I agree. Surely by now they know what is profitable and what is not.

Thanks, wadirum. I'll update myself on HLNT.

I got that information on HLNT's cash on hand and debt here: http://finance.yahoo.com/q/ks?s=HLNT.PK+Key+Statistics

I haven't a clue what you're talking about.

Yeah, not ready to jump in just yet. Still watching.

Looks like a good trade. Strong upward trendlines.

Any ENS investors here?

Thanks, Trueheart. I've read that their power factor is .99 which is as good as you'll find and the demo video on their website looks pretty impressive. If all their claims turn out to be true, I think they may have something promising on their hands. In the meantime, the share price is in play.

Hard to say when would be the best time to jump into Cree. This market has really been difficult to figure out.

Does anyone think Vu1 is going to take away some of Cree's market share? Maybe Cree will buy them out.

It's unlikely that it means much of anything, but one can always hope.

This looks like a good company. The future looks bright for the energy storage sector.

One never knows about acquisitions, but with Vu1 making Philip Styles their President and CEO it's less likely that Vu1 will accept a buyout. If he does it won't come cheap. Styles is all in on Vu1. He's one player who really believes in the possibilities of what Vu1 and ESL can do. I trade emails with him from time to time and although he's a straight shooter, he's very excited about Vu1's future. I think Vu1 made a very smart move by making Styles their President and CEO. We can also safely assume that the move to New York wasn't just for the beautiful skyline.

UL certification coming any day now and with it will come a boost in share price. This is a great time to be invested in Vu1. Walk proudly, The Bull, walk proudly!

Yes, I'm expecting the announcement on UL approval this week. Mngt told me that there are several things to announce, so I expect at least one other new news item to be announced along with UL certification. Could be any number of things.

I tend to think that the recent debt to stock conversion and elimination of the debt is in preparation for a new financing deal, hopefully a large institution that Vu1 can establish a revolving credit line with. It would make sense. They stated in their most recent 10Q that they will need additional financing and I know they've had people looking for more financing. They will need it to ramp up production and for the development of additional bulbs. That's one new development that could be announced.

We could also get word on additional orders and maybe something on a deal with a retail chain. They've also got their packaging designed and it looks sharp. The packaging is black, intended to catch the eye of the consumer as he is strolling down the isle looking at the endless selection of light bulbs. "Ahhh...what's this? It looks different." They might give us a look at that. There are several possibilities. But first...UL CERTIFICATION!

SARAGO: The "E" is removed automatically after the 30 day probation period is up. That was to happen no matter what. The fact that it was removed and they were bumped down to the pink sheets is not good news. It means that the OTC.BB found that they were not in compliance with whatever PSRU was delinquent on w/the SEC, probably fees and updated documentation. The "E" probation period serves as a warning to shareholders, a red flag. It also means that all the money that PSRU spent buying out International Medical Staffing and moving to the OTC.BB was wasted, just like the $250,000 they spent retaining their financing deal with Socius.

Well, if you're wrong then I'm wrong, my friend. But my confidence is still high on this one. Just wish they'd hurry up with UL approval. I have heard that UL is notorious for taking a long time to do their testing and that it always takes longer than they say it will. And since ESL is a technology they've never seen, I'm sure this will take longer than they thought it would. Any day now.

Airedale: They haven't heard anything yet except that there haven't been any problems so far. They aren't worried about UL because they talked to UL in advance about what testing would be done and Vu1 performed the tests themselves extensively. They just made the mistake of telling shareholders what UL told them, that testing should be completed around the end of August. They are anxious for certification, but they've got plenty to keep them busy in the meantime. It should come any day now.

It's interesting, but I'm afraid charts for R&D stage companies are meaningless.

Here's what our strange friend senatorhyman is doing on Yahoo's PureSpectrum board. He's posting under an alias and then pumping himself up. The latest is "lvendetta56". He posts under this alias saying that he's heard that PureSpectrum has secured financing. He also is complimenting himself. Here's one of his posts: "was sad same as senator? then owe him on a few more tips. guys a genius picker. wtf was he doing over here, stock sounds dead." The guy has serious mental illness issues.

Sorry, Moneytree, but Sad requires lots of repetition. I'm sure you know by now that you can't trust what PureSpectrum's PRs say. Don't be fooled by the BoDs' BS. They knew what was going on. How could they not know? All of them? No way. I knew what was going on and I'm no insider. But even if they were clueless they are still stuck with $20 million worth of debt and there's no way to get around that except through bankruptcy. If anyone can think of another way I'd love to hear it. A realistic way, that is. I suppose the BoDs could come out with an upbest sounding PR to pump the share price up a bit and then they could sell some of their shares for a few hundred bucks, but one thing you won't see is a PR explaining how they're going to deal with their debt, and right now that's the biggest issue. It's the only issue.

