They anticipate making profits in the not to distant future (starting next quarter.) Global warming has become a recognizable problem. Companies such as this are quickly becoming the new norm as people come to grips with the hard truths. Global warming will tip the scale in the next 50 years causing melting of permafrost and massive CO2 release. (aka. the point of no return) Regulations will begin to push the market towards more efficient units more agressively. This trend has already started. Smart investment is also investment that is good for people and the economy. Profit will come more with wisdom, and less with blind greed. Take a look at world trends. Developing nations are learning from our mistakes too, and investing in the future. Companies such as SavWatt could become mainstays very soon. Get on sooner rather than later with developing companies who take these global trends into consideration. Anyone clinging to the past will be loosing because those companies waiting to adapt will hit their wall, and be out of commission quickly, and with little warning.
Here is a quote from the company's website
BALTIMORE, MD--(Marketwire - Jan 5, 2012) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, today released a New Year message from SavWatt's CEO, Mr Ike H. Sutton.
For this new year, I would like to thank the support of our shareholders which is our major asset. We have grown and developed due to their support. I have only one request for the new year that is in regards to SavWatt's bashers on online chat boards. Ask yourself why are they bashing SavWatt? If they are shareholders, why bash? This only creates negativity in the marketplace. If they are not shareholders, why are they on the board? Are they being paid for bashing? By whom and what's the purpose? And if they are really unhappy with SavWatt and the SavWatt team, get out of the stock and move on. Please do not listen or act based on basher information as they have an agenda of their own and provide misinformation to the determent of the company.
