SUNV - Sunovia Energy Technologies, Inc. (OTCBB Stock)

[greencat]

SUNV has a real nice set-up. Volume has moved into the stock and I will be looking for a run. And its in the right sector..

Sunovia Energy Technologies, Inc., a development stage company, engages in engineering, developing, marketing, and distributing solar powered substrate technology in the United States. It is developing solar and non-solar powered substrates that permit sign-quality graphics to be run through printers with electric lighting embedded in the substrate. The company’s proprietary products enable the convergence of technologies in the area of solar, micro-battery, chip-scale electronics, micro electro-mechanical systems, light emitting diodes, printable electronic inks, global positioning systems, and wireless communication technologies. Its product under development, Solar Stickers, a solar adhesive technology, integrates flex circuitry, photovoltaics, microbatteries, light emitting diodes, and radio frequency identification to form a printable solar lighted substrate that is illuminated from within. The company was founded in 2005 and is based in Sarasota, Florida.

Sunovia Energy Technologies, Inc
6408 Parkland Drive
Suite 104
Sarasota, FL 34243
United States - Map
Phone: 941-751-6800
Fax: 941-751-3583
Web Site: http://www.sunenergysolar.com

Shares Outstanding5: 436.38M
Float: 378.33M
Total Cash (mrq): 4.25M
Operating Cash Flow (ttm): -5.35M

[greencat]

Some P/R's
Unregistered Sale of Equity Securities, Financial Statements and



Item 3.02 Unregistered Sales of Equity Securities
On April 30, 2008, accredited investors purchased an aggregate of 23,592,380 shares of common stock (the "Shares") at $0.10 per share for an aggregate purchase price of $2,359,238 from Sunovia Energy Technologies, Inc. (the "Company"). The funds raised will be utilized by the Company for the development of the scalable CdTe-based solar cell manufacturing facility and sales of the EvoLucia(TM) LED-based solid-state lighting solutions.

The Shares were offered and sold to the accredited investors in a private placement transaction made in reliance upon exemptions from registration pursuant to Section 4(2) under the Securities Act of 1933 and Rule 506 promulgated thereunder. Each of the Investors are accredited investors as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933.



Press Release Source: Sunovia Energy Technologies, Inc.


Sunovia and EPIR Announce Unprecedented Breakthrough in the Manufacturing of Single Crystalline Cadmium Telluride (CdTe) on Silicon
Thursday May 8, 12:24 pm ET


SARASOTA, Fla., May 8 /PRNewswire-FirstCall/ -- Sunovia Energy Technologies, Inc. (OTC Bulletin Board: SUNV - News) and EPIR Technologies, Inc. (EPIR) are pleased to announce an unprecedented breakthrough in the manufacturing of Single Crystalline Cadmium Telluride (CdTe) grown by molecular beam epitaxy (MBE) on silicon (Si), known as CdTe/Si. The companies have discovered a method to produce single crystalline CdTe/Si more rapidly than ever achieved before in any lab, even for a single isolated sample. The results have been independently validated and are readily reproducible with an extremely high yield and an unprecedented high crystal quality. This breakthrough paves the way for continued progress toward the large-scale manufacturing and commercialization of single crystalline epitaxial CdTe/Si, which the companies believe, as of today, has no competitors. This breakthrough again demonstrates the companies' continuing role as the leading developers of advanced night vision materials and ultra-high-efficiency solar cells based on CdTe/Si.
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This breakthrough validates the first reproducible, high-yield growth of high-quality CdTe/Si suitable for commercial manufacturing. The companies believe that this development alone will greatly reduce the cost of high-efficiency CdTe-based solar cells and night vision detectors and cameras. This breakthrough also dramatically improved the crystal quality of the CdTe produced. It created improvements in the crystal quality of three-inch CdTe wafers more than twice as great as all of the improvements achieved over the last decade. In addition, the improvement in uniformity across the wafer is even more striking than the great improvement in crystal quality at the center of the wafer. This indicates a high likelihood of being able to move rapidly to the commercial large-scale manufacturing of even larger area CdTe/Si wafers, further lowering costs and speeding up production. This is of prodigious importance to the companies' solar cell manufacturing program because that program has single crystal CdTe/Si as its fundamental base for creating even more efficient cells.

