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Good morning to all. The bid / ask is 0.058 / 0.06.
Looks like another lovely day ahead !
200k shares transacted at 0.053. Looking great.
Holding up strong in another day of red !
LNGT - Buy Call ! See Chart and details:
http://quote.barchart.com/texpert.asp?sym=LNGT
great products!
1) Dazer Laser (launched on 27th May 2009).
2) Remote Sensing Army project with ITT Corporation (first prototype delivered already (proof-of-concept), now working on smaller-sized prototype to be delivered around end summer).
3) TRT film for use in mobiles and PDAs. Samples to be sent out soon
Past PR :
http://www.laserenergetics.com/pressreleases.htm
Founder's Messages :
http://www.laserenergetics.com/foundersmessage.htm
What If - 2007 article :
http://www.laserenergetics.com/pdf/LEI_BigApp_ARTICLE_72007.pdf
a)Dazer Laser already launched on the 27th May 09.
http://finance.yahoo.com/news/Laser-Energetics-Introduces-prnews-511200083.html?x=0&.v=5
"LEI is also developing a very effective non-lethal Dazer-Lazer™
weapon for military applications. Sales projections are conservatively estimated at 5,000 units retailing at $5,000 to $25,000 each."
b)Alexandrite laser for use in remote sensing of chemical and biological warfare agents. LNGT had completed and delivered the first prototype to ITT Corporation in Aug 2008 (proof-of-concept).
LNGT is now working on a smaller-sized prototype for ITT Corporation. "The case in point is the ITT/Army laser for remote sensing. First they paid for the demonstration prototype laser. Now we’re working to propose and receive a contract for the engineered laser which we’ll take the prototype laser as our base line, and engineer it to be small and meet military specs for in field use, with the laser specification they need."
http://www.laserenergetics.com/pdf/LEI_19_Completes_ITT_Cont_80908.pdf
http://www.laserenergetics.com/foundersmessage091908.htm
"LEI is developing a new, highly effective Alexandrite laser for use in remote sensing of chemical and biological warfare agents as well as high explosives. Sales projections for this application total 3,500 units at $125,000 each."
Smaller-sized prototype expected to be completed in end summer.
Anyone bought into "stinky pinky" LNGT? Chart looking great! Foundamental wise, think getter better each day.
Hope it out of "stinky pinky" soon, and break free.
http://quote.barchart.com/texpert.asp?sym=LNGT
Stock Diver - LNGT does not qualify your list?
Looking forward to it...
Iron - Tks for the info.
Tks for the info. Think should be positive for LEI to have few more MMs.
The same (holding up strong) had been observed for a number of down days for the market. Looking great !
It's interesting then. Not sure who been buying at and above 0.05 recently. Unless the group accumulating below 0.05 had now starting to do so at higher price now.
But I do hope its someone in the know (and know better).
LTG - Are you doing the buying these few days?
Good morning to all. Oh yes. Agreed we want some numbers. Any types of numbers, such as shares structure, financials, etc. would be great.
I share the concerns and frustrations of all the people.
And tks for all the comments also.
I will still be holding on tight.
Few weeks back i did emailed Robert Battis and Dan if LNGT is thinking of upgrading their company to be fully reporting. No reply as usual. I do understand the cost involved, but personally i think the cost is worth it and will instill confident to all market players, including shareholders especially if LNGT is "alright". It's about transparency.
If LNGT is ok, the cost to be fully reporting will help lift the PPS, and helps in fund raising including bank loan, or whatever form. At least unlike other startups that depend on toxic convertible debentures funding.
Having said all the above, till date, i still chose to believe strongly in LNGT.
You wrote something, and with some DD by me.
Actually i still think you long and believe in this share. Just that Robert Battis' actions to us are slow. I have been holding on to LNGT for nearly 2 years. Will still hold out.
BTW, when you buying back into LNGT? Understand you sold majority of your LNGT shares below current price.
