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Yep, he has his momentum slower/slayer reputation to maintain. Sooner or later, we'll catch him napping again...
NP- Jeff Clark became the new Vice President of Administration last month. -Links in IBOX
PureSpectrum, Inc. Expands Corporate Structure in Preparation for Licensing Agreements
Jun 19, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=870606
--Jeff Clark background, Post #32
--25 of the Most Influential People in Southeast Tech, part 3: November 21, 2007
http://www.techjournalsouth.com/news/article.html?item_id=4314
http://www.aurorafunds.com/team/clark.html
I thought the point I was trying to make was clear. PSPM is traded very tightly and makes big moves on little volume activity. We now know that I was wrong in estimation and the float is actually a little more than 50% of outstanding, I posted the #s the following day. The TA was "gagged" when I called and I have not been able to sign-up for information on the shareholder portion of their website.
"Posted by: abnpayne Date: Friday, July 11, 2008 4:30:06 PM
In reply to: abnpayne who wrote msg# 67 Post #71 of 76
Yesterday, I overlooked figures posted on PS. I did not notice the info was from 30th of June and now includes float.
Estimated Market Cap
14,679,697 as of Jul 10, 2008
Outstanding Shares
123,128,192 as of Jun 20, 2008
139,806,637 as of Jun 30, 2008
Authorized Shares
900,000,000 as of Jun 30, 2008
Number of Share Holders of Record
240 as of Jun 12, 2008
Float
76,437,400 as of Jun 30, 2008"
There has been a lot of information given in the last few weeks, been busy lately and I missed that one. Sounds Great!
Sorry to call you out, since your account hasn't been active for a while, I was just trying to keep things on point, and quell unfounded pumping.
Yesterday, I overlooked figures posted on PS. I did not notice the info was from 30th of June and now includes float.
Estimated Market Cap
14,679,697 as of Jul 10, 2008
Outstanding Shares
123,128,192 as of Jun 20, 2008
139,806,637 as of Jun 30, 2008
Authorized Shares
900,000,000 as of Jun 30, 2008
Number of Share Holders of Record
240 as of Jun 12, 2008
Float
76,437,400 as of Jun 30, 2008
Read everyone's posts with caution and treat as...
Great little EOD run. I guess folks wanted to add a little before next week's investor's showcase began. Lots of moolah to be raised in NY and ATL. I'm sure Mr. Clark has an impressive rolodex.
Chart sets the table nicely for new prospects and money flow has now turned towards positive.
Read everyone's posts with caution and treat as...
FYI- Transfer agent is gagged, which is to be expected at this phase.
I am not the type that pesters for share structure often, but given the change of agents, new hires/consultants and spurts of PRs I thought I'd check. I was told to contact PSPM directly.
-Even though PS.com, was updated on Jun 20, I believe that there is a 30 days window for reporting figures. (# came from old TA anyway)
Judging by movement and volume, IMO the float is still tiny (by %). So shorts... be nimble. Longs, rest easy as company still keeps 80% or more possible shares away from the market. This capital discipline keeps the PPS gain potential huge after a deal is made.
GLTY
Read everyone's posts with caution and treat as...
Dimmer Switches have nothing to do with Purespectrum. All references to switches contained in Purespectrum's patents or applications are located within their ballasts or bulbs.
I hope that e-mail made no inferences to PSPM. In the future please document/support your speculation.
If you believe that source and information to be correct, Cooper Industries, Ltd. (Public, NYSE:CBE) is were I'd position. http://www.cooperlighting.com/
Read everyone's posts with caution and treat as...
It has to do with float which is relative to insider holdings and the conditions of their capital raising activities.
Float (Free Trading)
http://www.investopedia.com/terms/f/float.asp
Restricted Stock
http://www.investopedia.com/terms/r/restrictedstock.asp
Private Placement
http://www.investopedia.com/terms/p/privateplacement.asp
Quote from 07 Annual report
"As of the end of our fiscal year, December 31, 2007 we had 54,948,715 shares of common stock issued and outstanding, held by approximately 222 shareholders of record. There were 653 beneficial owners. Of the 54,948,715 issued and outstanding, 24,896,203 were free trading."
Being a PS stock, there is little to no required disclosure on financing. There is typically only a blunt FYI on annual reports.
Say a hypothetical private financing block sell (simplest transaction) is made at a discounted rate of 50% on a (0.02 avg PPS) in February. The sale immediately yields the company $200,000 in return for 20M shares.
