Arista Power, Inc. (ASPW)

[renew123energy]

Yawwn!!

Another wordsmithed press release that said "we didn't do what we said we would do...yet again".[imo]

Maybe their CFO can explain "booked orders" and how it is GAAP(and not the place you buy clothes) vs. recognized revenue. Cuz recognized revenue for 2010 was $494K (per income statement), but according to Schlitz it was .8 Million or $800K for 2010 "booked order"..so that being said this co. has a history of falling short by at least 1/2 of the booked orders claimed to recognized revenue...post fact.

Like another wordsmithed report on their flower device, we should assign a negative augmentation factor of -2.0x to any press release on "booked orders" [imo & lmfao!!]