BB's Stock Haven

[doogdilinger]

Sterling's post about CNES/GE rumours:

The CNES & General Electric (GE) proof...

It took a little bit, but I found it. The rumors about CNES being in talks with General Electric (GE) are true. GE is not the only major company that is considering the technology of CNES. In this June 2005 CNES Monthly Report link below, it talks about the many Utilities that are seriously considering the technology of CNES, along with the necessary new meter purchases:
http://www.conectisys.com/Investor_Relations/Monthly_Reports/Volumes_2005/Volume_6/060105_Montly%20R...

• City of Anaheim
• Avista
• Bangor Hydro
• Cinergy
• Commonwealth Edison
• Exelon
• Florida Power and Light
• Colorado Springs
• Province of Ontario utilities
• PG&E
• Portland General Electric
• PPL
• Progress Energy
• Sacramento Municipal Utility District
• Salt River
• SDG&E
• TXU

CNES has been in coordination and networking with GE and some of these major companies for years. It’s the confirmation of a major contract that many are hoping for from any of the major utility giants as many if not all of them have been enlightened to the superiority of CNES’s technology. All of them have been waiting for all of the FCC approval processes to complete before completing any major contracts.

As you can see, they have been in contact with GE and many other companies since 2004 and really even longer so I would have to guess that they are long overdue to announce something major like a multi-million dollar contract or something.

In this March 2004 Monthly Report link below, it talks about CNES seizing every opportunity to ensure its successful entry into the market.
http://www.conectisys.com/Investor_Relations/Monthly_Reports/Volums_2004/Volume_3/Monthly%20Report%2...

CNES further speaks in that report on how it was a privilege to network for three days with key industry players, such as, GE (General Electric), Itron, Landis + Gyr, SCE(Southern California Edison), Loadstar and many others. CNES stated that it was refreshing to hear everyone's visions and their frustrations in the current state of this deregulated market. CNES mentioned that they shared some very in-depth conversations with such industry leaders and developed some great contacts and strong relationships, which they currently have been anxiously pursuing over the months.

I think many really never really doubted that CNES has been in talks with GE and other major players over the years. Many never even doubted CNES and its validity for being a real company with a real product. Many just want know that with all of the talks they have been involved with, is it time for the contracts yet?

So if I had to guess, that volume from last week was a huge indicator that volume is preceding price possibly for a reason this time. I am expecting news of many contracts as many major companies know the quality of their product as it has been displayed to them over the past years. Achieving all of the necessary FCC approvals were the only things holding CNES up. I think CNES is going to be a winner in the short and long term.

All is well!
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Sterling