I would hope/expect that with hurricane season approaching, they would want to get emergency lighting products in stores, and stores would want them in. Also, as generally per Cramer last night, this time of season always a good play for Home Depot, Lowes and related hurricane plays.
Regarding recent convertible financings, they were best this stage company could get at time (to be expected for OTC company selling at 2c; need money to achieve goals) - however issued shares are still relatively low in number for OTC company and conversion is limited so investors can never own more than 5% of company.
Lastly, note recent May 10-Q with had a KEY fact in it - note that this is first filing that company says they are no longer a development stage company - they say for first time they have "transitioned from a dev company to a company actively marketing and selling products". Note also recent May flood of PRs as opposed to recent past - I think all bodes well for company in near future.
JR for the Predient of the US-2008
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