Earnings Call Excerpt
DayStar Technologies Inc. (DSTI)
F3Q09 Earnings Call
November 13, 2008 at 5:00 pm ET
Executives
Alexis Pascal - Investor Relations
Stephen DeLuca - Chief Executive Officer and Director
William Steckel - Chief Financial Officer
Patrick Forkin - Vice President of Corporate Development
Analysts
Dale R. Pfau - Cantor Fitzgerald
Colin Rusch - American Technology Research
Adam Krop - Ardour Capital Investments
Presentation
Operator
Good afternoon and welcome to the DayStar third quarter financial results conference call. At this time, all participants are in a listen only mode. (Operator Instructions). Today’s conference is being recorded. If you have any objections, you may disconnect at this time.
I will now turn the call over to Alexis Pascal, who will introduce today’s speakers.
Alexis Pascal
Thank you and welcome everyone to the DayStar Q3 financial results conference call. The speakers today will be Dr. Stephen DeLuca, the Company’s Chief Executive Officer, and Bill Steckel, the Company’s Chief Financial Officer.
Before we begin I would like to remind you that some of the comments we will make on this call are forward-looking including without limitations statements regarding expectations of further technological development, timing and technological technical and financial ability to scale to production capacity and complete the build-out of the production facilities and timing and ability to secure additional financing. Given the current market turmoil, we cannot provide assurance that such financing will be available on terms favorable to the Company whereof. If we fail today’s adequate funds on terms acceptable to us, we will be required to delay or terminate certain of our scale and commercialization activities and otherwise scale back our operations. These statements are only predictions based on assumptions that are believed to be reasonable at the time they are made and are subject to significant risks and uncertainties. You should not rely on any forward-looking statements as representing our views in the future and we undertake no obligation to publicly update or revise these statements. Our actual results may differ materially and adversely from any projections and forward-looking statements discussed on this call. Our annual report on Form 10K-SB and other forms on file with the SEC identify important risk factors and uncertainties that you should consider and that may affect whether our forward-looking statements prove to be correct.
I will now turn the call over to Dr. Stephen DeLuca. Steve?
Stephen DeLuca
Thanks Alexis and thanks to all of you for joining us today. I am here today with Bill Steckel, our Chief Financial Officer and Patrick Forkin, our Vice President of Corporate Development. Bill will be presenting the financial results, but let me start with a few comments on our operational progress.
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