admin

BINDING LOI SIGNED THIS WEEK

DALLAS, TEXAS, June 23, 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 PSWW has entered into a Partnership Agreement (“The Agreement”) with Aramis, LLC (“Aramis”) to rework 8 oil wells in Caldwell County, TX.  Caldwell County, 120 miles inland from the Gulf of Mexico in south central Texas, is bordered by Bastrop, Fayette, Gonzales, Guadalupe, Hays, and Travis counties. Lockhart, the county seat, is at the intersection of U.S. Highway 183 and Farm Road 20, thirty miles south of Austin and seventy miles northeast of San Antonio.

“We are excited to enter into this partnership with Aramis LLC. The south-central Texas area is rich with proven undeveloped and underdeveloped oil and gas resources. There are thousands of wells in south central Texas that have exploitable oil and gas. This partnership joins us with an experienced operator and workover specialist, expands our footprint and gives us room to grow,” said Tony Lerner, COO of Principal Solar.

Per the Agreement, Principal Solar will reimburse certain lease costs and fund agreed upon well workover expenses to initiate the project. Per the Agreement, PSWW and Aramis will initially have an equal 50% / 50% equity share in the oil leases.  Funding is anticipated to commence prior to June 30, 2022.

About Aramis, LLC

Aramis is an experienced oil operator and seasoned workover specialist located in Caldwell County, TX; focused primarily on shallow well operations and rework projects in the state of Texas.

Mr. Omar Minaj is the managing member of Aramis. Mr. Minaj is a highly skilled and motivated Entrepreneur focused on building startup ventures in the Oil and Gas sector. He has raised multiple millions in Equity and Debt for Oil and Gas projects. He has well rounded experience in land leasing and contract negotiations both Domestic and Internationally.

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.

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

Phoenix, Arizona–(Newsfile Corp. – June 21, 2022) – The Stock Day Podcast welcomed Principal Solar (OTC Pink: PSWW) (“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 operator of undervalued petroleum-producing properties. CEO of the Company, Rick Toussaint, joined Stock Day host Sever Copley.

Copley began the interview by commenting on the Company’s recent announcement detailing their decision to structure their E-3 Petroleum subsidiary (“E-3”) into a separate entity, and asked about the underlying value behind this move. “We feel it is warranted and necessary to have a dedicated management team with a focus in this area, which could create additional value for our shareholders and be responsive to the market needs,” shared Toussaint.

“Part of our rationale is that our Principal Solar shareholders would have equity interest in a brand-new corporation that we would like to initially list on the OTC,” continued Toussaint. “With dedicated, focused management in both sectors, we feel this could provide an enhanced return.”

“Who will lead E-3 Petroleum?” asked Copley. “Currently, if you look at our management team and Board of Directors, Mr. Anthony Learner has an extensive background in oil and gas, oil and gas trading, as well as a degree in Physics and Geology from Dartmouth,” shared Toussaint. “We believe Anthony would be a great management piece to lead the spin-off enterprise,” he said. “We want to bolster that new management team with additional professionals who have extensive oil and gas experience.”

“How will the spin-off leverage the market opportunities of each company?” asked Copley. “We need an entity or an enterprise that can be flexible to the dynamic changes of the oil and gas sector,” said Toussaint, before elaborating on commodity pricing research, which reflects current prices may remain or continue to rise. “I think it is in the best interest of shareholders to have a team that can focus and be responsive to those changes and opportunities.”

“What is your general outlook on the market and how do you think it will affect Principal Solar’s holdings?” asked Copley. “Once the enterprise is spun-off, we believe, with some of our connections in Texas and Oklahoma, we will be able to expand our asset holdings in the oil and gas space,” shared Toussaint. “What our shareholders could potentially look forward to is a company with firm assets on the balance sheet that are generating revenue.”

“Where that possibly helps Principal Solar is that it will allow us to focus on some of the supply chain related issues that are affecting the renewable energy space, and allows us to react and take advantage of the opportunities we believe we see,” continued Toussaint. “It’s about being able to be nimble and flexible and take advantage of opportunities.”

To close the interview, Toussaint elaborated on the Company’s strategy to create value for its shareholders as they continue to respond to market challenges and focus on building returns for their long-term investors.

To hear Rick Toussaint’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8106207-principal-solar-discusses-upcoming-e-3-petroleum-spin-off-with-the-stock-day-podcast.

Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/.

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, such as the ability to obtain sufficient financing for the spin-off of E-3, 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

About The “Stock Day” Podcast

Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.

