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Old 05-02-2009, 06:55 PM   Nav to Top  #1
ShaggsTheStudd
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Default PSPM - PURESPECTRUM INC

This company, PureSpectrum, claims to have the best lightbulb tech on the block. They have patented (pending?) ballast technologies that provide 2 huge benefits:

1) Dimmable using existing hardware (except the ballast)
2) Exceptionally good power factor.

Supposedly other dimmable florescent bulbs are garbage, including options from GE. Also, the energy savings of florescent bulbs has been downgraded due to their poor power factor (it's an AC power characteristic , where you use tons of current out of phase with the voltage, causing the power reading to under represent the current carrying capabilities of the delivery system).

The product is not available yet, but the company is ramping up production of a bulb/balast combo (think screw in type) and in the process for UL approval. They also have a contract with a utility pending the UL approval process.

The company is also steadily moving towards moving to a real exchange.

They will be showing off their technology at the LightFair, which starts this weekend.

Lots of pressure building on news of the UL approval, which should open the floodgates for utilities to buy these or subsidize these for their customers. This is the bulb the utility wants you to use, because it demands less from their infrastructure for the same amount of power.

This stock has had some great ups, and not many downs recently, except for one colossal stop loss chain reaction after an extremely quick run-up. There was another small downturn very recently that was quickly recovered from - evidence that there is a lot of buyers resisting another downturn.



Right now the price is ~0.70. I hear target amounts all over the place, from $1.50 to $5. I think its good for $1 within a few months, maybe sooner, maybe bigger.

Big news could send this through the roof. Bad news might send it through the floor, so a stop is probably in order.
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Old 05-02-2009, 07:40 PM   Nav to Top  #2
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Default

This stock has been a favorite of the penny pump sites for a while. If you read through their press

you will find that they are full of statements like " We intend to" " We plan to"

"We are looking forward to " etc. etc. etc. They also put out releases that say trivial things like

"We are looking for office space" This has been going on for a long time. I have had trouble

finding any solid information from reputable sources on them, and absolutely no SEC filings.

This does not mean that you cant make money playing their stock, just be aware of what you

are getting into.
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Old 05-05-2009, 03:23 AM   Nav to Top  #3
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Got some nice price action today
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Old 06-01-2009, 01:35 PM   Nav to Top  #4
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UL approval is DONE today. Should see some earnings rolling in by the end of the year. I suspect a slow and strong up-trend (with some lows between news stagnation).
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Old 06-16-2009, 01:35 AM   Nav to Top  #5
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Here are links to the recent UL approval on the combined bulb/ballast screw in bulbs:
OOLR.E331077 - Lamps, Self-ballasted and Lamp Adapters

Doesn't prove that the product is any good, but at least it exists.

Also there is now a partnership for a manufacturer of linear ballasts (what would go into, say, office buildings):
PureSpectrum, Inc. Signs Contract With Arcata Electronic, Inc. to Manufacture Dimmable Ballasts for Linear Fluorescents


And last but not least, here is the SEC filings with a takeover of a shell company to move from the PinkSheets to the OTCBB:

Unassociated Document

So, what does this mean?:
1) Revenue is on the way soon!
2) Move to an exchange where the big boys can dip their toes

Seeing some nice buying opportunities now, as the price dips. I doubt you will see $0.50, but, it all depends. Might catch some stagnation in the next week, but I think there might be a good surge soon once the move to OTCBB occurs, which was supposed to happen today by annoncements that were made months ago, I say anytime within the next week to the next month might be likely. Looking for opinions on this.

Once the move to the exchange occurs we might see some nice gains for a day to a week, but might stagnate more if we don't start seeing the orders pour in. On the other hand, the orders might start pouring in!

Who knows, could be really good, I think this is better than that SPNG crap you other guys like to ride.

Side note: Timmy the penny shorter characterizes PSPM fans as the some of the hardest scum to scrub. I think that's a good thing.
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Old 06-23-2009, 10:22 PM   Nav to Top  #6
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Energy star approval!

From here you should be able to easily find Pure Spectrum on the manufacturers. Sorry, I can't direct link.

CFL Basic Search : ENERGY STAR
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