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Principal Solar and Executive Logistics & Transportation and its Affiliates Secure Majority Operating and Non-Operated Interest from Winchester Oil & Gas

DALLAS, TX / ACCESSWIRE / June 12, 2023 / Principal Solar, Inc. (OTC Pink:PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that Principal and its joint venture partner Executive Logistics & Transportation and its affiliates (“ELT”) have completed the acquisition of certain Winchester Oil & Gas (“Winchester”) oil and gas leases and field equipment from the Minerva-Rockdale Oil Field (“Minerva”, “Minerva-Rockdale”, or “MROF”). Winchester is an established oil and gas operator with commercial production.

“Principal continues to successfully execute its strategy of identifying and acquiring oil & gas properties with the potential to bring significant value to our stakeholders,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chief Executive Officer of Principal Solar. “The completion of this acquisition brings immediate revenue potential to the Company, and with Minerva’s proven reserves, significant upside potential.”

Acquisition Details

Principal and ELT have obtained both operating and non-operated interest in the Minerva-Rockdale oil and gas leases, which cover approximately 11,000 acres in Milam County, Texas. In the future, Principal will have the option to increase its equity percentage in the field in exchange for issuance of the Company’s common stock, subject to market conditions and other factors. Specific terms and conditions will be disclosed as they become available.

The Minerva-Rockdale Oil Field

Minerva-Rockdale was discovered in 1921 and was once one of the largest oilfields in Texas. Prior to 1950, MROF produced 4,000,000 barrels of oil; total production from August 2014 to today stands at 481,000 barrels. MROF remains a steady producer with significant reserves of oil yet to be recovered.

For additional details regarding the Minerva-Rockdale Oil Field, please refer to PSWW’s earlier press release, available at: https://pswwenergy.com/2023/03/15/principal-solar-to-acquire-minerva-rockdale-leases-wells-and-assets/

Current Production and Upside Potential

“During our due diligence period, we noted that oil production has occasionally reached quantities as high as 380 barrels per day, which is significantly higher than our original 200-barrel estimate,” continued Mr. Toussaint. “Assuming this higher production level continues, our joint efforts in the field with ELT could potentially realize annual gross revenues as high as USD$9.5 million*. Meanwhile, we are working to increase production to our minimum goal of 500 barrels per day.”

About Executive Logistics & Transportation, LLC

ELT was established in 2020 with the overarching goal of leaving a long-lasting, positive imprint on the nation’s transportation industry. In doing so, one of ELT’s major responsibilities – and one of its core strengths – is safely transporting heavy freight nationwide to help sustain our country’s supply chain. ELT creates jobs and provides opportunities within the communities in which it operates as well as motivates and empowers those who need a second chance by welcoming those persons with prior justice system involvement. ELT believes in doing its part to help break the vicious cycle that has plagued countless families and communities across this nation and has stepped up with real opportunities, thereby making real differences in peoples’ lives.

For more information about ELT, please visit www.eltransport.com.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

*Estimated gross revenue calculation based on Reuters’ current West Texas Intermediate crude oil price of $70.17 per barrel.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW’s control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact

Michael Briola
invest@pswwenergy.com

SOURCE: Principal Solar, Inc.

DALLAS, TX / ACCESSWIRE / June 9, 2023 / Principal Solar, Inc. (OTC PINK:PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and operator of undervalued petroleum-producing properties, today released a statement from the Company’s Chief Executive Officer, K. Bryce “Rick” Toussaint, CPA, MBA, regarding recent action taken against the Company by the Securities and Exchange Commission.

Fellow Shareholders,

Due to issues in a “Form type 253” filed on 08/03/2021 and compiled by our prior corporate counsel and reviewed, approved, and submitted by the Company, the SEC has recently ordered Principal Solar to pay a fine of $40,000 and has banned the Company from utilizing Regulation A Plus financing for a period of five years. Our management team understands that unintentional errors can happen, and we appreciate the well-intended efforts of our hard-working and dedicated associated professionals. Of course, we will pay the fine and abide by the SEC’s orders as we move forward in executing our corporate strategy and build value for our stakeholders.

