Disclaimer: I hold LEI long.
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Funny Billy....
I'll bet this isn't the first penny you played that has given you the $hits!! HA!
If not true, why post or follow here...waste time? Must be out of frustration, anger, resentment, etc...
Also, for all those "lost" on directions, the LEI office is not on RT 1.
Believing in a new religion eh!!!
So who's you're new Pastor, Rabbi or Priest this time....LOL
Good luck to you too!
Nocan...never left...just silent.
Such BS by some here.....yet, how funny that my earlier posts from today have been deleted....when a fact is presented.
Enough of these crazy ideas about hedge funds and guys smart enough to buy and sell stock for profit on a company that hasn't done anything in over 6 years for the long holder....sounds like Obama's scheme of diversion away from the big issues....the only thing that saves this is a real purchase order from a real customer....and not some foreign entity in the Middle East. At this stage either CACI and LEI delivers a tangible product to the DOD or the boat sinks....!!!
All they keep doing is lending out their product and no one buys it.
In 1982, I can remember holding the only EPROM in the US for a simple video game called PACMAN. It was a pre-production cartridge that went on to produce Billions of sales revenue for ATARI...
Bob only needs one working Dazer to produce similar results.
Whether he possesses the capability is another question?
Stocks, Bob hasn't convinced me of anything. My success or failure in past industry was based on tangible products that were produced and delivered to a market place....with developed strategy.
I'm still waiting for LEI to get to first base in this regard...A few years ago, there was no need for my experience or capability because the company had not progressed to the stage that my talent would have been productive for them. Shame on me.
For now, I can only keep on trusting Bob even though I know he's slipping me the finger at times because he can't disclose proprietary info....my only other alternative is to litigate against him....so recognize these facts as my only basis for dealing with LEI.....TRUST or LITIGATE...only two options...I prefer trust would outweigh the gains of option two for me.
Time will only tell which way this goes!!! But no one can say I haven't been fair, loyal, or supportive of the technology here and on behalf of LEI.
Stocks, I don't have a fckn clue what is or isn't tied to CACI, what is or is not tied to Financing or raised Capital, or what is or is not tied to real tangible orders and manufacturing anymore. I've heard so many timelines come and go and "soons" floating in the void of our universe, it's starting to make me believe my entire personal experience with LEI was part of a worm hole that popped me into a dimension that is alien to me...HA!
whaw14...you don't hear any dissent from me. I've lived through so many disappointments here but always remained positive for the technology. I figured FDA approval & GHOST additions to the product even make the argument to be supportive even more so. From the tech side, you would think that long term holding would make up for more than many years of frustration...
Yet, in the PR department over the years, the grade has been far from passing. Just show me some actual results, right?
Stocks...my hard dates have come and gone based on some conversations that I had with Bob. I have placed trust in the fact that this contract announcement for the Marines will have to be made public by March 31, 2014. That we know is a fact. Either we're part of that $49M 5-year rollout or we're sunk...JMO
Like B-Rider, Knightly, Ching and others here incl you, I have no other hope than to wait it out. Yet, after waiting over six years for this rooster to crow, what's the big deal pushing back my original timelines of March 2013 forward to March 2014???....
It just frosts my arse that I have been so patient for so long and have relied on so many statements that have never come true.
The way this stock is going, I'll be able to use my unrestricted certs as wallpaper before the Marine contract gets awarded.
Bob has to release some credible info shortly to stop the bleeding and to build some tangible investor confidence, the current SP cannot be helping the company.
LTG...You and Guts are right!!! What's another year and the market still doesn't believe much is happening at this point based on SP. We have been around this "soon" thing so many times before...it's like some of us want to bash someone, somewhere with a 2x4 just to get a look at reality.
Actually, I think our wait would only be to March 31 2014...Fiscal year for US Gov starts on Oct 1 of previous year.
So what's nine more months for most of us...a walk in the park...LOL!
KC, the math is interesting....
The bantering over the years on Dazer's cost has been estimated from $2500-$5,000. (give or take) So, using those numbers we're talking almost 10-20,000 units over 5 years.
The Marines by themselves would put production at approx. 160-320 units per month. Now, that is something I can equate a starting business plan against.
This is a real test of our nerves. Of course, the award is for the first 5 units....to be further tested and evaluated...at which time it would seem to me that other competition could slip in....however, once they decide it's only one manufacturer, and if it happens to be LEI, we'll be serving pig with the Mai-Tai's.
