Seesmart Technologies Inc (fka SEST)

[Slojab]

Interesting that the company seems to have no desire to be transparent by updating OTCMarkets, where they have "caveat emptor" status.

[Slojab]

Confirmation of this news....

http://www.examiner.com/slideshow/seesmart-led-lighting-sl-green-realty-corp-buildings?slide=50129661#slide=50129691

[Slojab]

Seesmart Selected by SL Green Realty Corp. for One of the Nation’s Largest LED Lighting Retrofits

LED lighting manufacturer Seesmart Technologies, Inc. (OTC: SEST) today announced that it has been selected by SL Green Realty Corp., New York City’s largest commercial property owner, to install its industry leading LED lighting products throughout 21 commercial office properties, as part of one of the nation’s largest LED lighting efficiency projects.

“Seemart is excited to work with SL Green Realty Corp. supporting the development of its energy efficiency program through this large scale lighting retrofit,” said Kenneth Ames, CEO of Seesmart Technologies, Inc. “The selection of Seesmart and its high efficiency LED lighting products by New York City’s largest commercial property owner shows confidence in both our company, and the maturity of the LED industry to deliver significant cost savings through energy efficiency.”

This lighting retrofit will install more than 16,000 Seesmart LED lamps, replacing antiquated lighting technologies, including incandescent, halogen and fluorescent lights, to provide exceptional efficiency that reduces energy use by more than 50 percent. This is combined with superior lamp life of more than 8 years, which yields additional savings opportunities. SL Green anticipates this energy efficiency project will save $750,000 through combined energy and material/labor savings, resulting in a project payback of only 3 years.

“SL Green is excited to commence with this innovative project, utilizing Seesmart LED products, to drive energy reduction throughout our portfolio,” said Jay Black, Director of Sustainability at SL Green. “Lighting represents approximately 25 to 30 percent of total energy cost in the commercial real estate industry, and addressing lighting efficiency is a key ‘low hanging fruit’ cost savings opportunity. SL Green found that Seesmart provides the incomparable solutions necessary, including high quality products, superior efficiency, longevity, warranty and exceptional customer service required to pursue this efficiency program.”

As part of the evaluation process, SL Green reviewed Seesmart with other top industry competitors through the assistance of Environmental Systems Corp., an industry leading designer/contractor of energy efficiency installations.
“Through all of our testing, Seesmart’s products outperformed the other manufacturers in light output, lower wattage use, as well as return on investment. Seesmart continues to stay ahead of the market in terms of technology adaptation and continually offering competitive LED lighting products.” said Greg Hudson of Environmental Systems Corporation.

SL Green anticipates the completion of the LED lighting retrofit in August 2012. This program is expected to be a catalyst for future retrofit opportunities, including mechanical, renewable energy, and additional LED lighting retrofits at other properties within its portfolio.

For more information about Seesmart and the company’s complete line of LED lighting solutions, visit www.seesmartled.com.

[trackkwizzard]

News out today

[Slojab]

Seesmart Releases New Line of High Performance Exterior LED

LED lighting manufacturer Seesmart Technologies, Inc. (OTC: SEST) today announced a new line of exterior LED lighting products designed to offer an optimal combination of performance and energy efficiency.

Manufactured in the United States, Seesmart’s new product line offers commercial customers even more options in sustainable, energy efficient LED lighting. In addition to the reduced energy cost savings and reduced energy consumption that are achievable through LED products, Seesmart’s LED product line reduces maintenance costs as well. LED lighting lasts up to 10 times longer than traditional lighting products.

Seesmart has released a line of fixtures and retrofit kits allowing exterior lighting customers to quickly and easily retrofit or replace existing fixtures with Seesmart LED fixtures. All products in the line are UL listed and have been manufactured to conform to applicable safety standards.

“LED lighting is an effective and efficient solution for a wide range of lighting applications,” said Kenneth Ames, CEO of Seesmart Technologies, Inc. “Seesmart’s new line of exterior LED lighting products is necessary to continue delivering our customers solutions. By insourcing the line’s manufacturing requirements back to the U.S., Seesmart is working to expand America’s manufacturing footprint in forward-thinking and environmentally friendly product categories.”

