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Agreed. Seems like such a natural thing to offer. If a group has these weapons for crowd control, they are going to want a product like this to treat a lot of people. Go Lamperd!!
Sam has proven incompetence as a manager of a public company. I don't think that's debatable. As a public company, Sam's record at IVFH is there for all the world to see.
If this pair of geniuses, Bandera and Pappas, haven't revolted yet, there can only be a handful of reasons. And none of that bodes well for the average IVFH investor. Sometimes, geniuses get had. You pays your money and you takes your chances. I think they underestimated Sam and Sam played them. If they are waiting for Sam to pull a rabbit out of his hat and turn this POS into a real company, then let me be the first to recommend that the Mensa Society revoke their membership cards. IVFH doesn't have the capital or the depth of management. We've seen the people that Sam brought in to run The Fresh Diet. There is no reason to expect a masterpiece from a horse with a paint brush in its mouth.
The most likely scenario is that Sam has the votes and these guys know it. There can't be more than a few hundred shareholders in the company. If they spent $100 on each, it might amount to $30K to wage a proxy battle - peanuts. Yet these distinguished investors continue to sit on their hands and watch as management runs the company as he has for years. There has to be a reason. Either these guys aren't the geniuses they are billed to be (and I doubt that is the case), or they were snookered. I'll take snookered and lay the points.
Roman, let's use a little common sense. Since The Fresh Diet debacle, Sam has not made any huge acquisitions. Everything he has done has been a little here and a little there. No bet the farm transactions like Fresh Diet was.
All these Johnny come lately investors, with the exception of Denver Smith, got in post-The Fresh Diet disaster. That fiasco ended in 2015 or maybe early 2016.
Since then, these geniuses, as some seem to regard them, bought into this POS, watched Sam do his antics, and they have done absolutely nothing. Denver went out on a limb and wrote a letter. If Denver is fed up (and it only took him one near bankruptcy and close to a decade of piss poor IVFH performance) and all he could do was write a nasty letter, then we have to make some assumptions.
1) Your heroes won't give Denver the time of day. If they have enough shares to outvote Sam, why aren't they? Are they morons masquerading as business geniuses? Or, as I contend, Sam is holding pocket aces.
2) These clowns still believe that Sam is the man. In their minds, Sam is the next coming of Warren Buffet but he's had a run of bad luck. They could get rid of Sam because they have the votes or can find the 12% you claim they need, but they won't. Sam is their guy.
3) Sam really has control. Others can piss and moan all they want but Sam knows where every significant vote is and he's looking at a winning hand. And everyone knows it.
I'm going with #3. I'm going to assume your heroes were snookered when they bought in. They thought Sam didn't have majority control at the time and maybe he didn't. But I'm guessing he does 6 or 8 years later. This is Sam's piggy bank and he knows a coup d'etat would eventually happen. Say what you want about Sam, but he's no fool. Sam can count. And he has the votes. Denver may or may not know it. The letter may be for show. But it's going nowhere. Sam has dealt with malcontents before. Since he became the top guy at IVFH, Sam remains the undefeated heavyweight champion. It's not an accident. Sam is clever.
Roman, let's use a little common sense. Since The Fresh Diet debacle, Sam has not made any huge acquisitions. Everything he has done has been a little here and a little there. No bet the farm transactions like Fresh Diet was.
All these Johnny come lately investors, with the exception of Denver Smith, got in post-The Fresh Diet disaster. That fiasco ended in 2015 or maybe early 2016.
Since then, these geniuses, as some seem to regard them, bought into this POS, watched Sam do his antics, and they have done absolutely nothing. Denver went out on a limb and wrote a letter. If Denver is fed up (and it only took him one near bankruptcy and close to a decade of piss poor IVFH performance) and all he could do was write a nasty letter, then we have to make some assumptions.
1) Your heroes won't give Denver the time of day. If they have enough shares to outvote Sam, why aren't they? Are they morons masquerading as business geniuses? Or, as I contend, Sam is holding pocket aces.
