In Ovations Holdings, Inc. Plans to Go From Pre-Revenue to Profit
in 2014 With Green Tech Strategy Reducing Both Electricity
Consumption and Carbon Emissions
Letter to Shareholders
DORAL, FL--(Marketwired - Jan 31, 2014) - In Ovations
Holdings, Inc. (OTC Pink: INOH) today released a letter to
shareholders detailing the Company's recent launch of an Energy
Services Company (ESCO) to provide cost effective lighting
solutions that reduce electricity consumption and carbon
emissions. The letter from President Rosendo Alvarez III and
CEO Mark Goldberg highlights:
1. the Company's proprietary offering is manufactured and
guaranteed by the largest manufacturing company in the United
States and,
2. the Company's current hundred million dollar sales
initiatives in South East Asia and Latin America.
In Ovations Holdings, Inc., formerly known as Marine
Exploration, Inc., committed to its new ESCO direction in September
of last year. To learn more about the onset of the Company's
ESCO direction, select the link below:
http://bit.ly/CSI_GE_GradiLux_INOH_Partnership
The executive letter with the latest ESCO strategy is included
in its entirety within this press release.
Dear Fellow Shareholders,
In Ovations Holdings, Inc. made many changes in 2013 and is
anticipating a profitable 2014 and beyond.
After exploring a number of new business strategies last year,
In Ovations Holdings restructured the corporate holding company and
launched a new Energy Services Company (ESCO), Electro Verde, Inc.
The ESCO is a wholly owned subsidiary of In Ovations Holdings
selling proprietary products and services into the global
industrial lighting market that reduce both electricity consumption
and carbon emissions.
Green Tech Partnerships
Backed By Fortune 500 Partnerships
In Ovations Holdings is building its product and service line
through reseller partnerships with leading Green Technology
companies. The first Green Technology partnership is with
Coordinated Systems International (CSI).
CSI owns a patent on a proprietary technology to reduce electric
power consumption. CSI, in partnership with a Fortune 500 company,
offers the GradiLux Total Lighting System Solution (GradiLux
Solution). In Ovations Holdings, Inc. has entered into an exclusive
reseller agreement with CSI to sell the GradiLux Solution in South
America. In Ovations Holdings, Inc. can also resell the GradiLux
Solution globally on a non-exclusive basis.
Learn more about the GradiLux Total Lighting System
Solution:
http://bit.ly/CSI-GE-GradiLux
Learn more about Coordinated Systems International (CSI):
http://bit.ly/Coordinated_Systems_International
$100,000,000 Sales
Objectives In Vietnam and Mexico
Our ESCO team departed January 2nd for Vietnam and subsequently
traveled to Mexico. Both trips are part of a sales initiative
to sell the GradiLux proprietary outdoor lighting solution to
municipalities within Vietnam and Mexico. The lighting
solution is expected to reduce the target municipalities'
electricity consumption from outdoor lighting by forty percent
(40%). The carbon emissions that result from powering outdoor
lighting would similarly be reduced by forty percent
(40%).
A typical target city for the GradiLux Solution will have from
100,000 to 200,000 streetlights. Ho Chi Minh City in Vietnam,
for example, has 230,000 streetlights. One GradiLux device is
required for approximately every 50 lights. A single lamppost
usually has more than one light fixture. Estimating two lights
per post, one GradiLux device would be necessary for every 25
lampposts. A city such as Ho Chi Minh City, with roughly
100,000 lampposts would require about 4,000 GradiLux units. At
a cost of approximately U.S. $20,000 per unit, a citywide
implementation would be approximately U.S. $80 million. In
general, the anticipated price of a total solution for each target
city could be as much as one hundred million dollars
($100,000,000). The target solution is designed to provide a
two to five year return on investment.
Sights Set On LED
Lights As Next Product In Green Tech Portfolio
CSI is the first of an anticipated portfolio of Green Technology
partnerships. In Ovations is currently in negotiations with a
LED lighting company that owns a patented LED lighting
technology. The likelihood of a prompt partnership is
high.
Financing In Ovations
Client Solutions
In Ovations is also developing a number of financing
partnerships intended to provide In Ovations' clients the backing
to purchase In Ovations' solutions. The two to five year
payback potential of CSI's GradiLux Solution provides a viable
debt-financing platform.
Certifying the Carbon
Credit Potential of GradiLux Solution
In addition to the financing partnerships, In Ovations is in
discussions to partner with a carbon credit audit firm to evaluate
and ideally certify the carbon credit potential of the GradiLux for
municipal installations. The carbon credit potential has not
yet been included in the ROI calculations of the GradiLux
payback.
The prospects of In Ovations new ESCO subsidiary look very good
for 2014. Both Vietnam and Mexico municipal opportunities are
developing rapidly. Initial orders of the GradiLux Solution
are eminently anticipated to support the engineering of subsequent
comprehensive solutions. Please keep an eye on In Ovations as
we continue our advance in 2014.
Best Regards,
Mark Goldberg CEO
Rosendo Alvarez III President
In Ovations Holdings, Inc.
"Safe Harbor Statement" Under The Private Securities Litigation
Reform Act of 1995: The statements in this presentation that relate
to the Company's expectations with regard to the future impact on
the Company's results from new products in development are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The results anticipated
by any or all of these forward-looking statements may not occur.
Additional risks and uncertainties are set forth in the Company's
Annual Report for the year ended June 30, 2013, and the Company's
Quarterly Report for the first quarter ended September 30, 2013.
The Company undertakes no obligation to publicly release the result
of any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date hereof, or
to reflect the occurrence of unanticipated events or changes in the
Company's plans or expectations.
Contact: Public / Investor Relations: William A. Young Sr. Ph:
623-238-5245 E-mail: wayoung55@aol.com
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