The company, to protect the stock price, places restrictions on the 20M shares. The new shares may not be traded until a specified date, days pass, or price per share (PPS) reaches a certain amount.
It is a legal transaction; so there are many variations, and any kind of stipulation can be made.[half free when X occurs - rest when Y occurs, only to be sold on Fridays which are the 13th:), etc]
This is definitely normal. FYI, R&D companies that are expecting a significant boom, like PSPM, may have a six month holds or more.
In previous interviews, Vanatta has stated annual operating costs in the R&D phase of only ~$1M annually. Due to the high caliber of new hire/consults, the costs associated with the addition of Mr. Clark, services of Alston + Bird LLP and "engagement" or Deemer, Dana and Froehle LLP will rightly be substantial. So, we'll immediately see the admin costs rise 70% or greater IMO. Which brings PSPM back to capital raising until a deal is done. (Note change in issued since Dec.)
Hope this helps.
ABN
Read everyone's posts with caution and treat as...
I think the hush hush, put up or shut up period is upon us. The PPS is at same levels as many months ago, now there are more patents and stronger talk of major negotiations.
The licensing figures, and contracts will be great to see. Tomorrow, next month, whenever is fine by me.
I hope we all see great gains again, regardless of entry point.
As PSPM trends to whatever level you want to buy/rebuy/add etc. keep two things in mind. There are lots of shares picked at .015-.025 Secondly, after HUGE 600% to 1000+% gains not many of those same cheap shares have traded hands. (Some of mine did!)
The multi-million dollar question is: Are inside holders and keen DDers waiting for a much higher PPS or is there some restricted status on the majority of the shares? I'll work this week on the later part of the question and share the results.
GLTY
Read everyone's posts with caution and treat as...
Ok, not seeing the forest for the trees. The left side, in that chart's case is just a long less dramatic wall/downward slope. TYVM. Have a great weekend.
Read everyone's posts with caution and treat as...
Mods: A couple charting questions. Is there any significance to a left side handle on a cup formation? Thx
PSPM board
http://investorshub.advfn.com/boards/board.aspx?board_id=9222
Read everyone's posts with caution and treat as...
Skippidy do da! Chart still looking awesome. Glad for your gains.
Stockcharts.com coverage added today. I know their site is widely used by those proficient. Thanks to all for the help. ABN
____
Thank you for your recent symbol request.
Based on your suggestion, we have added [PSPM] to our charting database:
http://stockcharts.com/h-sc/ui?s=pspm
Thanks for using StockCharts.com,
StockCharts Support
support@stockcharts.com
http://stockcharts.com
Alias Born On: Thursday, March 13, 2008
Read posts with caution :)
Berry Nice! Thanks again for the resource links last month.
http://investorshub.advfn.com/boards/board.aspx?board_id=9222
Alias Born On: Thursday, March 13, 2008
Read posts with caution :)
.<font color=RED>**Markewire News Archive May-June 20**
MoneyTV, Week of 6/20
Jun 20, 2008 05:00 ET
http://marketwire.com/mw/release.do?id=871167
PureSpectrum, Inc. Expands Corporate Structure in Preparation for Licensing Agreements
Jun 19, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=870606
Jeff Clark background, Post #32
25 of the Most Influential People in Southeast Tech, part 3
November 21, 2007
http://www.techjournalsouth.com/news/article.html?item_id=4314
http://www.aurorafunds.com/team/clark.html
PureSpectrum, Inc. Appoints Transfer Online, Inc. as Transfer Agent
Jun 17, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=869377
PureSpectrum President and CEO Lee Vanatta Featured on MoneyTV
Jun 16, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=868798
MoneyTV, Week of 6/13
Jun 13, 2008 05:00 ET
http://marketwire.com/mw/release.do?id=868256
PureSpectrum, Inc. Strengthens Position in Lighting Industry Through Appearance at LightFair International
Jun 11, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=867170
PureSpectrum, Inc. Prepared to Release Financial Statement for First Quarter
May 21, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=859198
Testing Confirms PureSpectrum's Ballast Technology Enables Linear Regressive Dimming for Linear Fluorescents
May 06, 2008 07:30 ET
http://marketwire.com/mw/release.do?id=852498
Another Great Day eh!? I too put some more coin in my pocket at lunch. Profit is profit, no such thing as free shares, etc, etc. GLTY
It would be greatly appreciated if you could request coverage for PSPM from stockcharts.com TIA
http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request
25 of the Most Influential People in Southeast Tech, part 3
November 21, 2007
TechJournal South selected 25 of most influential people in the Southeast technology and entrepreneurial space from nominations by venture capitalists, serial entrepreneurs, and tech related organizations in its Nov. print edition. We’ll be running a selection of them daily for the next few weeks. Today: Aurora Funds’ Jeff Clark; University of Florida’s David Day; and Wayne Jackson, CEO, Sourcefire.