Despite our temporary preclusion from utilizing Regulation A Plus financing as a source of capital, I strongly believe that our ability to continue forward remains, as other financing mechanisms remain available to the Company. To that end, we have begun the process of preparing a Form S-1 which, when submitted and if accepted by the SEC, enables Principal to register and sell its securities. We also intend to file a waiver with the SEC in hope of shortening the duration of the Regulation A Plus ban.

The bottom line is that we respect the SEC and the important role it serves in maintaining the transparency and orderly operation of the public markets. We as a management team accept total responsibility for this mistake and will learn from this experience as we continue our efforts to build Principal Solar into a thriving organization that operates with transparency, integrity, and unwavering dedication to our partners and shareholders.

Onward!

Sincerely,

K. Bryce “Rick” Toussaint, CPA, MBA
Chief Executive Officer
Principal Solar, Inc.

About Principal Solar
Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW’s control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact
K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

###

SOURCE: Principal Solar, Inc.

IA’s Second Report Provides Updates on Principal’s Heavy EV and Petroleum Market Opportunities

DALLAS, TX / ACCESSWIRE / April 10, 2023 / Principal Solar, Inc. (OTC PINK:PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-

generation opportunities in traditional, renewable, and clean energy sectors as well as an

investor in and operator of undervalued petroleum-producing properties, today announced the availability of an updated research report now available from Institutional Analyst’s (“IA’s”) Alternative Energy Review.

“As part of our ongoing commitment to ensuring our present and future shareholders are up to speed on the Company’s activities and opportunities, IA has released the next installment in its compensated research coverage of Principal Solar,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of Principal Solar. “I believe the updated report does an excellent job of describing our markets, provides context for our current opportunities, and clearly articulates a strong case for our approach to building shareholder value. It’s a ‘must-read’ for our stakeholders in particular and energy sector investors in general.”

IA’s updated coverage report, “Two Binary Events Rapidly Approaching Principal Solar (PSWW)” can be viewed at https://internetstockreview.com/two-binary-events-rapidly-approaching-principal-solar-psww/.

About Institutional Analyst, Inc.

Since 1995, IA has published a number of widely read sector-based newsletters, including its flagship letters the Internet Stock Review and the Biotech Stock Review, at https://www.internetstockreview.com.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’ hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWWs’ control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWWs’ most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact
K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

SOURCE: Principal Solar, Inc.

Letter Discusses the Company’s Latest Heavy EV and Petroleum Sector Activities; Renewed and Refined Strategic Focus; More

DALLAS, TX / ACCESSWIRE / March 23, 2023 / Principal Solar, Inc. (OTC PINK:PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and operator of undervalued petroleum-producing properties, today released letter to its shareholders from K. Bryce “Rick” Toussaint, CPA, MBA, the Company’s Chairman and CEO.

Fellow Shareholders,

I believe 2023 is shaping up to be an exciting year for Principal with a number of major milestones on the horizon, both for the Company and its Portfolio Investments. With strategic agility, market potential, and stakeholder value as its driving priorities, our leadership team has recently taken a close look at our existing partnerships, investments, and joint ventures in order to refine Principal’s corporate focus and streamline its activities – and ultimately increase the likelihood of the Company’s overall success and profitability.

As a result, we are in the process of divesting Principal of business activities, investments, and relationships that we feel are not in line with our renewed and sharpened corporate focus.

Fortunately, we’re already seeing the benefits of this streamlining process in the quality and effectiveness of our new business relationships. Through our recently announced joint venture with Executive Logistics & Transportation (“ELT”), we’ve been able to focus our efforts on acquiring controlling working interest and assets in the Minerva-Rockdale Oil Field. A major potential win for Principal, this acquisition brings an immediate revenue stream realized from the current production of 200 barrels of oil per day* and huge upside potential with proven reserves of over 4.1 million barrels*, valued at approximately $116,000,000 in today’s market.* We plan to immediately begin working to increase daily production to 500 barrels within the first six months of executing our definitive agreement. The Minerva-Rockdale Oil Field is huge – 11,000 gross acres – and in our view, ripe for expansion with mineral rights into two deeper areas with additional oil and natural gas reserves. For further information regarding this project, read our recent press release, here: https://pswwenergy.com/2023/03/15/principal-solar-to-acquire-minerva-rockdale-leases-wells-and-assets/

