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7.0. EDSR 07-14-1997
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7.0. EDSR 07-14-1997
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The board will be activated when the company finishes the sale of its DPO. I'll keep you <br /> posted. You can also check our web site if you have an Internet connection. <br /> • Internet Site <br /> Our Internet site at "http://www.solarattic.com" is going through the roof. Last month, we <br /> had 13,629 hits which was over two times the 6,480 hits we had in May. As of July 4th, our <br /> site had transferred over 568 megabytes of information about SolarAttic. And, we are <br /> currently averaging around 3.5 megabytes of information transferred daily. This is a <br /> tremendous amount of information. Analyzing the site shows that the entire site is being <br /> explored intensely by a lot of people. It appears that the "educational" aspects of <br /> launching our new solar technology has now been effectively transferred to the Internet. <br /> Sales <br /> Actual sales year to date are down from last year but only for the moment. Jim Stanley has <br /> signed up a distributor based in Florida and we are expecting his first order for 10 pool <br /> heaters any day. We are still shooting for 100 sales by year end. <br /> Energy House <br /> A new energy house is being built in Elk River. Our new ventilation technology will be <br /> showcased at the house. Expected completion is September 9th. <br /> State Fair <br /> Once again we will be at the state fair home improvement building booth 19. We expect to <br /> display the ventilation system that is installed in the new energy house. The fair runs from <br /> August 21 through September 1. <br /> New Facility <br /> We are now in the new Elk River Business Center which is located at 16820 Highway 10, <br /> Elk River. Our offices are in Suite 130 and our manufacturing is in Suite 140. Our mailing <br /> address will remain unchanged until we find a permanent location. We have a two year <br /> lease in the new facility. Feel free to pop in for a tour at any time. If you have an Internet <br /> connection, you can visually tour our new facilities. There are 40 pictures of the facility on <br /> the site. Simply click "Company" at the bottom of any page. Then click "Background <br /> Info" and then "Tour New Facilities." Enjoy. <br /> Last Private Opportunity <br /> We can still accept private investments from existing investors. This means you can either <br /> exercise options or take a last shot. If you would like to take a last shot at our private stock <br /> before we go public, the stock is $1.00 per share. We will accept all investments of$1,000 <br /> or more. The funds will_be used to defray some of our DPO startup expenses. You will <br /> need to take action prior to July 21st if you want to take a last shot privately. <br /> There are many good things happening at SolarAttic; it is difficult to cover them all. <br /> However, before I get too deep into the DPO, I thought it would be good to share the <br /> above information with you. Thank you for being a SolarAttic shareholder. <br /> Sincerely yours, <br /> • Edward Palmer <br /> President <br /> Stockholder Update: July 9, 1997: Page 2 of 2 <br />
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