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Will post if I find anything out.
Think I got it:
BNYMellon Shareowner Services
Transfer Agent
Newport Office Center VII
480 Washington Blvd.
Jersey City, NJ, 07310-1900
201-680-4000
Find out tomorrow.
http://syndicate.otcmarkets.com/stock/EFOI/company-info
From 10-Q dated 5/12/11.
SHAREHOLDERS’ EQUITY
Preferred stock, par value $0.0001 per share:
Authorized: 2,000,000 shares in 2011 and 2010
Issued and outstanding: no shares in 2011 and 2010
— —
Common stock, par value $0.0001 per share:
Authorized: 60,000,000 shares in 2011 and 30,000,000 in 2010
Issued and outstanding: 24,647,000 at March 31, 2011 and 23,962,000 at December 31, 2010
http://marketbrief.com/filings/view.jsp?formid=7281731&secwatch
Still looking for TA #. But have been looking for the Authorized count as well. This was true a year ago.
Our shareholders increased our authorized shares of common stock from 30,000,000 to 60,000,000 at our Annual Shareholders Meeting held on June 16, 2010. Of the 60,000,000 authorized shares of common stock, approximately 22,930,366 shares are issued and outstanding as of June 29, 2010. An additional 8,269,196 shares have been reserved for issuance upon exercise of stock options and warrants outstanding and under our Purchase Agreement with LPC.
LPC has warrants good until 2014 at a price of .65 if I remember right. It's in the link.
http://marketbrief.com/filings/view.jsp?formid=7281731&secwatch
I will look. Thanks.
Did a minor search and didn't find the TA #. I know the company website investors section didn't have it. There was a gov. search site for TA numbers, but too lazy to create a membership to look it up. Do you happen to have it? Anyone else? I'll sure spend my dime to call.
Shares Owned by Insitutions 40.60%
Number of Institutions 23
Historical Data Current
Total Shares Held 10.08 Million
http://www.dailyfinance.com/quote/nasdaq/energy-focus-optics/efoi/ownership
Someone has been buying. Current institutional held shares 10.8 Million. Nearly 41% of the float is being held by institutions. Good sign IMHO.
Meaning, also, that the Float is a lot smaller then we were thinking.
Repost and reminder -
Press Release Source: Energy Focus, Inc. On Monday August 8, 2011, 9:30 am EDT
SOLON, Ohio, Aug. 8, 2011 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq:EFOI - News) a global leader in energy-efficient lighting technologies, will host a conference call on Monday, August 15, 2011 at 4:30 p.m. EDT (1:30 p.m. PDT) to review the 2nd Quarter 2011 financial results and other corporate events, followed by a Q & A session. Dialing 1-888-523-1245 (US and Canada) or 1-719-457-2652 (International/Local) can access the call. The conference ID number is 7538564. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins.
An instant replay of the conference call will be available through the investor relations section of the site http://www.energyfocusinc.com/investors/events/category/investors starting August 15, 2011 and will remain available for 3 months.
Posted at and stolen from the Yahoo Board. Haven't verified any of it nor going to defend it.
"IDK about very positive, but the company did make at least 8M in sales and obtained one contract beside two developement grants and a new product line in the second quarter. First quarter sales equaled little more than 5M, no p.r., no contracts, one grant, and one major shareholder reducing his position.
I beleive we are in good shape. Third quarter will include the latest navel contractual gains and the july grant. Will be a good year for all of us."
The future impact of the Navy contract is why I am here.
There are 16 of us now who have posted EFOI to My Stocks (up from 11 last time I looked) and 42 board followers which is down a couple.
So have a good weekend and here's to Monday.
P.S. I was wondering about the Space Shuttle thing.... LOL
Prchr
Forgot about the Perseids - it is August - that takes me back to the 60-s and begging my folks to stay up late. April Wine? I was awake for most of the 70's don't remember them. Nice guitar work though, good sound. Keep the YouTube's coming. Late 70's was McCartney and Blondie, oh and Rumours.