On the other side of the energy spectrum, our ELT joint venture is bringing opportunities for eTruck Transportation (“eTruck”) in the logistics market. Principal is working closely with eTruck to deliver production-ready Class 6 heavy EV trucks for customer evaluation. Class 6 vehicles are mainstays in fleets, used primarily for city, urban, and local ranged deliveries. eTruck, one of Principal’s Portfolio Investments, is developing a range of Class 6 and Class 8 heavy electric vehicle conversion solutions in both hybrid and fully electric configurations. eTruck recently released a video update (viewable here: https://pswwenergy.com/etruck-update/) showcasing its new facility as well as its vehicle conversion prototypes. For additional details, visit Principal’s eTruck Portfolio Investment page, here: https://pswwenergy.com/etruck-transportation/.

On the business front, we’ve recently retained a PCOAB auditor and attorney for a possible future S-1 filing, and we’re negotiating with an existing PSWW investor for an S-1 equity line in order to provide near-term funding. We’ve also recently engaged Institutional Advisors, Inc. to provide analyst coverage of PSWW, thereby helping to ensure our current and future investors are up to speed on our progress and fully aware of our market opportunities and value potential. Be sure to visit Principal’s newsroom (https://pswwenergy.com/newsroom/) for all of our latest announcements.

With today’s strong petroleum markets and the significant and growing customer and consumer demand for cost-effective, heavy electric vehicles, I’m bullish on our prospects for 2023, as I feel we’re ideally positioned to deliver maximum stakeholder value on both fronts. I’m glad to have you as a fellow stockholder and look forward to delivering further updates in the coming months.

Onward!

Sincerely,

K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and CEO
Principal Solar, Inc.

*Approximate. As due diligence is ongoing, the final figures are subject to change without notice prior to the closing of the transaction.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW’s control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact

Michael Briola
invest@pswwenergy.com

SOURCE: Principal Solar, Inc.

Institutional Analyst, Inc. (“IA”) to Begin News, Analytical, and Editorial Coverage of PSWW via its Alternative Energy Review Newsletter

DALLAS, TX / ACCESSWIRE / March 20, 2023 / Principal Solar, Inc. (OTC PINK:PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today announced that IA’s Alternative Energy Review has been retained to initiate market-specific coverage of the Company.

“Given Principal’s positioning as an innovative, emerging player in the alternative energy space, we believe it is crucial that our current stakeholders and potential investors are fully up to speed on market trends and opportunities for Principal’s investments and technologies,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of Principal Solar. “To that end, with nearly 30 years of demonstrated excellence covering a wide range of companies in a broad array of sectors, we believe Institutional Analyst is an ideal platform to deliver timely, compelling coverage of PSWW as we as we roll out a number of new initiatives, portfolio acquisitions, and partnerships.”

PSWW Initial Coverage Report Now Available

IA’s initial coverage report, “New Player in the Electric Vehicle (EV) Market?” can be viewed at https://internetstockreview.com/new-player-in-the-electric-vehicle-ev-market/. The initial report focuses heavily on the Company’s eTruck partnership; specifically, the role its conversion technologies are positioned to play in the emerging heavy EV market as well as the overall potential of the market itself.

“After reading PSWW’s recent press release about one of its portfolio companies, eTruck, we agreed to provide ongoing coverage via Alternative Energy Stock Review, our newsletter custom tailored for investors seeking information on smaller-cap entrants into the Electric Vehicle (EV) space,” said Roland Perry, IA’s Managing Director. “Principal Solar is interesting in that it is akin to buying shares of a publicly traded venture capital firm, in that it invests in innovative start-ups and provides capital markets guidance.”

“On another note, we are also intrigued by Principal’s earlier announcement of its intent to acquire control of an 11,000-acre Oil & Gas property, and the revenue potential this transaction could bring to PSWW,” added Mr. Perry.

About Institutional Analyst, Inc.

Since 1995, IA has published a number of widely read sector-based newsletters, including its flagship letters the Internet Stock Review and the Biotech Stock Review, at https://www.internetstockreview.com.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’ hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWWs’ control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWWs’ most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact
K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

###

SOURCE: Principal Solar, Inc.

