POMPANO BEACH, Fla.,
Nov. 19, 2013 /PRNewswire/ --
Solpower Corporation, Symbol (OTCPink: SOCR), today announced it
has posted revenue earnings in the company's most recent disclosure
and those earnings continue to grow. The company expected to be in
a pre-revenue phase until after the first of the year, but early
completion of certain applications and the addition of a few custom
projects have accelerated that process by months.
"Solpower Corp. is a very unique company, in that we develop and
patent new and unique solutions for various high demand, high
profit industries. We are not just software developers that make
cool apps, we are entrepreneurs and inventors who create
proprietary methods with sustainable business models in proven
industries that earn revenue and have no direct, competition,"
explained Solpower Corporation's CEO, Charles Nienstedt, who went on to say, "We are
now proving the validity of those models by starting to show
revenue on the books. In our last disclosure we showed just the
beginnings of revenue generation, but that revenue base has started
rapidly expanding, and I think we will surprise everyone with the
next few quarters for sure. This is all the result of a lot of
planning, and a lot of hard work, but it is what my team and I love
to do."
The company starts by selecting high demand, highly profitable
industries like healthcare, law enforcement/security, and mobile
social network enabled games. They look for the one weakness,
problem or opportunity that stands out the most. The team then
brainstorms solutions, and they apply them to a revenue generation
model. Only then, when a solution shows revenue potential do they
begin planning the development of the application. So far this has
created some interesting applications with tremendous potential,
and some that are already bringing in revenue streams.
Mr. Nienstedt also assures shareholders and investors that the
company has no major financing needs at this time, and therefore no
plans to issue shares or seek expensive financing. It is the
company's goal to keep the share structure exactly where it is now
for as long as possible, building shareholder value, and the value
of the company's own equity. He also vows to make every attempt to
be as transparent as possible and to give shareholders as much
information as he can on a regular basis.
About Solpower Corporation
Solpower Corporation, founded in the late 90's has always been on
the leading edge of technology. The company owns the popular
MedCare Collect payment and billing processing system for
healthcare professionals, and is determined to become a leader in
producing innovative products and services. For more information,
please contact Solpower Corp at: medcare@solpowerco.com or
(877)-531-6613, and follow us on twitter: @solpowercorp for
updates.
Forward-Looking Statements
This press release contains forward-looking statements, including
information about management's view of the Company's future
expectations, plans and prospects. In particular, when used in the
preceding discussion, the words "believes," "expects," "intends,"
"plans," "anticipates," or "may," and similar conditional
expressions are intended to identify forward-looking statements.
Any statements made in this news release can be forward-looking
statements. Such statements are based upon assumptions that in the
future may prove not to have been accurate and are subject to
significant risks and uncertainties. Although the Company believes
that the expectations reflected in the forward-looking statements
are reasonable, it can give no assurance that its forward-looking
statements will prove to be correct. Such statements are subject to
a number of assumptions, risks and uncertainties, many of which are
beyond the control of the Company. The forward-looking statements
in this press release are made as of the date hereof. The Company
takes no obligation to update or correct (i) its own
forward-looking statements, except as required by law, or (ii)
those prepared by third parties that are not paid for by the
Company.
SOURCE Solpower Corporation