Mr. Raj Gurm, President of NATCO International, is pleased to announce that Lassen Energy, the company currently in the process of a Share Exchange Merger with NATCO, has raised the necessary funds to build the hybrid solar panel test models.
The test models are expected to be completed within a few weeks and will undergo third party testing. NATCO will be verifying the solar panels' power output and performance.
"This is an exciting time for us and our shareholders as we anxiously await the outcome of the results from the hybrid solar panels. This solar technology, if proven, has the potential to become revolutionary for the solar industry. The possibilities for this advanced technology are endless on a worldwide scale particularly in light of the high price of oil." says Raj Gurm.
Lassen Energy's solar panel contains components that combine patent pending technology with proprietary trade secrets to dramatically improve the photovoltaic efficiency. Additionally, Lassen also has the rights to construct and operate solar power plants with output in excess of 1 Megawatt using these proprietary solar panels.
The Share Exchange Merger is scheduled to complete once verification of the solar panel technology has been completed, further details will be forthcoming.