LOI Executed to acquire Controlling Working Interest. 2022 Engineer’s Reserve Report* Sets Approximate Value of Proven Oil Reserves at $116,000,000

DALLAS, TEXAS, –News Direct– Principal Solar, Inc.

McapMediaWire — Principal Solar, Inc. (OTC: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an

investor in and operator of undervalued petroleum-producing properties, today announced that it has executed a Letter of Intent (the “LOI”) to purchase a controlling working interest in the leases and oil & gas wells along with all of the assets associated with the Minerva-Rockdale Oil Field (located in Milam County, Texas) from Winchester Oil & Gas LLC (“Winchester”) of San Antonio, Texas.

“Principal’s controlling working interest acquisition represents a tremendous potential opportunity for our two companies,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of PSWW. “We anticipate that Winchester’s leases, equipment, and operational expertise combined with our know-how, relationships, and deep capital markets experience stand to transform the storied Minerva-Rockdale Oil Field into a reliable source of increasingly profitable production and revenue.”

The leases included in the LOI cover approximately 11,000 gross acres and 936 total production and disposal wells. Purchased assets include 657 pump jacks, 48 tank batteries, and 2.3 miles of pipeline.

Production and Potential Upside

Principal’s due diligence to date indicates that current production stands at approximately 200 barrels per day, and of the 936 total wells included in the LOI, 74 are currently producing from the shallow (1,000-1,500 foot deep) Navarro A & B formations. The remaining balance are shut-in, non-producing wells that will require the development, funding, and implementation of a workover program to return to production status. The Company anticipates the drilling of additional wells to be relatively inexpensive and involve relatively low risk.

“The Minerva-Rockdale working interest acquisition offers truly remarkable upside potential to Principal, its partners, and its stakeholders,” said Anthony Lerner, Principal Solar’s Chief Operating Officer. “A recent engineer’s report* indicates total proven reserves of approximately 4,102,680 barrels, valued at approximately $116,000,000 today. With a substantial capex budget expected to be in place by the closing date of the LOI, we plan to return 100-120 of the non-producing shut-in wells to full production status, which we anticipate will double or triple production in the first 9-12 months.”

The Minerva-Rockdale Oil Field (“MROF”) was discovered in 1921 and was once one of the largest oilfields in Texas. Prior to 1950, MROF produced 4,000,000 barrels of oil; total production from August 2014 to today stands at 481,000 barrels. As indicated in the engineer’s reserve report*, the MROF remains a steady producer with significant reserves of oil yet to be recovered.

Principal plans to fund the acquisition via a combination of restricted stock and the assumption of some debt, and under the terms of the LOI, the Company has the right of first refusal to purchase the energy assets accumulated from Winchester and/or its joint venture partners.

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Sources

*MKM Engineering Report; January 2022

Important Disclaimer Regarding Financial Terms

The specific financial terms contained in this press release are pending ongoing due diligence and are therefore subject to change without notice prior to the closing date of the LOI.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW’s control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and Chief Executive Officer

kt@pswwenergy.com

214.885.0032

Investor Relations Contact

Michael Briola

invest@pswwenergy.com

Contact Details

Michael Briola

invest@pswwenergy.com

Company Website

http://www.pswwenergy.com/

View source version on newsdirect.com: https://newsdirect.com/news/principal-solar-to-acquire-minerva-rockdale-leases-wells-and-assets-246693302

Video Showcases New Production Facilities; Shows Fully Electric Class 6 and Class 8 Vehicles Nearing Completion

DALLAS, TEXAS –News Direct– Principal Solar, Inc.

McapMediaWire — Principal Solar, Inc. (OTC: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today announced the availability of a video walkthrough of eTruck Transportation’s (“eTruck’s”) Omaha production facilities. Featuring eTruck’s Andrew Knudsen, the video also provides an up-close view of its nearly completed, fully electric Class 6 and Class 8 prototype vehicles.

“eTruck continues to make significant progress and is now close to entering production of fully electric and hybrid Class 6 vehicle conversions,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of PSWW. “After overcoming unavoidable delays due to tumultuous capital market conditions, we believe eTruck will soon be able to begin fulfilling its substantial backlog of customer orders.”