SOURCE:

Stock Day Media

(602) 821-1102

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128447

Update Includes Details Regarding E-3 Petroleum Spinoff; Commentary on Current State of the Oil and Gas Markets

DALLAS, TEXAS, June 16, 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 acquirer and operator of undervalued petroleum-producing properties, today released an update to its shareholders from K. Bryce “Rick” Toussaint, CPA, MBA, the Company’s Chairman and CEO.

Fellow Shareholders,

Oil and natural gas prices remain near their highest levels in 14 years. According to sources such as The Goldman Sachs Group, Standard & Poor’s, and the Energy Information Administration, the market outlook is expected to remain strong through 2023 and beyond.

Consequently, we believe now is the perfect time to spin off our oil and gas operations into a new, stand-alone, publicly-traded company hyper-focused on the execution of our high-growth strategic plan to employ cutting-edge, green, and low-impact technology to extract more oil and gas from abandoned and orphaned fields. To that end, Principal’s board of directors has approved a plan to begin structuring the Company’s E-3 Petroleum subsidiary (“E-3”) into a separate entity, which will consist of Principal’s oil and gas investments in Texas and Oklahoma as well as its licensed environmentally friendly extraction technologies. The new company will be led by Principal’s current COO, Anthony Lerner, who will be supported by a dedicated team of managers and advisors with deep experience in oil and gas.

Information regarding Principal’s E-3 Petroleum subsidiary may be viewed here: https://pswwenergy.com/e-3/

We believe there are myriad benefits to be realized through this activity. Both companies will be free to focus on their respective core businesses; Principal will be better able to quickly react to changes in the renewable energy sector, and E-3 will be better able to capitalize on increases in oil and gas commodity prices. As separate entities, there may be the potential to offset dilution from past convertible notes that could have negatively impacted PSWW’s share performance. And last, but certainly not least, we hope to reward Principal’s loyal shareholders for staying the course with us as we navigate today’s challenging public markets.

Though specifics have yet to be determined, at least initially, we expect that E-3 will be 100% owned by Principal’s shareholders, and our plan is to fund the new company through an S-1 registration statement. PSWW’s recent qualification of its second Reg A+ offering stands to accelerate both companies’ expansion plans over the next twelve months.

I feel strongly that burgeoning energy prices fueling a focused, independent E-3 Petroleum offers the greatest potential to deliver superior returns to our shareholders.

Additionally, I am scheduled to be interviewed this week by Mr. Everett Jolly, the founder and CEO of Stock Day Media.  During this interview, I will be discussing the E-3 spin-off in further detail, as well as each company’s current market opportunities.  The interview will be aired next week.

Onward!

Sincerely,

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and CEO

Principal Solar, Inc.

Please note that this transaction is subject to customary conditions including but not limited to the ability to obtain financing to spin off E-3 on beneficial terms, final approval by Principal Solar’s board of directors, the filing and effectiveness of a registration statement with the Securities and Exchange Commission, the receipt of a tax ruling from the IRS, and the approval of applicable regulatory authorities. Additional details are expected to be announced when finalized.

About Stock Day Media

Stock Day Media’s mission is to provide transparency to publicly traded companies and inform the investors directly. Stock Day gears its services to those Micro-Cap and Nano companies that trade on OTC, NYSE, NASDAQ, and TSX Markets.

Founder and CEO Everett Jolly has over 25 years of experience in the financial sector. With this background comes a wealth of knowledge and desire to teach investors about the Micro-Cap market. Mr. Jolly is recognized for showing his dedication and leadership, having been inducted into “Worldwide Who’s Who” for excellence in marketing. For further information, please visit the Company’s website at www.stockdaymedia.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’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, such as the ability to obtain sufficient financing for the spin-off of E-3, 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

Planned Spin-off of E-3 Petroleum Subsidiary Expected to Enable Principal to Focus on Its Logistics and Electric Vehicles Activities

DALLAS, TEXAS, June 09, 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 undervalued petroleum-producing properties, today announced that its board of directors has approved a plan to spin-off its E-3 Petroleum subsidiary (“E-3”) into a separate public company focused on operating the Company’s oil and gas leases.

“In a move consistent with our strategic focus on logistics and EV technologies, Principal intends to spin-off our oil and gas activities into a new, separate company,” said K. Bryce “Rick” Toussaint, CPA, MBA, Principal’s Chairman and CEO. “We feel that this transaction will increase stakeholder value while enabling each organization to exclusively focus on its core capabilities.”

