Energy Focus Inc (EFOI)

[Watson9]

It is great that EFOI has had a long term relationship with the Navy; that is why I first invested in the stock. However the commercial version of Intellitube took a long time to develop and after seeing it in person and talking to their salesman it was obvious that it is not a true replacement for a fluorescent tube. That it only emits light out of one side instead of 360° around the tube is only one of it's many failings.

Energy Focus does not sell its products through Lighting Distributors - they claim this is meant to pass on savings to customers - but the result is that they never get the big contracts because the commercial lighting industry is controlled by the Lighting Reps. A very bad business decision by EFOI.

The board of directors is bloated with execs who get paid a lot and produce nothing.

The company frequently puts out press releases about joining coalitions and being on advisory panels to give the illusion they are successful and to try to create a bump in the stock price.

Energy Focus cares more about trying to manipulate their stock price than they do about making quality lighting products.

If you are making $$ on these wild swings - good for you. But I would not consider EFOI a good long term investment.