SOURCE: Advanced Lighting Solutions, Inc.

May 18, 2010 13:55 ET

Advanced Lighting Solutions, Inc. Is Looking at a Bright Future in a Depressed Real Estate Market

HOUSTON, TX--(Marketwire - May 18, 2010) -  Advanced Lighting Solutions, Inc. (PINKSHEETS: AVLS) through its extensive appraisal process, home offers and innovative future buyer technology, the company's Chief Financial Officer, Jeff Borden, is pleased to announce a profit ceiling of approximately 1.1 million not to drop less than an estimated 800,000 dollars with the company's newly acquired real estate assets. 

Advanced Lighting Solutions, Inc.'s Chief Financial Officer, Jeff Borden stated, "We are calling the recently acquired 11 properties (Stage One) of the three stage company reinvention process. After step one is completed, (Stage Two) Advanced Lighting is going to take the original company capital gain plus the net profit and invest it into fulfilling the purchases of 'bulk' foreclosures through banks and other real estate firms working with the company.

"Early estimates indicate approximately 4 million in additional revenue from the bulk properties purchase aforementioned, which would lead to the (Final Stage) of the company's three stage plan, working in concert with the FDIC to secure foreclosed properties in the Houston metroplex and surrounding areas."

"The company is very happy to pursue any and all available options through new banking relationships or contractors / builders to increase our profitability with the addition of more distressed properties," said Advanced Lightings CEO. "We are checking into every available option our company has for expansion and growth, reports show we have very little resistance if any in Houston market which should make it easy to pursue the companies objectives of acquiring at least 60% of all foreclosed properties in and round the Houston area."

About Advanced Lighting Solutions

The newly stated goal of Advanced Lighting Solutions, Inc. is to provide a team of experts in the areas of green and energy efficient technology for both residential and commercial use. Intuitively merging green ideas into development properties. To create jobs, as well as build and provide safe, affordable, energy efficient residential and commercial investments for the public. Create and maintain substantial returns for our investors and our company.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Contact Information

  • CONTACT:
    Aaron Matthews
    Chairman & CEO
    Email Contact
    (832) 512-2228