Jeff Clark, Managing General Partner, The Aurora Funds, Durham, NC
DURHAM, NC—Jeff Clark, well-known to many in the venture and entrepreneurial community, co-founded The Aurora Funds with Scott Albert in 1994. While Albert himself is also an influential figure in the Southeast investment community, Clark is probably more visible at a variety of venture-related events in and out of the Research Triangle.
Clark works primarily with Aurora's life sciences portfolio. He pulls from his strategic planning and operational experience to help these companies create or refine business plans, build solid management teams, develop strategic partnerships and secure key customers.
Jeff currently serves on the boards of several of Aurora's life science portfolio companies, including Aldagen, Argos Therapeutics, Metabolon, and Regado Biosciences, assisting in the strategic direction of each.
Prior to forming Aurora, Jeff spent thirteen years working in development and external affairs for Duke University (including Duke Comprehensive Cancer Center, Duke Medical Center and the School of Engineering). Through Aurora, he hoped to close the gap between local universities and the venture capital community to facilitate the growth of life science companies.
Clark is chair of the NC Council for Entrepreneurial Development (CED) and the Overseers of the Duke Comprehensive Cancer Center, among others.
http://www.techjournalsouth.com/news/article.html?item_id=4314
http://www.aurorafunds.com/team/clark.html
PureSpectrum, Inc. Expands Corporate Structure in Preparation for Licensing Agreements
Lighting Technology Company Adds Personnel and Resources as Discussions Continue With Lighting Manufacturers
SAVANNAH, GA--(Marketwire - June 19, 2008) - Lighting technology company PureSpectrum, Inc. (PINKSHEETS: PSPM) has added personnel and expanded its corporate structure in anticipation of signing licensing partnerships within the lighting industry.
The company has appointed Jeff Clark to the position of Vice President of Administration, retained the law firm of Alston + Bird LLP for additional support in the area of intellectual property protection and engaged the CPA firm of Deemer, Dana and Froehle LLP to prepare a full valuation of the company's technologies. Additionally, veteran corporate attorney David Michael Conner, a partner in the law firm of Bouhan, Williams and Levy LLP in Savannah, Ga., has been appointed special counsel and an advisor to the board of directors.
PureSpectrum president and CEO Lee Vanatta said the additions to the corporate foundation fortified the company's infrastructure and augmented the company's resources, enabling PureSpectrum to continue its rapid maturation during ongoing discussions with prospective licensing partners for the company's breakthrough electronic ballast technologies.
"We understand that we are growing and evolving as a company, and we are committed to being thoroughly prepared for the next phase of PureSpectrum's development," Vanatta said. "We have received positive feedback and strong interest from several manufacturers, and we understand that there will be increased responsibilities financially and administratively once we have entered into a licensing agreement. The addition of Jeff Clark and the other relationships we have solidified give us the necessary staff and experience to continue aggressive pursuit of multiple licensing partners with the appropriate internal infrastructure in place."
Clark's previous experience includes more than 20 years as an executive level commercial lending officer for multiple financial institutions. He will be responsible for coordinating communication between PureSpectrum and its eventual licensing partners, managing communication between the company's engineering team and sales team and supporting the company's ongoing efforts to expand its patent portfolio protection.
PureSpectrum is an emerging technology company on the leading edge of technology developments to improve the performance capabilities of energy efficient fluorescent lighting. The company owns the rights to multiple patents and patents pending related to innovative, proprietary technology for electronic ballasts.
Go to www.purespectrumlighting.com or www.pinksheets.com for more information about PureSpectrum or to view PureSpectrum's full financial documentation through December 31, 2007. Call (912) 961-2980 with inquiries regarding PureSpectrum or PureSpectrum Technology.