For those who have no confident in LNGT, please sell your shares. Tks.
Holding up unusually strong !
Who buying at 0.05? Nearly 300K.
Sellers had to try harder. But still think they should keep the shares.
Looking forward to the shipping of the TRT, this week or so.
Sure :)
I like the current chart on the board. It's motivating.
Not sure if we can bring in a 2 year chart as well? In particular, i like the 2 years trend. The last spike in end 2007 brings us over 0.10 in one / two days. But this time round, the trending up over the last few months look particular positive and great ! While its slowly trending up, it looks spectacular to me, and (seems) the D-Day is finally coming; more importantly based on real great products.
Cheers to Longs !
Good morning. Am from an ally country of US, in the Asia. Known as a little dot in the East. Well, think people know us as a city State.
Singapore.
Its Good night to me now.
I have been trading startups for the last 4 years or so. Caught up with LNGT after its laser had been selected by the US Army as the laser of choice for its chemical defence remote sensing project. Watching and accumulating LNGT for the last 2 years.....
Cheers !
Not a morning person. Am in different timezone !
Am online most of the time these few days. Doing some research for my work, so whenever taking a break from work, do some posting on Laser Energetics.
I like stinky pinky. Nice-new-board. Try LNGT. Moving out of stinky soon. 3 great products!
1) Dazer Laser (launched on 27th May 2009).
2) Remote Sensing Army project with ITT Corporation (first prototype delivered already (proof-of-concept), now working on smaller-sized prototype to be delivered around end summer).
3) TRT film for use in mobiles and PDAs. Samples to be sent out soon
Past PR :
http://www.laserenergetics.com/pressreleases.htm
Founder's Messages :
http://www.laserenergetics.com/foundersmessage.htm
What If - 2007 article :
http://www.laserenergetics.com/pdf/LEI_BigApp_ARTICLE_72007.pdf
a)Dazer Laser already launched on the 27th May 09.
http://finance.yahoo.com/news/Laser-Energetics-Introduces-prnews-511200083.html?x=0&.v=5
"LEI is also developing a very effective non-lethal Dazer-Lazer™
weapon for military applications. Sales projections are conservatively estimated at 5,000 units retailing at $5,000 to $25,000 each."
b)Alexandrite laser for use in remote sensing of chemical and biological warfare agents. LNGT had completed and delivered the first prototype to ITT Corporation in Aug 2008 (proof-of-concept).
LNGT is now working on a smaller-sized prototype for ITT Corporation. "The case in point is the ITT/Army laser for remote sensing. First they paid for the demonstration prototype laser. Now we’re working to propose and receive a contract for the engineered laser which we’ll take the prototype laser as our base line, and engineer it to be small and meet military specs for in field use, with the laser specification they need."
http://www.laserenergetics.com/pdf/LEI_19_Completes_ITT_Cont_80908.pdf
http://www.laserenergetics.com/foundersmessage091908.htm
"LEI is developing a new, highly effective Alexandrite laser for use in remote sensing of chemical and biological warfare agents as well as high explosives. Sales projections for this application total 3,500 units at $125,000 each."
Smaller-sized prototype expected to be completed in end summer.
Missed out the funding.
Here is it :
a) "As mentioned in the last Founders message, I strongly believe LEI is going to have its best year in its history. Financing looks to be near. We’re continuing work on many different sources of capital with both corporate entities and high net worth individuals that can fund LEI with $20,000,000 or more. I believe we’ll be in good shape by the end of June 2009 with several of the financial opportunities we’re fully engaged in."
http://www.laserenergetics.com/foundersmessage/LEIFoundersMessage6_052709.pdf
b) Sep 2008 : Laser Energetics Raises $1.1 Million at $0.08 Per Share
Funding In.
http://www.laserenergetics.com/pdf/LEI_20_1.1MM_PPM_Final_91908.pdf
c) Feb 2008 : LASER ENERGETICS SECURES $12 MILLION IN FINANCING
Mar 2008 : LASER ENERGETICS PROVIDES EQUITY FINANCING UPDATE
Common Stock Equity Investment is Priced at a $0.139 Per Share
Funding Pending.
http://www.laserenergetics.com/pdf/LEI_16_Equity_Investment_Final_21108.pdf
http://www.laserenergetics.com/pdf/LEI_17_Eq_Inv_Up_Final_31908.pdf
That's all ! My friends as requested. All the major events are in here.
