DALLAS, March 28, 2011 /PRNewswire/ -- Kupper Parker Communications, Inc. (Pink Sheets: KPCG) announces the completion of its merger with Principal Solar, Inc., www.PrincipalSolar.com, ("PSI"), the resignation of its prior management team and the appointment of Michael Gorton, PSI's Chief Executive Officer, as CEO for the Corporation.
The corporation is changing its name to Principal Solar, Inc., and applying for a new stock symbol. After the reverse split and issuance of the new shares associated with the merger, the total issued and outstanding common stock of the corporation will be 12,720,051 shares. Management intends to apply for listing on one of the major U.S. exchanges as soon as the company qualifies.
"Gorton, a proven leader with a successful entrepreneurial track record, will build a sustainable business that drives increased adoption of solar energy," says William B. Glenn, Jr., Kupper Parker's former CEO.
Gorton adds, "PSI emerges as a premier renewable energy holding company with a unique roll-up strategy that is positioned to rapidly advance the inevitable, worldwide utilization of solar energy – a competitively priced alternative to fossil fuel."
About Principal Solar
Principal Solar, Inc. is a renewable energy holding company which concentrates its resources on the acquisition, finance, development, and management of solar power companies to rapidly advance the inevitable utilization of solar power. The company is building the world's first online library dedicated exclusively to the field of solar energy – a 24-hour gateway to current information, perspectives and thought-leadership: www.definitivesolarlibrary.com.
Statements which are not historical facts contained in this release are forward-looking statements, such as "immediately accretive" that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
© 2011 Principal Solar, Inc. The information herein is subject to change without notice. Principal Solar, Inc. shall not be liable for technical or editorial errors or omissions contained herein.
Contact: Michael Gorton CEO Principal Solar, Inc. 214 561 8610 mg@PrincipalSolar.com
SOURCE Kupper Parker Communications, Inc.