ABOUT PURESPECTRUM
PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify more efficient energy solutions. PureSpectrum currently holds the rights to multiple patents and patent applications related to an electronic ballast design which would produce a soft switching environment during power conversion for artificial lighting. PureSpectrum will continue its commitment to researching, developing and refining ideas that will provide the most energy efficient, cost effective methods for powering artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum's products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum.
Media Contact
Stephen Weeks
(912) 356-5770
http://www.marketwire.com/mw/release.do?id=870606
I recognize your handle Thrill, so you probably added to my arsenal as well... ;)
Alias Born On: Thursday, March 13, 2008
Read posts with caution :)
Mikey, I want to thank you, Bill, BB, Rocket, Golden, HL, Taki and many others from the room for aiding in honing/polishing/developing my skills and boosting my confidence in my ablilty to make a sound play on my own.
I took profit this morning on my first true multi-bagger, PSPM.PK, after entering a while back without the false reassurance of massive Ihub boardmarks and highly marked posters, LOL...
Thanks again, look foward to joining you all back in the room when my schedule permits.
ABN
Alias Born On: Thursday, March 13, 2008
Read posts with caution :)
Glad to hear you were still in... This is the only pink I felt comfortable sleeping on for the last month since my schedule changed and I can not watch events daily/hourly. Kudos to us both...
What do you make of HDSN moving ask to .029 afterhours? I am pretty sure he's the CD maker for the company. 33% long is great, but not if its at the cost of another 163%. As they say, its not profit/loss until you sell. I guess tomorrow will tell...GL
Alias Born On: Thursday, March 13, 2008
Read posts with caution :)
PureSpectrum President and CEO Lee Vanatta Featured on MoneyTV
SAVANNAH, GA -- (MARKET WIRE) -- 06/16/08 -- PureSpectrum, Inc. (PINKSHEETS: PSPM) president and CEO Lee Vanatta will appear on nationally and internationally syndicated television program MoneyTV.
MoneyTV is a financial program that broadcasts weekly on cable networks into 70 million U.S. households and more than 100 million households worldwide. The show highlights emerging public companies and features interviews with company executives conducted by hosts Donald Baillargeon and Skip Lindeman.
The show provides insights into current events, operations and upcoming developments for featured companies while offering viewers the opportunities to request more information. Vanatta's interview with Baillargeon explains PureSpectrum's position within the lighting industry and details the company's most recent technology advancements.
The show featuring PureSpectrum began airing on Saturday and will air throughout the week. A complete listing of times and air dates for MoneyTV is available at www.moneytv.net.
"This is a tremendous opportunity for us to share our story and our unique approach to developing lighting technology with millions of people," Vanatta said. "MoneyTV viewers will hear that PureSpectrum's technology is ideally suited for the transitional period being experienced within the lighting industry."
The video of Vanatta's interview is available at www.moneytv.net and will be posted at www.purespectrumlighting.com.
Go to www.purespectrumlighting.com or www.pinksheets.com to view PureSpectrum's full financial documentation through December 31, 2007. Call (912) 961-2980 with inquiries regarding PureSpectrum or PureSpectrum Technology.
$0.065 Change:0.044 (+209.52%) Volume:905,350 WooT!
The only silver lining is that the appeal is against a summary judgment/finding, which to the best of my knowledge, cited no specific precedents in the decision.
Do the math, just like the highly touted election percentages there is a story to be told...
With a float of near or greater than 650M. Today's volume traded of 4M was only ~.0064% of float.
The low volume means shareholders are comfortable/happy with news and believe PPS will go higher. Buyers are in put up or shut up mode, waiting to see if they can get a better deal on entry price. Also likely that buyers are waiting on confirmed court decision. With an early closing or favorable decision, this tactic may find them outside of a run in the near future.
Oh yeah, whacha think of this post? :)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=2931091
Hopefully these updates are "let loose."
SCOTTSDALE, AZ, Apr 03, 2008 (MARKET WIRE via COMTEX) -- PetroSun, Inc (PINKSHEETS: PSUD) announced today the following corporate updates.
The Company is committed to filing all financial documents through December 31, 2007 during the month of April. This will allow the company to become compliant with regards to our financial reporting. The financial reports for the first quarter of 2008 and subsequent periods will be filed on a timely basis to allow the Company to achieve a fully reporting status.
The Company website is undergoing an update and should be completed within the next ten days. The modifications will include expanded coverage of our algae-to-biofuels division, including videos and photographs of the algae farm operations. The website will remain online during this process.
FYI- Updated cost of sales column/advertising will include...
