EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) has been on the move since mid-April this year and many are starting to take notice. ELED carries a $3.93M marketcap and somewhat shocked the market by delivering outstanding returns without disclosing any evidence to corroborate them.
According to published OTC documents, ELED’s business description is as follows: “We are focused on acquiring specialized lighting companies for the architecture and interior design markets for both commercial and residential applications, with the intention to grow, innovate, and fully capture the rapidly growing lighting market opportunities associated with solid state lighting.
EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) is headquartered in Wheat Ridge, Colorado. Its first wholly owned subsidiary, Energie LLC, is currently targeting the multi-billion dollar architectural, specification-grade lighting fixture segment of the North American lighting fixture market with innovative, differentiated LED lighting products. ExeLED Holdings is continuing to identify and acquire other companies that have proven expertise in LED technology.
During 2015 and 2016, ELED sold LED products to “education, commercial office space, large multi-unit luxury residential and health care“. The products sold to these customers are produced by five European manufacturers and one in Taiwan. ELED obtained the distribution rights from such factories categories’ long time ago and can offer a wide range of LED technologies to over 270 total products in 37 countries.
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LED lighting is the standard of the industry right now. ELED is looking to lead this sector that is continually expanding. According to LEDInside, the LED market is worth currently $29 billion and expected to grow to $33 billion by the end of this year. Furthermore, there are many countries that have not integrated any LED lighting. LED lighting is expected to account for 23% of total lightings in Europe by 2016, which is the highest across the world. The second and third highest regions are to be found in North America and China. However, the Asia-Pacific region is experiencing the fastest growth rate in LED lighting.
Many consider ELED as a potential buyout in the industry. One of the reasons is because the company has very little cash on hand and significant debt on the books. Its European producers might just swallow it up. Here is an interesting note from its 10-K:
“Our business model and product strategy is based upon collaboration with leading European lighting manufacturing companies, including Rudolpf Zimmermann, Bamberg Gmbh, Bamberg, Germany, Regent Beleuchtungskorper AG, Basel, Switzerland, Trilux GmbH & Co. KG, Arnsberg, Germany, Multiline Licht NV, Lummen, Belgium, Luxiona-Troll, Canovelles, Spain and Tons Lightogy Inc., New Taipei City, Taiwan.”
ELED has already done tests on 14,000 of its products. This is intriguing for larger fish in the industry who could assume the company and save money on reduced UL testing costs because ELED has already done it.
EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) might be at a critical point for a buyout. This is not a new fledgling company with youthful management, but rather a company that has been in the sector since 1986 (under a different name). Powerful companies in the industry already work with ELED and might think that paying the company’s debt would outweigh the reward of its technology and established business relationships. We think this is a stock to watch, so stay locked in for updates. For continuing coverage on shares of $ELED stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!