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Re: None

Monday, 01/07/2008 2:39:15 PM

Monday, January 07, 2008 2:39:15 PM

Post# of 8740
Information from another poster......

regarding Sequiam product "issues".

I would prefer to take the company's words over your speculation and conjecture.. as Chris & Robert alluded to on the call, there are already some TrueValue, Ace Hardware stores and of course Home Depot stores that have the kwikset lock.. however not ALL of the locations within each company stock the locks.. they stated that they had hoped to achieve a wider distribution, but as yet, have not.. and this would not be achieved until the "issues" have been worked out..

Speculation on what those issues are is conjecture.. but if they had been worked out, then surely the company would have PR'd a follow-up to let shareholders know that a green light had been given for wider distribution.

You have provided NOTHING thus far to suggest that the issues have been overcome. A link to one website with a TrueValue or Ace Hardware logo does not prove that the lock is in ALL the stores.. Robert and Chris even said it, you cannot walk into just ANY Home Depot, True-Value or Ace Hardware store and get the lock.

I visited two Home Depot stores this weekend and only one of the two carried the lock.. You'd think that if it had been wildly successful, as you claim, then ALL Home Depot stores would carry it. After all, why would they wait 6 months to make that happen?!?!? Black and Decker, or Home Depot and others obviously had some concerns or they would have moved forward with a wider rollout.

Please provide PROOF.. SOLID FACTS to support your assertion. Perhaps and e-mail from the company with a statement to support what you're saying? With a name/contact info that we can follow-up with.
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