Independence Bowl Foundation, Inc.
Notes to Financial Statements
February 28,2007
8. Title Sponsorship
The Foundation reached a title sponsorship agreement with PetroSun, Inc., which commenced August 1, 2006 and shall expire January 1, 2009. The agreement includes the 2006, 2007, and 2008 presentations of the Bowl. The sponsor may extend the terms and conditions to cover the 2009,2010, and 2011 presentations of the Bowl.
Total title sponsorship revenue received during the year ended February 28, 2007 was $520,000.
The following is a schedule by year of future minimum receipts under the title sponsorship
agreement:
2008 $ 980,000
2009 950,000
Total $ 1,930,000
http://app1.lla.state.la.us/PublicReports.nsf/8408B1554849E09C86257354004B69CD/$FILE/00001611.pdf
Page 13 of 24
Thanks, I could be spot on, or it may a deep research stretched conspiracy theory. I readily admit that sometimes I research way to deep, if there is such as thing. Time will tell...
That wouldn't surprise me. Nor would an announcement down the line, after closing, that Isaacson Steel will be doing the structural modification to the plant.
"Bertrand, a city native and a project engineer at Isaacson Steel, has also served on the city's water works commission."
http://www.unionleader.com/pda-article.aspx?articleId=7cf62d8a-a263-4c4a-a375-377a4bda1526
I think the more vocal elected opposition is two pronged.
1. Strong arming to ensure Issacson's inclusion in the project.
2. To avoid Laidlaw's entrance altogether and build a casino, still citing difficulty in bringing in new business.
Don't forget the Mayor's Bertrand's calling was to save the skyline of Berlin. From both projects. I ask, who do you think would have been a major contractor for the failed casino proposal? The same folks who helped bring this to rural CT's skyline.
http://www.isaacsonsteel.com/Issi/Foxwoods.pdf
"Don’t count the casino gambling bill – or Lou D’Allesandro — out just yet." May 9, 2008
http://nhbr.com/apps/pbcs.dll/article?AID=/20080509/POLITICS01/806430015
http://www.casinocitytimes.com/news/article.cfm?contentId=171769
Likely why Bass is involved as Laidlaw's rep...
Top Contributors
Charles Bass 2003 - 2004
Isaacson Structural Steel $5,000
(other years 5,000 is not in top list)
http://www.opensecrets.org/politicians/contrib.php?cid=N00000423&cycle=2004
http://www.city-data.com/elec/elec-BERLIN-NH.html
Assistance Search Results
(FY 2006)
Fisccal Year: 2006
Federal dollars: $100,000
Total number of recipients: 1
New Hampshire 2 (Charles F. Bass) $100,000
Top 10 Recipients
ISAACSON STEEL INC $100,000
http://www.fedspending.org/faads/faads.php?reptype=r&detail=-1&datype=T&sortby=t&maj_agency_cat=73&database=faads&recip_id=414987&fiscal_year=2006&record_num=f500
OT- An IHub TOU refresher is also needed... It's free and I hope you are soon enrolled by Matt and co.
SDG: Stocks on the move for Wednesday May 7, 2008
May 07, 2008 (M2 PRESSWIRE via COMTEX) -- PureSpectrum, Inc. Surges Upwards +27 % This Week On Major Product Development
Atlanta, Georgia- May 7, 2008; PureSpectrum, Inc. (Pinksheets:PSPM) continues to build momentum and investor interest as the company yesterday confirmed the test results of the testing done on their newly developed "dimmable ballast technology" for fluorescent light bulbs conducted by the Independent Testing Laboratories , which is a NVLAP-certified facility in Colorado.
The tests concluded and affirmed data that the PureSpectrum, Inc. proprietary "dimmable ballast technology" enabled a 320-watt T8 linear fluorescent to dim without performance losses from 100 percent of perceived light output to five percent of perceived light output in five percent increments.
Given the fluorescent lighting dominates the general lighting market and is expected to expand its market share as new technologies are developed to improve energy efficiency, affordability and performance. With more than a billion electronic fluorescent ballasts in use in the United States alone, the electronic ballast market already exceeds $10 billion per year and more than one hundred million new electronic ballasts are produced each year.
Shareholder Development Group announced coverage of PureSpectrum, Inc. on April 17, 2008. "We continue to believe PureSpectrum(Pinksheets:PSPM) is on the cutting-edge of new and innovative product development for their industry that is yet to be reflected in the valuation of the stock price", said Shareholder Development Group CEO, Tony Golden.