If this happens, we'll wish we broke into our kid's piggy banks and bought more shares for pennies each...
GLTA
Stocks....what they gain is INSTANT credibility which opens the door for infinite sales of the newest, most advanced technology...and considering what we all expect here...I'll take it!
Refer back to my previous post about IDIQ contracts....Indefinite delivery, indefinite quantity is when there is not an exact number or $$$ amount that is understood. The process for procurement is streamlined, meaning PO's can be written without any red tape....the $49M number is a minimum estimate...
...Pretty impressive!
KC, You have a good memory.
The Longs here have been down so many hopeful paths before. Yet, to this point, the Dazer is the most practical product LEI has pioneered for Global distribution. We are at the forefront again with GHOST technology.
I can't remember the one detractor who kept slamming this tech because of "burnt out eyeballs because you would have to manually operate the system utilizing guesswork and too much time"
Now, a chimpanzee can be trained to daze a perp...or to demonstrate the safety factor to the US Govt. by dazing Feinstein, Boxer & Pelosi during a Capital Hill lunch break.
(Schumer and Holder are already blind.) LOL!
Actually, Guts I would have addressed the GHOST technology as the main proponent of the press release and dropped the proposal on the $49M contract as a teaser saying something like..."this new technology puts us at the forefront of all likely competitors and allows us to aggressively demonstrate the most compact, advanced non-lethal green laser in the world."
Of course, I'm speaking from the Marketing angle....I see the PR the way someone else described it as "holding a lottery ticket"....my excitement was for the GHOST angle, whereas the PR addressed more ambiquity about contracts and sales...not an actual award.
I may have been missing something, but I never heard of the GHOST tech until today....seems to me that this was a kick-ass development that I really would have touted....
Again, not second guessing anyone, JMO
Not sure with this type of tech...but to me, it would be a no brainer...if it passed without GHOST, the enhancement only makes the tech safer and easier to deploy. So, it should be a simple process in light that the modification doesn't alter the end result, only changes the operation.
Just my opinion.
Guts...now that is the $64,000 question. However, if this contract is being awarded at a future date to a "small player", keeping the Big Sharks out of the water, our CACI relationship comes into play big time IMO...
CACI, is looking to grow vs. the big boys and specifically in this C4ISR category, being awarded themselves a prime Contractor position by the US Govt. (http://finance.yahoo.com/news/caci-awarded-position-prime-contractor-120000077.html)
So, the chances of another small laser guy out there with the type of alliance with a provider like CACI, (small but looking to grow vs. the big boys) is probably an advantage that we have. I can't imagine too many other's would fit the same mold (by overall comparison)....yet, I could be wrong. Again, just my opinion.
Hopefully, what the Longs see here with the CACI/LEI partnership is the same strategic alliance that could help rocket two smaller companies in their categories....I mean with CACI's contacts and LEI's non-lethal tech....and both in alignment to the Gov's contract parameters...I would think that success will eventually be realized.
GLTA
Stocks....been around since 2007...
LEI has become my one vice and drug of choice...LOL
...always keeping one eye on LEI and the team...
GHOST is really a great breakthrough, not just for the Dazer, but for other products that it could be assimilated with.
5 year IDIQ Contract
From Wikipedia:
The Government uses an IDIQ contract when it cannot predetermine, above a specified minimum, the precise quantities of supplies or services that the Government will require during the contract period.[1][2]
An IDIQ contract allows for a certain amount of contract process streamlining, as negotiations can be made only with the selected company (or companies), and such contracts are exempt from protest, per Federal Acquisition Regulation’s Subpart 33.
...used "when it cannot predetermine,above a specified minimum ($49M,.....allows for contract streamlining....negotiations can be made only with the selected company (or companies....and are exempt from protest....
GREAT POSITION TO BE IN
"would like to think we are better off than last year or at least in the best position we have been in since 2009."
The real news is the GHOST technology....
With FDA approval and this type of focusing system, I would think that insurance issues and litigation problems should be minimized.
Great work LEI...
Technology always advances....while there has been a long wait for actual sales results....the real news is that we have just moved out from the dark ages of the first generation Dazer, positioning us strongly against competitors that may have been trying to improve on our earlier position of product offerings.
