status is none of yer' damn business!! :-)
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Nice email, thanks for sharing, I also have an email into sales about getting distributor info.
LOL, wonder who did that?
Agreed, maybe he was able to, I am sure we will here some sort fo update soon.
Nice to see us sitting at 7 once again.
Finally, some who actually get it.
Why This Recession Seems Worse Than '70s and '80s
Friday February 13, 2009, 11:37 am EST
Yahoo! Buzz Print
If you think this recession is the worst since World War II, chances are you weren't born or working during the downturns of the 1970s and '80s, you're listening to President Obama too much or you're a white-collar worker in financial services.
If all three are true, you may even think we're on the verge of another Great Depression.
At this point, the only thing that may be true is your age and employment status.
"The current situation has nothing in common with the Great Depression," says economist Steve Hanke of the Cato Institute and Johns Hopkins University. "The sooner they [in Washington] stop spinning the bad news story and say nothing, the sooner we'll be more confident."
Hanke is not alone in dismissing what appears to be a potent cocktail of misinformation and doom and gloom, wherein the current recession-now in its 13th month-is already considered worse than the 16-month ones of 1973-1975 and 1980-1982.
"We were pretty scared in '82; things looked horrible for awhile," says Bob Stovall of Wood Asset management and a 55-year veteran of the securities business. "I don't think you can say it's worse than then; its different. You have changed the landscape but you did that in the Midwest when you forced a lot of rust-belt companies to the wall."
"This time it's financial firms going out of business, instead of manufacturing ones, and the jobs are going with them," explains Stovall.
"I do think that's part of it," says Robert Brusca, chief economist at Fact & Opinion Economics, saying that. "They're the ones making the pronouncements. People in the financial sector are getting crushed."
They're not the only ones selling doom and gloom, though.
"I don't remember a president talking down the economy as much as President Obama," says economist Chris Rupkey of Bank of Tokyo-Mitsubishi. "The economy is very psychological. There's a herd instinct."
That herd instinct kicked into overdrive after the sudden collapse of Lehman Brothers, when many say the economy fell off a cliff and a classical cyclical downturn merged with a nasty one-of-kind credit crunch. So yes, economists agree things are bad, but they need to be put into perspective.
Employment
At this point, the current recession is worse than those of the '70s and '80s by only one statistical yardstick, and that's the unusually quick ascent in the jobless rate-from 4.4 percent in March 2007 to 7.6 percent in January 2008.
"People are reacting so adversely to this is because the job market has become so weak," explains Brusca.
But even though the sharp decline in payrolls over the past three months has been stunning, it is not as bad on a percentage basis as one period in 1974-1975, according to David Resler, chief economist at Nomura International. Resler says the economy would have to lose some 767,000 jobs a month over a three-month period from the current employment level to match that miserable performance.
Slideshow: Top States with the Highest Unemployment
Slideshow: Worst Jobs in America
During the 1973-1975 and 1980-1982 periods the unemployment rate almost doubled (4.6-9.0 percent, 5.6-10.8 percent, respectively), which means a peak of about 8.6-8.8 percent this time around. In further contrast, during a ten-month stretch in 1983-1983, the jobless rate was above 10-percent.
Nevertheless, that's nothing compared to the Great Depression when the unemployment rate went from 3 percent to almost 25 percent in four years and national income was halved, notes Hanke in a recent column.
Growth
Thought it may be little consolation for the millions of unemployed, GDP is considered by economists to be the best and broadest gauge of a recession.
That may seem also peculiar since the economy actually grew in the first two quarters of this recession, but some of that had to do with the Federal Reserve's early and aggressive interest rate cutting and the federal government's first stimulus plan which quickly put money into people's pockets.
Given that backdrop, GDP contraction thus far has been modest. It's down 1.1 percent vs. 3.1 percent in the 1970s period, says Chris Rupkey.
And though the economy shrunk at a 3.8 percent annualized rate in the fourth quarter of 2008 and is expected to decline another 4.0-6.0 percent in the first quarter of 2009, imagine the reaction today to the 7.8 percent plunge in the second quarter of 1980 or consecutive swoons of 4.9 percent and 6.4 percent in 1981-1982.
"Half of the workforce until now hadn't seen more than 16 months of recession-total," quips Resler. The past two short (eight months) and relatively shallow.
During the 1990-1991 recession, the deepest quarterly GDP decline was 3.0 percent; in the 2000-2001 one it was 1.4 percent.
"GDP hasn't been that weak because the productivity increase is one of the best," says Brusca. "You get a quarter or two that really knocks the level down," he adds, and it looks like we're at that stage now.
This time other fundamental factors are playing a bigger role than the past.
"Consumer spending will be bad," says Resler. "We haven't three consecutive quarterly declines in consumer spending since the 1950s." He's definitely expecting a repeat of that.