If i missed out other important milestones, can members pls highlight for my friends (and me)? Tks.
What If :
2007 article :
http://www.laserenergetics.com/pdf/LEI_BigApp_ARTICLE_72007.pdf
a)Dazer Laser already launched on the 27th May 09.
http://finance.yahoo.com/news/Laser-Energetics-Introduces-prnews-511200083.html?x=0&.v=5
"LEI is also developing a very effective non-lethal Dazer-Lazer™
weapon for military applications. Sales projections are conservatively estimated at 5,000 units retailing at $5,000 to $25,000 each."
b)Alexandrite laser for use in remote sensing of chemical and biological warfare agents. LNGT had completed and delivered the first prototype to ITT Corporation in Aug 2008 (proof-of-concept).
LNGT is now working on a smaller-sized prototype for ITT Corporation. "The case in point is the ITT/Army laser for remote sensing. First they paid for the demonstration prototype laser. Now we’re working to propose and receive a contract for the engineered laser which we’ll take the prototype laser as our base line, and engineer it to be small and meet military specs for in field use, with the laser specification they need."
http://www.laserenergetics.com/pdf/LEI_19_Completes_ITT_Cont_80908.pdf
http://www.laserenergetics.com/foundersmessage091908.htm
"LEI is developing a new, highly effective Alexandrite laser for use in remote sensing of chemical and biological warfare agents as well as high explosives. Sales projections for this application total 3,500 units at $125,000 each."
Smaller-sized prototype expected to be completed in end summer.
Dazer Laser:
Cost : Unknown yet. Based on the 2007 article : "LEI is also developing a very effective non-lethal Dazer-Lazer™
weapon for military applications. Sales projections are conservatively estimated at 5,000 units retailing at $5,000 to $25,000 each."
Battery : Standard Lithium Battery (low cost)
No. of Rounds : Many (can daze many times. need not "refill")
Range : Up to 2.4 km
Competitor (Stun Gun):
Cost : $300 to $1,000 (this is retail models). Cost of models used by government agencies : Unknown.
Battery : Custom made. Around $50 - $100 each.
No. of Rounds : Single use only. Not reuseable. Around $30 per round.
Range : Limited by wires. Around 10 feet + / - depending on models.
I like the payoff of the toxic convertible debentures in end 2007. Unlike other startups that are plagued by such funding which are toxic.
Laser Energetics Pays Off Cornell Capital Partners LP.
Toxic Convertible Debentures Paid Off in Full; Company is Now Positioned for Dramatic Growth.
http://www.laserenergetics.com/pdf/LEI_9_CCP_Paid_Final_112807.pdf
PRINCETON, NJ- November 28, 2007 – Laser Energetics, Inc. (Pink Sheets: LNGT) announced today that the toxic convertible debentures that the Company previously issued to Cornell Capital Partners LP (now known as YA Global Investments) have been paid in full. The Company no longer owes any money to Cornell. As of today's announcement, the Company has approximately 210,732,554 shares of common stock outstanding.
Robert D. Battis, Chairman and Chief Executive Officer of Laser Energetics, stated, “We would like to thank Cornell for providing financing at a time when financing was a difficult proposition. However, times have changed. We are now generating important orders, and are commercializing our intellectual property. In addition we're negotiating joint venture agreements, and are poised for dramatic growth because of pending military and homeland security contracts. As a result, we have more beneficial and advantageous sources of financing available to us. We are very excited to convey this happy news to our shareholders.”
