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Principal Solar and Apollo LTMS Green to Co-develop Augmented and Virtual Reality Remote Training and Communications Platform
Principal Solar and Apollo LTMS Green to Co-develop Augmented and Virtual Reality Remote Training and Communications Platform 1920 1080 Principal Solar

Letter of Intent Outlines Plans to Develop, Market, Promote, and Support Next-generation, Collaborative Virtual Tools that Deliver Immersive Training Content and Facilitate the Roll-out of “Green” Commerce Initiatives, Meeting Today’s Market Demand for Increased Speed and Efficiency While Reducing Energy Use

Dallas, Texas–(Newsfile Corp. – March 30, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that it has executed a Letter of Intent with Apollo LTMS Green (“Apollo Green” or “Apollo”). Together, the two companies plan to develop, market, promote, and support next-generation electronic tools and content intended to facilitate highly immersive, virtual distance learning platforms, thereby easily and immediately facilitating crucial knowledge transfer. The energy-efficient, “green” platform is initially expected to utilize interactive communications and remote training capabilities to support the internal integration of Principal Solar’s subsidiaries and portfolio companies. Additionally, the companies plan to develop content for the platform designed to aid in the adoption of energy-efficient commerce initiatives.

“With over 20 years of cloud-based platform development and a track record of delivering notable advances in industry-leading virtual reality (VR) and augmented reality (AR) technologies, Apollo Green brings a fresh, new, resource-saving, potential growth opportunity to Principal’s expanding portfolio of partnerships and technologies,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of PSWW. “Truly global workforces, evolving workplace trends, market demand for immediate knowledge transfer, and the ongoing pandemic have combined to create a demonstrable need for new, more efficient, and environmentally-friendly methods of timely information dissemination. We believe the agreement with Apollo represents an opportunity for Principal to continue its strategy of investing in, partnering with, and maximizing the potential of promising new technologies that have a positive, ‘green’ environmental impact. Our expectation is that our planned partnership with Apollo can meet today’s real-world demand with real-world solutions – and provide potential growth opportunities for all involved stakeholders.”

According to the terms of the agreement, Principal Solar and Apollo Green plan to jointly develop, promote, market, and support “green” technology content as well as next generation, interactive, virtual communications and training tools to distance learning markets worldwide. Due to Principal’s focus on the renewable energy, electric vehicle, and “green” hydrocarbon capture spaces, the two companies initially intend to transform the delivery of training content and the distribution of other timely information to the evolving energy industry, initially to Principal’s subsidiaries, divisions, and partnerships. This is expected to be accomplished through the development and deployment of realistic, “immersive” simulations that maximize retention, enhance safety, and support certification for training applications. Intended functions of the virtual training platforms are expected to include the introduction of new training methodologies, the enhancement and augmentation of existing skill sets, and the dissemination of new product, procedure, and service information.

Principal Solar believes its planned partnership with Apollo and the resulting communications platform the two companies expect to jointly develop will facilitate Principal’s continued approach of reducing energy use through developmental ingenuity and true marketplace innovation. Apollo Green stands by its more than two decade commitment to delivering world-class products and services that meet or exceed all business and industry standards.

Under the proposed terms of the final agreement (still in discussion as of the date of this announcement), Principal Solar is expected to provide capital and operational support for the creation of training modules developed by Apollo Green specifically for Principal Solar’s portfolio companies, partnerships, and/or subsidiaries. Additionally, the two companies plan to develop, license, and market energy efficient external communications solutions and content (the details of which are yet to be specifically determined).

About Apollo LTMS Green

Apollo LTMS Green is a comprehensive, augmented reality (AR) and virtual reality (VR) enabled immersive training platform for remote e-learning. The system is built on cloud-based communication and collaboration tools with the underlying technologies of Intellimedia Networks Inc’s Apollo HUB and Apollo ILA (Immersive Learning Application framework), which are components of the Apollo LTMS Green suite, paired with various mediums including Smart TV and mobile devices.

For further information, please visit the Apollo LTMS site at www.apolloltms.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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Principal Solar Announces Partnership Agreement with Electric Vehicle Company eTruck Transportation
Principal Solar Announces Partnership Agreement with Electric Vehicle Company eTruck Transportation 1920 1080 Principal Solar

Letter of Intent to Create New Principal Solar Partnership Subsidiary in collaboration with eTruck Transportation Expected to Provide Working Capital, Funding for R&D, Sales and Marketing of Heavy Electric Vehicle Conversions, Thereby Meeting Today’s Expanding Market Demand for Electric Fleet Vehicles

Dallas, Texas–(Newsfile Corp. – March 23, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that it has executed a Letter of Intent to create a new subsidiary in partnership with electric vehicle conversion company eTruck Transportation (“eTruck”). Through the subsidiary, Principal intends to fund and support the successful, near-term roll-out of eTruck’s heavy electric vehicle offerings by providing the working capital necessary to deliver on expected customer orders, develop future platforms and technologies, to accelerate the growth of eTruck.