The video presentation is available on Principal Solar’s website, here: https://pswwenergy.com/etruck-update/

About Principal Solar

Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’ hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWWs’ control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWWs’ most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and Chief Executive Officer

kt@pswwenergy.com

214.885.0032

Investor Relations Contact

Michael Briola

invest@pswwenergy.com

Contact Details

Principal Solar

Michael Briola

invest@pswwenergy.com

Company Website

http://www.pswwenergy.com/

View source version on newsdirect.com: https://newsdirect.com/news/etruck-transportation-video-walkthrough-now-available-487301015

AUSTIN, TX / ACCESSWIRE / February 28, 2023 / SmallCapVoice.com Inc. (“SCV”) today announced the availability of a new interview with K. Bryce “Rick” Toussaint, CEO and Chairman of Principal Solar Inc. (OTC PINK:PSWW) (“Principal” or “the Company”), to highlight the Company’s business developments and investment considerations.

Principal invests in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors, as well as acquires and operates undervalued petroleum-producing properties. With approximately $4 million* in assets on its balance sheet as of its Q3 2022 filings, the Company believes it is well-positioned to make strategic moves that could increase its market valuation and revenue potential.

“Our existing assets alone are approximately valued at more than our current market cap*, and looking at our market position today, we believe the Company is considerably undervalued,” Toussaint explains to SCV’s Stuart Smith. “At this stage of Principal’s development, our primary focus is on identifying and capitalizing on revenue-producing projects and investments.”

One such example is the Company’s recently formed joint venture with Executive Logistics & Transportation (“ELT”), a transporter of heavy freight nationwide. Principal has also taken steps to become a fully reporting company.

Learn more about the joint venture and Principal’s plan of action by listening to the full interview at https://www.smallcapvoice.com/2023-interview-principal-solar-psww/.

*Unaudited

About Principal Solar
Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.PSWWEnergy.com.

About SmallCapVoice.com

SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.

Socialize with SmallCapVoice and their clients at:

Facebook: https://www.facebook.com/SmallCapVoice/

Twitter: https://twitter.com/smallcapvoice

Instagram: https://www.instagram.com/smallcapvoice/

Forward-Looking Statements

This news release contains forward-looking statements that reflect Management’s current views about future events and financial performance. Forward-looking statements often contain words such as “expects,” “anticipates,” “intends,” or “believes.” Our forward-looking statements are subject to a number of risks and uncertainties that may cause actual results and events to differ materially from those projected in the forward-looking statements. Risks and uncertainties that could adversely affect us include, without limitation, the loss of major customers, our failure to obtain new contracts, our inability to patent products or processes, our infringement of patents held by others, our inability to finance our business and the other risks and uncertainties that are discussed in our most recent filings with the Securities and Exchange Commission. The forward-looking statements in this news release are made only as of the date of this news release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.

Principal Solar Contact:
K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
KT@PSWWEnergy.com
214.885.0032

Investor Relations Contact:
Michael Briola
Invest@PSWWEnergy.com

SmallCapVoice.com Contact:

Stuart T. Smith
512.267.2430
Info@SmallCapVoice.com

SOURCE: SmallCapVoice.com

Joint Venture Seeks to Expand ELT’s Current Reach into New Markets; Expand ELT’s Existing Vehicle Fleet, Convert Fleet Vehicles Using Principal Partner’s EV/Hybrid Technologies, and Generate Near-Term Revenue

DALLAS, TEXAS, Dec. 15, 2022 (GLOBE NEWSWIRE) — Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next- generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today announced that it has entered into a Joint Venture Agreement (the “Agreement”) with Executive Logistics & Transportation (“ELT”) for the purpose of expanding ELT’s existing logistics operations into new markets beyond its current activities in Tennessee and the Southeastern United States. Per the agreement, ELT will make an investment into Principal via a strategic restricted stock purchase, the proceeds from which are expected in part to fund the expansion of ELT’s existing fleet as well as the hybrid conversion of a portion of ELT’s fleet vehicles.

