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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Summary of Common Stock Issuances

The following table summarizes the Company’s issuance of common stock in 2015:

 

Purchasers

    Securities sold    Date of securities
issued		    Consideration
Forwin    5,000,000 Shares    January 16, 2015    $10,000, or $2 per Share
Central Able    2,500,000 Shares    January 30, 2015    $5,000, or $2 per Share
CECEP HK (see Note 3)    5,722,977 shares    January 30, 2015    $8,269, or $1.44 per Share
Restricted Stocks, Exercised    18,700,000 Shares1    March 2, 2015    Nil
Restricted Stocks, Exercised    500,000 Shares1    March 26, 2015    Nil
Huang Zheng    338,679 Shares2    June 4, 2015    $726, or $2.14 per Share
RE Capital Pte. Ltd.    2,849,741 Shares3    June 2, 2015    $5,500 or $1.93 per Share
Solar Juice    14,073,354 Shares4    June 11, 2015    $15,578 or $1.11 per Share
Yes Yield    9,260,000 Shares    July 1, 2015    $25,000 or $2.70 per Share
Employee options exercise    78,750 Shares    December 2015    $29 or $0.3 to $0.44 per Share
Yes Yield (see Note 21)    3,703,704 Shares    December 31, 2015    $10,000 or $2.7 per Share
Brilliant King (see Note 21)    6,000,000 Shares    December 31, 2015    $12,000 or $2 per Share
Poseidon (see Note 21)    1,500,000 Shares    December 31, 2015    $3,000 or $2 per Share
Repurchase    -10,000 Shares    December 28, 2015    -$20 or $1.98 per Share

Note:

 

  1. On March 2, 2015 and March 26, 2015, the Company issued Restricted Stock underlying 19,200,000 shares of the Company’s common stock to certain management members, which were exercised in March 2015.
  2. The Company should issue 338,679 shares of Common Stock to Lang Lang, an internationally renowned pianist, as part of the consideration to be brand spokesman for Solarbao within three years. According to Lang Lang’s instruction, the Group directly issued the shares to Huang Zheng, Lang Lang’s agent, on June 4, 2015.

 

  3. On June 2, 2015, the Company issued 2,849,741 shares of Common Stock as part of the consideration to acquire all interest in solar PV projects of 30 MW in Japan from RE Capital Pte. Ltd. as described in Note 8 — Project assets.
  4. On June 11, 2015, the Company issued 14,073,354 shares of Common Stock as part of the consideration to acquire the outstanding capital stock of Solar Juice as described in Note 3 — Business Acquisitions.