_________________________________________________
Recent News on PSPM
Testing Confirms PureSpectrum's Ballast Technology Enables Linear Regressive Dimming for Linear Fluorescents.......
Shareholder Development Group: Announces Coverage of PureSpectrum, Inc..
Atlanta, GA, Apr 15, 2008 (M2 PRESSWIRE via COMTEX) -- Shareholder Development Group announced today their following of PureSpectrum, Inc..(Pinksheets: PSPM).
"The recent new business developments at PureSpectrum, Inc. are such that we believe investors worldwide will want to know more about this exciting cutting edge company," says Shareholder Development Group CEO Tony Golden.
"Our growth and recent business developments dictate that we work with the leaders in Investor Relations and Shareholder Development Group will provide us with a professional and ethical means of communicating our story to investors worldwide" commented Lee Vanatta, President & CEO of PureSpectrum, Inc.
For more in-depth information, PSPM will be featured on our family of investor websites and for more information visit www.shareholderDG.com or the company website at www.purespectrumlighting.com. _______________________________________________
PSPM news from TODAY 4/15/2008
PureSpectrum, Inc. Ready to Introduce Technology for Affordable High Performance Dimmable Ballast for Linear Fluorescents
Circuitry Engineered to Produce a Cost Effective Dimmable Ballast for Linear Fluorescent Bulbs
SAVANNAH, GA, Apr 15, 2008 -- Following discussions with multiple global lighting manufacturers, PureSpectrum, Inc. (PINKSHEETS: PSPM) has completed independent testing to confirm performance benefits for linear fluorescent bulbs provided by the company's dimmable electronic ballast technology.
The tests were conducted at an independent, non-affiliated facility in Colorado, and the data affirmed that PureSpectrum has created a dimmable electronic ballast circuitry which is applicable for any fluorescent design and features very high power factor correction with no loss of light output. Additionally, the company's innovative circuitry topology enables PureSpectrum's electronic ballast to perform comparably or outperform brand name linear fluorescent ballasts. PureSpectrum's ballast contains significantly fewer electronic components, and the cost to manufacture the PureSpectrum ballast is expected to be much lower than a conventional dimmable ballast.
Further testing is ongoing which is expected to provide data to confirm that PureSpectrum's ballast enables a linear fluorescent lamp to dim in linear regression like an incandescent bulb. Based on the positive outcome of the most recent testing series, PureSpectrum executives expect to continue discussions with lighting manufacturers with the objective of developing long term global relationships.
"We have proven definitively that complex circuitry and components are not necessary to build dimmable ballasts for linear fluorescents," said PureSpectrum president and CEO Lee Vanatta. "Our unique circuitry is transferrable to all platforms of fluorescent lighting and essentially doubles the relevant market size for PureSpectrum's technology. Throughout the development process, we have strived to produce more from less and to simplify rather than complicate. By removing non-essential components and wiring without sacrificing performance quality, we have made it possible to produce affordable dimmable linear fluorescents." Linear fluorescent lighting is the most prevalent product for lighting commercial and other non-residential settings, but until now the high retail cost of dimmable ballasts prohibited the widespread adoption of dimmable linear fluorescent bulbs. Until recently, linear non-dimmable fluorescent bulbs were powered by inexpensive and inefficient magnetic ballasts, but the U.S. Federal Minimum Energy Standards enacted for fluorescent lights by the U.S. Department of Energy has forced the commercial lighting industry in the U.S. to shift rapidly toward more energy efficient electronic ballasts.
One currently available brand name electronic ballast for linear fluorescents retailed for more than $100 per unit, containing hundreds of components and multiple cores wrapped with expensive copper wiring. PureSpectrum's ballast model contains only 31 components and very little copper wiring, leading to a low production cost as well as fewer potential circuitry problems which could negatively affect performance and longevity.
PureSpectrum is at the leading edge a wave of innovation in the rapidly growing $10 billion electronic ballast industry driven by the increasingly urgent demand for improved energy efficiency. Manufacturers attempting to retain brand loyalty have already begun the search for new technologies which will meet the price points and performance standards of an increasingly impatient consumer population. Additionally, PureSpectrum's ballast technology could encourage the continued development of emerging technologies such as light and occupancy sensing by making it possible for these technologies to be manufactured cost effectively and become an affordable option in the mainstream marketplace.