The new company will be led by Principal’s current COO, Anthony Lerner, who will be supported by a dedicated team of managers and advisors with deep experience in oil and gas.

“With its unique, eco-friendly approach to refurbishing and operating orphaned wells driven by burgeoning market demand for petroleum products, E-3 has the potential to deliver significant value while mitigating environmental damage,” said Mr. Lerner. “It’s a great story and a potentially lucrative business model we believe will thrive as a stand-alone company.”

The transaction is subject to customary conditions including but not limited to final approval by Principal Solar’s board of directors, the filing and effectiveness of a registration statement with the Securities and Exchange Commission, the receipt of a tax ruling from the IRS, and the approval of applicable regulatory authorities. Additional details are expected to be announced when finalized.

Information regarding Principal’s E-3 Petroleum subsidiary may be viewed here: https://pswwenergy.com/e-3/

Mr. Lerner’s professional background is viewable here: https://pswwenergy.com/management-team/

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 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

Cooperative Research and Development Agreement to Explore the Potential of Triad Pro’s eCell Technologies in Heavy Electric Vehicle Power Storage Solutions

DALLAS, TX / ACCESSWIRE / May 9, 2022 / 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 undervalued petroleum-producing properties, today announced that it has executed a definitive research and development agreement (“the Agreement”) with Triad Pro Innovators, Inc. (TPII) (“Triad Pro” or “Triad”). The Agreement establishes a relationship for cooperative research and development between Principal and Triad Pro for the purpose of creating new power storage solutions for the Electric Vehicle (EV) industry.

“We believe Triad’s eCell technology offers tremendous potential as a power storage solution for heavy electric vehicles,” said K. Bryce “Rick” Toussaint, CPA, MBA, Principal’s Chairman and CEO. “Principal’s agreement with Triad is another example of our commitment to identifying and investing in near-term, real-world electric vehicle solutions that meet today’s growing market demand.”

Potential applications for solutions created under the agreement include use in Principal’s client and portfolio company products, specifically its fleet-focused heavy electric vehicle conversions and hybrid-electric powertrains, which require unique capabilities supporting continuous operation with long charging cycles – capabilities underserved by existing battery technologies.

“Our relationship with Principal Solar is a real win-win for all parties,” said Murray Goldenberg, Chief Executive Officer of Triad Pro. “By gaining access to our eCell technology, Principal stands to position its portfolio companies as leaders in their respective fields thanks to the numerous benefits our solid-state eCell offers over traditional chemical-based batteries. For us, we stand to gain exposure to new opportunities and clients as we work with Principal to deliver our next-generation EV energy storage solution.”

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 acquirer and operator of undervalued petroleum-producing properties.

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

About Triad Pro Innovators, Inc.

Triad Pro Innovators, Inc. has developed a proprietary device to be utilized in a variety of circumstances to store electricity. The newly developed Triad Pro power supply provides our storage system with tremendous operational flexibility. Using our proprietary hardware and software solution, our eCell can be configured to store energy at a rate limited only by the network providing it, and then release that energy in a regulated way based upon the application, which allows for flexibility unknown in current chemical battery-based storage systems. Triad Pro creates and designs renewable energy solutions including Co-Generation and the patent pending eCells that can be used stand alone or modular as energy demands increase.

For further information, please visit Triad Pro’s website at https://triadproinc.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.

Principal Solar Contact

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and Chief Executive Officer

kt@pswwenergy.com

214.885.0032

Triad Pro Innovators Investor Relations Contact

info@triadpro.com

714.790.3662

Investor Relations Contact

Michael Briola

invest@pswwenergy.com

SOURCE: Triad Pro Innovators, Inc.

Topics Include Upcoming Special Board Strategy Meeting, Finalization of Double-H Services Acquisition, Exploration of New Initiatives, More

DALLAS, TEXAS, March 17, 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 undervalued petroleum-producing properties, today released a shareholder update from K. Bryce “Rick” Toussaint, CPA, MBA, the Company’s Chairman and CEO.

Fellow Shareholders,

Thank you for the opportunity to share this update regarding Principal’s recent and upcoming activities. So far, 2022 has been a busy year for the Company, with more activities ahead.

I have scheduled a special meeting of the board for a planning session at the end of this month in which we plan to discuss a range of topics and strategic initiatives. The meeting will be held in Enid, Oklahoma, where PSWW’s board will be attending along with members of Double-H Services’ management team.