Great weekend back at you and see what EFOI has for us on Monday.
: )
Oh, well, flat for the day. Little bit of buying end of day - was hoping for more excitment. At least I am green over all.
Good morning. Expecting a good response, but anxious to see the markets interpretation of the upcoming conference call and the recent news. Time will tell.
Picking up new stuff as I can. Play with some young kids, they let me play bass with them - good guitarists. Play with a 70 +, he learned in the Air Force in the 60's - good lead. Mix of styles - lots of fun. EFOI
Solid day. Tomorrow will signal if anybody "knows" something. Not a chart expert at all, but the stuff I look at is showing bottom an up turn. Listened to some Johnny Winter - knew of but never paid any attention. Highway 61 - man I wish I'd been interested in music when I was young!
OT. Like Blues and slide - never could get the hang of using one though. That was fun. Sorry for being part of the fussin. Like good guitar, wish I'd started playing a lot younger. And EFOI is a solid play all IMHO.
I'll will bite my tongue. LOL
POS? And yet you keep playing in it. In Kansas we spread manure on the fields to grow corn. We don't sit around and play in it.
By the way, all the insider transactions since January. Only one guy. Who are all these insiders you keep talking about?
Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
Jun 27, 2011 GELBAUM DAVID
Other
3,965,000 Direct Sale at $0.40 per share. 1,586,000
Jun 17, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
3,500 Direct Sale at $0.42 per share. 1,470
Jun 16, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
7,800 Direct Sale at $0.42 per share. 3,276
Jun 15, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
20,000 Direct Sale at $0.34 per share. 6,800
Jun 14, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
2,500 Direct Sale at $0.51 per share. 1,275
May 6, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
8,000 Direct Sale at $0.70 per share. 5,600
May 5, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
8,500 Direct Sale at $0.70 per share. 5,950
May 4, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
16,000 Direct Sale at $0.74 per share. 11,840
Mar 31, 2011 GELBAUM DAVID
Director
18,000 Direct Sale at $1.15 per share. 20,700
Mar 30, 2011 GELBAUM DAVID
Director
24,500 Direct Sale at $1.13 per share. 27,684
Mar 29, 2011 GELBAUM DAVID
Director
80,000 Direct Sale at $1.25 per share. 100,000
Mar 9, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
86,200 Direct Sale at $1.14 per share. 98,268
Feb 25, 2011 GELBAUM DAVID
Director
150,000 Direct Dividend Reinvestment at $1.01 per share. 151,500
Feb 25, 2011 GELBAUM DAVID
Director
7,500 Direct Option Exercise at $1 per share. 7,500
Feb 24, 2011 GELBAUM DAVID
Director
6,500 Direct Sale at $1 per share. 6,500
Feb 23, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
23,300 Direct Sale at $1 per share. 23,300
Feb 22, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
6,500 Direct Sale at $1.01 per share. 6,565
Jan 31, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
42,000 Direct Sale at $1.01 per share. 42,420
Jan 18, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
41,300 Direct Sale at $1.06 per share. 43,778
Jan 14, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
68,500 Direct Sale at $1.05 per share. 71,925
Jan 13, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
15,000 Direct Sale at $1.01 per share. 15,150
Jan 5, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
2,000 Direct Sale at $1.06 per share. 2,120
Jan 4, 2011 GELBAUM DAVID
Beneficial Owner (10% or more)
12,500 Direct Sale at $1 per share. 12,500
There has been no mention of a RS, yet you bring it up. There has been PR'd a $23,000,000 contract with the Navy with $300Million potential. Why not talk about that. Also, the Q source is drying up with only 1 Million + left, it's all in the SEC filing if you want to look it up, otherwise it's been posted here. All these insiders selling, can you name, other than David Gelbaum, their names and how many shares they have sold. Should be in SEC filings.
