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  • ForceField Energy (FNRG) In Solid Position To Capitalize On Growing LED Industry, Says Seeking Alpha Contributor 0 comments
    Dec 4, 2013 2:46 PM | about stocks: FNRG

    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 (NASDAQ: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 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 forcefieldenergy.com

    MissionIR provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.missionir.com

    Stocks: FNRG
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