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Revolution Lighting (RVLT +11.5%) soars after announcing P-E firm Aston Capital is creating a...

Revolution Lighting (RVLT +11.5%) soars after announcing P-E firm Aston Capital is creating a fund to finance LED lighting purchases/installations for RVLT customers. The fund, known as LightCap I, has set an initial funding target of $50M, a provided ~$4M in LED project financing in Q2. The announcement comes a couple weeks after RVLT shares fell thanks to a critical report from TheStreetSweeper.
Comments (2)
  • Twest
    , contributor
    Comments (135) | Send Message
     
    This is almost irrelevant news to support the valuation of RVLT at current prices.
    15 Jul 2013, 02:52 PM Reply Like
  • New Investor25
    , contributor
    Comments (98) | Send Message
     
    You could be looking at a multi-billion dollar company 5-7 years from now. Now re-evaluate the current price.
    16 Jul 2013, 08:08 AM Reply Like
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