2) These clowns still believe that Sam is the man. In their minds, Sam is the next coming of Warren Buffet but he's had a run of bad luck. They could get rid of Sam because they have the votes or can find the 12% you claim they need, but they won't. Sam is their guy.
3) Sam really has control. Others can piss and moan all they want but Sam knows where every significant vote is and he's looking at a winning hand. And everyone knows it.
I'm going with #3. I'm going to assume your heroes were snookered when they bought in. They thought Sam didn't have majority control at the time and maybe he didn't. But I'm guessing he does 6 or 8 years later. This is Sam's piggy bank and he knows a coup d'etat would eventually happen. Say what you want about Sam, but he's no fool. Sam can count. And he has the votes. Denver may or may not know it. The letter may be for show. But it's going nowhere. Sam has dealt with malcontents before. Since he became the top guy at IVFH, Sam remains the undefeated heavyweight champion. It's not an accident. Sam is clever.
Haven't been here in months and to see the Denver Smith's letter, well, I am amazed. Remember, this is the guy who wrote the glowing report about how IVFH stole The Fresh Diet in 2014. I was the CFO of The Fresh Diet from 2010 to 2013. No one ever spoke to me. They could have done some due diligence, but that doesn't seem to be anyone's style that is connected to this POS.
Let's give Denver Smith a mulligan on The Fresh Diet article he wrote. He was young and dumb. After 7+ years of abuse, he has finally begun to see the light. But alas, it's too late. Sam controls this company. He has for years. His stock-based compensation and his ability to keep warring factions apart have served him well. They cannot coordinate to outvote Sam. I'm not sure that is even possible.
Years ago I noted that Sam was taking this company private without spending a dime of his money. Mr. Smith's letter is proof positive that Sam has been successful in his efforts. Despite his poor financial record, he remains in control and will be until he decides to give it up. No one is going to force him out. IVFH is his piggy bank.
Two items worth noting. One - I could be wrong, but I do not remember The Fresh Diet losing $25 million in any one year. At their worst, they were only losing about $900K per month, which on sales of roughly $1.6 million per month is a rather impressive number. And secondly, IVFH has always been unsaleable. The company receives too much of its sales from US Foods. If they pull the plug, this company is worthless. No one is going to buy it. And Sam knows that too.
So in the end, Sam wins again, as I have repeatedly claimed. Mr. Smith can piss and moan all he wants, but he was fooled and invested poorly. Been there and done that with my own money. I am shocked the people that invested with him took this long to pressure Mr. Smith to do something. But too bad, the game is over. His single with two outs in the bottom of the ninth, down 9 to 2, is not going to matter. The game is over and he has lost.
It might be wise for the feds in Washington to start stocking up on some of these Lamperd products. Election day will be here soon enough. Lots of crazies. A little crowd control help might be a wise decision. Go Lamperd!!
Well stated GTMustang. This is a piece of the puzzle I didn't know even existed, but now it too is in place. The story keeps coming together. It gets clearer with each news event. Better times are ahead.
Answer - no one. Sam will find a way to keep the good ship afloat. He always does. I believe I told you all several years ago, Sam is working on taking this private without spending a dime of his own money. When he and his cronies (his board of directors makes the US Supreme Court look neutral and independent) have this all wrapped up, there will be an exit. Not a moment sooner and there is no reason to show profitability until the end of the game. Until then, it's just a string of uninspired management and sloppy performance.
Lamperd has the products and they are adding to their roster of distributors. This is how one goes about building a company. Keep up the good work.
Wishing all a great weekend whatever your reason for celebration. I know things have been quiet here, but this is a company whose time is coming. They have the products and now the distribution is coming together. Still holding with a strong belief that better times will soon be here.
'Diligent board' is the key phrase. Would a diligent board allow a CEO to abandon shareholder conference calls? There's your answer. Grease - still convinced Pappas is the company's change agent? I'm surprised he hasn't bailed yet.
