Nexxus Lighting fka NEXS

[ClarkKant]

Is this one coming out of nowhere?

[ClarkKant]

NEXS did people forget that they have products @ Lowe's?

In @ $.94

[tommy11]

I will post here , I just bought some at .93 and am hoping it will go to at least 1.50 or 2.00 and make a few dollars. some times these small lighting stocks will take off in the winter, some times.

[koko3]

Does anyone post here?

[gabbs]

1st Quarter Revenue Increased 9% over Q4 2010 and Q1 2010
CHARLOTTE, N.C., May 13, 2011 /PRNewswire via COMTEX News Network/ -- Nexxus Lighting, Inc. (NASDAQ Capital Market: NEXS) today reported its first quarter 2011 results. Highlights include:
Revenue for the quarter increased 9% over Q4 and Q1 2010 to $1.6 million
Lumificient posted 27% growth in revenue to $1.2 million compared to Q1 2010
Array(TM) LED replacement light bulbs generated sales of $0.4 million
Gross margins increased to 31% compared to 20% for Q4 2010 and 25% for FY 2010
Launch of Array for Lowe's® Home Improvement stores on schedule
Expansion of our patent portfolio to 33 patents issued and 34 patents pending, including issuance of core patent on Selective Heat Sink Technology(TM)
Cash position strengthened to $5.5 million

[gabbs]

I got in at 4.01. Still a good profit though; sold half, and keeping half for long term.
Lets pat each other in the back; apparently nobody else has shares on this one in this site.
cheers

[skillcraft72]

I know this board is a ghost town...but DAM is this company doing it to it. Great move with the Lowes contract. Wallyworld next, maybe Home Depot...with the new revs I am sure it will boost their tech/development for more valued products! Glad I got in under $3.

[Watson9]

Array lamps to be sold at Lowes starting in June.
VERY GOOD NEWS.

[Watson9]

Nexxus Lighting Receives ENERGY STAR Label for Its Array(TM) LED Bulb
As of 4:00 PM ET 10/15/10
Nexxus Lighting, Inc. (NASDAQ: NEXS) has received the ENERGY STAR label for its 7.8 watt R30 LED light bulb and is now included on the ENERGY STAR Qualified LED Light Bulbs list.
The Array R30 is the first LED reflector lamp replacement that has qualified for the ENERGY STAR label

[Watson9]

NEXXUS up 31% week of 4/23

[Watson9]

Toshiba Ends Production of Incandescent Bulbs After 120 Years of Manufacturing
SSLighting Design News Staff
March 19, 2010...Toshiba Corporation and its group of companies, the first manufacturers of general-use incandescent bulbs in Japan some 120-years-ago, has taken a bold step into the future by ending the production of general-use incandescent bulbs. The company reportedly decided to focus on environmentally friendly lighting back in 2008, and since then has been transitioning to new lighting products, particularly LED lighting. The end of incandescent bulb production has reportedly come a year ahead of the original plan.

Toshiba points out that its end of production of general-use incandescent bulbs marks the end for a total of 103 products. At a production peak Toshiba manufactured some 20 million units a year. Though it will continue to produce specialty incandescent bulbs, Toshiba said that it will direct its attention to promoting LED lighting

[Watson9]

News from NEXXUS

Nexxus Lighting, Inc. (NASDAQ: NEXS) announced today it has begun production and shipment of its new Array™ Quantum LED R30 replacement light bulb. Developed in conjunction with QD Vision, this is the first commercially available LED lamp that utilizes quantum dots to deliver true 2700° Kelvin, high-color rendering (91 CRI) incandescent warm white light at an industry leading 60 lumens per watt.

[stocktrader001]

something strange happend at my banks account. it showed up a share price of 6.98$. that was a 128% gain. it could be a mistake but if not..

[MWM]

have not been watching...

[stocktrader001]

very interessting. are you in any timeframe known?

[MWM]

Wedbush Initiates Coverage on Nexxus Lighting (NEXS) with an Outperform; Superior Efficacy Supports Bright Outlook

January 5, 2010 1:20 PM EST

Wedbush initiates coverage on Nexxus Lighting (Nasdaq: NEXS) with an Outperform rating. Price target $8.

Wedbush analyst says, "We believe Array product performance is due to Nexxus’ patented selective heat sink technology combined with an array of low-power high-efficacy LEDs, while competitors mostly use high-power highefficacy LEDs and a large finned aluminum heat sink. Light output and energy efficiency drive customers’ paybacks, and customers report Array paybacks below two years without available incentives. We expect building traction and forecast Array sales of $10 million and $25 million in 2010 and 2011, up from $1.4 million in 2009Following the company’s recent capital raise, we look for management to drive growth in Array LED lamps, targeting the incandescent bulb replacement opportunity...We believe a 3.0x multiple is justified as it represents a discount to trading comparables. Shares of Nexxus are currently trading at 2.4 and 1.2 price/sales multiples on 2010 and 2011 estimates, respectively. We believe that with the successful ramp of Array LED lamp products Nexxus could achieve $75-$100 million annual revenue within the next three to four years."