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Bullboard - Stock Discussion Forum UGE International Ltd V.UGE

Alternate Symbol(s):  UGEIF

UGE International Ltd. develops, owns, and operates community and commercial solar generation and storage projects. The Company operates through three segments: EPC, Engineering services, and Energy generation. The EPC segment is engaged in building solar energy projects for third parties. It provides engineering and consulting services through the Engineering services segment. The Energy... see more

TSXV:UGE - Post Discussion

UGE International Ltd > Letter of intent with global realestate firm.
View:
Post by alleyesonme on Sep 24, 2021 1:02pm

Letter of intent with global realestate firm.

up to 81 sites with global realestate firm...letter of intent subsequent to Q2's end. I wonder how many MWs of the pipeline is with this one company..this could be double their current confirmed backlog depending on the roof sizes and sites secured..a letter of intent after all is a written understanding with intent to commit to a legally binding contract..if they secure this hopefully it's soon...potentially doubling the backlog with would be a very big deal...the CEO of a company knows best what's coming down the pipes. Nicks behavior with buying would suggest this depressed share price is an opportunity that won't be here for long.
Comment by SmilingDog on Sep 24, 2021 3:42pm
Thanks for sharing - were did you see this LOI?
Comment by alleyesonme on Sep 24, 2021 7:54pm
It's in the q2 press release and also talked about in the q2 webinar all available at UGEI.com
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