Perhaps paying closer attention to details, may serve you better...
RE: "There are hundreds, if not thousands, of non-publicly traded Lighting/LED companies making a go of it. They are generating revenues and making sales and covering company expenses with those revenues."
Apples and Oranges Discussion: But sure, it depends on market strategy: Small fish, or big game. As a "Publicly" traded company, SavWatt isn't in it for small fish.
RE: "Or a private placement, such as the one advertised last week (DD Post):
newyork.citybizlist.com/18/2011/6/27/SavWatt-USA-Launches-1M-Offering--cbl.aspx"
If you would have followed my DD post from 12/08 when this link was first posted, you would have noted it came from June. I've known for some time about this. How about you?
RE: "The $10 million in projected revenues in the first 12 months as mentioned in the article was from a May 2011 PR. How is that working our for you?? Ike has about 5 1/2 more months to prove that statement was not completely fabricated....which it was. In the May PR that statement came from he was touting SavWatt signed up 100 distributors at the Light Fair show and those distributors would purchase $10 million. Problem was SavWatt never signed up any where near that many distributors from the Light Fair show.Just another fabricated story for Ike to dilute, dilute, dilute."
Spot on about still having 5 1/2 months remaining to make this statement come true. Personally, I could give a rats-*&% if the full $10 million were 6 or 9 months from now, as long as there is revenue-progression and contracts. In terms of the 100 distributors: You have no way of knowing, unless you are an insider. Are you an insider? I didn't think so. There were about 40 distributors signed up at one point on the company website, until they received so many harassing phone calls they had no choice but to take them down. Were you one of them?
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