With the recent finalization of the terms of Principal’s acquisition of Double-H Services (“Double-H”), we have a number of related items on our meeting agenda. I plan for us to discuss the contractual terms of potentially adding two key Double-H executives to Principal’s management team and at least one Double-H equity owner to our board of directors. These individuals have the potential to bring significant trucking and logistics expertise to the Company.

During the meeting, we also plan to explore additional avenues to finance future transactions via debt and other structures, including legal joint ventures. As stakeholders, Principal’s management is keenly interested in prioritizing potentially non-dilutive financings.

In recent news, Principal’s board also met to to discuss initiates for its oil and gas subsidiary, E-3 Petroleum, Inc. (“E-3”). The board feels that in an extended period of high oil and gas prices, 2022 and 2023 may offer significant opportunities for E-3. To that end, Principal has engaged Petry Rosie & Sinex, P.L.L.C , a Houston-based law firm with significant energy sector provenance to assist the Company in executing its strategic initiatives.

I’m proud of the work the board is doing at Principal Solar. We remain committed to driving growth and delivering value for our customers, partners, and stakeholders, and I look forward sharing our progress as we continue to execute our strategic initiatives.

Onward!

Sincerely,

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and CEO

Principal Solar, Inc.

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 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

Investor Relations Contact

Michael Briola

invest@pswwenergy.com

Gross Proceeds of US$8.65 Million* Raised

DALLAS, TEXAS, Feb. 24, 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 undervalued petroleum-producing properties, today announced the successful, final closing of its Regulation A Plus equity offering (SEC File No. 025-11253) (the “Offering”). The Offering, which commenced on November 25, 2020, and concluded on February 16, 2022, raised gross proceeds of US$8.65 million* through the sale of 96.6 million shares* of the Company’s common stock at US$0.0895 per share.

“We view the success of our Regulation A Plus Offering as further validation of Principal’s business model and proof positive that investors see real upside potential in funding practical, near-term solutions to today’s transitional energy challenges,” said K. Bryce “Rick” Toussaint, CPA, MBA, Principal’s Chairman and CEO. “On a personal note, I’d like to extend a warm welcome to the new Principal stakeholders that participated in the Offering. We have big plans for the Company’s future, and I’m glad you’ve taken the opportunity to join us.”

The proceeds of the Offering have been used to pay down outstanding debt and expensive convertible notes as well as to invest in or acquire oil and gas leases, oil and gas extraction technologies, operating companies with existing revenues, and electric vehicle technologies.

*Numbers shown are approximate. Complete details are included in the Form 1-Z Exit Report filed with the Securities and Exchange Commission, which may be viewed here: https://www.sec.gov/Archives/edgar/data/0001587476/000168316822001059/xsl1-Z_X01/primary_doc.xml

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 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

Phoenix, Arizona–(Newsfile Corp. – January 24, 2022) – The Stock Day Podcast welcomed Principal Solar (OTC Pink: PSWW) (“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 of undervalued petroleum-producing properties. CEO of the Company, Rick Toussaint, joined Stock Day host Everett Jolly.

“What is Principal Solar’s strategic focus going forward in the first two to three quarters of 2022?”, asked Jolly to start the interview. “We’re looking at focusing our efforts around electric vehicles and opportunities in the natural gas and power space,” shared Toussaint.

“How does your approach benefit the environment, as well as your shareholders?”, asked Jolly. “We envision E-3 Petroleum to be something different,” said Toussaint. “There’s a technology there that can lift petroleum in a very environmentally friendly manner,” he added. “The unique nature of that technology may be very beneficial to shareholders with principal.”

“The demand for power in areas like funneling natural gas into crypto mining or producing electricity for the grid of local or state municipalities may also be beneficial for our shareholders,” continued Toussaint, before discussing possible exit strategies.

“How many subsidiaries do you have right now?”, asked Jolly. “We have three subsidiaries with four to five partner relationships,” shared Toussaint. “We recently agreed upon terms with the management team to complete the purchase for controlling interest in Double-H,” he explained. “Double-H currently has revenue,” added Toussaint. “We’re excited for the vertical integration opportunity that we have once we are able to complete the acquisition.”

Jolly then asked about the Company’s subsidiary, NexTeal, as well as its partnership with IPLTech. “IPLT is not just hype; they are actively servicing clients in India with their technology,” said Toussaint. “We feel we have developed a relationship and we are acquiring a technology that is very real,” he added, before elaborating on the Company’s EV projects and solutions. “We’re very excited and comfortable that we can service the demand at the right time.”