"We are introducing simplified circuitry which will make electronic ballasts for linear fluorescent bulbs less complicated and more affordable to manufacture," Vanatta said. "We know changing marketplace conditions have created a need, and we responded with a viable technological solution. The challenge now is to partner with the right lighting manufacturer that realizes this technology needs to be transitioned from lab into the marketplace." Please call (912) 961-4980 for more information about PureSpectrum, Inc. or visit www.purespectrumlighting.com to see a short video featuring PureSpectrum's dimming technology compared to commercially available dimmable CFL bulbs. Please contact Equiti-Trend Advisors LLC at (800) 953-3350 for investment information. ________________________________________________________________________ _____________ About PureSpectrum Inc..
PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify energy efficient lighting technologies which also meet consumer standards. PureSpectrum currently holds the rights to multiple patents, patent applications and patents pending related to electronic ballast technologies designed to make energy efficient lighting products more popular among consumers through improved performance. PureSpectrum is committed to researching, developing and refining ideas that will provide the most energy efficient, cost effective and consumer friendly methods to deliver artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum's products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum.
Media Contact Stephen Weeks (912) 356-5770 ________________________________________________________________________ About Shareholder Development Group- About Shareholder Development Group Shareholder Development Group(SDG), LLC is a company that produces investor awareness campaigns on behalf of up and coming and often overlooked publicly traded companies for a fee. SDG owns and operates a platform of cutting- edge websites which showcase public companies and delivers their company's story to the worldwide investment and media community in various formats, (see www.ceoworldreports.com and www.shareholderDG.com, www.OTCVoice.com ) ranging from WebTV to video emails to online investor conferences to audio and streaming video interviews, among many others. SDG and their wholly owned properties(websites) are fast becoming one of the world's top Internet destinations for both investors and companies in the micro and small cap stock universe. To feature your company, or learn more about our clients please contact the company at 770-518-3449 or email info@shareholderDG.com. Disclosure: Shareholder Development Group has been compensated for certain services including this release.
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Testing Confirms PureSpectrum's Ballast Technology Enables Linear Regressive Dimming for Linear Fluorescents
Independent Testing Confirms That Cost Effective Circuitry Can Provide Full Range of Light Output
SAVANNAH, GA--(Marketwire - May 6, 2008) - Tests recently conducted by an independent lighting laboratory have definitively confirmed that dimmable ballast technology designed by PureSpectrum, Inc. (PINKSHEETS: PSPM) enables uninterrupted linear regressive dimming for linear fluorescent bulbs.
The tests were performed at Independent Testing Laboratories, a NVLAP-certified facility in Colorado, and produced data which concluded that PureSpectrum's proprietary ballast technology enabled a 32-watt T8 linear fluorescent to dim without performance losses from 100 percent of perceived light output to five percent of perceived light output in five percent increments.
Before PureSpectrum began rigorously and thoroughly testing its dimmable ballast for fluorescent light bulbs earlier this year, there was no standard test used to measure the performance of dimmable fluorescent bulbs. PureSpectrum's advanced technology team created the framework for testing designed to accurately determine the dimming capability of fluorescent bulbs and successfully employed the test to verify performance for the company's ballast with both compact fluorescent bulbs and linear fluorescent bulbs.
"The results from tests commissioned during the past four months are critical to PureSpectrum's plan for revenue generation as well as the company's long term goal of establishing a solid reputation for providing high quality technology solutions for the lighting industry," said PureSpectrum president and CEO Lee Vanatta. "Our ability to license this technology and continue our development process depends on proving with absolute certainty that this dimming technology platform is viable for fluorescent lighting. In multiple rounds of testing using both compact fluorescent and linear fluorescent prototypes, the data allows us to state unequivocally that PureSpectrum technology is a strong technological alternative for fluorescent lighting manufacturers."
While PureSpectrum's ballast has performed seamlessly during independent testing on prototypes, the most appealing feature of PureSpectrum's dimmable ballast design may ultimately be the cost to manufacture. Dimmable ballasts for linear fluorescent light bulbs can contain as many as 150 electronic components and sell for more than $100 per unit in some cases, but PureSpectrum's circuitry only requires 31 components. By comparison, PureSpectrum's dimmable ballast is operated by approximately the same number of parts found in non-dimmable ballasts for linear fluorescents which are sold for approximately $20.
