I have said many times that I believe that LEDs are the future lighting systems of the world. I also believe that within the next 5-10 years, LEDs will become the standard new construction code for residential homes and more than likely new construction commercial buildings as well. I believe industrial will follow after that.
I believe the led industry is an emerging market that is going to revolutionize lighting systems in a hurry.
My problem is not with the industry, it's with VPER's long history of not finishing anything they start.
The beginning of the year they supposedly signed or were supposed to sign a 5 year contract for exclusive sales of LEDs for the entire countries of India and Saudi Arabia. Nothing has been said about that in months. No sales when you have the exclusive sales rites in 2 whole countries? WHY?
They also supposedly got on the GSA list, but nothing has been said about that in months. No Sales here either.
Nothing has been said about the DC build out.
Nothing has been said about where the merger(s)stand of the 2 companies VPER is supposedly buying out and have been in talks with since January.
Audited financials were to be "expedited" to be finished in June.
This is typical VPER...put out LOIs and make everything sound like it's just around the corner or imminent and then they don't talk about it anymore and everything is forgotten when a new BIG NEWS PR comes out like this new pilot program. No one but me remembers anything else that was supposed to happen months ago
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