This now continues the rebates and incentives to use LED products like EFOI's.
I can not give specifics because I just do not know, But I can tell you from past comments from James and team "Made in USA" is a big priority for them. The Navy tubes are made in Solon ,Ohio and James has stated that to capitalize on the Navy connection it would be great to be the only manufacturer making tubes for the commercial market in the USA. EFOI is scaling up rapidly here and entering new markets so I know inventory is a big expense right now ,they need to have product that can be shipped in a timely manner and a sufficient quantity to supply even the largest orders without a hitch.
I suspect for inventory of new commercial version of "Intelitube" being launched in a few weeks . I believe James mentioned something about the possibility to manufacture them here in the US, so this also could be used to expand manufacturing facilities, although if ,as James has stated ,that sales of these tubes can be expected in a few weeks then they should already have some in stock. This does not rule out manufacturing expansion.
I guess to illustrate my lack of "drug" company understanding ATHX is booming today and OPK is floundering?
I wish you well ,if I remember you were buying at $8.70 it is up a bit and looks to spike here. .I followed ATHX for awhile and almost got pulled in ,(actually would have made some money) it was $1.25 and then got a similar deal with pfizer .ATHX did reach $5.00 but as trials progressed it is now selling at $1.23. I must confess I am not good at judging drug companies.
I agree totally ...I bought more already. What is being missed here is the scheduled releases of "Intellitube " to the commercial market in the next Q... (two weeks), plus EFOI has not yet reported any ESCO sales yet, that would also send this flying.
LFTB the tubes can and will be used for "New " ships . I still cannot believe your lack of knowledge about EFOI products after you have been around for so long.
I also ran a scan and showed no results.
Thank you for replying ,wanted to check if I was getting directed to a false site. I did email EFOI ..I hope they check out their end. They may be working on the new products site and this is causing the difficulty.
I still get warning when iI go to products ?
Margins were 32.4% ..target is 35% and are expecting to reach that and better .
Just these three Navy orders ( since Sept.) are for $21.5 million. The current market cap of EFOI is $47.84 million. James stated margins are expected to improve and are already at 35%. I will double check but this should make profit in next Q.
This is the third large order from the Navy in a short period ,Is it just me or am I missing something?
I think it should start to be clear even to the blind ,EFOI is finally delivering on what we all have been waiting for. Congrats EFOI team. ....what a great gift for the Holidays!
Sorry that was 63,000 shares , but the real question is why would anyone short EFOI with the growth and news that is coming?
Some one is trying to keep this low ... with strategic selling . I have seen days with 60,000 shares trade near high of day thaen 100 shares trade to bring it down 10%. I believe selling by large holder is over and now it is market manipulation and shorts keeping this down .
I can confirm you are right about one chip with 4 Diodes on it ( needed to make white light Each diode a different color) i do not know current watt usage. I do know that was the major hurdle to overcome. The design is revolutionary with this one LED as compared to the rather large number used in the tubes in the market today . I should also mention that the 1 led is in the 2 foot tube it would be 2 in the 4 foot tube . I personally saw this tube at an annual meeting this is why I have been so excited.
Joe thank you for your input , I distinctly remember James talking about this and perhaps Japan being the first to get Intellitube. I did not remember the agreement with Communal .