Wednesday, August 10, 2011 10:30:54 PM
Michael Haug, SavWatt CEO, commented, "Our entire staff (30 and growing) continue to work extremely hard at making SavWatt a leader in the sustainable energy field. I would ask all shareholders to understand that building a company takes time. We are making enormous strides, step by step, please be patient. Brendan Magone, Investor Relations, is doing a fantastic job in fielding shareholders' inquiries, disseminating company information, and handling social media, and he is the only one in our company commissioned to do so. I ask shareholders -- especially day traders -- to please refrain from obsessively contacting our various staff, suppliers, clients, potential clients, political connections, and potential political relationships with endless queries. Such activity distracts us from our jobs, can ruin potential alliances and contracts, and often creates a stream of misinformation, rumors, and negative vibes in the market. For short term investors and market makers, we are here to stay and make SavWatt a worldwide brand. To long term investors, thank you for your ongoing support and vision. We are anticipating that our July 28 event will turn a new page in SavWatt's history."
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