Friday, May 07, 2010

Ludlow Issues Opinion on TSPG, with Price Target of $0.10 per share

(New York)--May 07, 2010--Ludlow Capital issues research opinion on TGI Solar Power Group (OTC:TSPG), a provider of solar and other clean technology products and solutions, with a valuation price target of $0.10 to $0.15 per share.

INVESTMENT HIGHLIGHTS

* Management Experience – appointment of John Litvinchuk as COO, graduated of Yale University with a BA in Economics, and MBA in Finance from New York University.
* Waste Disposal Technology – MOU agreement with Ukraine based Ekoplaz, waste disposal and clean energy generation technology, exclusive rights to use for US, EU, and South America, files for International patents.
* Solar Power – partnership with Italian based Prime Solar SRL for formation and management of US division, two projects in Italy with estimated value of $6.3 million.
* Water Treatment – sales and marketing agreement with Organic Products Solution Inc., a provider of clean tech solutions for water treatment facilities.
* Strategic Alliances – agreement with GreenRG Management LLC, exclusive sales, marketing, and distribution rights for installation of patented LED and energy saving devices.
* Distribution Network – understanding with e2/Energy Solutions, LLC (e2), a Northeastern integrator in solar energy, and HVAC installations.
* Market Cap Valuation – current market cap valuation of around $2 million, with projected fair-market valuation of $20 to $30 million.

SUMMARY

Tom Bustamante, the Managing Partner of Ludlow Capital, Inc. commented, “Although a ‘speculative’ small-cap play, over the past several months the company has been putting together a management team with expertise in business and finance, and has moved to broaden their strategic alliances and partnerships within the clean technology sector. The Company has diversified their green tech products and services to cover such areas as solar, water treatment, commercial and industrial waste disposal, and clean energy generation.  Putting these pieces together, we feel that the company has the potential to execute these projects into a company that should be marketed at a much higher market valuation”.

For a more in-depth opinion on the company, and the potential investment risks involved, please visit the link below for our full report.

Live Investor Presentation

The Company is planning to conduct a live online power-point investor presentation, and Q&A, sometime in the near-future. Interested investors can register online to attend this upcoming event by going to - http://www.wallstreetnewscast.com/profile/tspg.html

About TGI SOLAR POWER GROUP INC. TGI Solar (TSPG) (www.tgisolar.com) is a provider of solar and other alternative energy products and solutions. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs in Hong Kong and a subsidiary in Italy with solar installation, integration and energy consulting firms.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

CONTACT:

Ludlow Capital, Inc.
(347) 483-0121
info@ludlowcapital.com

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