Of course they will settle w/shareholders for 5 cents, sadsack. 5 cents total, maybe. Look, what you are failing to understand is that they won't be settling with the shareholders. Read the financial reports. They'll be settling with those they owe money to and that's it. That how it works with a public company.

You want me to do the math, eh bro? Okay. What is PSRUE's o/s now, about 350,000,000? That's 17 1/2 million dollars at $0.05 a share. Haha...last quarter they made a profit of -$7,163. In today's business climate money is exceptionally tight. No one will pay 17 1/2 million dollars for a company that not only can't make money, but actually loses money. They don't even have their own manufacturing facility. All the buyer would be getting for their 17+ million is a few faulty patents, a lot of debt and a bunch of irate shareholders. If anyone wanted what PureSpectrum has, why wouldn't they just go straight to the manufacture and make a deal, cutting out PureSpectrum altogether? Why bother including PureSpectrum? Even if someone saw something in any of the patents, wouldn't they be better off just letting PureSpectrum go bankrupt and buying the patent as the company is being sold off? And if that happened, don't expect much for the patents. It would be a miracle if the patents were bought for $500,000 and that money would go to paying off the vendors they owe money to. Not the shareholders. The following is from PSRUE's recent 10-Q:

"The Company has incurred net losses from operations of $5,109,113 for the six months ended June 30, 2010. In addition, at June 30, 2010, the Company has an accumulated deficit of $19,320,272 and negative working capital of $826,114."

PureSpectrum is almost $20 million in debt and those they owe that to are first to get paid through any liquidation process. In the most incredible case scenario they won't come close to reaching $20 million to pay their debts, much less having anything left over for shareholders. I'd be very much surprised if they were able to raise $1 million. No one will buy PureSpectrum. It's not worth taking over for free because they can't make money, but it's certainly not worth the $20 million in debt.

I'm afraid there's no way out of this for you, bro. You just lost your money and there's no way to get it back. That's the way it goes sometimes in the stock market. You should have listened to that ginchinchili character. Too late now.

Sure. Whatever. Looks to me like Purectum is down again. Today it's by 10%. You're are fast running out of falling room.

BTW, how come you aren't posting on the Yahoo board today? You must be going through withdrawal. I guess they finally heeded my call to have you banned. Good for them :O) Who's your daddy, sadsack? A smart man knows who they can mess with and who to best leave alone. You are not a smart man.

That's funny, sadsack. My sources tell me that they will soon be making a statement regarding the filing for Chapter 7 and my sources have been much more accurate than yours. However, announcing bankruptcy could include a statement on funding, though I doubt that you'll see a 2-5 cent pop, unless you're doing all the buying...LOL

Sadsack, do you wear a dress when you give your cheers?

If you have nothing left to lose, sure, why not. Until the stock can no longer be traded it can still move. Just beware. What a lot of people keep forgetting regarding this company is that Vanatta isn't the only one who's priority is making money. Weller and the other BoDs' #1 priority is to get as much money out of this as they can (and not go to jail :O) Since the BoDs are holding a lot of shares they could talk this stock up by a few pennies, sell off their shares over a period of time, then let 'er sink. In other words, I definitely wouldn't be buying any more shares no matter what is said about the company's future. From here on in it's a tap dance on thin ice.

There will be "investors" kissing up to this corpse until all traces of it are disintegrated. Some people just can't let it go. The habit of "believing" in this stock is too ingrained. The ego can do debilitating things to a person.

GOOD GOD! What will it take before you guys accept reality. Any of you who bought shares yesterday needs shock therapy. A serious investor would have walked away from this a long time ago. Those who remain don't understand squat about investing. Go to your nearest casino. The odds are better and it's a heck of a lot more fun. The fat lady has sung and is now leaving the building.

So, sadman, what on earth are you going to do with your 10 zillion shares of PureSpectrum now? Are you still hyping this fodder? Or have you finally seen the light? Your shares have lost more than half their value and are likely to decline further. You should have put that money into Vu1 like I suggested.

"if it seems to good to be true - it clearly is.....Somebody prove me wrong.....IMHO"

Vu1 (VUOC)

Let's hope so, because they don't have enough stock to use for paying debts to get through another year. They'll have to get money from somewhere. That will be the key development to look for. I hope UT isn't holding off on signing an agreement with PureSpectrum until PS goes bankrupt, where they could acquire the company for next to nothing. Something has to change and soon.

