associated with strong growth trends.
Green Stream Holdings Inc. (OTCMKTS: GSFI) has put in place a clear pathway to potential growth and strong results in the future given its positioning and range of projects in one of the most promising market spaces for investors over coming years.
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