ForceField
Energy was recently featured in a Seeking Alpha article by contributor John
Mylant who discusses the company’s position in the LED lighting industry,
supported by information on ForceField’s fundamentals and finances.
“We
know the LED lighting industry has been growing steadily on a global scale. It
is also well known that it has potential for generating hundreds of billions of
dollars as businesses and households slowly make the transition to LED lights.
As the industry grows so will the companies that look to make money in this
industry. There is one new player, ForceField Energy (FNRG), that I believe has
excellent growth potential and has shown it with recent initiatives,” Mylant
begins.
To
read the article in its entirety visit http://seekingalpha.com/article/1866271
In
defining the growing state of the LED industry, Mylant notes that according to
the U.S. Department of Energy, more than 2.5 billion fixtures in commercial and
industrial properties throughout the United States are expected to eventually
make the transition to LED lighting.
This
presents tremendous opportunity for aggressive players in the lighting
industry, such as ForceField Energy.
“The
company targets larger customers where significant cost savings and
aesthetically better lighting that is also environmentally friendly appears,
most important. These companies, such as hospitals, certain institutions,
governments, multi-location retail outlets and corporations, are very
economically minded and the savings benefits for using LED lighting will play
an important role in their decision-making,” writes Mylant, of ForceField
Energy’s marketing strategy.
ForceField
Energy is also making an entrance into overseas LED industries, which is
rapidly gaining traction as an alternative means to more costly traditional
lighting.
“Latin
America may hold a large opportunity, but the company also has proposals and is
involved in “trials” in Europe and the United States. The company is presently
bidding on over $125 million in business, with signed Letters of Intent (LOIs)
for approximately $40.0+ million,” writes Mylant.
After
making several other points of interest, including a run-down of ForceField
Energy’s leadership, Mylant concludes that, “This shows that they are
completely aligned with shareholder interests. If an investor is looking for a
long-term investment for growth and value, I believe ForceField is one company
worth considering.”
For
more information, visit www.forcefieldenergy.com
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