CEA Industries Inc. (CEAD)

[Steponit]

You do realize that this 10K is for the full year ending on December 31st, 2015. It is now April 13th. The changes they talked about making (getting out of the installation process where expenses are high and profit margins are low) have been in force now for many months. There have been many changes with the company since December 31st, 2015. So this 10K is basically old news.

The things I see that look good are that they have a lot of inventory of parts and supplies, which means to me that they have a lot of orders for reflectors in the works. They also have a lot of deferred revenue (waiting for payments on things that are done or almost done). They have 35 employees. If this was a scam, they would have two employees and a lot of hype. What I see is a business that's growing very rapidly with expanding revenues, and they're working towards increasing their profit margins. All startups like this need cash to operate. They invested a lot of it towards R&D. Now it's time for them to start reaping the rewards by selling their products in what is one of the fastest growing industries in the country. So I'm in!