What Can Stop Solar Power, Inc. (OTCMKTS:SOPW)

[[tagnumber 0]][[tagnumber 1]]Solar Power, Inc. (OTCMKTS:SOPW) rarely closes a session in the red and it has experienced massive growth in the past several months, gaining nearly 1000% in value since the start of July.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is all happening while the company is issuing massive amounts of shares in private placements in order to obtain working capital. On October 21 it was announced that the most recent private placement for an aggregate of [[tagnumber 6]]$43.8 million[[tagnumber 7]] has been completed.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company itself has a strong balance sheet and we are most interested what their report for the third quarter will contain after all these private placements and issuance of shares. Here are the numbers from the report for the second quarter.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 15]] [[tagnumber 16]]cash: $5.85 million[[tagnumber 17]] [[tagnumber 16]]current assets: $17.24 million[[tagnumber 17]] [[tagnumber 16]]total assets: $72.84 million[[tagnumber 17]] [[tagnumber 16]]current liabilities: $44.09 million[[tagnumber 17]] [[tagnumber 16]]total liabilities: $56.85 million[[tagnumber 17]] [[tagnumber 16]]quarterly revenues: $9.94 million[[tagnumber 17]] [[tagnumber 16]]quarterly net loss: $2.17 million[[tagnumber 17]] [[tagnumber 30]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Surely, this is one impressive balance sheet for a company listed in the OTC markets. The current market cap, however, is also pretty large and should have passed the $1 billion mark with the recent issuance of shares that isn’t accounted for in the OTC markets profile of [[tagnumber 6]]SOPW[[tagnumber 7]] yet.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The latest news are the [[tagnumber 6]]SOPW [[tagnumber 7]]has entered into several agreements with [[tagnumber 6]]GD Solar Co., Ltd[[tagnumber 7]], a subsidiary of Guodian Technology & Environment Group Corporation Limited. According to it [[tagnumber 6]]SOPW [[tagnumber 7]]will buy a total of 160 megawatts of PV capacity from GD Solar affiliates for a price of [[tagnumber 6]]RMB1.575 billion[[tagnumber 7]], or [[tagnumber 6]]$257 million[[tagnumber 7]].[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The amount of money is huge and we are quite sure that the printing presses at SOPW will keep running at full throttle, causing further dilution, but still, the news were received very well as SOPW climbed 12.77% while a total of 1.19 million shares changed their owners, generating $3.15 million in dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Early today [[tagnumber 6]]SOPW[[tagnumber 7]] announced its intentions to acquire six more projects that are under construction from [[tagnumber 6]]ZhongNeng GuoDian New Energy Development and Investment Jiangsu Co., Ltd[[tagnumber 7]] and we are pretty sure that investors will be excited.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 64]][[tagnumber 65]][[tagnumber 2]] [[tagnumber 0]]Still, it is always a good idea to do your due diligence and weigh out the risks, especially when we have such heavy issuance of shares at such great discounts. After all, you don’t want to be caught there, pants down if the bubble pops. [[tagnumber 2]]