“Principal’s partnership with eTruck is perfectly aligned with our goal of rapidly evolving into a full-spectrum “green” energy technologies company and capitalizes on today’s existing market demand for fully-capable, heavy electric vehicles that can replace diesel trucks without sacrificing range, functionality, or performance,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of PSWW. “The logistics and transportation sectors are seeking EV fleet vehicles that are able to travel all day without recharging, and we believe that eTruck’s conversion technologies offer the best near-term solution. We’re confident that our partnership subsidiary and resulting funding and resources will provide eTruck with the ability to receive and deliver orders for Class 6 and Class 8 fleet vehicles in a manner significantly faster than can be accomplished by traditional truck manufacturers.”

eTruck’s heavy vehicle EV conversion technology is engineered to enable transportation and logistics companies of all sizes to quickly and easily transition their existing fleets from diesel to almost fully electric vehicles without the long development timelines typically required to engineer completely new platforms. Instead of an R&D process that would typically result in a multi-year timeframe from design to delivery, eTrucks intends to begin delivering road-ready heavy electric vehicles in approximately one year.

“For a variety of reasons, logistics companies are looking for immediate ways to transition their fleets to electric vehicles, a process which could take new truck manufacturers five years or more to accomplish,” said Russell Knudsen, President of eTruck Transportation. “Through our partnership subsidiary with Principal Solar and the resulting financial and human resources expected to be devoted to all aspects of eTruck’s sales, marketing, and technology development, we are confident we can begin to address customer need within 12 months, giving us a massive competitive advantage in a growing, profitable, high demand portion of the EV market. When consummated, we are optimistic that this planned transaction will allow us to begin fulfilling orders as soon as the fourth quarter of 2021.”

The eTruck partnership is an example of Principal Solar’s new multi-faceted go-forward strategy of building accretive growth by investing in and/or acquiring innovative, next-generation technologies and businesses within the renewable energy, electric vehicle, and “green” hydrocarbon capture spaces. Principal’s approach then supports its technology developers and new business management teams with growth capital raised specifically for the subsidiary. Principal also provides the hands-on expertise, manpower, strategies, and sales and marketing resources necessary to equip these businesses and technologies with the maximum potential to thrive – and the maximum potential to deliver returns for all stakeholders.

Principal Solar is constantly seeking and evaluating new partnerships and acquisition opportunities in the clean, renewable, and traditional energy technology spaces and is currently in various stages of discussions with multiple organizations.

The terms of the transaction with eTruck Transportation are expected to be finalized and announced in April of 2021.

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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Principal Solar Fulfills Annual Purchase Commitment with Purchase of Additional TORS Equipment
Principal Solar Fulfills Annual Purchase Commitment with Purchase of Additional TORS Equipment 1920 1080 Principal Solar

Second Purchase Order with Deposits for Two TORS Devices Along with Previously Announced Initial Three Device Order Fulfills Annual Purchase Commitment to Tokata Oil Recovery

Dallas, Texas–(Newsfile Corp. – March 18, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that the Company has placed a purchase order and paid deposits for two TORS devices from Tokata Oil Recovery Systems. This purchase order and deposit are in addition to the three-device initial order and deposit announced earlier this month (March 2021).

“Principal’s order now totals five TORS machines and fulfills our annual purchasing commitment to Tokata Oil Recovery,” said K. Bryce “Rick” Toussaint, CPA, MBA, Chairman and CEO of PSWW. “Our commitment expands our R&D efforts as well as creates the conditions for what we believe to be the near-future commencement of petroleum production in Oklahoma.”

Principal Solar is currently in negotiations with landowners regarding an investment in an additional field upon which the initial TORS devices are expected to be deployed. Details regarding Principal’s investment in the new field, plans for installation and operation of the TORS devices, and commencement of oil production are expected to be released as they become available.

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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Principal Solar Commences Orphan Well Redevelopment Project
Principal Solar Commences Orphan Well Redevelopment Project 1920 1080 Principal Solar

First Project Under Long-term Oil and Gas Development Agreement with Lazy Jacks Petroleum, LLC

Dallas, Texas–(Newsfile Corp. – March 16, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that the Company has begun the first of its orphan well redevelopment projects in conjunction with Lazy Jacks Petroleum, LLC (“Lazy Jacks”). Known as the Danbury Dome in Brazoria County, Texas, the project is comprised of five oil wells, one natural gas well, and one salt water disposal well.

“This is the first project in what we expect to be a multi year relationship with Lazy Jacks,” said Anthony Lerner, COO of Principal Solar. “The Danbury Dome project has all the characteristics that we love about our relationship with Lazy Jacks, in that we are ‘recycling’ old, unwanted orphaned wells, and rather than plugging them, we are extracting additional oil and gas without drilling new wells, thereby saving expense and environmental impact.”