Products in the new Seesmart line are designed to meet or exceed the light output of up to 400 watt Metal Halide (MH) or High Pressure Sodium (HPS) lamps while consuming significantly less power.

The Seesmart exterior LED product line includes:

•High Performance LED Medium Area Lights
•High Performance LED Medium Wall Pack Lights
•High Performance LED Medium Cut-Off Wall Pack Lights
•High Performance LED Square Lights
•High Performance LED Cobra Head Streetlights

For more information about Seesmart and the company’s new line of exterior LED lighting solutions, please visit www.seesmartled.com.

[Slojab]

Crazy, huh?

Maybe the deal is being undone! ( :

[gte_gold]

Quiet four months after new officer list posted.

[Slojab]

It doesn't appear they're in any hurry to report anything.

[exonefiguy]

Yes, in that part you are right. SEST will become a reporting company and may issue stock in the future.

[gte_gold]

No misleading in my post. Asserting SEST was not a higher risk than other dark companies and that companies, in general, sell shares to raise capital, is not wrong or misleading. SEST will likely issue shares in the future if they wish to expand as a legitimate company.
Regarding illegitimate companies, insiders selling of shares, synchronized to promoter activities, is common and both benefit. Many outside traders look for promoter pumping to also take advantage.

[exonefiguy]

GTE, this is where you are wrong and have been misleading people on this board. Shell companies cannot create new shares and sell them and raise capital unless they are a reporting company. They can only trade shares. Most shares of a shell company are restricted from even selling their own shares. To create a non-restricted share it can only be done from debt or becoming a reporting stock. Believe me, many a pink stock have created free trading shares from debt and give to a promoter in hopes of getting some return. From what I've experienced, the promotors run it up or dump it and keep all the funds for themselves.

[National Sponsor]

They could issue bonds.

But in the face of a high PPS and the relative certainty that they will delute any percieved shareholder value, I will be on the sidelines.

I like the company. They seem to be active in a number of ways, which is great, but until the info on the private placement comes out, I can no longer maintain a bullish stance.

[gte_gold]

Selling shares is how all companies raise capital. You're speculation of the probability of massive dilution is statistically high and what many pink companies do. I don't see SEST being a higher risk than any other symbol that has not provided public information.

[National Sponsor]

I am now negative on this stock.

One has to speculate that the reason SeeSmart has reverse merged with ONFI is to raise capital. Dillusion is forthcoming and will be massive.

I am sure the wheels are in motion to expand the authorized share structure.

$753 a share is a good price at 98,617 shares, but at 250,000,000 $2 is a premium I can not get behind.

Good luck folks.

[Slojab]

Agree gte. Wish they were a bit more transparent, is all.

[gte_gold]

Everything I've read about Seesmart gives the appearance of a sound, growing company. Risk still is high in my opinion until more information is made public. I don't wish for the poisonous shell history be an issue for Seesmart. If the company is as it appears, It won't be.

[Slojab]

No, that certainly isn't speculation!

Unfortunately, after the 1:10,000 R/S in Feb, the new company isn't going to help any original ONFI shareholders.

Question is, what happens now?

[Kuzami]

The future may look a little brighter, but anyone that has been involved with this stock up to this point has been totally screwed over. And that's not speculation:P

[Slojab]

The skepticism was over their business plan. As well as the contracts they announced.

The way they went about conducting said business also created skepticism. If you had been reading the board over the past years, you'd see that.

And what is your source for confirming the reported death of one of the officers that was mentioned on the board.

If it's true, that is. You see, such a death should have been reported by the company if it were so. Otherwise, there's no way anyone would be aware of it.

But no matter. This is SEST now. ONFI is dead. Just as some expected it would be eventually.

[dubble]

LOL - their skepticism has proven to be right everytime? I went back and read all the comments. They made speculations about former company officers and NONE of them were correct. They were downright slanderous. This "exonefiguy" just said that one of the officers has been dead for almost a year and here they were saying he stole everyones money and ran hahaha.

[Slojab]

It does seem that Seesmart Inc is now the new owner of the ONFI shell.

The way that it's unfolding is more than a litte unusual, though.

And, of course, they could still throw shareholders a surprise.

[Slojab]

You've been posting nothing but what a dismal failure ONEFI has been since before I began posting here, gte.

That's not speculation. That's analyzing the facts.

