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Social Detention Inc. (OTC PINK:SODE) announces that its subsidiary, Danliv Inc., has successfully passed the final permit inspection for the Autumn Springs Electric Vehicle Charging Project in Livermore, CA. The project will install 10 charging stations to cater to residents and their guests, with operations set to commence as per the agreement. The company expects to generate revenue from this initiative in Q4 2022. The project was completed on time and within budget, with costs mitigated by rebates, ensuring recurrent revenue without accruing long-term debt.
Social Detention Inc. announced the completion of Civic Square LLC charging stations by its subsidiary, Danliv Inc., in Pleasanton, CA. The project features 10 Level 2 chargers available to the public 24/7, registered with the Alternative Fuels Data Center. Payment for usage can be made via smartphone. The construction was funded through incentives, eliminating long-term debt. With operations now underway, revenue is being recognized according to the service agreement. This project aligns with the previously mentioned Autumn Springs Project.
Social Detention Inc. has announced that its subsidiary, Danliv Inc., received permit approval for the Autumn Springs Electric Vehicle Charging Equipment Project in Livermore, CA. The project includes the installation of ten charging stations at an apartment complex. Danliv has signed an operation agreement with Autumn Springs RE Investors L.P. and plans to start installation in Q3 2022. The chargers will feature RFID and smartphone app integration. Upfront costs will be reduced through rebate incentives, allowing for recurring revenue without long-term debt.
Social Detention Inc. announces that its subsidiary, Danliv Inc., has secured a building permit and commenced construction on 10 Electric Vehicle Supply Equipment Chargers at the Civic Square LLC complex in Pleasanton, CA. This project, featuring 298 apartment units, is expected to have its construction costs fully offset by approved rebate incentives. Completion is anticipated in Q3 2022. CEO Robert P. Legg II states this venture will serve as a model for future projects, providing valuable insights into costs and revenue recognition.
Social Detention, (OTC PINK:SODE), through its subsidiary Danliv Inc., has signed an Electric Vehicle Site Operation Agreement with Civic Square LLC. This agreement entails the installation of ten Electric Vehicle chargers on the premises, enabling residents and guests to charge their vehicles onsite. A project design is complete, and installation is projected to commence in Q2 2022. The charging stations will feature RFID and smartphone app integration, with approved rebate incentives to offset installation costs. CEO Robert P. Legg II expressed optimism about revenue opportunities following the Infrastructure Bill's passage.
Social Detention Inc. (OTC PINK:SODE) has finalized the acquisition of Danliv Inc. for 100% of its stock, using restricted equity shares as payment. The deal, executed on March 11, 2021, is expected to close in the first quarter of 2021. Danliv holds multiple licenses to build EV, Hydrogen, and Green Projects in California, aligning with state mandates for zero-emission vehicles by 2035. This strategic acquisition positions Social Detention to address the growing infrastructure needs for clean energy projects at both state and federal levels.
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