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The 20 April 2010 explosion of the Deepwater Horizon, in which 11 people died, led to an oil spill that contaminated a vast area of United States marine environment and continues to have a serious impact on wildlife, the local fishing industry, and regional tourism. The catastrophe has severely depressed BP's stock price as well as its reputation and led to speculation about consequences such as a takeover of the company. Attempts at capping the leak and containing the slick are ongoing. Capture of new oil flows is approaching completion, while estimates of the well being permanently shut down are for sometime between August and October of 2010. Cleanup along the marshes and coasts is expected to take much longer.
"Transparency is not only in the public interest, it is part of the scientific process. We want to make sure that independent scientists, engineers and other experts have every opportunity to review this information and make their own conclusions." -Secretary Chu
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Global Warming... Peak Oil... The World is being forced to turn to renewable energies to supply a cleaner, more sustainable future for our World. At Clear Skies Solar we believe that Solar Energy Is the Future!
This presentation or any other Clear Skies Solar publication or release includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements give our current expectations or forecasts of future events. Words such as "expect," "may," "anticipate," "intend," "would," "will," "plan," "believe," "estimate," "should," and similar expressions identify forward-looking statements. Forward-looking statements in this presentation include express or implied statements concerning our future revenues, acquisitions, expenditures, capital or other funding requirements, the adequacy of our current cash and working capital balances to fund our present and planned operations and financing needs, expansion of and demand for our product and services offerings, the growth of our business and operations as well as future economic and other conditions both generally and in our specific geographic and product and service markets. These statements are based on our estimates, projections, beliefs and assumptions and are not guarantees of future performance. We caution that these risk factors, among others, could cause our actual results to differ materially from those expressed in forward-looking statements made by or on behalf of us in this presentation. Our forward-looking statements relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, even if experience or future changes make it clear that any projected results or events expressed or implied therein will not be realized. •
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