As explained in previous Sunovia press releases, the development of high-efficiency infrared materials and devices and that of photovoltaic (PV) devices are very similar, except that infrared device manufacturing is much more precise and difficult.

"I am very pleased for the shareholders and investors of Sunovia and EPIR to announce this unprecedented breakthrough," stated Dr. Siva Sivananthan, President and CEO of EPIR Technologies, Inc. "This accomplishment is a direct reflection of the incredible talent at EPIR, and the 'team first' attitude we share with Sunovia," added Sivananthan.

About Sunovia Energy Technologies, Inc. and EPIR Technologies, Inc.

Sunovia and EPIR own significant equity interests in one another. Sunovia is a Sarasota, Fla.-based renewable energy and energy conservation company that is working to develop one of the most advanced and cost-effective cadmium telluride (CdTe) solar cell technologies ever created. Sunovia is also the owner of the proprietary EvoLucia(TM) LED lighting product line; the incredibly energy efficient LED lighting solutions have received CE, FCC, TUV and IP23 regulatory approvals, and are now being marketed worldwide.

Illinois-based EPIR Technologies, Inc. ( http://www.epir.com ) is one of the most advanced IR sensor and imaging companies in the world. EPIR's knowledge, experience and expertise in the growth of CdTe, HgCdTe and other II-VI semiconductors equal or exceed those of any other company in the world. Their prowess in this area is unmatched and has been endorsed by the award of unprecedented Congressional funds for the development of a manufacturing capability for CdTe on Si and the award of a patent for growing CdTe directly on a Si readout integrated circuit, as well as other patents. Although currently entering manufacturing in order to maximize the profit from its distinguished R&D, EPIR is committed to protecting its strong R&D and technology base and is maintaining close collaborative relationships with Department of Defense, industrial, and university laboratories. EPIR is now ramping up its manufacturing of CdTe on Si and is manufacturing high quality HgCdTe infrared material, using the CdTe on Si as a low cost substrate. In addition, EPIR has developed a portfolio of specialty sensors that it has begun to produce; including both a variety of IR sensors and a biosensor and decontamination system.

Perhaps most important, EPIR now has leveraged its great expertise in the manufacturing of II-VI semiconductor materials and optoelectronic devices to enter the rapidly expanding field of solar energy. The same techniques learned in the growth of military-grade infrared materials are now being successfully applied to the production of solar cells. High-sensitivity infrared materials produced at low cost by EPIR are being used to obtain high solar cell efficiencies at low cost. EPIR's immediate plans include the manufacturing of solar cells for space applications and concentrator systems.

Sunovia Energy's Web site is located at www.sunoviaenergy.com . EPIR Technologies, Inc.'s Web site is located at www.epir.com . More information about this exclusive partnership may be viewed in the company's filings with the Securities and Exchange Commission (SEC), available online at www.sec.gov.

The Sunovia Energy logo is a registered service mark of Sunovia Energy Technologies, Inc. in the United States and/or other countries. Sunovia Energy products and services are provided by Sunovia Energy Technologies, Inc.

[greencat]

Any sign of strength Monday and I am going to be all over it...

[BadThad]

This looks quite interesting. I'm going to DD it more on Monday. I like these tech companies that have something special to offer. Quite nice that some investors spent over 2mil on shares.....apparently they are convinced and I'm sure they were given the "grand tour" before putting down that kind of cash.

[greencat]

Chart is still set up. I haven't bought any shares yet but I am watching closely.

[BadThad]

Up 18% today to close at $1.00. It could be time for this one to start running IMO....the charts look good.

