Vu1 Corporation (fka VUOC)

[flybucks]

hey Bull.... I reread the last news release and although VU-1 may be sending a complimentary 1st generation bulb sooner I am certain they're not sending out the 2nd generation bulbs until March 23....have I misread the announcement?

Also, can anyone explain the Rule 144 application and/or short sale restriction for the recent 4.9 million share offering (exactly what date are those investors free to sell?) and the significance of the promised shelf registration with reference to the April 10th date mentioned therein?

I interpret it as an attempt to protect both these secondary investors from additional offerings by VU-1 prior to expiration of the restriction from sale date while also protecting existing shareholders from short selling the stock in anticipation of further dilution...any comments appreciated.

Is it possible that the 4.9 million share offering is just the beginning of a string of equity financing to get manufacturing up to speed while revenues still uncertain or does the wording in the recent equity financing contract minimize that risk?