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For a product like Light Sheets, lux is going to depend how you arrange the sheet. Remember, lux is a measurement that includes area. It measures total light over a given area.
So if you wrap a 500 lumen sheet around your measuring device, you can focus the light and get a much higher lux reading that if you laid it flat.
With a single 500 lumen sheet, you could get a reading of 1,000 lux over 5 sqft or 100 lux over 50 sqft. All depends how you focus the light and over how much area you are spreading the light.
It is the same type of math and procedures for regular light bulbs. Take your room, your areas of required illumination, type of activity and direction of light and start planning it out.
You want about 100 - 1000 lux in an indoor space, generally the higher lux and higher kelvin for the more "active" the activity. Bedrooms, lower lux on your surface areas and lower kelvin for the feeling of warmth. For a supermarket, you are going to want cool light at high lux to wake up your customers and highlight your products.
For Light Sheets, I pegged it at 6,500 kelvin based on this image:
To get to 5,000 kelvin, if I was doing the install, I would use a 443 Quarter CT Straw filter, which has about 80% transmission and brings you from 6,500 kelvin to the desired 5,000. This means you lose about 20% of the light.
Now you're getting to the right question.
Lux is a complicated measurement very useful if you are staging or installing. For pricing light efficiency, I like to use lumens since it is total light per light source, which has a defined cost and wattage.
So based on filing:
800 lumen per square foot
0.0625 watts per square foot
likely $70.56 - $100.80 per square foot*
*depends on method of calculating cost per inch, I went with high end estimate to be conservative.
So it costs just over $63 for a 500 lumen replacement.
It costs more. But LED's cost more than traditional light bulbs. Still worthwhile purchases because they save energy.
That's where the wattage comparison is off the charts.
For the $63 replacement, it may cost 10x more, but it is 100x more efficient and from the hour ratings, is nearly double the useful life of a LED bulb.
So overall, you have something that produces 10 times more light per dollar over the course of its useful life.
Now before you get too excited, what I mentioned earlier about acquiring the technology. XLIT doesn't own the technology yet, they are just have rights to it in some industries. If it owned the technology and had LM-80 tests completed with these numbers, this would not be a $1 stock. It would be a $10+ stock and probably higher if they had a good sales team pushing the product.
Right now, it is in their best interests to stay quiet, raise funds, buyout the tech before the holder realizes its worth and then do the EPA testing. Then once you own the rights, raise more funds and scale up a sales force.
At least that's how I would do it if I ran the company.
You're confusing lux and lumens. Lux is what you are thinking of. Lux is per unit of area. Lumens is total light.
I've done all this math weeks ago when the filings came out. My excel valuation includes assumptions based on cost saving projections and financing of project installs. Same types of models I did with SolarCity in '13 at sub $15 prices. I then discounted the entire model significantly for the risk of no LM-80 assessment yet, which still makes me a bull at current prices.
Great example. Even if your sarcasm is correct and it does give off only as much light as a an actual firefly, that's still one of the most efficient lights on the market...
If one square inch is a firefly.
A single firefly is 1/40 of a lumen.
1 square foot of product is 144 sq inches.
One square foot uses just 0.0625 watts of power.
You end up with 57.6 lm/watt. At that wattage, it still exceeds ENERGY STAR efficiency requirements and puts it at the top-end of all lighting products.
Now consider that it gives off slightly more light than a single firefly and you start to see the big picture.
Pricing improves with volume and adoption, as with all products. For it to already be at 70 cents at this stage is their starting point for a tech no one else has. This company wasn't even trading 90 days ago... look where it is already. Gives some perspective to the timeline
Thanks! Added to iBox
Exactly, and consider the wattage per square foot of this material. Where some may see "cool" uses of the material in novelty products, I see potentially an insanely efficient lighting source (and not in a laboratory or early R&D, but an actual working product).
My big bet here is that they are smart and buyout the entire IP rights to the technology, then run it through some IESNA LM-79-08 testing. This would open doors to effectively guaranteed billions in revenue if the LM-79-08 results come out close to those specifications outlined in the 8-K.
This could be much more than just another "ENERGY STAR" rated product but could be the BEST lighting product, dollar to energy to lumen ratio.
Until they get those results solidified by an EPA recognized lab (like metlabs.com), the risk remains high, which is why I think it is not trading at $20 or higher right now. Many people are factoring in the risk of just not knowing. It's one of those things that the company can pull it off and raise the funds, acquire the full tech and get the certification, it could displace a lot of other massive names like LG, GE, Philips, Samsung, Cree, Osram, or Nichia.
Here is how I know the tests required for EPA Energy Star: https://www.energystar.gov/sites/default/files/specs//private/Final_Luminaires_V1_2_1.pdf
The best lights on the market now have a luminous efficacy of just under 15%. Low pressure sodium lamps can get to 29% on the high end. If Light Sheets is posting numbers of 30% or above this could be a real game changing tech.
That's my two cents on the matter.
High risk, high reward.
It sure does. I won't spoil the surprise though: http://www.sec.gov/Archives/edgar/data/1578305/000147793215006592/myxy_8k.htm
No need to "pump" for the sake of pumping, we are all well aware of the potential. It's why most of the readers here hold shares for the long-term.
It is a much better contribution to keep the conversation civil and level-headed. Stock will go up and down, that's the market. Cooler heads prevail and profit when we keep the forum here focused on the facts.
What we post here could help a potential shareholder perform his due diligence and decide to buy.
With that said, I agree 100%. The potential here is definitely there. But the story is bigger than I think most people realize. I am hoping to see XLI get some more tech and expand their rights with Light Sheets, maybe even acquire the whole thing with the new funding they are getting (that's what I personally think they are attempting to do).
To be honest I don't understand what you are talking about.