[BadThad]

Time to bump this stock up.....for no other reason except that some fresh DD should be in order. They are making products that should be HOT. The stock is trading now at only 0.10 and I like the range:

52wk Range 0.05 - 1.69

SUNV - Sunovia Energy Technologies, Inc. - Google Finance (http://www.google.com/finance?q=OTC%3ASUNV)

[BadThad]

Latest News:

Sunovia and EPIR Announce $9 Million SBIR Award CdTe/Si Wafer Commercialization and Capacity Expansion


SARASOTA, Fla., April 14 /PRNewswire-FirstCall/ -- Sunovia Energy Technologies, Inc. (OTC Bulletin Board: SUNV) (hereinafter "Sunovia") and EPIR Technologies, Inc. (hereinafter 'EPIR' and collectively with Sunovia, 'the Partners' or 'the Partnership') announce the receipt of a $9 million Defense Department SBIR Phase III contract that allows for the expansion of production capacities and capabilities of the Partners' cadmium telluride on silicon (CdTe/Si) manufacturing program.


The Partners are the only companies in the solar energy business that are capable of growing single-crystal, high-quality CdTe/Si wafers. The growth of CdTe/Si was pioneered by Dr. Siva Sivananthan of EPIR for applications in the infrared imaging industry. After more than ten years of research and development, the Partners have achieved the successful commercialization of CdTe/Si wafers. These wafers drastically reduce the cost of infrared cameras for the US military. Most of this research was funded by the Department of Defense, and is resulting in growing sales in three different areas of the market.


This breakthrough technology is now being adapted for the solar markets, and they are ahead of schedule in delivering ultra-high efficiency solar cells that can be produced at about one-fifth the cost of today's high-efficiency solar cells. The speed and success that they have achieved to date in the commercialization of these new solar cells has allowed the Partners to accelerate the marketing of solar power to the global utilities and governmental markets. The Partners are currently under contract to install 20 MW of solar energy at the Cibernetique Parque in Santo Domingo, Dominican Republic.


The Partners' unprecedented capabilities are coupled with a virtual monopoly on the world's experts in this solar manufacturing technology, which creates a formidable obstacle for any potential competitor. The Partners are aware of no competitor in the industry today, including First Solar and SunPower, that is capable of achieving a comparable cost per Watt. The expertise within the Partnership in areas including semiconductor materials, light detection arrays, infrared imaging sensors and complete system integration provides them with a marked advantage in the commercialization of breakthrough solar and infrared products.


Dr. Siva Sivananthan, Chairman and CEO of EPIR, stated, "Senator Durbin's continued support has been extremely helpful, and I expect to continue rewarding his support with innovation and achievement that exceeds expectations and contributes substantially both to the protection of our soldiers, our country, our economic growth and the health of our environment."

[BadThad]

Someone else want to chime in on this stock? I'm seriously thinking of buying some shares at these prices.

[greencat]

SUNV has a possible cup pattern that could develop. I would like to hear from you DD guys about this stock. I am interested though it has yet to make a higher high or higher low. Many stocks have blowed up out up patterns similar to SUNV.

SUNV Chart

http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=1271923258

[greencat]

Moved to fast for me this morning..

SUNV has a possible cup pattern that could develop. I would like to hear from you DD guys about this stock. I am interested though it has yet to make a higher high or higher low. Many stocks have blowed up out up patterns similar to SUNV.

SUNV Chart

http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=1271923258

[greencat]

SUNV looks like it will complete the cup pattern at .04, then fall back and make an inverted head and shoulders pattern before making a nice move up.

SUNV Chart

http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=1271923258

[greencat]

SUNV has a bullish inverted head and shoulder patter. Needs to hold .03

SUNV Chart
http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=62020047

[greencat]

SUNV making a possible inverted head and shouldes pattern.

SUNV Chart
http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=62020047

[greencat]

SUNV making a base and could be getting ready to move.

SUNV Chart
http://www.profitspi.com/stock-chart-str.aspx?id=SUNV&ca=62020047

[Denistrott]

The company's patented products, micro-solar cells, the chip-level electronics, MEMS, LED, printable electronic ink, the field of global positioning system technology integration,