Vu1 Business Update Call Recording Posted

I invite our consumers, channel partners and investors to listen to a recording of our Business Update Call conducted Tuesday, July 29 at 4:30 pm EST. This recording will be available for playback through Friday, August 1, 2014, 12:00 pm EST.

We do apologize for some technical difficulties with the call. You can download the recording below.

Vu1 Business Call 7-29-14

Thank you,

William B Smith

Chairman and CEO

Vu1 Corporation

Vu1 Business Update Call Invitation – Tuesday, July 29

Once again, I invite our consumers, channel partners and investors to join me on a conference call, followed by a brief Q&A session. Originally scheduled for Monday the 28th, please note the day and time of the call has been updated to Tuesday, July 29 at 4:30 pm EST. Below is the call-in information.

Dial-in Number for Participants: 1-712-432-3071
Conference code: 912122

I look forward to our conversation.

William B Smith

Chairman and CEO

Vu1 Corporation

Investor Call

I invite all investors to participate in a conference call, followed by a brief Q&A session, on Monday, July 28 at 4:30 Eastern. Stay tuned to this blog for dial-in numbers and the conference ID number.

Please mark your calendars.

William B Smith
Chairman and CEO
Vu1 Corporation

New Patent Awarded; Production Resumes

I have a number of important updates to share this month. First, we have commenced manufacturing after fixing and testing the proper phosphor mix.  While delays such as these are irritating (on many levels), they are a reality to be managed and dealt with. The important take away is that the reasons behind the problems are being addressed with actions taken to ensure a problem does not keep repeating itself.

On a more positive note, we received notice that Vu1’s 10th patent has been awarded, leaving one pending.  The patent title is System And Apparatus For Cathodoluminescent Lighting, patent application number 13/657,567. This is an important patent.  Vu1 has spent an enormous amount of money building and protecting our intellectual property, which will serve us well in the future with potential licensing agreements.

Finally, thanks to our engineers’ forward thinking innovation, we have made spectacular strides with our electronics and hope to be able to drop our watts used from 19 to 12 in the next generation of bulbs.  This is an exciting development and we will provide updates as we move forward with this and our other products including the R40 and the A19.

I understand everyone’s frustration with the process and trust me when I say my frustration level matches if not exceeds yours. I understand that repeatedly missing deadlines has damaged our credibility. In my opinion, the best and only way to redeem our position is to focus all our efforts on the task at hand, which is to ship bulbs. I am committed to moving forward on this as quickly as possibly, without sacrificing the quality of our product.

William Smith
Chairman and CEO
Vu1 Corporation

SeeThruEquity Third Annual Microcap Investor Conference

On May 28, I am pleased to be presenting at See Thru Equity’s 3rd Annual Microcap Investor Conference. My presentation will take place between 3:00 and 3:30.

I will be sharing with this group the vision and outlook of our company, discuss potential advancements in IP and provide production status of the Vu1 R30 65 Watt Replacement Interior Flood.

The conference takes place at Convene Grand Central, at 101 Park Ave. and 41st Street in New York City.

William B Smith
Chairman and CEO
Vu1 Corporation

Production Update

I apologize for the delay in getting more information to you. About 14 days ago I was made aware there would be yet another short delay, and I wanted to speak with all the engineers and thoroughly understand the issue in order to provide a realistic time frame for getting the Vu1 R30 shipped.

Like everyone else, I’m frustrated with this process. I’m embarrassed by my faulty projections and have come to realize how difficult it is to speculate on anything when it comes to manufacturing in China

Over a year ago, when I spoke with our many investors, everyone wanted Vu1 to remain transparent, sharing both the good news and the bad. We have attempted to do this. I prefer to communicate as often as possible, even when the news is difficult to share or embarrassing to Vu1. The alternative, simply going “dark” until we ship, fans the rumor fire and puts our company in a position where we would never be able to respond. Obviously, this is not where we want to be.

So, where are we today with production? Two weeks ago, Cameron isolated an issue with the red phosphor in our phosphor mixture during the final burn in before shipment. The “color” of the light was too red. After examining the issue, we found that our manufacturing partner never used the proper red phosphor when our relationship commenced. Only on this last PO, when brand new red phosphor was sourced properly, did we realize that our partners previously had been using materials that were not aligned with our orders. This was clearly a violation of our trust and, more important, another violation of our agreement. I mentioned late last year that these issues are being addressed aggressively while we are working with our current partners and I believe our solution will be positive for Vu1 and our shareholders.

Once the issue was identified, Cameron was able to halt production relatively quickly. He immediately came back to the USA while the Chinese were on yet another vacation and we have fixed the issue. Cameron and the engineers are headed back to China today to implement the changes and commence production.

Though I’m completely disgusted with the situation, I promised to get bulbs out the door that deliver on our promise of better light and I will make this happen. I believe that we will be able to deliver bulbs in mid-to-late June. Again, I am working with the information I have today and we believe this is a conservative time estimate. Trust me when I say, I would prefer not to be writing another apology. I look forward to being able to report some positive news.

William B Smith
Chairman and CEO
Vu1 Corporation

IP Portfolio Strengthened; New Patent Application Accepted

We are pleased to announce Vu1 has received a Notice of Allowance, from the U.S. Patent and Trademark Office, for a patent application for our ESL lighting technology. The patent title is System and Manufacturing a Cathodoluminescent Lighting Device and the U.S. Patent Application Number is 13/262,594.

Protecting our disruptive lighting technology is of strategic importance to Vu1 and to our shareholders. We now have nine patent allowances and will seek to achieve similar success with the rest of our patent submissions and do what is necessary to protect our IP.

We will continue to provide updates as we move forward.

William B Smith
Chairman and CEO
Vu1 Corporation

Vu1 Update

As promised in our last blog, I am providing you today with the latest update on the happenings at Vu1.

This morning I spoke with our engineers in China and we now are comfortable saying we will ship Vu1 R30 bulbs for delivery to our channel partners this month. Should anything change, we will notify everyone immediately.

With this latest run, we implemented minor tweaks based on constructive feedback. The Vu1 bulbs being produced are working optimally.

William B Smith
Chairman and CEO
Vu1 Corporation

Let Production Begin!

We take great pleasure in announcing our team has now confirmed receipt of and inventoried our components, allowing us to commence production of the Vu1 R30 lamp next week. We greatly appreciate the efforts of Cameron and Stanley who have kept processes moving along smoothly and successfully.

With our manufacturing procedures now solidly in place, we look forward to delivering our quality product to the U.S. in April. I’d like to take this time to once again express a warm thank you to our shareholders, channel partners and future customers for their patience and continued support.

We will be updating you again soon and look forward to providing our “Light Without Compromise” in the near future.

William B Smith
Chairman and CEO
Vu1 Corporation

Bay Area Business; Anticipating New Production in China

We are very excited about our new research and development facility in Berkeley, CA.

Cameron and his new team of engineers are busy building test equipment as well as doing some patent work as we wait for the Chinese to return from their month-long new year.

Stanley and Cameron will head back to China upon the Chinese return in a few weeks and begin to prepare for and then commence the next production of bulbs.

More news to come as we have more to share.

William B Smith
Chairman and CEO
Vu1 Corporation