Trans-Lux Corp. (OTC:TNLX)

WEB NEWS

Sunday, March 18, 2012

Comments & Business Outlook
The Company continues to manage a plan to improve operating results. The plan includes a joint venture agreement with a People’s Republic of China company to establish a cooperative venture limited liability company in the People’s Republic of China to engage in research, engineering, development, manufacturing, sale and distribution of LED lamps, LED digital signage and LED lighting or similar products. The Company is pursuing new business opportunities in the LED lighting market with energy-saving lighting solutions and supplementing our established digital display and signage businesses with a highly flexible, cost-efficient and creative means for facilities to enhance their environments with LED lighting. The Company now features a comprehensive offering of the latest LED lighting technologies that provide facilities and public infrastructure with “green” lighting solutions that emit less heat, save energy and enable creative designs. The Company continues to seek ways to reduce costs of components used in its products and other expenses to improve sales margins, and continues to look at ways to lower overhead costs, such as compensation and benefits and has outsourced the human resources department in the second quarter of 2011. The plan includes partnering with an LED supplier and offering several new high resolution LED large screen systems. There can be no assurance that the Company will achieve higher sales, improved margins or lower costs.

Wednesday, November 16, 2011

Research
Just completed a meaningful restructuring plan to avoid chapter 11 bankruptcy. Looks like a new investor (Gameco) entered the picture to infuse capital into the company to help reignite growth and satisfy old debts. Will watch closely to see if the company can reverse its history of losses and return to profitable operations it once attained.


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