Puts us right back in the game, in the current year, with the most advanced product available...timing and reality couldn't be better...
Better buy while the stock is low!!!!
Ching, I'm sorry that I can't offer any reliable input here....I have been under the assumption that many good things were imminent at LEI for a long time. I have sent Bob many texts and have talked to him by phone on occasion, as we still have open, unresolved issues between us. I'm trying to give LEI every chance in the world to drive the past disappointments away by announcing real orders that will lead to the start of Dazer production because there is accompanied financing to accomplish all contract commitments in a timely, realized fashion.
CACI, MSNBC, WKDA, ha, ha, I really don't care who the partnership is with and who is doing what. It's time to serve up the enchilada here, with plenty of habenero sauce for all the long time investors. Either I'll be buying Bob lunch in May at Nick's restaurant because good news would have already been announced, or I'm going to visit Nick and dine by myself while I down a few shots going over his great menu and taking a dozen canoli's to my Mom while I'm visiting back East.
All my comments are JMO, I wish all GL here. Whether you flip or hold for the supposed big payday, you would think that with N. Korea ready to explode, the 2nd ammendment under attack, and all the other practical uses for this great technology, Bob would come up with a way to get someone's attention.
Have a great weekend I Hubber's.
It's the new 'in thing' with this Administration to be politically correct these days, isn't it?...LOL
Great tech, false hope, uncertain premise, & broken promises....sad but true. This is what LEI represents and what they have had to endure... No blame, just facts!
Hopefully, I'll get to see Bob later in May...
Believing that LEI is onto anything without major capital injection is fools gold. There are and have been very talented people involved with LEI, he must deliver this year or face many coming cold realities..
I always keep the faith and trust what Bob says... What other choice do we have if we are invested here?
Stocks.....for some of us old timers that have been onboard here, another year is like a stroll in the park...LOL! Bob's definition of soon, is a little different than Webster's...
GO LNGT!
Stocks in light of new Sr. Mngt at CACI....I decided to go another month...if no news by mid May I will visit LEI. Sometimes, a new team pursuing growth in a new corporate initiative requires a bit more time. Some here have reported that the CACI -LEI relationship is still going strong... I believe that to be true. Any true DOD or Special Ops sales will be most likely announced by CACI first and a lot of news by LEI soon after... Sitting in Denver Airport waiting on a connection...must do other business to pay the rent.. HA!
All JMO...GLTA
Then and now....
Aug. 13 2012.....According to CACI President and Chief Executive Officer Dan Allen, "In the C4ISR arena, there is a growing demand from combatant commanders, law enforcement officers, and governments worldwide for non-lethal weapons capabilities. As a result, many governments, led by the United States, are entering into non-lethal weapons research, design, and procurement, covering the full spectrum of public safety, law enforcement, crowd control, and asymmetric warfare. CACI and Laser Energetics intend to be the leading solution providers in this field."
Feb 19. 2013 This five-year indefinite delivery/indefinite quantity (IDIQ) contract, which has a ceiling of $11 billion, represents new work for CACI and expands the company’s presence in its C4ISR, Logistics and Material Readiness, and Business System markets.
Good news indeed!
In addition to FDA approval....Ladies & Gentlemen...start your engines.
For the record....back on Aug '09 I responded with the following to your post #10895....seems like only yesterday...
Cruiser....if we hit $1 I'll buy a round for the 1st 100 investors that show up in Hawaii....if its only 10 of us.....then 10 Mai Tai's each....
If we hit $5-$7 in five years, the pig roast and Luau are on me for whoever shows up for the $1 gig!!!
No offense intended...no offense realized.
GLTA
wshaw....I'm not sure we know each other personally, what is known is your public disdain for LEI management....in particular Bob and his son Ryan.
The company has been under capitalized for a long time. It's easy to Monday morning QB from an easy chair and keyboard. I have never shot public arrows at you or your on-going rants about Ryan.
I have met both of Bob's sons, Michael & Ryan. In light of some of the Occupy Youth of America these days, Bob has done quite a fine job raising his two boys as two hard working and intelligent kids.....I would think he wants nothing more than to succeed for their future benefit.
So, the next time you rant about Ryan and his one statement to you that you have seemingly hung him out forever, maybe you might cut him a bit of slack for his youthful, aggressive passion to succeed, and his lack of patience for those who attack his daily effort.