I was expecting a little better for Q4. It is usually the company's best quarter. Q1 is not a good quarter in the restaurant world - Only one good holiday (Valentine's Day), snow, and generally foul weather in much of the country.
Such a simple but brilliant idea. Reusable hulls. Reduces training costs and the risk of storing inventory that might go stale over time.
Another small piece of the puzzle falls into place. Can't wait to see what it looks like when it's done. But it is definitely beginning to take shape. And I like what I see so far.
The money is not at issue here. 20 people at $200 each is not real money. The reason one does this is for exposure and certification purposes. It doesn't matter whether Lamperd does it or a third party does it. The short form word is 'marketing'. Training = marketing. Not all that complicated.
The money is not at issue here. 20 people at $200 each is not real money. The reason one does this is for exposure and certification purposes. It doesn't matter whether Lamperd does it or a third party does it. The short form word is 'marketing'. Training = marketing. Not all that complicated.
Another impressive piece of engineering. The Lamperd line of products continues to grow. More products mean more of a moat to keep competitors at bay. Well done, Lamperd Less Lethal.
Why wouldn't Concorde-Corodex want to expand into security equipment? They clearly deal with other equipment. They have Lamperd, a manufacturer, at the ready to produce whatever they can sell. Unlike some other products, these are not the types of products that one stockpiles as a distributor. They keep samples and enough supplies for demonstrations. Other than that, it's a simple expansion of the same techniques they use to sell fire equipment and other products.
Frankly, this is a no-brainer for Concorde-Corodex. They have found another product they can sell to the dozens of contacts and relationships in the Middle East they have developed over the years. They obviously have tested the products and found that they meet their expectation for quality and durability. Concorde-Corodex believes it can put its reputation with its clients on the line in supporting the Lamperd line.
In short, this is another step in the right direction, another key distributor for the Middle Eastern region, and another vote of support from an established distributor. This is nothing but great news for Lamperd. Things are moving in the right direction. They are building a company that will become a leader in its field. This won't be sitting at a penny on the pinks for much longer.
Lamperd Less Lethal Receives Follow-Up Orders from Talion Defense Corp. for Components of Advanced Riot Control Munitions to be Manufactured in the USA
Talion Performing Assembly and Arming of Lamperd Designed Products for Marketing to US Police and Corrections Agencies
Link: https://www.otcmarkets.com/filing/html?id=15432711&guid=qrfwkFniGBAxOth
SARNIA, ON / December 21, 2021 / Lamperd Less Lethal, Inc. (OTC PINK: LLLI), an innovation leader and manufacturer of advanced security solutions for law enforcement, military and security agencies worldwide, has received follow-up orders from its new Colorado based manufacturer and sales distributor, Talion Defense Corp. (https://www.taliondefense.com).
As with Talion’s initial order in November, Lamperd will supply components of its advanced riot control munitions intended for US police and corrections agencies with which Talion has established relationships. Since Talion imports only inert components of the Lamperd products into the US, this arrangement greatly reduces regulatory issues. Talion performs assembly and arming these components at its own facility to be sold as finished Talion Defense Corp. products. These products can therefore be labeled as “Made in Colorado, USA” making them more appropriate for US buyers.
Oliver Mazurkiewicz, Talion's Agency Sales Lead noted: "We are seeing a great deal of excitement for these less lethal products in the US market and are going to be holding a series of multi-agency demos in January of 2022. We believe the Lamperd products bring a proven quality option to what is certainly a significant agency need."
Barry Lamperd, CEO of Lamperd Less Lethal stated, “We are very impressed by the diligent efforts of our new business associates at Talion to quicky set up their manufacturing and sales operation for Lamperd designed security products in the vast US marketplace. With all the crisis situations happening in the US today, and the demands to find more effective less lethal response products, we foresee a major opportunity for sales growth. Talion is giving us just the presence to grow our market share in the USA at this time when it is needed most. Lamperd products have been extensively developed and tested to be the most effective and also the safest in the less lethal industry so they can be of great help in maintaining order and helping to save more lives.”
