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Re: nothn2luzz post# 44

Wednesday, 04/18/2012 2:52:47 PM

Wednesday, April 18, 2012 2:52:47 PM

Post# of 58
Here's exactly what he said,


"We have no idea about your Philips products comment, we distribute and utilize some Asian products (mainly Japanese) and we manufacture conversion kits for all types of existing fixtures in Las Vegas. On the www.step-power.com website we do have a Philips-Gardco-Avalum light which contains our conversion kit and is quoted to one of the major hotels on the strip for their parking lot use. We also quoted it to other customers nationwide and expect it will sell hundreds of conversion kits. This and other lighting fixtures are secured from a local overstock distributor of electrical products as new units which we then convert to LED and sell ourselves or through the distributor. This distributor is selling these to electrical contractors nationwide and we have an excellent business relationship with them. The website is new and built in-house to conserve capital for manufacturing utilization, we will continue to expand the products listed and are in process of building up a list of over 20 other items. We are working through a multitude of old issues in getting this company back on the rails and your help is appreciated, please send all suggestions (criticism included).



Best Regards,



Donald MacIntyre

CEO


nothn2luzz Share Wednesday, April 18, 2012 2:47:59 PM
Re: None Post # of 45

Has anyone compared the pricing for "LED outdoor parking lights" like the ones STEP is selling?

I remember a quote was given at $775, I think??

I did a search and similar products are selling between $1000 and $2000. Quite a savings to go with STEP when you consider 50 to 100 lights (or more) for a larger parking lot.

HMMMMMMMM, that means roughly $220 to $1220, avg of $610 savings per unit.

Even if you low-ball it, $220 x 100 units would mean a lot of revenue!

Shows Don's genius to use an existing light housing that is picked up on the cheap and retrofitted with the new LED kit.

If you think about the cost being low on each unit x an epectation of hundreds of units, and the potential revenue with more products coming, IMO, we are golden!

Go Don! Go STEP!

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