“I believe this joint venture with ELT represents an exciting opportunity that leverages virtually all of Principal’s core strengths and stands to build positive forward momentum for both ELT and Principal,” said K. Bryce ‘Rick’ Toussaint, CEO and Chairman of Principal Solar. “Our primary goals for this Agreement are to generate near term revenue, expand ELT’s fleet and operations to take advantage of new market opportunities, and to gain ready access to a fleet of Class 8 trucks with the potential for future EV/Hybrid conversion with systems supplied by E Truck Transportation, one of Principal’s strategic investments. Along with our current minority investment in Double H Services LLC, we expect our venture with ELT to further expand our footprint into another region in the United States.”

Per the Agreement, Principal and ELT plan to launch business development initiatives intended to procure new logistics customers and contracts as well as to expand logistics services into new market sectors, with significant focus on the petroleum and concrete and aggregates industries. ELT currently operates a fleet of approximately 30 Class 8 trucks and trailers, and the new joint venture is expected to facilitate an increase in fleet vehicle count as well as enable future EV and hybrid vehicle conversions.

Financial terms of the Agreement are expected to be disclosed at later date; however, due to its belief in the potential success of the new joint venture, ELT has already provided an initial tranche of working capital to Principal.

About Executive Logistics & Transportation
Executive Logistics & Transportation, LLC (Executive L&T), was established in 2020 with the overarching goal of leaving a long-lasting, positive imprint on the nation’s transportation industry. In doing so, one of ELT’s major responsibilities – and one of its core strengths – is safely transporting heavy freight nationwide to help sustain our country’s supply chain. ELT creates jobs and provides opportunities within the communities in which it operates as well as motivates and empowers those who need a second chance by welcoming those persons with prior justice system involvement. ELT believes in doing its part to help break the vicious cycle that has plagued countless families and communities across this nation and has stepped up with real opportunities, thereby making real differences in people’s lives.

For more information about ELT, please visit its website at https://eltransport.com/

About Principal Solar
Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 
The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’ hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWWs’ control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWWs’ most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact
K. Bryce “Rick” Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Seven of Eight Wells Meet Accepted Criteria for Stripper Well Status; Project Goal is to Recomplete All Eight Wells in Caldwell County, Texas, Potential Expansion in Central Texas

DALLAS, TEXAS, July 12, 2022 (GLOBE NEWSWIRE) — Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today provided an operational update regarding its recent partnership with Houston-based Aramis, LLC (“Aramis”). The two companies entered into a partnership agreement in June of 2022 for the purpose of reworking eight (8) wells in Caldwell County, Texas.

“As of July 12, 2022, seven of the eight wells we’re reworking with Aramis have been brought up to stripper production status*,” said Anthony Lerner, Director and Chief Operating Officer of Principal Solar. “We anticipate all eight wells will be returned to production, at which point we intend to work with Aramis to identify additional wells with production potential in the Luling and Central Texas areas.”

A variety of factors contribute to overall well production performance, including initial well pressures, equipment testing and operational status, and the tested quality/acceptability of the oil produced. Additional details, including normalized production rates and the wells’ anticipated financial performance, are expected to be made available once the initial evaluation periods are complete.

About Aramis, LLC

Aramis LLC is a private oil and gas production company with its sole focus on developing conventional onshore oil and gas production in Texas. Aramis has a complete technical and operations team based in Houston and is constantly reviewing conventional low-risk oil development projects to increase its reserves and grow production.

Mr. Omar Minhaj, the managing member of Aramis, is a highly skilled and motivated entrepreneur focused on building startup ventures in the Oil and Gas sector, having raised multiple millions in equity and debt capital for oil and gas projects. He offers deep experience in domestic and international land leasing and contract negotiations.

About Principal Solar

Principal Solar is a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an operator of undervalued petroleum-producing properties.

For further information, please visit the Company’s website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 

The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW’s control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

*For tax purposes, a stripper well is defined as any oil or natural gas well property whose maximum daily average oil production does not exceed 15 BBLS of oil, or any natural gas well whose maximum daily average gas production does not exceed 90 MCF per day, during any 12-month consecutive time period.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and Chief Executive Officer

kt@pswwenergy.com

214.885.0032

Investor Relations Contact

Michael Briola

invest@pswwenergy.com