"Our expectation is that a manufacturer that licenses PureSpectrum's technology will be able to reposition their product line with improved performance at a better price," Vanatta said. "Our ballast model performs as well or better than dimmable ballasts for fluorescents on the market today, but it should cost significantly less to make. We feel strongly that we are offering the means for a fluorescent lighting manufacturer to gain a competitive advantage and a product differentiator in one technological package."
Fluorescent lighting dominates the general lighting market and is expected to expand its market share as new technologies are developed to improve energy efficiency, affordability and performance. With more than a billion electronic fluorescent ballasts in use in the United States alone, the electronic ballast market already exceeds $10 billion per year and more than one hundred million new electronic ballasts are produced each year.
Please call (912) 961-4980 for more information about PureSpectrum, Inc. or visit www.purespectrumlighting.com to see a short video featuring PureSpectrum's dimming technology compared to commercially available dimmable CFL bulbs. Please contact Equiti-Trend Advisors LLC at (800) 953-3350 for investment information.
ABOUT PURESPECTRUM
PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify energy efficient lighting technologies which also meet consumer standards. PureSpectrum currently holds the rights to multiple patents, patent applications and patents pending related to electronic ballast technologies designed to make energy efficient lighting products more popular among consumers through improved performance. PureSpectrum is committed to researching, developing and refining ideas that will provide the most energy efficient, cost effective and consumer friendly methods to deliver artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum's products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum.
http://www.marketwire.com/mw/release.do?id=852498&k=pspm
Nice Board, after a discussion with a few trading associates I'm looking into options. Checking todays big gainer ENER's options after surprise earnings definitely has peaked my interest.
ENER May 40 Call OPRA: +EQIEH $10.20 up 9.74 (2117.39%)
ENER May 35 Call OPRA: +EQIEG $15.00 up 12.99 (646.27%)
Now I get my learn on...
Brian Kistler, New Opportunity Business Solutions. Guru of Mid-USA Pinks. He is how I found the case.
"We know who is drudging this stuff up" Really? You know me?
I was DDing EESO's new IR guy, same as ADCS.
Google "ADVANCED CONTENT SERVICES v."
Your Welcome.
Castro v. Advanced Content Services, Inc. et al
Plaintiff: Andy Castro
Defendant: Advanced Content Services, Inc. and Privada Inc. f/k/a Netco Investments
Case Number: 2:2008cv00329
Filed: March 11, 2008
Court: Nevada District Court
Office: Las Vegas Office [ Court Info ]
County: Clark
Presiding Judge: Judge Kent J. Dawson
Referring Judge: Magistrate Judge Lawrence R. Leavitt
Nature of Suit: Other Statutes - Other Statutory Actions
Cause: 28:1391 Personal Injury
Jurisdiction: Federal Question
Jury Demanded By: Plaintiff
Amount Demanded: $999,999,000.00
http://dockets.justia.com/docket/court-nvdce/case_no-2:2008cv00329/case_id-58951/
Who is Andy Castro and why does he want a billion?
If Castro is a known person, I may check Pacer and see what up.
Castro v. Advanced Content Services, Inc. et al
Plaintiff: Andy Castro
Defendant: Advanced Content Services, Inc. and Privada Inc. f/k/a Netco Investments
Case Number: 2:2008cv00329
Filed: March 11, 2008
Court: Nevada District Court
Office: Las Vegas Office [ Court Info ]
County: Clark
Presiding Judge: Judge Kent J. Dawson
Referring Judge: Magistrate Judge Lawrence R. Leavitt
Nature of Suit: Other Statutes - Other Statutory Actions
Cause: 28:1391 Personal Injury
Jurisdiction: Federal Question
Jury Demanded By: Plaintiff
Amount Demanded: $999,999,000.00
http://dockets.justia.com/docket/court-nvdce/case_no-2:2008cv00329/case_id-58951/
Who is Andy Castro and why does he want a billion?
If Castro is a known person, I may check Pacer and see what up.
I'll also post this on Netco Investments (Pink Sheets: NCVT) board, they may be more familiar.
Nice, this is interesting enough to push off sleep for another hour. Was going to watch Conan O'Brian anyway.
It'd be easy enough to find if PSUD went ahead and paid Pinksheets, but noo they have to be all quiet and stuff.
Shameful... Chart was definitely primed for a breakout.
Check post 1359, I like the way that guy thinks (just a little slow):) Nice to know I was ahead of the power curve at least once... (patting self on back)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28568274