“What is the plan going forward for liquidity or an exit strategy, if you will?”, asked Jolly. “We believe we have at least one subsidiary that would lend itself to a possible spinoff transaction,” said Toussaint. “We think we will have the opportunity to pursue a spinoff and that it would be beneficial for our shareholders, as they would have stock in the new entity,” he shared. “We are also looking at joint venture agreements.”

“What is the status of the company uplisting to the OTCQB?”, asked Jolly. Toussaint shared that the Company expects its 2019 and 2020 audits to be completed during the first quarter of 2022, and will then begin their 2021 audit immediately. He then shared that the Company expects to be fully reporting by the third or fourth quarter of 2022, allowing them to apply for an uplisting on the OTCQB.

To close the interview, Toussaint encouraged listeners and shareholders to consider the potential of the Company as they continue to grow and expand on their technologies. “I believe in 2022 we will begin to enter into some relationships that will pay dividends or have returns in the very near future, and have benefits to our shareholders in the long term,” said Toussaint. “We are unique, we are a very flexible company, and we plan around for a long time.”

To hear Rick Toussaint’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8018004-principal-solar-discusses-2022-goals-and-potential-uplisting-with-the-stock-day-podcast

Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/.

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 investor in 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

About The “Stock Day” Podcast

Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.

SOURCE:

Stock Day Media

(602) 821-1102

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111323

Interview Scheduled for 10am EST on Thursday, January 20, 2022; Anticipated Discussion Points Include Double-H Services, Heavy Electric Vehicles, Company and Market Outlook for 2022

DALLAS, TEXAS, Jan. 20, 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 its Chairman and CEO, K. Bryce “Rick” Toussaint, CPA, MBA, will be interviewed by Stock Day Media’s Founder and CEO Everett Jolly. The interview is planned for Thursday, January 20, 2022, at 10am EST and will be available for listening on Monday, January 24, 2022, via Stock Day Media’s website (www.stockdaymedia.com).

“As outlined in my recent Letter to Shareholders, Principal is already having a busy 2022,” said K. Bryce “Rick” Toussaint, CPA, MBA, Principal’s Chairman and CEO. “I’m looking forward to a detailed discussion of Principal’s various activities during tomorrow’s interview, and I invite you to listen when it becomes available.”

About Stock Day Media

Stock Day Media’s mission is to provide transparency to publicly traded companies and inform the investors directly. Stock Day gears its services to those Micro-Cap and Nano companies that trade on OTC, NYSE, NASDAQ, and TSX Markets.

Founder and CEO Everett Jolly has over 25 years of experience in the financial sector. With this background comes a wealth of knowledge and desire to teach investors about the Micro-Cap market. Everett is recognized for showing his dedication and leadership, having been inducted into “Worldwide Who’s Who” for excellence in marketing.

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

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 investor in 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

Letter Provides Updates on the Company’s Acquisitions, Investments, Strategic Plans, and Future Activities in Heavy Electric Vehicles, Environmentally Friendly Oil and Gas Operations, Others

DALLAS, TEXAS, Jan. 11, 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 acquirer and operator of undervalued petroleum-producing properties, today released a letter to its shareholders from K. Bryce “Rick” Toussaint, CPA, MBA, the Company’s Chairman and CEO.

Fellow Shareholders,

Thank you for being a stakeholder in Principal Solar. I am proud to report that in the time since my last letter, Principal’s management has been diligently executing our new strategic approach with great success. We have emerged from the challenges and uncertainty of the pandemic with a singular focus, having developed new partnerships, made strategic investments in technologies, resources, companies, and relationships, commenced operations, and most importantly, having cultivated a slate of potentially profitable new opportunities in a broad array of relevant sectors. I sincerely believe 2022 will be a breakout year for the Company, and I appreciate your ongoing support as we pursue a multi-faceted, multi-revenue stream approach with the goal of producing accretive value for all stakeholders.

During the first half of 2021, we transformed and elevated our business model and the scope of the Company’s trajectory, solidifying Principal Solar as an emerging leader in the renewable energy sector. We now have five separate early-stage subsidiaries and/or strategic partnerships, several of which we believe can be scaled at an accelerated pace over the next 12 to 18 months. Read on for updates.

