2012年12月4日星期二

An excellent job of penetrating the LED lighting market


Under the terms of the agreement, Seesmart will receive approximately 50 percent of the purchase price consideration in shares of Revolution stock and 50 percent in cash. The $10 million of stock consideration will be based on the volume weighted average price of the stock over up to 20 consecutive days ending with the second trading day preceding closing, and to the extent the number of shares would exceed 9.1 million shares, Revolution at its discretion may elect to pay the difference in cash.These goggles come in various styles, shapes and sizes. Earlier Safety goggles and glasses used for industrial purposes were not stylish and looked extremely odd, awkward and uncomfortable. The $10 million of cash consideration contemplated will be derived from the sale of a new convertible preferred stock to RVL Holdings, an entity managed by Aston Capital, LLC and controlled by Robert V. LaPenta. The Company will provide a more detailed description of the terms and conditions of the transaction in a Current Report on Form 8-K to be filed with the SEC."Seesmart has done an excellent job of penetrating the LED lighting market through its distribution/dealer network and developing a full line of products including interior and exterior lighting fixtures," stated Mike Bauer, President and CEO of Revolution Lighting Technologies. "The combined companies provide a significant platform in terms of both talent and technology, and we are very excited about the potential for dynamic growth this merger creates," added Mr. Bauer.
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties, including the satisfaction of closing conditions prior to the consummation of the acquisition of Seesmart and the anticipated benefits of such acquisition. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.Make sure that the Rx glasses you choose fit properly. You do not want them slipping or sliding around on your face, and you want to make sure that your vision is not restricted in any manner. Reference is made to Revolution Lighting's filings under the Securities Exchange Act for additional factors that could cause actual results to differ materially. Revolution Lighting Technologies, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information,In past times, Motion sensor light we besides pricy and mandatory pricey battery pack and several intervals the particular electric batteries have to be replaced 3-8 situations every single several times during calendar months. future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.china tabletThe only obstacle to these would-be wonder bulbs: No one, least of all Watkins, knew how to make them.iphone protective case He had no experience in lighting.

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