InvestorsHub Logo
Followers 129
Posts 3721
Boards Moderated 0
Alias Born 01/02/2003

Re: ginchinchili post# 770

Thursday, 10/06/2011 1:54:17 PM

Thursday, October 06, 2011 1:54:17 PM

Post# of 838
Nice ginch, thanks for the info! Unfortunately for many employees, they will lose jobs. It's great for we shareholders as our monthly operating costs will dramatically decrease.

There are several very nice pluses for shareholders IMO.

It appears that Bill Hamlin is better suited to be CEO than his predecessors. He understands the stresses on American wallets and the need to be more competitive even with a "specialty" product.

The cost savings are obvious.

We can probably attack the LED segment as a "value" bulb if the costs are low enough. Marketing just became very doable.

We're an underfunded start-up and this will significantly decrease the time it takes to refab a product that needs a tweak.

We now have unlimited production capability when compared to our own fabrication limits.

They can scale up production much more rapidly taking away marketing limitations.

If the right firm is employed, bulb quality should not be an issue.

With several large contracts, we're cash flow positive.

We may have just become a real company.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.