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Tuesday, 07/15/2014 5:22:14 PM

Tuesday, July 15, 2014 5:22:14 PM

Post# of 2095
This is from a share holder whom went to the meeting today.Looks like some positives here!



Just got back…I really do not know where to start. First up Joe ,the USS GERALD FORD designs are set in stone no matter how antiquated that may be , so EFOI is not suppling that particular project. however it does get added to the retrofit list. Secondly the recent announcements PR greatly understate the potential revenue ,the real-estate management company manages 4000 buildings with millions of tubes . The PR on Wayne university was to highlight the first university to embark on LED retrofit and bring notice to entering the market. James made a point of saying EFOI will not give PR on contracts won, but let the results speak for themselves. That said he showed a slide of current customers including many hospitals including the Cleveland Clinic,6 of the top 16 ESCO providers including Johnson Controls. One of the most interesting comments by James Tu was that the military portion of EFOI can sustain the companies profitability almost alone.. leaving the company able to aggressively pursue other markets. Less

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