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Wednesday, July 07, 2010 12:40:26 AM
This company has a complex situation and history. Sure, in the past we watched some pumping and excitement push this stock up and over .01 earlier this year. I feel that those days are behind us. The retail deal is not going to excite nearly as many people as the initial release of this bulb's advertising in the Fall/Spring.
The company released poor numbers on their FINS and diluted along the way. This is holding a lot of the money on the sidelines. This company will need to show consistant clearing of debt and improved profits from the sales of this product. Until sustained growth is experienced, you will not see this stock jump up quickly any time soon.
Sure, the retail deal is nice, but it has to produce true revenue to prove it really is the saving grace needed for this company.
just my opinion
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