Note:
I have previously covered RGS Energy (OTC:RGSE), so investors should view this as an update to my earlier articles on the company.
Four weeks ago, I discussed RGS Energy's surprise decision to explore strategic alternatives as a clear indication that the commercialization of its POWERHOUSE Solar Shingles System ("the Powerhouse System") is running far below expectations.
Picture: Legacy POWERHOUSE System originally deployed by Dow Chemical - Source: Company Website
Since then, the company has announced its exit from the legacy residential solar business "to focus on the POWERHOUSE™ in-roof shingle market