It's Still Bad
Comparisons aside, no one is saying the current recession isn't a painful one, and some see very little reason for optimism.
"I can't identify anything than looks good," says Dean Baker, co-director of the Center for Economic Policy And Research, adding that business investment-which appeared to be holding up-posted its sharpest decline in 50 years in the final quarter of 2008.
"I'd be shocked if we have growth this year," says Baker, even though he expects the Obama administration's stimulus plan to have a sizable economic positive impact.
So may the words of the President and his advisors, say economists.
"It's not surprising that politicians exaggerate this," says Resler, who predicts "The tone of the message is going to start changing immediately; now that we have the stimulus in hand, you enhance it by saying positive things."
Tunnel Thinking
For all the comparisons with other recessions, exaggerated or not, the most meaningful one may be its duration. It is also the toughest.
Economy: Full Coverage
The consensus is this recession will end sometime between the second half of 2009 and the beginning of 2010. The pessimists say wait till next year-period.
David Jones, CEO of DMJ Advisors, is among those who see "hints of stability." By that he means, the rate of decline in areas like retail appear to be slowing.
"We'll see the same thing happening on the housing side in the next couple months," says Jones.
"I'm just waiting for the shift in people's expectations," adds Rupkey.
The patent pending YoGen BatT, now under development, is a leading edge next generation device that combines a cell phone battery with an extremely efficient, especially compact hand-powered electromechanical generator that breaks new ground in miniaturization. This incredible product will employ a convenient pull cord/with handle hand charging mechanism, similar to but smaller than that of the original YoGen® charger. The introduction of the YoGen BatT will eliminate the need for a separate, stand-alone charger for cell phone users, thus representing a new level of convenience and utility. Imagine, total freedom of operation, as you will never have to worry about whether or not your cell phone battery is charged or be concerned about the availability of an external power source for operation or charging! Easy Energy, Inc. anticipates a swift completion of the development of the YoGen BatT prototype and a subsequent timely advance to production and market launch.
Geitner steps down? LOL.
That A/D line just keep heading north.
Thinking there is going to be several updates leading up to production in April. Hopefuly we will get multiple updates on contracts.
Hmmmmmmmm, interesting.
Interesting.
Me too, it would be a huge boost to secure just one miltary contract, not to mention if they get both.
That's a bummer, can't win them all.
That's a bummer, can't win them all.
FTBK and GNW watching AGAIN.
Not looking good, did you bail?
"We believe we are in the right place at the right time with a line of products that are uniquely suited to fulfill the needs of a grossly underserved segment of the marketplace. At a time when the words "green energy" are on everyone's lips, we are introducing a suite of products that are environmentally friendly in the extreme, completely non-polluting in their operation and designed for durability and long operational life. There is a great demand today in the marketplace for compact, user-friendly manpowered chargers for portable electronics devices to ensure their operation in circumstances in which conventional power sources are not accessible. We are ready to meet that demand with a line of manpowered chargers that will lead the industry in ergonomics, economy and power output relative to input effort."
"We are currently in negotiations with substantial distribution firms for other territories and are confident that several additional agreements will be finalized in the very near future."
Next step, full scale production to fill those contracts that willbe coming soon.
I have good reason to believe, with the reasonable success of our in-progress marketing discussions, that Easy Energy's revenues for 2009 could reach $10,000,000 with resulting earnings of $3,000,000 or better.
Morning all.
Time will tell. Well worth a dabble IMO.
Limited number concerning what? Only one contract confirmed as of now and that's with Al Sadeef, 300K units for $3 million. Currently peole are waiting on updtes from potential contracts that I mentioned in my earlier posts. Time will tell one those but first things first and thats full scale production coming in April. GLTY.
LOL, already did my friend.
Not true at all, There have been lots of talk about the marketing trip here in the US and CA, also with the possible miltary contracts, and other ME potential distributors, AND the full scale production coming up in April.
Good to hear Stevo.
Careful, you're gonna confuse the idot liberals with facts.
How we doing over here Stevo, here anything new from Shawn lately?
Would be nice wouldn't it.
Monday, December 29, 2008
Swiss Skiers Alive Thanks to the Light from Music
Two 22-year old French shredders – one skier and one snowboarder – were riding out of bounds late Friday at the Savignon ski resort in Graubünden, Switzerland and found themselves stuck on steep terrain and lost in a snowdrift. They called for an air rescue on their cell phone when it got dark.
As it always happens, their cell phone battery went dead but they got lucky when they were able to signal the rescue helicopter a little after midnight using the light on their MP-3 player. Temperatures at the time were around minus 15 Celsius and they were located on a wooded slope.
The two out of bounders were treated for mild hypothermia and are expected to make a full recovery.
