CESV did a 1 for 20 when it was Rimmer Computers, China Energy Savings reversed merged into that public company. They have since become a listed NMS company. They are thinly traded but the numbers are solid and the energy crisis is because of China. These guys play a vital role in China manufacturing sector and government locals. They earn money on revenue share model, out right purchase and licensing. The revenue share model is the most intriguing. They do a 70/30 split on all savings. They can save on average 30-55% of the utilities cost. So if your a business that runs 24/7 and electricity is your backbone then saving money without upfront cost is a solution you have to consider, proven technology blessed by many authorities, faced with rolling blackouts with no out of pocket you get to save 30%, its a no brainer if its proven. What that means for us is 70% of the savings and these places use a ton of electricity supplying the world. They also install a time bomb so if the company slow pays them or doesn’t pay they shut it off now the companies cost just got impacted by that 30% they weren’t paying. As for the numbers they are strong and the revenue shared model also acts like a annuity for the company, they cant book a 15million dollar sale but they will more then likely see several million a year in earnings from that account a year, and it has been shown the accounts stay with Starway products. Bottom line the company intends not to rest with this business it is looking into coal mine and wind turbine generators in Asia. They will not only be selling but saving electricity.
