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Wow! I think you are both right.
Massive volume today. 2600 shares at .0005. That is a huge $1.30! The seller must have needed some change for the coke machine!
Of course, I use the term "company" very figuratively since this "company" has no employees, no office, no website, no phone number, and no income.
It appears that the only thing they have in ready supply is lawsuits!
Why on earth would anyone waste their $256 dollars buying into a company like this?
Surprising high volume for a bankrupt, out of business company that never made a penny!
It looks like at least one of the CACI executives named in the LightPod lawsuit is still with the company. I wonder if they would have any additional concerns with their company name being associated with a Canabis company!
30. In January and February 2012, Battis/LEI repeatedly stated to Budike/Light-Pod that he approached John Dalton and Mark Robertson, executives at CACI, who both, on behalf of CACI, agreed to, and in fact would, invest Three Hundred Thousand ($300,000) Dollars with LEI to help launch Light-Pod technology.
Updated to include the two most recent lawsuits as well.
I believe the bankruptcy filing was likely a direct result of the LightPod and Phil Risko lawsuits which both alleged fraud against Bob and LEI leadership.
Added some of the bankruptcy information to the iBox.
Good old Ryan doesn't even include Laser Energetics on his LinkedIn profile!
I wonder why that is? Could it be that he was the Vice President of Business Development for a company that went under because the technology was outdated and overpriced and he was ultimately unable to develop and business?
Anyone remember the "Contract" they had with CACI?
I wonder what the execs at CACI would think about having ties to a company that now appears to be related to the marijuana industry. That type of relationship goes over really well in a Government services company with a high number of cleared personnel and intelligence community contracts!
Including one name alluding to his previous company name.
It was called DataNet2000 and he did consulting for Battis and LEI. He claimed he could open doors to Gov't contracts since he had actually won a few while running his own company. He then invested some cash in Battis and was a front man trying to get in with CACI
I think there were several different iterations of Frank Spano as well.
It is a well known fact that Ryan and others associated with the company posted to this board and Yahoo under several different aliases.
Ryan Battis
Anyone remember Golden Boy from when this company still 'existed'?
ALL PLEASE NOTE:
The company formerly known as Laser Energetics does not exist. The company filed for bankruptcy and ceased operations several years ago.
It appears that a boiler room purchased the Laser Energetics domain (and possibly company registration) to capitalize on the growing interest in marijuana related companies.
There is no company. No assets. No employees. There is nothing left of the ashes left in Bob Battis' wake.
You have been warned.
This is purely speculative P&D play by a few individuals who acquired the website domain.
Don't be a fool.
Honestly, I think it is just a classic P&D. "They" bought the website to pump attention to the now non-existent company knowing full well that Bob won't care because he is underground.
"They" bought a ton of shares at fractions of a penny before updating the webpage....once the page is 'leaked' on this board an others there is an uptic in interest and they sell their shares for a decent profit. By the time anyone realizes the website is not related to the actual shares of the company they have the website down, their shares are sold and they move on to the next mark.
Take a look at how the website was 'discovered' and announced here. Immediate uptick in attention and volume and share price.
Just look at the declarative statements on that new version of the website.
They are making unsubstantiated health claims....Heck, they claim that it Prevents Cancer!
You think Bob had trouble with the FDA trying to get his laser approved? Just wait until the proper authorities at the FDA look at the unsupported medical claims on this website!
No reputable company would make such claims, knowing full well that they are only an invitation to get shut down.
Bogus listing.
Area code 300 is an unassigned listing and does not correspond to any actual US telephone code.
This is in no way related to the scumbag that ran the Laser company.
Poor Bobby and Ryan just couldn't pay to keep the website active any longer so it went dormant. For some, unexplained, reason the cannabis company acquired the URL for use in their business.
I have also seen a company that sells corporate registrations so that a brand new company can 'acquire' history and essentially say that they were formed 5, 10 or 20 years ago instead of 5 weeks ago. Generally, the longer the registration had been active, the more valuable it is to sell. Not sure if that is the case here, but they could have acquired the corporate registration (out of Delaware, maybe?) and received the URL as part of the package deal.
Anyone else been getting contacted by a law firm called Marks Klein regarding the Risko lawsuit against Battis and company?
From the questions I received it sounds like they are trying to track him down.