Battis continued, “We can now focus our energies on developing our business. Our BrightStar™ Alexandrite laser technology has gained a lot of attention from the defense industry. We're currently working with several large contractors to identify new and additional applications for the technology. We expect to be in a position to make several announcements regarding these developments in the very near future.”
SHARE STRUCTURE:
Below confirmed by TA on March 24th, 2009
A/S: 700,000,000
O/S: 268,669,514
Float 115,882,529
Restricted 152,786,985
Transfer Agent:
Interstate Transfer Co.
801-281-9746
In another 2 weeks, expert disclosures due.
The trademark opposition by TASER against LNGT application of Dazer Laser trademark.
http://ttabvue.uspto.gov/ttabvue/v?pno=91187857&pty=OPP&eno=2
TASER changed their lawyer on the 10th Jun after TASER's motion to compel discovery had been rejected by the trademark office. Not once, but twice. Good job LNGT !
Quote from Trademark office : "This proceeding has moved forward less than three months into the discovery period, and opposer has already filed two motions to compel discovery, both of which have been denied. Accordingly, the Board, in exercising its inherent authority to regulate the conduct of its
proceedings, hereby precludes opposer from filing any further motions to compel without obtaining permission to so file in advance from the Board in a telephone conference between the parties and the Board attorney assigned to this case."
http://ttabvue.uspto.gov/ttabvue/v?pno=91187857&pty=OPP&eno=11
Not sure if TASER can make it in time for the expert disclosures which is due soon, after replacing their lawyers.
A final judgement on denial of the opposition, and award of the trademark Dazer Laser will be great for LNGT. And create a new media buzz.
Please Note:
"Laser Energetics, Inc. has filed an application in the U.S. Patent & Trademark Office ("USPTO"), seeking a federal trademark registration on the mark "Dazer-Laser". The trademark examiner approved the application and published it for opposition. Taser International, Inc. ("Taser") filed an opposition to the registration (the "Opposition Proceeding"), arguing that registration of the "Dazer-Laser" mark would create a likelihood of confusion with Taser's registered trademarks. The Opposition Proceeding is now being litigated in the USPTO, before the Trademark Trial & Appeal Board, and LEI is vigorously defending it. Nothing in the Opposition Proceeding, whatever the outcome, would affect or impair LEI's ownership of the proprietary technology for the Dazer-Laser and the company’s ability to market its product. The Opposition Proceeding involves only a challenge to registration of the trademark."
http://www.laserenergetics.com/foundersmessage/LEIFoundersMessage6_052709.pdf
Looking forward to a PR on the TRT in the next few days....
Good morning (real morning) to all !
LNGT - 3 great products (Dazer Laser launched. Remote sensing laser first prototype completed and delivered to ITT Corporation. TRT film to be shipped anytime now to potential clients + probable tied-up with ITT once again for the NASA project)!
Cheers !
LNGT with ITT / NASA Project ?
For new comers to the board also.
NASA selects ITT to develop critical sensors to measure CO2 from air and space :
http://finance.yahoo.com/news/NASA-selects-ITT-to-develop-bw-1321715640.html?x=0&.v=2
Though this article may be a bit outdated (Year 2003), we can linked NASA with ITT and with Laser Energetics !!! See 4.4 Governmental, Industrial and Academic Partnerships. Looking great for LNGT ! Considering the long-term relationship with ITT (and for the remote sensing project as well where the first prototype had been completed).
http://74.125.153.132/search?q=cache:fH0NgvSnYJYJ:ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/20040000033_2003138014.pdf+itt+remote+sensing+alexandrite+laser&cd=29&hl=en&ct=clnk&gl=sg
LNGT / ITT Corporation Remote Sensing Laser
For new comers to the board.