How low do you two want EFOI to go before you buy in? Just curious. TIA
The company PR'd/announce this morning that it was set for the 15th. It's posted in the IBOX. All the earnings calendars were wrong.
FWIW, part of this morning was me at .005. Only part of my holdings and the intent is turn it around and come back. Putting together funds for another play. Long term sentiment is strong buy, but short term I think I can generate some cash and come back with more. Been holding for 2 1/2 years.
Energy Focus, Inc. Invites You to Participate in Its Second Quarter 2011 Earnings Conference Call and Webcast
Energy Focus, Inc. (MM) (NASDAQ:EFOI)
Today : Monday 8 August 2011
Energy Focus, Inc. (Nasdaq:EFOI) a global leader in energy-efficient lighting technologies, will host a conference call on Monday, August 15, 2011 at 4:30 p.m. EDT (1:30 p.m. PDT) to review the 2nd Quarter 2011 financial results and other corporate events, followed by a Q & A session. Dialing 1-888-523-1245 (US and Canada) or 1-719-457-2652 (International/Local) can access the call. The conference ID number is 7538564. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins.
An instant replay of the conference call will be available through the investor relations section of the site
Thanks for the update. Have a week then to see if there is a better point to add.
Thank you for connecting the dots!
Which would explain why I was finding both dates for EFOI at different Earnings calendars.
It's good. The whole thing is because someone made an allegation that the company was dumping. So you fight back with facts. If I have time I will attempt to call the TA and verify. You'd think in this situation the transaction would have been handled at then current market value. If it had been a private placement handled by the company out of authorized shares, the placement value would have been more important. But since it was just Open Shares trading hands it won't have much impact IMHO.
I have been following another stock which did a private placement that way for a specified amount just months ago which at the time was more then current stock price. The intent there was to raise capital for the company
None of the news articles said. If we dug up the sec files it might say.
SOLON, Ohio, July 7, 2011 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq:EFOI - News), a global leader in energy efficient lighting, today announced that Energy Focus, Inc. (the "Company") recently served as escrow agent for a four million share private placement of its common stock on behalf of The Quercus Trust ("Quercus"), of Newport Beach, California, its largest shareholder, and a group of investors.
Read it again. You are right, EFOI just helped with the transaction between Quercus Trust and the group of 12. Only privately held shares were sold. Wouldn't have been dilutive or cash raising at all. The article does state the company received no payment for the transaction. Again, a non-event.
In that case, no impact either way pro or con. A non-event proclaimed to be 'dumping.' Not an expert, but your take then is these were already part of the OS and it was a simple transaction between the one and twelve? Didn't find anywhere what the price was. Would be curious. Thanks.
Bought EFOI Thursday. Ran across it by accident - looks really promising. Haven't found anything that 'smells' yet. Thinking of adding next week.
So what that means is that 12 individuals saw enough potential in the company that they were willing to come up with enough cash to buy 3,965,000 shares in private placement shares, putting money directly into EFOI coffers, meaning EFOI has more cash to gear up for the Navy contract.
We will find out after the earnings release how much they raised.
IMHO and do your own DD and all that.
Energy Focus, Inc. Serves as Escrow Agent for Four Million Share Private Placement
Press Release Source: Energy Focus, Inc. On Thursday July 7, 2011, 9:30 am EDT
SOLON, Ohio, July 7, 2011 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq:EFOI - News), a global leader in energy efficient lighting, today announced that Energy Focus, Inc. (the "Company") recently served as escrow agent for a four million share private placement of its common stock on behalf of The Quercus Trust ("Quercus"), of Newport Beach, California, its largest shareholder, and a group of investors.
On June 29, 2011 Quercus reported in a Form 4 filed with the Securities and Exchange Commission that it had sold 3,965,000 shares of its common stock in a transaction that had closed two days earlier, and that after the sale Quercus continued to own 1,134,880 shares.