Hand-wound cell phone chargers
IST SideWinder cell phone charger
IST SideWinderEditor's rating: 5.3
The good: Compact and light; reusable; LED throws 5 minutes of light after a couple minutes of cranking.
The bad: Tough to crank; several minutes of cranking gave us only a few minutes of phone life; won't work on a completely dead phone battery.
The bottom line: The IST SideWinder might be small, reusable, and environmentally friendly, but we never got a decent cell phone charge from the device.
This crank-driven emergency cell phone charger seems like the ideal choice for a chatter who's stranded on, say, a deserted country road and needs to squeeze a call out of a dead handset. But while we got sore fingers from furiously cranking the IST SideWinder ($25), overall we couldn't get enough of a charge to even place a call for more than a few minutes.
The compact, lightweight SideWinder (2.3 by 1.8 by 1.5 inches, 2.2 ounces) comes in a translucent blue plastic shell, which is curved slightly for a better fit in your palm. On the right side of the SideWinder is a small crank that folds into the casing when it's not in use. On top are a small power port and a white LED that provides 5 minutes of illumination after cranking--great for dark environments. The charger also comes with a small lanyard and a vinyl carrying case.
Setup is relatively simple: Just plug one end of the included cable into the IST power port, then attach the other end to your handset's AC input. Adapters for most Nokia, Motorola, Sony Ericsson, Audiovox, Kyocera, and Samsung phones are included, but you should check exact compatibility with your phone before buying. Next, you extend the small plastic handle and begin cranking at about two revolutions per second. After 2 minutes of cranking, you're supposed to get about 6 minutes of talk time and 30 minutes of standby time.
Unfortunately, the IST SideWinder won't work on a completely dead battery. We attached the charger to a drained Motorola V600 and cranked diligently for about 2 minutes. The crank was a bit stiff, and our fingers began to get sore at about the 1-minute mark. We then hit the Moto's power button; the handset powered up fine but died as soon as we started dialing. We then cranked for another 2 minutes, during which our fingers begged for mercy, and the SideWinder grew noticeably hot--again, no dice.
The IST SideWinder performed marginally better with a battery that had a few seconds of juice left. We tested it with the Samsung MM-A920 and got about 3 minutes of power after 2 minutes of cranking. Still, it was barely enough time to make a decent emergency call. We would have kept cranking until we got a decent charge, but frankly, our arms were rubber after the fruitless 5-minute workout.
ElectroHiFi SOSCharger
ElectroHiFi SOSChargerEditor's rating: 5.6
The good: Small and compact; crank drive makes the charger reusable; LED produces a few minutes of light after 2 to 3 minutes of cranking.
The bad: Tough to crank; several minutes of cranking gave us mere minutes of phone life; won't revive a completely dead battery.
The bottom line: Like the nearly identical SideWinder, the ElectroHiFi SOSCharger delivered a minimal charge in exchange for several minutes of cranking.
Closely resembling the crank-driven IST SideWinder, the ElectroHiFi SOSCharger ($20) also suffered from reliability issues. After several minutes of cranking, this palm-size charger managed to charge our Motorola V600 handset for only a few seconds, though our Sony Ericsson S710a lit up for longer. While we're all for reusable, environmentally friendly sources of power for our portable electronics, they're not much good if they can't deliver the juice.
The ElectroHiFi SOSCharger is essentially an exact copy of the SideWinder. Measuring a compact 2.3 by 1.8 by 1.5 inches and weighing in at 2.5 ounces (slightly heavier than the SideWinder), the SOSCharger comes in both silver and translucent blue.The plastic shell is curved for a better ergonomic fit and small crank folded into the side. And like the SideWinder, there's a white LED and a power port on top of the device. The charger comes with a small lanyard but no carrying case (like the one that comes with the SideWinder).
Setting up the ElectroHiFi SOSCharger is a snap; just attach the included power cord from the charger to your phone's AC input. Adapters for various phone makers, such as Nokia, Motorola, Sony Ericsson, Audiovox, Kyocera, and Samsung, are included. Once the power cable is all set, you unfold the small handle and begin cranking.
According to the ElectroHiFi SOSCharger's specs, 3 minutes of cranking should get you between 2 and 8 minutes of talk time. Just as with the SideWinder, however, the SOSCharger came up disappointingly empty on a dead battery. The device won't deliver enough juice to power our depleted Motorola V600 for more than a few seconds; by the time we started dialing a number, the phone went dark. We tried cranking for another 3 minutes, but again, our V600 died within moments. On the other hand, when using it with a near-dead Sony Ericsson S710a, we got enough power for a quick 6-minute call.
Cell Phone Usage Statistics
Believe it or not, there was a time when cell phones were not considered normal or common. Once reserved for the elite in business and higher society, cell phones are now being used by celebrities and even those who are unable to pay their rent from month to month. Cell phone usage is on the rise, not just in the United States but worldwide.