With LNGT already completed the $0.5m proof-of-concept contract with ITT (in 2H 08) after their laser had been selected as the technology of choice by the US Army, looking forward to the completion and delivery of the smaller-sized prototype by LNGT to ITT soon.
This is a huge potential project at an estimated $100k (conservative) per set of laser for incorporation by ITT into their army contracts.
2008 article on the ITT/LNGT Technology. See Article 9 :
http://rds.yahoo.com/_ylt=A0oGkj.nOkJKJaYAThdXNyoA;_ylu=X3oDMTE0Mzk4bDNsBHNlYwNzcgRwb3MDMzAEY29sbwNzazEEdnRpZANGODIzXzEwNA--/SIG=130l9qll1/EXP=1245940775/**http%3a//www.mwrf.com/milelec/act_downloadopenPDF.cfm%3ffilename=ME_200803.pdf
2001 article :
http://www.photonics.com/Content/ReadArticle.aspx?ArticleID=8268
Past Developments :
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_I/threadview?m=te&bn=9846&tid=5745&mid=5745&tof=10&frt=1#5745
LNGT's TRT Optical Film for Mobile Phones and PDAs
For new comers to the Board (understand there are some)
TRT Optical Film by Laser Energetics Inc :
Use : Mobile phones, PDAs, Signages, etc.
Cost of Manufacturing Line : $100k - $150k
Cost of TRT versus current utilised technology: 10%
Profit (Gross Margin) : 90%
Patents : Several PCT pending
Sunk-In Development : Acquired from Honeywell International. The TRT technology took many years and over fifty million dollars to develop.
Samples to be shipped out soon :
Details : http://www.laserenergetics.com/foundersmessage/LEIFoundersMessage6_052709.pdf
TRT ( Totally Reflecting Transmitter ) is a new optical film which couples light more efficiently by redirecting light from a source and/or LGP (light guide plate). TRT’s many benefits consist of brightness enhancement of the display, longer battery life because of improved transmission of light through the film, and reduction of costs in the manufacturing process of LCD’s.
Magno lead his team, to the advancement of this technology by producing parallel optical microstructures on an optical film to couple the light from a waveguide via these microstructures which improved total light transmission by 30%, thus improving overall efficiency of the display. This improvement leads to longer battery lifetime and greatly reduces the cost to manufacture the display. As an example, the TRT can be used to replace the present brightness enhancement and diffuser films found in all mobile phones and most PDA’s.
Robert D. Battis, Founder and CEO of Laser Energetics, stated, “The cost to manufacture the TRT is under $0.10, versus multiple films costing over $1.00. The cost of assembling the TRT film into a mobile phone is also reduced because of the reduction of many films currently found in a mobile phone, to a single TRT film”.
Battis further commented, “TRT” is Better-Faster-and Cheaper than the current utilized technology. The applications of the TRT technology for light transmission are breath taking. Global mobile phone giant Nokia predicts the global handset market will grow 10% in 2008 to 1.1 billion units. Samsung Electronics, the world's No. 2 handset maker, recently forecasted the market to 1.28 billion units. In the annual meeting of investors held in Amsterdam, Nokia executives projected that industry wide mobile device volume growth in 2008 will be above 15% in Asia-Pacific, China and Middle East and Africa but below 10% in North America, Europe and Latin America. Nokia also said the four billion mobile subscriptions mark now is expected to be reached in 2009, rather than in 2010 as previously forecast. Keeping this in mind, if TRT for mobile phones with its superior qualities is utilized in only 10% of the market for over 1 billion mobile phones, this equates to over $100 million is sales with a 90% gross margin. This does not include other consumer devices such as PDA’s, digital cameras, digital video recorders, GPS systems, signage and larger screen displays. We look forward to announcing some very significant sales of TRT products in the near future.”
http://www.laserenergetics.com/pdf/LEI_21_LEI_Makes_Strategic_Acquis_Final_92308.pdf
Demand for Dazer Laser - Homeland Security Department
DD :
After the launch of the dazer laser, there is this news article :
http://www.theregister.co.uk/2009/06/01/laser_energetics_puke_ray/
The last sentence reads : "One question does spring to mind here. Do the rival puke-ray programmes at the Department of Homeland Security and the US Navy know about this?"
