Friday, March 20, 2009

Solar: DayStar Technologies Gets Going Concern Opinion (DSTI)

The stock is down 10% today, to $1.07.
From PV-tech:
Copper-indium-gallium-di-selenide (CIGS) thin-film start-up, DayStar Technologies has said that its auditor Hein & Associates LLP of Irvine, California included an audit opinion in its latest SEC financial filings that contained a going concern notice. The company had posted losses of approximately US$26 million in 2008 and acknowledged that it needed to raise further capital to continue development of its CIGS technology and bring the product to market....MORE