Tons of boiler plate warnings like any startup. Here are some bits of info I found interesting:
-and municipal utilities, some of whom are currently evaluating our light bulbs for resale to their customers.
-At this 75,000 square-foot facility, we currently have one active production line with the capacity to produce up to 6.8 million light bulbs per year, with planned future expansion capacity on the same site to add further production lines with an estimated additional 10 million bulb annual capacity per line.
-As of March 31, 2011, we employed a team of 38 research scientists, engineers and laboratory technicians concentrating on technology development and innovation.
-During the fourth quarter of 2010, we began developing our version of the standard Edisonian A19 screw-in light bulb (and its European equivalent, the A60 bulb). This bulb size is used in ordinary household lamps and non-recessed ceiling fixtures. In December, 2010 we successfully developed a working prototype of this bulb size. We are continuing to refine the prototype with the miniaturization of the electronics and improvements to the efficiency of the bulb.
-We have also had strategic and pre-contractual meetings with certain retailers and potential channel and distribution partners to determine levels of interest in our light bulb and the underlying technology. We believe that the results of these meetings were positive but no agreements have been entered into.