In the middle of 2005, the number of subscribers to cell phone carriers had dramatically increased and the number of total users had reached 2.4 billion. If the numbers continue to multiply at a steady rate, the number of subscribers is expected to reach into the billions over the course of the next few years. The reason for the rapid number of cell phones is said to be the implementation of more towers giving a wider range of cell phone capabilities. There is also the theory that some of the more affordable cell phone marketing strategies, such as pre-paid phones and low-minute plans, are responsible for the increased number of users as well.
Cell phones have become more than just an accessory for the masses; they have become an imagined necessity in countries all across the world. In the United States, studies show that over fifty percent of children own their own personal cell phones. In the United Kingdom, there are now more mobile phones than people in the country. The Russian market is up 89% in cell phone use while Italy, Sweden, Hong Kong and Great Britain have shown an increase of 100%. China has over 400 million subscribers, while Indonesia is expected to have over 50 million subscribers by the end of 2007.
With the excessive use of cell phones and increased number of cell phone subscriptions, society faces an etiquette issue. People are now using their cell phones in doctor's offices, movie theaters, restaurants and even weddings. The cellular phone etiquette debate will likely carry on for many more years as people get used to this relatively new technology and learn where it is acceptable to use it and where it is not.
In a general sense, cell phone usage will be on the rise for many years to come. The notion of cellular phone usage as being akin to a fad or a trend has quickly worn away; the cell phone is here to stay. As many people learn new ways to communicate, however, the cell phone that we all know and love today may well turn into a new piece of technology by tomorrow.
As we can tell there is no market for these devices LOL.
[sarcasm intended]
Global cell phone use at 50 percent
Worldwide mobile telephone subscriptions reached 3.3 billion -- equivalent to half the global population -- on Thursday, 26 years after the first cellular network was launched, research firm Informa said. Since the first Nordic Mobile Telephony (NMT) networks were switched on in 1981 in Saudi Arabia, Sweden and Norway, mobile phones have become the consumer electronics sector with the largest volume of sales in the world.
Just need to give them time to get the production started. We already know of 1 contract already inked and comfirmed by Al sadeef. Miltary, US and or Canadian contracts could be coming down the pipes here shortly.
Global cell phone market to grow 11% in 2008
Handhelds, Mobile usage Gartner expects cell phone market growth to slow to 11% from 16% in 2007, and in US dollar terms growth would slow to 9% from 11%. Handset vendors sold 304.7 mln mobile phones globally in Q2 2008, with strong demand in emerging markets lifting sales 11.8% from Q2 2007. The main gainer from surging sales in emerging markets was Nokia, whose market share rose to 39.5% in Q2 2008 from 36.7% in Q2 2007.
Global portable navigation device market statistics
Handhelds Under the drive of the strong market demand, the operating performance of the three leaders, Tom-Tom, Garmin and Mitac, in PND market, all increased rapidly in 2005 and 2006. The annual revenue of Tom-Tom was nearly USD 1.6 bln in 2006, while that was just USD 10 mln in 2002; the shipment of Garmin navigation devices was 389.9 thousand units in 2005 and, that amounted to 1.443 mln units in 2006, up 270.1% year-on-year. Moreover, Taiwan ODM Mitac is not only the OEM of Tom-Tom and other makers, but it has its own brand Mio, and since acquired Europe-based Navman in 2007, the market share of Mio and Navman was increased to nearly 20% in 2006, which made Mitac rank to the 2nd place in Europe market just after Tom-Tom. The market concentration of PND is comparatively high in the world and, the market share of Tom-Tom, Garmin and Mitac totaled 70% plus, ReportLinker says.
The Europe PND market is with the fastest increase in the world in 2005 and 2006, the total sales of PND products amounted to 7.4 mln units in West Europe in 2006, and it is forecasted that will increase to 11.8 mln units in 2007. The year of 2006 saw two peak seasons in PND sales in West Europe, one is from June to August, the consumers bought a large number of PND for the convenience in holiday traveling; and the other was at the end of 2006, the traditional sales peak season, the PND product sales during Christmas accounted for 8% of the total.
The average price of PND in West Europe market was EUR 417 in 2006 and, the price in Switzerland market was the highest, about EUR 413, and the prices in France and UK both decreased about 20% to EUR 364-367, while that remained EUR 351 in German market. The prices in the whole West Europe market all dropped to some extent in 2006, German market decreased EUR 43, while Spain market was with the largest drop margin, and the average price descended to EUR 287 in the end of 2006 from EUR 472 in the end of 2005. North America Market is still dominated by Garmin, which remained the 1st place in the market by 50.3% of market share in 2006, and others such as Magellan, Tom-Tom, Mio, Lowrance, and Destinator etc, controlled large of the left. Sony, which entered America vehicle portable navigation device market on Apr 9th, 2006, obtained 2% of the market share as well.