Pure Spectrum Lighting (PSRU)

[buyfear]

Going back to the EDS interview on 10/23.

Vanatta: The Company currently holds between 15 and 20 patents, patent applications and provisional applications. Our engineering and legal are continually developing and filing both for revenue producing opportunities and intellectual property protection.

Vanatta: PSPM is projecting revenue and profitability in 2009 and solid earnings per share number in 2010. We will be presenting a full outlook at the annual meeting on November 13 and we believe our shareholders will be pleased.

EDS: We understand that the Company is working on moving its stock to the AMEX exchange. How is the process going and when do you expect this move to be official?

Vanatta: The process is moving ahead very well. It is an intensive process but it is something that Bill Norton and I have strived for since the company’s inception. We want to be the model of transparency and corporate responsibility. We believe we will join the ranks of fully reporting companies in the first or second quarter of 2009.

I agree that with the number of patents that PSPM is holding obviously could be slowing the process. The Amex might not happen until 2nd Qtr of 2009 but PSPM you would think would move to the OTCBB in the near term. The shareholder meeting next Thursday hopefully will give us a definitive view as to what is happening with PSPM. Lee has a chance to calm a lot of nerves next week hopefully he will deliver.