Sanyo

Hoku Amends 2 Polysilicon Contracts

Hoku Scientific is up 10% on the news that they were able to amend 2 Polysilicon Contracts in an effort to keep customers while securing financing for a planned polysilicon plant.

Sanyo Electric Co. amended their polysilicon supply agreement to provide Hoku with six additional weeks to secure financing for its plant. The initial deadline was Dec. 31, but is now Feb. 15.

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Stock Symbol: HOKU HOKU SCIENTIFIC, Stock Price: $6.32 Todays Change: +0.77 (+13.87%)