I've found pricing information in their filings. It is in the original 8-K from October and shows a retail price of 60 to 80 cents per square inch. As low as 45 cents per square inch for bulk orders.
This gives them a margin of 44% on the high end and a minimum margin of 22% on bulk orders.
Seems to me like they are focusing on tackling large order and big scale clients first before bringing to a consumer focus. Smart strategy if you ask me to make best use of limited resources when still a small company.
Stocks go up and stocks go down. Short term fluctuations don't bother you unless your only reason for investing is the technical chart.
For me, panic selling is emotional traders selling their shares for a discount. Those same traders who let emotions control their investing will be buying just as irrationally during the big spikes. Greed and fear.
In my trading I rise above and look at what is actually going on. Underlying facts and circumstances.
Right now it looks like a classic short induced panic sell. People load up hedged positions (long and short the same amount of shares), then sell their long position to induce a panic. Never fails to trick the amateurs into panicking. Then the shorters cover their positions and sometimes buy in to ride the recovery.
Game as old as time once you learn the moves.
Thanks, added to iBox!
MYXY was changed to XLIT, join us at the XLI Technologies board.
What's the DD Amanda look like now? Think we could post an updated version into the iBox?
What does a 255 early Factor mean?
Yeah it just might actually, for once a penny stock that gets better the more you read about it
iBox updated with new information, feedback welcome
I guess its the 8 day rule now, huh?
I'm compiling the evidence for that, but yes, it looks like they have some sort of relationship with West Coast Customs and customers already using Light Sheets in at least one car
Luminous efficacy and practical applications. As a business owner, if a better product comes along I will start using it immediately if it puts money in my pocket.
Large corporations are even better at making these economic decisions than small business owners.
From what I can gather, light sheets are highly efficient, nearly indestructible and safe for users. You can even cut the sheet while it is turned on.
So the applications are pretty much endless. From what I have been reading, the lux is consistent throughout the sheet, which for lighting applications is kind of the holy grail. It is clearly why James Schramm bought the rights since so many movies use all kinds of tricks to try to diffuse light evenly over a set to get that perfect shot.
But from what I see, lots of industrial usages benefit from highly durable, evenly distributed light.
The fact that it does not get hot (heat is where all wasted energy goes to when talking about lighting) makes me think these guys are going to have a pretty high efficacy rating on a IES LM79 test.
Here are the types of resources I read when deciding to replace fixtures in my buildings:
http://www.ies.org/store/product/recommended-practice-for-the-economic-analysis-of-lighting-rp3114-1351.cfm
http://apps1.eere.energy.gov/buildings/publications/pdfs/alliances/led_site_lighting_spec_06_09.pdf
Then these are the types of reports I consult for analyzing investments in lighting:
http://www.ies.org/store/product/approved-method-electrical-and-photometric-measurements-of-solidstate-lighting-products-1095.cfm
http://www.ies.org/store/product/ies-approved-method-for-measuring-luminous-flux-and-color-maintenance-of-led-lamps-light-engines-and-luminaires-1339.cfm
http://www.ies.org/store/product/ies-approved-method-measuring-luminous-flux-and-color-maintenance-of-led-packages-arrays-and-modules-5372.cfm
Thanks for the insightful post and well reasoned explanation behind your opinion that this is a POS.
Added, along with the 14F1 appointment filing and IMDB bio.
Good to hear it is a positive drive toward MYXY. All too often I see negative promotions or one-day pops only to fade away into irrelevance.
MYXY seems to have some real staying power. Looks like a real cool company coming up
Got quite a bit more involved recently. Updated the iBox, let me know if you have any contributions to make it even better.
I just added speculative evidence of Wal-Mart to the iBox.
The link for me came from a chat room but the research seems to stand up to basic checks and appears to be a comment made by their Canadian distributor on his private Facebook page.
If it is announced officially, this could be a pretty big win for all of us involved I think. Here's hoping.
That's a solid size. Hey, let me know if you have any feedback for the iBox or anything to contribute so we can collect all the due-diligence in one spot.
Building iBox: SUBMIT YOUR SUGGESTIONS
I am going to be building the iBox with a collection of my personal DD so far on MYXY.
If you have any additions or good information you think would be relevant for the iBox, please reply to this post with your suggestions.
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Michael is apparently one of their distributors and he made a post saying they have Emagine Entertainment, Wal-Mart and General Motors as clients.
Since XLI announced they have Emagine Entertainment last week, I think the source of information is starting to seem pretty reliable.
Here is the source I got from the private trader chat I belong to: https://web.archive.org/web/20151116204905/https:/www.facebook.com/MichaelZavarella/posts/10153794998022317
Some guys are saying this has no business below $3. Hoping to see a KIRI type of move from .20 to $7.20
How did you know so early?
you still in this?
I'm starting to realize this is bigger deal than I thought it was. Rumors flying around in chat rooms that they got walmart and general motors as customers already...don't know how reliable their source is but for what it's worth the same chat rooms predicted the 80 theater contract.
I suppose as long as it is a net positive and is attracting the right type of attention, then I'm alright with that.
Not that they need any
Because even MSFT has 0.001 Par value shares. If that's your method of rating whether of company has any value, you may want to learn a bit more about stock valuation. Cash flow, DCF, IP and other factors matter tremendously.
Just because Zuckerberg holds his shares in FB at a 0.0006 cost basis does not make FB work only $0.0006 per share.
With MYXY, it is valuable to people like us because we know who Schramm is and what he does with his companies. Just like how following Frost is usually a good indicator of a big play.
Hope that helps spark your interest to perform your own deeper due diligence.
I did mine, found quite a bit at work here, perhaps you should do a little research yourself. You might really like what you find. It's all out there, but it doesn't get spoon-fed to you.