Last night we confirmed that our new custom equipment purchases are expected to arrive the week of May 20th. We believe this is a conservative date as our partners may in fact accept delivery prior to this date. Assuming we achieve proper yields from the new equipment, we anticipate that we can begin shipping theESL R30 in July.
Naturally, we’re all very excited about finally putting the wheels in motion and we feel reasonably comfortable targeting the July shipping goal. As always, our updates are based on information that we currently have available.
I want to again applaud Stanley Chao, Cameron McLeod and the teams they have assembled both here and in China that are making it possible for Vu1 to achieve its goal of mass production of the ESL R30.
William B. Smith
Chairman and CEO