For information on purchasing these US-made products, please contact the Agency Sales Team of Talion Defense at info@taliondefense.com or (970) 344-5667.
About Lamperd Less Lethal:
Lamperd Less Lethal, Inc. (LLLI) is a developer, manufacturer and international sales company for advanced less lethal weapons, ammunition and other security products marketed to police, correctional, military and private security forces. The company manufactures and sells over 300 different products including small & large caliber projectile guns, flash-bang devices, pepper spray devices, 37mm & 40mm launching systems and interlocking riot shields. Lamperd also offers advisory services and hands-on training classes run by highly accredited instructors.
For more information visit: http://www.lamperdlesslethal.com.
This press release contains forward-looking statements relating to Lamperd Less Lethal, Inc. Lamperd Less Lethal, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results.Safe Harbor for Forward-Looking Statements:This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact: Lamperd Less Lethal, Inc.
Barry Lamperd, President & CEO
(519) 344-4445
Email: info@lamperdlesslethal.com or sales@lamperdlesslethal.com
Company Website: http://www.lamperdlesslethal.com
Lamperd Less Lethal on Facebook: https://www.facebook.com/lamperdlesslethal
Lamperd Less Lethal on Instagram: https://www.instagram.com/llli_lamperd_lesslethal
Lamperd Less Lethal on Twitter: https://www.twitter.com/LLLI_LessLethal
Barry Lamperd on Twitter: https://www.twitter.com/lamperd_llli
And another piece of the puzzle falls into place. More great news. Momentum is building. 2022 is going to be a very interesting year.
Agreed GTMustang. These people appear to be more than qualified to help direct LLLI as it grows. Another sound move by the company as it prepares for growth.
Second that motion. Great news Jedi and ProfitScout. The 'Made in USA' designation will pay huge dividends in capturing domestic business. Well done, Lamperd Less Lethal. Another piece of the puzzle falls into place.
Next quarter is the 4th. It is always the best quarter in the higher end food business. IVFH will be profitable next quarter. It's the other three that the company has to fix if they are going to be long term viable. I'll have to take a look at the information in the ER. Curious to see how much the consumer sales business has dropped off.
A peaceful and glorious Thanksgiving to all who venture into the tiny IVFH wasteland of a chat board. It's just not the same as it used to be.
Anyone who would dump good money into this to possibly gain control can't have all their marbles. What a waste of good money.
Nice to see an order from Canadian Corrections. It's also nice to see that they are paying for product development. Every additional product is one more reason for agencies to deal with Lamperd. They have product breadth, quality, and they can produce in a reasonable time.
Another piece of the puzzle falls into place. Long LLLI!!
JediJazz - more great information. Lamperd's job right now is to keep working on products that distributors tell them the market wants and keep expanding their distribution network. The rest will take care of itself.
When the police and other agencies decide they need more crowd control techniques, and it will all happen in waves just like these things always do, the question will be 'who has the products?'. There aren't many companies left to choose from. Lamperd is a survivor and their time is coming. They can now offer 'Made in the USA' and best of breed products. Now is the time to load up. It's rapidly becoming a matter of when, not if.
Long LLLI
And the hits start coming faster. The signs of a growing business are becoming clearer with each release. Lamperd knows what it has to do to be successful. It has taken the steps to build a distribution network and the portfolio of products to feed the channel. And now the dividends of that work are starting to trickle in.
We are in on the ground floor of this business. The future looks bright. Glad to be long LLLI.
JediJazz coming in big with two beautiful postings in back-to-back days. First, a market research forecast showing near double digit growth in non-lethal security product sales. And now another security training company working to train police in how to use non-lethal weapons and why they need to be part of a security solution.
It's taken a while. And it's been a long road for many shareholders and the company, but the pieces are beginning to fall into place. The story gets a little clearer each month. And the progress seems to be coming faster. Very encouraging. Go Lamperd!