And we're all glad to know that you have figured out to flip this stock to make money...brilliant.
The owner of LEI knows who is loyal friends & contributors are.....business is not personal, its just accountable.
...perhaps some believe that because they flip a few $$$ of LEI, its their inalienable right to inherent millions off the back of Bob....
....such thinking is foolish...yet, I know a lot of fools who are worth millions!!!
Personally, I believe the real game is just starting to unfold....up to this time, it's all been foreplay....ha! In the end, it's not important who receives any credit, but who wins the game....and there will be many winners.
I meant Federal Agencies, not LE.
...it is without question that LEI and its team would deserve the credit for all its success....I don't think anyone could debate that, or is stating otherwise....CACI, just helped opened doors that may have taken years to do without their contacts...of course that is to the credit of LEI's founder....
My point is that CACI, as an Exclusive Distributor for DOD and LE have no choice but to produce positive results....or it would not be in the best interest of LEI....
Again, my personal opinion.
LTG...the tentacles of your outreach never cease to amaze me.
I'm impressed that you are posting LEI webpages and back in the game.
As I stated my position in January, that I expected documented performance no later than March 31....I felt that CACI could not go through successive reporting quarters without posting positive results, since we heard from their top brass last August.
In a real corporate world (CACI), the sales team is held accountable for producing results and my personal timeline was aligned along these parameters....I sense that either this will all be worth the wait prior to the end ot the 1st QTR. '13 (through CACI announcements) or we will have to seek alternative solutions to verify the forward validity of our holdings and positions.
Here's to all longs....who may soon feel the warm sea breezes and the quenching thirst of Knightly's Mai Tai's.
All this is just my opinion....not because I know any more or less than anyone....but because I have held the technology in high regard from the beginning and see a real application for its non-lethal use throughout the world.
Knightly, I have no problem with the traders of LEI....it's a free market...there's also nothing wrong with the longs who believe in the tech.....I won't use a public forum to question LEI's hardwork to date or their results (sales) to date. I have always understood their challenges and sincere attempt for success. MY DD.
I'll patiently wait until March 31 for positive results that have been told to me that are soon imminent...I have believed in Bob and the tech, being invested since 2007. In my case, Bob knows where I stand. It's a personal and private matter, but if nothing changes, then I have decided that in 2013 I must no longer rely on patience but "do the things that I must do."
I am nothing short of a true professional with the highest level of integrity...on business matters and investments, I always demand the same in return from others.
Law abiding citizens have a right to the second amendment and long term, patient LEI shareholders deserve better than the current .035 cents per share....while legally they may not be privy to balance sheets, they deserve "accurate" reporting on corporate accountability that can be substantiated based on publicy made statements from the company. Investments are made on good faith statements that hold some chance percentage of successful results with ongoing statements over years.....it would be impossible to make statements with NONE ever coming to fruition.....
As a matter of fact, I'll plan to meet with you sometime in mid March or so....we can meet somewhere halfway between you and San Diego for me.
Knightly, from my book the "onion starts to get peeled" starting APRIL 1 if significant news is not announced by then.
Thanks for your understanding. Trust me, this will be the last year of waiting for me, one way or the other.
LTG. I cannot use a public forum to discuss my personal feelings about what I really think is going on here. As you know, I had to move on long ago from any thought of me offering LEI sound advice from a sales perspective. However, I have listened to many assertations that have never materialized....still to this day!
I will start reaching out and making contact with stockholders by April 1 if we do not see bonafide results that can be documented by LEI within the next couple months.
I will get answers and finally put this waiting game to an end once and for all.
Staying positive for now.
You may be right about nothing changing prior to March 31....I have talked to Mike and know a lot about the lay of the land from my own personal experience with LEI. Unfortunately, I was never really utilized by LEI during my time under contract.
As I have moved on from hoping that LEI would ever utilize my skill set to help sell Dazers, I've always been positive about the tech.....and Bob knows that I only wish great success for LEI and those that support him as well.....I trust that he will either produce good results prior to March 31 for his investors, or at least show me a high level of professionalism for the things we have discussed over the years.
The date has no special significance....it's just that Bob has asked me to be patient for LEI to produce results (which I can understand for many reasons)
The date has been set by me more from an emotional point than anything else.
I don't know much about Frank other than a brief, cordial dialogue (intro) I had with him when I visited LEI's HQ last April.