I agree that a merger w/UT is their last hope, though Lee Vanatta isn't in a very good position to negotiate on behalf of his investors. He can't expect UT to be willing to give more than the market is at this point. It's a hail Mary pass.

Yikes! The PureSpectrum's 10-Q might as well be their Last Rites. The few bulbs they sold cost them more than it made them. They made $9,671 in revenue but it cost them $16,834 to manufacture and ship. Can't make money like that. Sorry guys. It was a nice effort, but this story is over.

60,000 isn't too bad. If PSRU doesn't perform you won't be out too much (though I realize everything's relative) and if they survive and thrive you can make a nice profit.

This silence is for the birds. They need to come out and tell shareholders something. If they can't discuss the merger yet, then they need to share something else with shareholders, something regarding sales or the NYC trials, SOMETHING. Because we don't know for sure if a merger is in the works or if this product sharing deal is all that will come of the PSRU/UT relationship. I still tend to think something will come of the negotiations with UT. The question continues to be, what will it mean to the shareholders. If this potential deal with UT is the only thing PSRU has going for it and UT's business is relatively strong, then it probably doesn't bode well for shareholders. But the opposite is true as well. If PSRU's sales are strong and there's no problem with their dimmable ballast but UT is on their last leg, then PureSpectrum and their shareholders have the advantage. Good luck.

Too bad none of it's available except for the 20 watt bulb. They used to sell a twin pack of the 20 watt bulbs but now they just send you 2 bulbs, and they're calling that their 2 Pack...LOL. What kind of cheap fool's game are they playing? What good is advertising all of those products if they aren't available for purchase? Potential customers will go to the website, see products they want, try to order them, and find that none of them are available. What will they do? They will go somewhere else to get what they need and won't waste their time returning to PureSpectrum. That's just poor business planning. Of course, that's what we've come to expect from PureSpectrum. This company can't seem to do anything right. There's a good reason why the share price has dropped to a penny. There's no strategy behind their business plan and there can be no strategy behind investing in this company except maybe prayer.

I'm sure if anything came of the GSA listing we would have heard something by now. I would imagine companies have to have enough money to keep politicians happy in order to get on the GSA list. I'm afraid that excludes PSRU.

I'm certainly no corporate compliance expert, but it would seem to me that Lee Vanatta couldn't make a deal with UT that just shuts out the shareholders but benefits him. I would hope that the SEC considers such a move illegal. Another thing PureSpectrum shareholders have going for them is that LV and the PS directors all own a lot of PureSpectrum stock. I'm sure they'll try to keep the stock in play and try to keep it as valuable as possible.

Again, there are so many ways this "partnership" could go, including passing on the whole deal. The Energy Star approvals are good. I'd like to see more products made available to the public. And, of course, I'd like to hear something come out of the lighting efficiency trials being run in NYC. I just find it hard to believe that nothing is happening anywhere, but LV needs to open up to the shareholders and let them know what the helll is going on.

Congrats on the ES approval. Sadman, at what point does "those teens" cease to be a plus and become a concern? Can't make much money with a share price like that and it doesn't help PureSpectrum's bargaining position in their negotiations with Ultra-Tech. Thoughts?

The CC was very encouraging. They announced that they just received their first patent today, for their manufacturing process, and they have 11 patents pending. We will be able to buy the R30 before the year is out. And tomorrow Vu1 will be posting another video update showing the final version of the miniaturized R30. They have many entities inquiring about POs and one of the callers was a distributor who was ready to purchase. They were to talk with him after the CC. They are currently in talks with potential financiers. They stated that the financial arrangements they currently have with SAM & Full Spectrum will get them into manufacturing, expressing confidence that they will have additional funding in place by then. Expect to see another pop in the share price tomorrow (Thursday). It all sounds extremely promising.

The bulbs last a lot longer than Vu1's, but are a lot more expensive. Also, as you point out, they are targeting two different markets. The lighting market is gargantuan and there's plenty of room for many entities--companies and technologies. As I had previously mentioned, induction lighting uses non-gaseous mercury which makes it recyclable, though unless you have the infrastructure for recycling mercury, it really doesn't make much difference.

Apparently, there's a big market for induction lighting, and that will be important to UT (and possibly PSRU). This could be promising. I personally don't believe PureSpectrum is in very good financial condition so something like this could really make a positive difference. Hope so.

I had seen that clip. Good to know Mr. Krull is behind his product. Should hear something on the possible merger this week.