Las Vegas technology company announces financial results
Power Efficiency Corp., a developer and manufacturer of advanced energy-saving technologies for electric motors, today announced its 2006 financial results on Form 10-KSB. Power Efficiency’s Chairman and CEO, Steven Strasser, had the following comments on the results from 2006 and company objectives for 2007: 
“In 2006, the company made a number of accomplishments toward building a highly valuable green energy technology company. Although 2006 sales of less than $200,000 were not as high as I would have liked, great strides were made in areas we believe are important for developing long-term shareholder value. These accomplishments are already beginning to bear fruit. For example, although Q1 2007 sales were roughly in line with past quarters, the company is ending the quarter with purchase orders that exceed all of 2006 sales.” Read full story:
