Topic: How To Invest

Pat: Could you give me your thoughts on SolarWindow Technologies? Thanks.

Article Excerpt

SolarWindow Technologies, $3.18, symbol WNDW on the U.S. over-the-counter bulletin board (Shares outstanding: 26.9 million; Market cap: $84.9 million; www.solarwindow.com), believes it has developed a commercially viable method for spraying see-through electricity-generating solar cell coatings onto glass surfaces. The company says it has successfully scaled up its technology from a single solar cell—only one-quarter the size of a grain of rice—to a working array of solar cells that form a one-foot-by-one-foot working prototype. To date, SolarWindow has reported no revenue, and it used up $595,189 of cash in the three months ended November 30, 2015. Of that, it spent $441,694 on promotion and administration and $148,922 on research. As of November 30, 2015, the company held cash of just $169,057 and had $3.4 million of long-term debt (owed to shareholders in the company and mostly convertible into common shares). SolarWindow faces many major challenges. For one, it’s far from…