Flexible Electronics News

DayStar Acquires 20 Percent Equity Interest in Premier Global Holdings

Next generation solar technology allowing generation and storage all in one

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By: DAVID SAVASTANO

Editor, Ink World Magazine

DayStar Technologies, Inc. said its Board of Directors has approved the acquisition of a 20% equity ownership in BC-based Premier Global Holdings Corporation, which has successfully demonstrated solar cells that are the first to combine energy generation and power storage in one cell. DayStar is to issue $12 million in preferred stock in return for the 20% equity ownership position in privately held Premier. The preferred can be converted to common stock at $1.60 per share, and will pay an in...

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