Beacon Equity Research Awards XsunX, Inc. (XSNX.OB) a $1.50 Price Target
XsunX, Inc. was founded about four years ago to develop and commercialize advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes. Throughout the past year, the Company has changed its focus from licensing its technologies to utilizing its technologies to design a leading-edge manufacturing system for producing and marketing thin-film amorphous solar modules. The Company has already begun working on a US-based multi-megawatt solar module production facility. XsunX has commissioned a baseline production system which is anticipated to come on-line in early 2008 and will serve as the blueprint for a 25 megawatt (MW) production system projected to become…