This is a major step in penetrating the US market. The ability to say 'Made in the USA' means one less hurdle in competing for military and police contracts. My congratulations to Barry and the rest of the Lamperd team. This is a big deal.
Thank you. I understand the digital twin concept. We use it to simulate production systems. If it helps to create the digital twins faster or more accurately, then it makes perfect sense. Long MAPT and hoping for more great news.
Is there an English translation on that last post? Maybe I'm just dumb, but how does 'interactive panoramic imaging' and 'geospatial visual intelligence' interact with MAPT's software and services?
Another example of production flexibility and excellent customer service by Lamperd. A green stripe may not be a huge deal, but how many companies will do this for a client if it is out of the ordinary. Lamperd goes the extra mile to make its customers comfortable ordering its products. Long and strong. Go LLLI!
You keep referring to Papas as if he is the second coming. If he was so damn smart, he would never have invested in this limited upside company. Secondly, Sam is a competitor. I would never underestimate his ability to retain control over this organization.
Sam is going to need more money, but I believe he will find it. The boys will throw in some money, accelerate their ownership percentage, and set themselves up for the big score. I don't know how or when that happens, but I believe there is an exit strategy that will make them a very healthy return. How they find a way to keep that from the average retail investor will be the fun part. Perhaps the percentage of retail ownership will be so low by that time that it won't matter.
Rest assured that the current situation will play into management's hand. It just accelerates the process a bit and forces them to pony up some cash they were not figuring on spending. But they will get it all back with interest. Though this be madness, there be method to it.
Another variation on a theme. Lamperd is creating a supermarket for pepper spray devices. Whatever the need or application, if Lamperd doesn't have it, seems like they can make it. That makes them a highly valuable supplier.
Next quarter will look better from a P&L standpoint as one can reasonably expect the $1.75 million PPP loan will be forgiven. But this is no longer a P&L story. It has become a cash flow story and that isn't looking good. This is not a company that can afford continuing losses for another 6 to 8 quarters.
The DTC numbers have fallen drastically, as expected. This has never been the company's strong suit and it is not at all clear what competitive advantage they have in this business segment. That leaves IVFH as a one-trick pony - restaurant and food service sales. If that segment falters, the company falters. Really too bad that Sam has done all he could to discourage retail investors. Now that he might like to raise cash, he will find it that much harder to do. Looks like the Board is going to have to throw in another few million to get this company over the pandemic.
If there are any retail investors left, they are too numb to know or care about this. After all, they were never going to see a penny from this POS anyway.
Bravo! Another order, another step forward. Lamperd's reputation for product quality and flexibility in meeting customer specifications make this a company of long-term value. No one knows when the time will come that Lamperd's products will become a critical concern in controlling mobs. But that day will come, and all Lamperd shareholders will be richly rewarded when it does.
Nice video. Never hurts to have some favorable PR, regardless of the source or reason. Long LLLI.
Classes are a great way to introduce the law enforcement community about Lamperd's product lines and the specifics of key products. It doesn't matter who runs the classes. They are promoting Lamperd products and that's what matters.
These classes are another great way to promote the Lamperd brand. Well done Lamperd.
And another piece of the puzzle falls into place. LLLI is one of just a small handful of suppliers in the pepper spray industry. They are building their stable of products and distributors. Demand will follow.
This is a long lead time sale, but Lamperd is doing all the right things. It is now a matter to continuing to market, and expanding the product lines. Lamperd is going to surprise to the upside. I believe is is only a matter of when, not if.
And another piece of the puzzle shows itself. Individually, each plays a small role, but collectively they send the message that there is a need for the products Lamperd sells. Lamperd is getting noticed for all the right reasons - great products and limited competition.
Things have been very quiet since January 6th. One wonders how much longer. I see a lot of upset people itching to make problems. Perfect set-up for Lamperd Less Lethal.
Very encouraging. Starting to gain some traction. First with distributors and now with customers. This isn't an overnight process, but it's how one builds a B2B company. Excellent news Lamperd. Well done.