Even Tom and Chet posting to the board didn't help the ONEFI cause. Nothing could. Because ONEFI has been a failure as everyone else knows now.

The dd you brought to this board has been among the best I've seen.

[Stockajock]

GTE and Slojab - thank you for your insightful posts over these past few years. Your skepticism has proven to be correct each and every time with this stock.

Are you convinced that SEST is actually the LED company and if so, how can this be proven?

If it is, it seems like there finally may be a revenue producing company behind this shell. It's odd though - why no PR to update shareholders?

Stockajock

[gte_gold]

Speculation is often incorrect. else we would both be wealthy. I don't see irony at all. Also take note of the facts I have posted on this board over time. If you care to speculate here, you are welcome to do so. This often leads to interesting discussion.

[dubble]

Isn't it Ironic that everything you've speculated has been proven wrong? Stop speculating. For the last time you don't know what you're talking about.

You going to delete this post too?

[gte_gold]

I don't buy "White was only the money man" BS for a minute. The actions of ONFI and all their lies to mislead investers, is owned by Tom White as well. The timetable and other things you mention answer some of my questions. I have no need to associate ONFI with Seesmart now that the list of officers have been updated. Thank you for the information.

gte_gold

[exonefiguy]

White sold SeeSmart what was left of Onefi (which was the shell)and is out. White was only the money man behind Noblett and Chet took him too like the rest of us. Noblett died last August so you guys can stay off his back too. SeeSmart is the real thing and you can thank White for that.

[National Sponsor]

Ah yes. Very good. :)

[Slojab]

Nothing personal. We only listen to the company.

[National Sponsor]

Why does no one listen to me...

[Slojab]

An analyst's report......

http://www.rockstone-research.de/research/APF_Seesmart_2011_09_26_english.pdf

[Slojab]

Seesmart's last earnings reported via pr.

Seesmart Holdings Reports Revenue Results
Company reports significant revenue growth and business expansion

August 24, 2011 09:08 AM Eastern Daylight Time
SIMI VALLEY, Calif.--(EON: Enhanced Online News)--Seesmart Holdings, Inc. (Frankfurt: APF.F), a leading provider of LED lighting technology, today announced the release of its revenue performance for fiscal 2009, 2010 and the first half of 2011. The Company’s unaudited revenue results, in U.S. dollars, were $3.6 million for 2009, $5.9 million for 2010, and $4.0 million for the first half of 2011.

“We are very pleased to report our topline revenue performance. Our business is growing at a very strong rate due to the quality of our products, the breadth of our distribution network and the adoption of LED technology”
.From 2009 to 2010, Seesmart’s total revenue grew more than 64%. In the first half of 2011, ended June 30, 2011, the Company achieved 68% of the revenue generated for the full year 2010. The Company attributes its rapid growth to the expansion of its distributor and dealer network and the growing adoption of LED lighting by commercial, industrial, and government customers.

“We are very pleased to report our topline revenue performance. Our business is growing at a very strong rate due to the quality of our products, the breadth of our distribution network and the adoption of LED technology,” said Ken Ames, Chief Executive Officer of Seesmart Holdings. “Our performance is a true testament to the quality of the Seesmart product line. With over 325 products for commercial, industrial, government, and consumer markets, we believe Seesmart has one of the largest product offerings in the market today. Additionally, we have put significant effort into building our internal sales force and our distribution network, providing our customers access to highly trained resources to assist in the evaluation, design and implementation of LED technology. We believe the investments we are making will result in continued significant growth and the generation of meaningful shareholder value.”

The Company intends to release additional financial information prior to the end of its third fiscal quarter ending September 30, 2011.

About Seesmart

Seesmart, Inc. is a division of Seesmart Holdings, Inc. Seesmart, Inc. is a complete LED lighting solutions company with decades of experience in research and development, manufacturing and distribution. Seesmart offers a broad product line to meet most commercial or residential needs and delivers a rapid ROI, high-quality products backed by up to a five-year warranty, immediate energy savings and true retrofit solutions. For more information, please visit www.seesmartled.com.

[Slojab]

http://www.altair.com/(S(c4avdx55paaacaac43wpnnvl))/newsdetail.aspx?news_id=10383&news_country=en-US&AspxAutoDetectCookieSupport=1

http://journalrecord.com/2012/03/01/small-talk-coping-with-gas-prices-opinion/

http://www.mfrtech.com/articles/18084.html

http://www.businesswire.com/news/home/20101102005635/en/Seesmart%C2%AE-LED-Lagotek%C2%AE-Deliver-Integrated-Commercial-Energy

http://greenenergyandelectric.com/2012/leds-brighten-up-pasadena-city-college/

http://www.ledlightingwholesale.com/blog/tag/replace%20fluorescent%20lights

[Slojab]

That confirms it, gte.

We have a stealth R/M!

http://ir.seesmartled.com/about.php

[gte_gold]

Nevada SOS posted updated officer information.
Secretary, Treasurer, Director Ken Ames
President, Director, Ray Sjolseth

[Slojab]

Of course they can be listed on multiple exchanges. That was never a point in question. Just a fact I presented.

Here's the point I brought up in relation to that fact.

You have two public companies.

One has revenues and products. Seesmart Inc.

The other has nothing. Seesmart Technologies Inc.

Which shareholders do you suppose are going to get nothing in this "merge", "buyout", "R/M" or whatever it is going to be called?

[90 West]

What happened to my POS onfi shares.
Somebody stole them.

[gte_gold]

The best information is what has been filed to date. Tom White, an officer of the former company, Is the only named officers of Seesmart Technologies incorporated in Nevada. Seesmart, Inc is an active Deleware corporation. Nothing has been published identifying a relationship between the two companies.

[National Sponsor]

I am sure they will file the paperwork at some point in the near future.

The SeesmartLEd.com company is headquartered in Simi Valley CA.

They can of course be listed on multiply exchanges. Companies are listed on multiple excahnges all the time.

[Slojab]

The "other Seesmart" is Canadian, I believe.

But, no matter.

I'm curious, since the "other Seesmart" is already a public company, not currently listed on any exchange, how they can merge with another public company without notifying shareholders of either company or any regulatory body.

Anyone have any ideas how this can be done?

[National Sponsor]

Access to the American capital markets is a very enticing prospect, especially when you are an American company.

Let's get rich.

[Slojab]

Maybe White hijacked the "other Seesmart".

No pr about an acquisition, no notice of a R/M, no update on OTCMarkets, nothing on the "other Seesmart" website and of course nothing on SEST's website, because they no longer have one.

And as you pointed out, gte, nothing about any new officers on the Nevada SOS website.

Even for a pinksheeter, this is a highly unusual way of doing things.

[gte_gold]

According to the State of Nevada, the only Seesmart Technologies officer is the same as the named officer in the previous corporation. That fact is not likely to be forgotten due to a name change. Their past performance is also likely to be mentioned.

[Slojab]

The "other Seesmart" is already a publicly traded company and is listed on the Frankfurt Exchange.

http://ir.seesmartled.com/share.php

And maybe the reason Bloomberg has them mixed up is because the company is already in their files of public companies.

http://www.bloomberg.com/quote/APF:GR

Bloomberg may have made the same erroneous connection White hopes others make as well, and took the description from the other Seesmart.

The other Seesmart would have to have done a R/M into ONFI in order to be connected in any way.

[90 West]

I have 11, that would be $99
cant wait.

[Kuzami]

If they ever get the price up to where I can sell my share and cover the cost of commission, I'll gladly sell and move on. I'll give it a year before I either see the SEC shut em down, or another split/name change...which will it be?

[Slojab]

Looks like it's a mistake to me.

Unless someone can find something to link them, that's all it is.

What's the link?

[Slojab]

We know the history here and the principals involved.

What we don't know is what "Seesmart Technologies Inc" is and where it came from and how it came to be.

Perhaps you could enlighten us.

[dubble]

here's the truth - 3 splits, 3 completely separate companies. I don't know who you originally bought shares from. According to the history it was formerly owned by a Travis B. and another company called Roadwings that was owned by him as well. Now it's owned by Seesmart - so why does everyone keep referring to this "onfi tech" ? They do NOT own Seesmart.
Sorry if your investment with Roadwings did not work out, time to move on and post positive things about a new corporation.

[Kuzami]

Here's the truth. 1 share left after 3 splits and as many trading symbols. Never once have they shown anything close to being a legitimate business.