Solar Stock XsunX Inc (OTCBB:XSNX) .: Rated 'Speculative Buy,' Target Price $2.90 by Beacon Equity Research

XsunX Inc.: Rated 'Speculative Buy,' Target Price $2.90 by Beacon Equity Research

XSUNX Inc. DALLAS-XsunX Inc. (OTCBB: XSNX - News) has been rated Speculative Buy with a price target of $2.90 by Beacon Analyst, Lisa Springer, CFA.


The full report is available at www.beaconequity.com
Anyone interested in receiving alerts regarding XSNX research should e-mail members@beaconequity.com with “XSNX” in the subject line.
In the report, the analyst writes, “The Company is currently focusing its development efforts on designing an efficient evaporation source for use in commercial-scale manufacturing of CIGS layers. These design and engineering efforts began in April 2009. XSNX anticipates performing tests of evaporation source designs and adapting these sources to HDD equipment over the next nine to 10 months.

“XSNX’s new technology may produce a replacement for silicon wafers – roughly 80% of solar panels are silicon-based – at half the cost. The Company’s CIGS wafers could be integrated into solar panels, adapted to a variety of building materials and even used in consumer products.”
Other comparable companies involved in solar module manufacturing and technology include: DayStar Technologies Inc. (Nasdaq: DSTI - News), Suntech Power Holdings Co. Ltd. (NYSE: STP - News), JA Solar Holdings Co. Ltd. (Nasdaq: JASO - News) and First Solar Inc. (Nasdaq: FSLR - News).

Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BlueWave Advisors LLC has been compensated nine hundred thousand Restricted Rule 144 shares directly from XsunX as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts; BlueWave Advisors has been previously compensated a total of seventy five thousand dollars for contracts, which have expired. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.

Contact:BeaconEquity.comJeff Bishop, 469-252-3505press@beaconequity.comwww.BeaconEquity.comorXsunX Inc.

Vanessa Watkin, 888-797-4527investors@xsunx.com





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