I managed to find out the answer. There is a similar programme sponsor by the Department of Homeland Security, with a LED-based incapacitator developed by Intelligent Optical Systems Inc. The equipment uses LED Light. More details about the LED-based incapacitator can be found in attached link : http://www.intopsys.com/news.html
Understand the LED-based incapacitator is still currently under further testing and yet to be push out into the market. Their target is Year 2010.
Compared with Dazer Laser, (this my opinion), i think Dazer Laser can out-perform. In the sense Dazer Laser uses laser and had much longer range up to 1.5 miles(unlike the LED-based incapacitator that had a range of around 30 feet only); Dazer Laser is still effective in broad daylight, light rain, snow and fog.
I do hope Laser Energetics had already engaged the Homeland Security Department and had presented their Dazer Laser to them, and beat the LED-based incapacitator. Or at least get a portion of the contracts since the Homeland Security Department is keen to equip their personnels with such non-lethal equipment. Laser Energetics mentioned that they had already made formal proposals for over forty million dollars, and anticipate proposals of over two hundred million before the end of the summer 2009. http://www.laserenergetics.com/foundersmessage/LEIFoundersMessage6_052709.pdf
Conclusion : There's real demand for the dazer laser out there, at least with the Homeland Security Department. On the basis that the Homeland Security Department is interested in something like the LED-based incapacitator, then Dazer-Laser stand a chance to get the (some)contracts due to its comparative advantages.
Can sell to ltg if he interested in buying more at 0.051
Hi Crawler - What price are you selling at? Above 0.05? You had to sell large (and place a large volumn) below that to get the buyers in. I understand there is a group out there buying all the shares at below 0.05. But they funny though (as in sticking to their objective of not buying above 0.05 at this stage).
Maybe like you, they had enough shares, and they will only accumulate more when price is below 0.05.
If you want to get rid of your few hundred thousand shares, try between 0.04 to 0.05 (maybe at the lower end).
But i think you should keep them though.
Like you, am holding my shares till hell or heaven !
The chart says nothing. It's just an indication of buying at ask and selling at bid.
The fact is that there are no cheap shares available for sale.
And that the price had been holding up, even creeping up.
And if someone is interested in selling at current price, pls do so and with large volume.
There's people out there waiting to buy large. And yes. These people i understand had the patience to wait for cheap shares too. They are trying to pick up as much as possible at 0.05.
Enjoy your weekend too. Understand you are a long (and for a long time)on this stock as well.
Agreed with you. But i like the fact that its holding up longer than expected (unlike in the last).
A contract for dazer laser (or even a further research / testing funding by a govt. agency if necessary) will be great.
1 / 2 weeks back, i dropped an email to Robert Battis and Dan and reminded them that the homeland security department is interested in the type of technology like Dazer Laser, and asked if they had carried out the presentation to them. No reply. This is expected as the company is a public company.
Looking forward to a PR on the tied-up with ITT as well.
Have a nice weekend too !
Yes. They / we can't find enough sellers. Please unload all your shares.
Slow accumulation again !
Nice Chart : LNGT
LNGT - Laser Energetics inc
http://quote.barchart.com/texpert.asp?sym=LNGT
Dazer Laser launch :
http://finance.yahoo.com/news/Laser-Energetics-Introduces-prnews-511200083.html?x=0&.v=5
Demand for Dazer Laser - Homeland Security Department :
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_L/threadview?m=te&bn=75343&tid=463&mid=463&tof=10&frt=1#463
Partnership with ITT :
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_L/threadview?m=te&bn=75343&tid=461&mid=461&tof=13&frt=1#461