The Company served as the escrow agent for the transaction. The Company did not receive any compensation for it its services.
Twelve purchasers acquired shares from Quercus in the transaction. No purchaser ended up owning ten percent or more of the Company's common shares after the acquisition. Effective registration statements on SEC Form S-3 covered the sales of all of the shares.
OMG! OMG! 3,965,000 private placement! The sky is falling. The sky is falling. That would mean the OS would be around 28 M instead of 24M. Thats it folks, this bloated pig is done for. (dripping with sarcasm) Geez, Freakin, Louise! and LOL.
All the earnings calendars have 'unspecified' for time of release. There is a history of market close for several of the past EFOI releases. We will find out.
Energy Focus, Inc. (EFOI) Corporate Event Announcement Notice
2011/08/02 20:51:48
Aug 01, 2011 (Wall Street Horizon via COMTEX News Network) --
Energy Focus, Inc. (EFOI)
Expected next earnings release:
Announcement date: 8/11/2011 - Unspecified
Earnings Quarter: Q2
Announcement Status: Unconfirmed
(C) 2011 Wall Street Horizon, Inc.
The Earnings Calendar Company(sm)
All rights reserved
www.WallStreetHorizon.com
O'kay, this one says it's on the 11th. Anybody?
This is from MSN Money Earnings Calendar. They have a history of releasing after market close, which is all I have found so far. Checking all my available earnings calendars. Just a guess so far.
Yahoo calendar has "time not supplied."
8/8/11 - 8/14/11 Q2 2011 Energy Focus Inc Earnings Release
Date Event Title Time(ET) Listen
5/12/11 Q1 2011 Energy Focus Inc Earnings Release After Market Closes
3/31/11 Q4 2010 Energy Focus, Inc. Earnings Release Not Available
11/11/10 Q3 2010 Energy Focus, Inc. Earnings Release After Market Closes
8/12/10 Q2 2010 Energy Focus, Inc. Earnings Release Not Available
5/13/10 Q1 2010 Energy Focus, Inc. Earnings Release Not Available
3/31/10 Q4 2009 Energy Focus, Inc. Earnings Release Not Available
11/16/09 Q3 2009 Energy Focus, Inc. Earnings Release Not Available
8/13/09 Q2 2009 Energy Focus, Inc. Earnings Release After Market Closes
5/4/09 Q1 2009 Energy Focus, Inc. Earnings Release After Market Closes
Just know it's Monday, haven't seen or heard exactly when. Will do some checking and see if I can find anything.
Not worried about one guy selling - there were insiders buying as well. Trying to refute the "dumping" charge. Bashers are like flies and excrement. We start getting some posts and bang, one shows up. Whatever and LOL. EFOI
Net Share Purchase Activity
Insider Purchases - Last 6 Months
Shares Trans
Purchases N/A 0
Sales 1,160,900 30
Net Shares Purchased
(Sold) (1,160,900) 30
Total Insider Shares Held 8.68M N/A
% Net Shares Purchased
(Sold) (11.8%) N/A
O'kay, David Gelbaum sold off his position, all on Edgar. So, a total of 1,160,900 insiders shares sold in the last 6 months. Why he was selling, I don't know. Is probably regretting it now with the Navy contract. So, what's this about all this dumping?
EFOI has the most promise I've seen in a long time. Looking at a signed contract vs. maybe,s and could be's is way more encouraging. A double is easy, $12 would be life changing. Pretty much convinced myself to add more next week. GLTU
EFOI may be worth a look. 24M OS, 17M Float. Just announced signed contract for 23M with the Navy. Nasdaq listed, earnings release on Monday the 8th. Worth a look at. IHMO and FWIW and all that.
Clear out the short interest and regain some interested followers and EFOI at $1 plus seems pretty easy. There are some boards here that only follow Nasdaq listed stocks, not spamming to just pop in and say take a look. EFOI should run on it's own merit. IMHO