Archive for January, 2008

Diguang International Presenting its Products at 2008 Consumer Electronics Show

Sunday, January 6th, 2008

China-based Diguang International Development Co., Ltd., having its marketing subsidiary in the British Virgin Islands, announced in the middle of December about its plans to display its industry-leading LED backlight and lighting products at the Consumer Electronics Show.

Diguang which has also recently entered into a contract with Samsung SDI Co., Ltd., will present 42 televisions powered with its LED and CCFL backlights, 17 and 19 computer monitors, and other displays featuring the Company’s small to medium-size LED backlights. It will also introduce its largest general LED flat-panel lighting products.

Song Yi, the Company’s Chief Executive Officer, has commented: “As a participant in the 2008 CES, we are eager to get reactions to our products, especially our larger-format LED backlights and also the newly introduced general lighting products that we believe will increasingly be at the industry forefront in coming months and years.”

The Consumer Electronics Show will take place from January 7 to 10 at the Sands Expo and Convention Center in Las Vegas, Nevada.

Consolidated Water cannot reach agreement with the BVI

Wednesday, January 2nd, 2008

Consolidated Water (CWCO) could drop 50% if it cannot reach an agreement with its leading customer, the British Virgin Islands. Being the owner of water utilities in the Caribbean area, CWCO is fighting the BVI government over payments for water from a desalination plant.

British Virgin Islands is attempting to purchase the plant, which removes salts from sea water, but the discussions have continued on over a decade. Now Consolidated Water is continuing to record the full amount it is billing British Virgin Islands as revenue, and its receivables are rising.