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Thursday, June 30, 2011 8:15:05 AM
So have they made pre-production models that are out for testing? That was part of phase II correct?
Are they close to full production since now they are in phase III?
Are they much further ahead than I think they are? If so, this could rocket at any time.
The second phase emphasizes the production and supply of pre-launch units to distributors with the objective of tailoring the unit to their respective market requirements. Wanderport is in receipt of components from Asia (not affordably available in North-America) and is hoping to prepare pre-launch units for distributors within the coming weeks. The company has aligned a third party group located in the United States, ready to test and provide comparables versus existing storage and tank-less water heaters in today's marketplace. Hence, Wanderport's primary focus will be to move forward within the American market by using this data to prepare specifications for U/L approval and other certifications necessary to market the product in the United States. The company believes this process should not be too lengthy as Wanderport and its US distributor have already begun preliminary discussions with companies possessing assembly facilities with their own U/L labs. This will ensure that units are built according to U/L electrical and other standards making approval acceptance much easier. Furthermore, it will automatically qualify the water heaters under the assemblers' liability insurance thereby reducing Wanderport's burden.
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