Let's not forget his global campaign to save humanity (seriously).
Have a Heart - Save a Life (TM) [Seriously, he even paid to have that trademarked with investor money!]
http://www.laserenergetics.com/dazerlaser_gallery_haveaheart.html
Updated proceedings in the Risko v. Laser Energetics case.
VENUE:MERCER COURT:LCV DOCKET#:L 001068 14
CASE TITLE:RISKO VS LASER ENERGETICS INC CASE TYPE:CONTRACT-OTHER
# OF MOTIONS:11
CASE STATUS:REINSTATED 04/24/2015
# OF PARTIES: 7
CASE FILED:05/06/2014
AGE OF CASE: 1YR 6MO
JURY:6 JURORS
DISCOVERY DAYS: 0343
CDR INDICATOR: M
DISCOVERY STARTS:04/24/2015
DISCOVERY ENDS:04/01/2016
TEAM LEADER:COOK
PRETRIAL JUDGE: MARBREY
FEE-SHF-IND: N
LAST PROCEED:11/20/2015
MOTION HRG 09:00 COMPLETED
I would think so...
No contracts = no incoming revenue.
Couple that with the shell game being played with the Intellectual Property and the only thing of any real value are the patents Bob and LEI own; most notably the non-Laser Dazer patents for the Alexandrite. It might even be too late for any of those to matter because Bob wouldn't have the financial horsepower to defend and litigate if anyone decided to infringe on any of his patents.
If he had any business sense he would have offered to license his IP to companies with an actual use for the technology; instead he thought he was going to be the next Steve Jobs (honestly?) while single-handedly changing the way police forces and the military operate, all the while never having served himself! The hubris on that guy.
His son, the SALES VICE PRESIDENT(!) doesn't even include any reference to LEI or lasers in his LinkedIn profile...go check it out. Still out there trying to get his first sale; this time with software. I think it was Insurance for a while too?
Where is Frank Spano when you need him, huh Ryan?
June 16, 2014 (Redmond, WA) – B.E. Meyers & Co. Inc. is proud to announce the United States Marine Corps Systems Command (MARCORSYSCOM) has awarded them a contract for the GLARE RECOIL (http://bemeyers.com/product/glare-recoil/) in support of the Ocular Interruption (OI) Program. The GLARE® RECOIL joins the established GLARE® product line of non-lethal green lasers that have helped evolve escalation of force protocols over the last 10 years. With over 36,000 hail and warning lasers fielded since 2004, the GLARE® product line is the most widely deployed system in service across the DoD.
MARCORSYSCOM met with B.E. Meyers & Co. Inc. in Redmond, WA last week to discuss future deliveries and technology advancements by B.E. Meyers & Co. as part of the official post-award conference.
“B.E. Meyers’ reputation as a technology innovator and industry leader in non-lethal laser capabilities now benefits the Corps, and we are proud to be able to provide to them with the appropriate equipment to meet the challenges of the modern battlefield”, said Mike Alvis, CEO of B.E. Meyers & Co. Inc. “The GLARE series of products have a proven track record of helping determine threats on the battlefield as well as saving lives. The GLARE® RECOIL will provide U.S. Marines in convoys, checkpoints, and during port security operations with the best technology available to ensure the safety of the Marine on watch as well as the host-nation populace.”
In 2011, B.E. Meyers & Co. Inc. was awarded the contract for the Army’s Green Laser Interdiction System (GLIS) Program through PEO Soldier as well as multiple other deliveries to all branches of the U.S. Military. The GLARE® RECOIL joins the GLARE® LA/9-P, GLARE® MOUT Plus, GLARE® MOUT, GLARE® Enforcer, and GBD-IIIC family of combat-proven green laser ocular interruption devices.
MARCORSYSCOM in Quantico, VA is the procurement entity for the United States Marine Corps non-lethal capabilities, and will service the requirements of this program with B.E. Meyers & Co. Inc. to the greatest benefit of the U.S. Government, the Corps, and the Marine in the fight. The Ocular Interruption (OI) System solicitation number is M67854-13-R-1040.
