For Immediate Release:
December 17, 1998
Contact:
James Kantorowicz (612) 441-3440
Elk River, MN. (December 17, 1998) -- SolarAttic, Inc. announced today that it has listed its direct public stock offering on the premier Internet location for small company stock offerings, the Direct Stock Market, which is located at http://www.dsm.com. The decision to list on the Direct Stock Market follows the decision to extend SolarAttic's offering to each individual state's expiration date.
SolarAttic is offering up to 200,000 shares at $5.00 per share. The minimum investment is 100 shares. The company's offering is fully registered in Rhode Island until December 31, 1998, in Connecticut until February 17, 1999, in California until February 23, 1999, in New Jersey until March 16, 1999 and in Iowa until July 8, 1999. Any investor can invest in the above states except in California where certain suitability requirements apply. Accredited investors in the following states can also invest: Arizona, Colorado, Delaware, Minnesota, Missouri, Nevada, Texas and Utah.
Ed Palmer, SolarAttic's CEO said: "The Direct Stock Market is an exciting development for all small companies. It is a daunting task to locate investors for small company offerings. The Direct Stock Market offers a focused location on the Internet where these investors can check out direct offerings. They also have developed a trading floor and a mechanism where secondary markets can emerge. The Direct Stock Market fills a critical void in the capitalization effort of all small companies. We're excited to be listed on dsm.com."
SolarAttic has developed a big piece of the solution to global warming. It's simply using all of that heat inside your attic. SolarAttic has discovered how to use this huge untapped heat resource for heating swimming pools, hot water and space. ItÕs low cost energy, almost free to use! SolarAttic has patented the technology. More information can be obtained by contacting James Kantorowicz at (612) 441-3440 or on the Internet at the companyÕs web site http://www.solarattic.com.
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