Acquisition of Double H Services

We recently announced the finalization of the terms for our acquisition of Double H Services (“Double H”). Upon closing, we believe the acquisition will benefit Principal as Double H possesses existing revenues, assets, and a customer base asking for environmentally friendly solutions that can meet their logistics needs, which are currently served by traditional diesel-fueled Class 8 trucks. (“Class 8” is a Department of Transportation / Federal Highway Administration designation based on a truck’s weight and utility. This type of truck is commonly referred to as an eighteen-wheeler or semi-truck.) In 2020, Double-H deployed 17 diesel-fueled Class 8 trucks into the Mid-con region to increase its share of the agricultural, flatbed, and dry-van transportation markets. These vehicles could be upgraded or replaced with hybrid or fully electric vehicles purchased by Double H from Principal’s heavy EV solutions partners, thereby potentially providing marketing advantages and cost savings to Double H as well as revenues to Principal’s other investments.

E-3 Petroleum: Environmentally Responsible Oil and Gas Endeavors

There are at least 3.2 million known abandoned oil wells in the United States, and more than half are estimated to be in Oklahoma, Texas, and Pennsylvania. We believe that our subsidiary E-3 Petroleum’s (“E-3”) strategy of acquiring, remediating, and operating abandoned wells in an environmentally responsible manner is demonstrating real potential to be a major source of scalable, high-margin income for the Company in the coming months.

Well testing during May and June revealed that our Danbury dome project in Brazoria County, Texas has the potential to produce commercial amounts of natural gas in excess of our expectations for oil production. Guided by our bullish outlook on the natural gas market and Principal’s corporate policy of environmental stewardship, we decided to temporarily shut the wells in rather than flare the gas directly into the atmosphere. Though this decision has delayed our planned production schedule, we are taking advantage of the situation as an opportunity to invest in the compression and pipeline gathering equipment needed to sell our newly discovered natural gas resource to the local pipeline.

To maximize efficiency and deliverability, we have hired a new operator and an engineering firm specializing in natural gas production. We remain positive on the Danbury Dome project’s short- and long-term prospects, particularly now that we have potentially discovered commercial quantities of natural gas, which could be an additional source of income for the Company.

Tokata Oil Recovery Systems: Low-cost, Environmentally Friendly Oil Extraction

We are saddened to share with you the news of the untimely and unexpected passing this past year of Tom Westbrook, our esteemed colleague on our TORS project. Understandably, Tom’s passing has delayed our rollout of this tertiary oil recovery technology. Our thoughts are with his family, friends, and coworkers.

In 2021, the Company licensed the territorial rights to two additional states from Tokata, and we expect to begin installing the TORS system on abandoned and orphaned wells in Oklahoma during the fiscal year 2022.

Strategic Investments in “Ready to Go” Heavy Electric Vehicle Technologies

Principal’s EV-focused Nexteal subsidiary has made two investments in heavy electric vehicle conversion technology companies. eTruck Transportation (“eTruck”) is nearing completion of two hybrid Class-6 demonstration vehicles and launched its corporate website (www.etruckus.com) in the last quarter of 2021. eTruck’s hybrid conversion systems offer the potential to significantly reduce fuel costs without the need for large charging infrastructure. A video of eTruck’s Class 8 demonstration vehicle is viewable here: https://youtu.be/tOVcmY2tdno. Principal Solar has a minority equity interest in eTruck.

Recently, the Company received both exclusive and non-exclusive rights to manufacture and distribute fully electric heavy vehicles in North American markets through a licensing agreement with InfraPrime Logistics Technologies (“IPLT”), an India-based company focused on EV technologies and infrastructure. A video introduction of IPLT’s Indian market Rhino Heavy EV is viewable here: https://youtu.be/hhY77lpNMTo. The prototype vehicle for North America is in development and is expected to be completed by the fourth quarter of 2022.

Going Forward in 2022

On a personal note, I’d like to thank you for trusting our team to be good stewards of your hard-earned investment capital and for remaining with us as we reshape and grow Principal into a thriving company with significant, long-term upside potential. The quality of our partnerships and the amazing opportunities before us are the result of hard work, transparency, and a long-term commitment to building value for all stakeholders. I also believe that our environmentally friendly approach resonates with organizations, investors, and partners seeking to make a positive impact on the world, helping to make it a better place today, tomorrow, and in the years ahead.

I look forward to the future of Principal both as a public company and a leader in responsible energy solutions. I’m glad you’re a part of our success.

Onward!

Sincerely,

K. Bryce “Rick” Toussaint, CPA, MBA

Chairman and CEO

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