I can't recall if this was posted last summer when the contract award was announced:
$49M to BE Meyers
http://soldiersystems.net/2014/06/16/u-s-marine-corps-ocular-interruption-oi-program-contract-awarded-b-e-meyers-co-inc-part-49m-idiq-solicitation/
Industry Partners,
The Advance Notice for the Non-Lethal Weapons (NLW) Research and Development (R&D) Indefinite Delivery, Indefinite Quantity Multiple Award Contract (IDIQ MAC) has been posted to FedBizOpps:
https://www.fbo.gov/spg/DON/NAVSEA/N00174/N00174-16-R-0003/listing.html
Sincerely,
Ms. Alicia Owsiak
Deputy Technology Division Chief
S&T Program Manager
Joint Non-Lethal Weapons Directorate
3097 Range Road| Quantico, VA 22134
alicia.owsiak@usmc.mil | http://jnlwp.defense.gov
Actually, a variable range occular disruptor with automatic range sensing capabilities would be safer than a fixed range dazzler.
That is essentially what the Marine Corps was looking for with their RFI and RFP a year or two ago. Basically a laser range finder first lazes the target which instantaneously determines the actual distance and automatically adjusts the dazzling laser accordingly.
This is what the Marines ultimately purchased:
http://bemeyers.com/product/glare-recoil/
The two handed manually variable approach Bob pitched was DOA.
This email is for informational and planning purposes only and does not bind the Government to contract for any supply or service. Official requirements and instructions would be provided in a final released Request for Proposal (RFP).
Industry Partners,
The Non-Lethal Weapons (NLW) Research and Development (R&D) Indefinite Delivery, Indefinite Quantity Multiple Award Contract (IDIQ MAC) Advance Notice is now planned for release via FedBizOpps by November 6th, 2015. The Advance Notice will include a synopsis as well as a draft Statement of Work for the IDIQ MAC.
The Request for Proposal (RFP) release is projected by the end of calendar year 2015, and awards are anticipated summer 2016. This is a change from previous announcements.
Please continue to look for updates from me via email or visit the JNLWP website for more information (http://jnlwp.defense.gov). This announcement will be posted to the JNLWP website under "Business Opportunities" in the next day.
Thank you for your continued interest in this Non-Lethal Weapons R&D Opportunity.
Regards,
Ms. Alicia Owsiak
Deputy Technology Division Chief
S&T Program Manager
Joint Non-Lethal Weapons Directorate
Would love to hear more from the last remaining LEI insider still lurking on the board.
I'm sure many others would be interested in a status update on the conpany's operations, if anything is going on aside from the multiple lawsuits.
Seems like the company LightPod is still going strong and their new website shows some promising connections with more reputable large businesses.
His new LinkedIn profile shows that he started in Jan 2015....surprisingly, there is ZERO mention of Laser Energetics anywhere on the profile.
If he started in Jan I guess we can all safely assume the company is officially nonexistent at this point.
I reached out to rbattis@vipsoftware.com but haven't heard anything back yet
So after all of these years and dozens of posts professing your undying love for this "iconic product"(ha!) you finally admit to the group that Bob was trying to sell his laser for over $15k a piece. Wow. Considering the army and Marines currently around $2k each for their fielded system it is no wonder there has never been a sale.
Just wow.
This one belongs to either Symetrix corporation or Amex Irons Limited both deal extensively in nanotechnology applications.
http://www.google.com/patents/US6104049
There also numerous other entities which hold patents in the field.
This one belongs to the Korean institute of science and technology.
http://www.google.com/patents/US5820946
I know you weren't talking to me but here is a link with their four patent applications.
http://www.faqs.org/patents/assignee/thin-film-electronics-asa/
Kind of hard to confirm with a "business" that has no physical presence (office closed), no website, no email and no phones! I guess you could hire a PI to try and track him down. I know Lou at LightPod would like to find him since he has even stopped responding to interrogatories concerning the lawsuit!
If the 'business' doesn't make or sell anything, doesn't employ anyone, doesn't have an office website or phones can it really be considered a business?
Was just curious so I could go watch the report. Didn't mean to offend.
Which station here in Portland? I'd like to check it out. Also I thought you were in New Mexico?
Doe Boy,
Any update on the claimed sale to the Ukraine? Putin just declared a cease fire but who knows if he actually intends on keeping tht peace.
Since you are one of the self proclaimed insiders have you heard anything from the Battis crew lately? With the physical offices closed, phones turned off and website down all outside appearances are that the company is out of business. But that can't be correct since this company was being led by a visionary, right?