Detail akcie SavWatt USA online

Business Summary: SavWatt USA, Inc. (SavWatt) is engaged in developing light emitting diode (LED) lighting solutions. The Company's products include LED fixtures, bulbs, street lights and parking lights. The Company's ECO-WATT technology produces a longer-lasting light source to provide its customers with a green, maintenance-free solution for virtually any lighting application. The Company's products include 125 watt (W) 4 Module LED Street Light - Daylight, 180W Cobra Head LED Street Light - Cool White, 2 Foot T8 LED Tube Light - Clear, 2 Foot T8 LED Tube Light - Frosted, 20W LED Hex Bulb - Internal Driver - Daylight, 220W 6 Module LED Street Light - Cool White, 30W LED Double Fixture, 36W 1 Module LED Street Light - Cool White, 4 Foot T8 LED Tube Light - Clear, 4 Foot T8 LED Tube Light - Frosted, 72W 2 Module LED Street Light - Cool White, 7W Beamer LED Bulb - Warm White and 90W Wallpack. It offers its products under the brand SavWatt.
Financial Summary: BRIEF: For the six months ended 30 June 2012, SavWatt USA Inc revenues increased from $12K to $37K. Net loss decreased 7% to $3.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Amortization of debt discount decrease of 47% to $796K (expense), Change in fair value of derivative liabi increase from $650K (expense) to $32K (income).