Principal estimates the total project cost to be approximately $450,000. The Company anticipates 2-3 weeks of site clearing and preparation, tank installation, well rehabilitation, and testing prior to bringing the production wells and salt water disposal well back online by early April of 2021. Principal Solar is optimistic that the project will begin to produce revenues for the Company in April or May of 2021.

“This project will show that our redevelopment approach is the wise choice,” said Christopher Scully, Advisory Board Member of Principal Solar. “With proven, developed resources onsite, we believe the Danbury Dome project is low cost, low risk, and environmentally friendly.”

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 Lazy Jack Petroleum

Located in Houston, Texas, Lazy Jacks’ team has over 20 years of experience working in the Texas Oil Patch and specializes in bringing orphaned wells back to economical production.

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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Principal Solar Places Initial Equipment Order with Tokata Oil Recovery Systems
Principal Solar Places Initial Equipment Order with Tokata Oil Recovery Systems 1920 1080 Principal Solar

Initial Purchase Order with Payment for Machines Intended to be Deployed on Fields Currently in Discussion; Principal Launches First Version of Corporate Website

Dallas, Texas–(Newsfile Corp. – March 11, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 investor in and acquirer and operator of undervalued petroleum-producing properties, today announced that the Company has placed its initial order for the purchase of TORS equipment from Tokata Oil Recovery Systems.

“Our initial purchase order and payment for three of Tokata’s innovative TORS machines demonstrates our commitment to Tokata as well as our belief in the company, its people, and its technology,” said K. Bryce “Rick” Toussaint, MBA, CPA, Chairman and CEO of PSSW. “Additionally, in the near future we anticipate fulfilling the balance of the financial terms of our annual licensing commitment to Tokata.”

Principal Solar is currently in discussions with private lease holders who possess oil fields in Oklahoma containing wells that may fit the profiles necessary for successful TORS deployment and petroleum recovery.

In other news, the Company today announced that it has published the first version of its corporate website, which will be updated with additional events and information as they become available. The new website is located here: www.pswwenergy.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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

Principal Solar’s New Management Announces Strategic Restructuring
Principal Solar’s New Management Announces Strategic Restructuring 1920 1080 Principal Solar

New Structure Includes the Creation of Specific Divisions to Capitalize Both on Hydrocarbon Extraction Opportunities and Renewable Energy Technology Licensing Opportunities

Dallas, Texas–(Newsfile Corp. – March 9, 2021) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), 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 of undervalued petroleum-producing properties, today announced the formalization of its recent Board approved restructuring, into two divisions under the leadership of its newly-expanded management team.

“Our new structure provides the agility and clarity of purpose needed to capitalize on two important areas of potential for Principal: the licensing of renewable energy technologies, and the acquisition of potentially high-value oil-producing properties,” said K. Bryce “Rick” Toussaint, MBA, CPA, Chairman and CEO of PSSW. “Through our Bayou Road Investments subsidiary, the Company holds a license to the Tokata Oil Recovery System (‘TORS’), an innovative and cost-effective new ‘green’ tertiary oil recovery technology. In the coming weeks, though our second Board Approved subsidiary, we also plan to announce the first of what we believe will be many acquisitions of undervalued oil and gas producing properties.”

Principal intends that its Board Approved second subsidiary (specific details TBD) will be co-managed with Lazy Jacks Petroleum, LLC (“Lazy Jacks”). Principal Solar and Lazy Jacks recently announced that the two companies had executed a Letter of Intent to acquire, redevelop, and operate orphaned, abandoned, and stripper oil and gas wells in the State of Texas.

Strategically, PSWW’s go-forward plans include several objectives:

  • Development and execution of its five-year strategy to acquire “stripper”, orphaned, marginalized, and similarly undervalued wells via its newly-approved second subsidiary

  • Commercialization and deployment of its innovative TORS oil recovery solution, initially onto its second subsidiary’s acquired and/or operated properties

  • Structuring its business and second subsidiary in such a way that could potentially facilitate opportunistic “spinning off” (via public listing, sale, or other, potentially similarly advantageous mechanism), while ensuring that Principal Solar continues its core business of investing in “green” and renewable energy technologies

  • Monetizing proven oil reservoirs in Oklahoma, Texas, and Louisiana

  • Development and deployment of an equity investment capital structure with low leverage

  • Streamlining operations to minimize expenses and company overhead

The Company also announced two additions to its executive management team: advisor Chris Scully, an independent oil producer and land man with over 42 years of hands-on oil and gas experience; and Anthony Lerner, PSWW’s Chief Operating Officer. A veteran of the petroleum industry, Mr. Lerner is a graduate of Dartmouth College with degrees in Geology and Physics.

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
346-396-4210

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

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Contact Principal Solar

Company Contact

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

Investor Relations Contact

Michael Briola
invest@pswwenergy.com

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