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But now you did say it Dog...It is a pause in the accumulation...attracting some lower prices
Why would LNGT leave ITT:
There are many business reasons possible. GD or other offers better deal, faster to market, more responsive management.....the list goes on. And it also gives LNGT some leverage with ITT to tell them that they have other options.
But who says LNGT has left ITT. I am sure both ITT and LEI are smart enough to keep their relationship open for both current and future business developments.
You can also add in the fact that LNGT patents and technology will create multiple products. Maybe both ITT and GD (plus others) are working on multiple LEI products.
iBox updated with photos from Counter Terror Expo and the
SpecOps Warfighter Expo.
Interesting....thanks for that information Ironguts
A Newfie NY Dazer.
I can tell you the ingredients already....Screeeeeeech.
That would be a Newfie ingredient for those less fortunate...to have not experienced it.
A man after me own heart. I finish every week with a Crown Manhattan.
Added Airtrace to Ibox ....good DD 4kids4me, and others on follow up work
Mine will be a CAT 797F - 400 Tons. Costs $5M...think I'll pay cash and put the rest in the box.
Sure .. I got it from a newfie today...they have a great sense of humor and have the confidence to make jokes around themselves.
Catch this one fast Spinaker before shes deleted for off topic:
Each Friday night after work, sun, snow or rain, Jack, being a Newfie,
would fire up his outdoor grill and cook a moose steak.
All of Jack's neighbours were Catholic. And since it was Lent, they
were forbidden from eating meat on Friday. The delicious aroma from the
grilled moose steaks was causing such a problem for the Catholic faithful
that they finally talked to their priest. The priest came to visit Jack, and
suggested that he too become a Catholic.
After several classes and much study, Jack attended Mass, and as the
priest sprinkled holy water over him, he said:
"You were born a Protestant and raised a Protestant, but now you are a
Catholic."
Jack's neighbours were greatly relieved, until Friday night arrived, and
the wonderful aroma of grilled moose once again filled the neighbourhood.
The priest was called immediately by the neighbours, and, as he rushed into
Jack's yard, clutching a rosary and prepared to scold him, he stopped and
watched in amazement.
There stood Jack, clutching a small bottle of holy water which he
carefully sprinkled over the grilling meat and chanted:
"You wuz born a moose, you wuz raised a moose, but now you is a Codfish."
Well said LTG and PTG...I am in the same camp and have put a significant portion of my capital on LNGT's success.
Everyone should weigh out their DD and make their own decision otherwise you will act like sheep and follow the emotional overposting statements.
There are very few pinksheets that have the patents, multiple product developments and active sales developments (read ITT and JCSD project). Are there risks...of course...and I say Battis will succeed. For a CEO in pinksheet company he makes good efforts to communicate with shareholders.
Well stated Whensday. I agree with you and will look to do the same.
NJ wants non-lethal weapon option....great news. No specifics on the supplier(s) of choice. We should not be surprised that LNGT was meeting NJ mayors and municipal decision makers at last week. Perfect timing and you got to suspect there is more behind this marketing effort. The next Founder's Message hopefully will give us an update on this opportunity.
Found today's PR: http://www.prweb.com/releases/2009/11/prweb3212254.htm
nicely done with PR, Video and LEI website all on same site
The most recent PR link talks about the League of Municipalities Tradeshow
http://finance.yahoo.com/news/Laser-Energetics-to-Present-prnews-2489447901.html?x=0&.v=1
Looks like there is a delay in today's PR getting out to public.
Today's PR:http://www.laserenergetics.com/pdf/LEI_32_LEI_DL_SWAT_Video.pdf
I added the Dazer Laser video to top of iBox
Now a Northrup or ITT acquisition is possible.
And why wouldn't some of their competitors not take notice and scoop it if they hesitate...say Honeywell, Lockheed, General Dynamics, L-3, and there are also the international interests too
My point is TASR does not have a Billion dollars to offer LNGT.
TASR cash 42Million, sales 96Million. Who is going to lend TASR the money to buy Dazer?
TASR missed their opportunity to buy cheaply into Dazer when it was being developped.
TASR will not be able to offer Battis enough money now. It's too late.
IBOX updated with recent information
Good point- this is a third group that LNGT has communicated to in recent months:
http://www.officer.com/publication/pub.jsp?pubId=1&issueId=84
Law Enforcement Technology (LET) is a monthly magazine distributed to more than 30,000 law enforcement management decision-makers, including police departments, sheriff’s departments, correctional facilities and security services. The magazine focuses on emerging trends and technological advances being made in the field of law enforcement, as well as the companies that provide the latest leading-edge products.
With all the Taser issues of late it is good that law enforcement managers are aware of alternative tools in the market place. This article is timely for the Dazer Laser message.
Exactly... Low volume pullback and not abnormal to have 50% swing. Longer term traders and investors in individual stocks have seen this before...Greed and Fear played out for all to experience.
Good overview of action Hump4
Agreed the stars are lining up on the longer term success of this company. As you can tell from my earlier post, I agree with your outlook. Traders and first stage investors getting shaken out. New investors are buying into the stock now.
I for one have not lost confidence in LNGT Management.
Traders are nervous here because of trendlines and average price targets getting tested. They are looking at the charts and not the fundamentals and so out comes their concern.
Fundamental investors correctly want to see an sales order confirmed. And they are justified as well.
The JCSD project will alone make this company a great company. We have seen enough facts on the Military status reports and the LNGT patents to tell us this will happen.
Dazer Laser product has a the opportunity for quicker commercialization and sales orders. This second entirely separate product line adds depth to LNGT...there are many established companies who do not have two distinct product lines. We have less facts on this product development and marketing but we do see multiple recent patents protecting the product design. We did see a second Dazer product developed after the initial statements of initiating sales efforts. The Management and advisory team has production development and operation expertise with Wayne Armstrong and Plastics expertise with Dr. Rohn. And recently they appointed a Director of Sales, so this tells me there are multiple sales efforts into several geographical and end-user markets that BB needs help to manage.
I sure am glad we have a leader in BB that remains positive and that he continues to have confidence in closing one or several of the recent RFP (request for proposals). I am glad he is reaching out to several different investor groups like the recent microcap broker network, and the Hollywood group..we see some of the print media sent out to these groups but we do not get to hear about the one-on-one meetings with these potentially significant investors...I would not be surprised that they were part of the stock buyers in the recent run-up in stock price.
Now some of you traders may need to sell here or talk about why you are nervous or frustrated. I am an investor and I am not second guessing myself on my LNGT investment. A drop in stock price here is a buying opportunity as far as I am concerned.
I have a similar strategy and position.
This is a rare opportunity to find in a pinksheet stock. The JCSD project on its own will payoff ... there is enough information regarding LNGTs patent and Military testing to tell us this project is positively moving ahead.
Dazer and other products are icing on the cake!
What...I don't see that Wolk stuff??
i'm still here...glad you liked my ihub page update
Long and strong..Gooo LNGT
Ibox updated. We are limited to 3 stickys so I moved one to Ibox.
Thanks for update LTG.
Maybe we will have an opportunity to buy some shares on a deeper pullback unfortunately the negative posters do not have enough shares to drive the price down for us.
Startup has it right - the Military project will payoff huge. Dazer Laser and TRT are into sales promotion phases and with the building number of quotes out there we are getting close to a sale.
Plus Iceman has sold his shares out...yet look at all the buying coming in. We have many new investors in the stock.
Updated Ibox with Times Square photo and latest PR
This UK article is useless. This board knows more about LNGT than this writer.
It is easy to be a skeptic, just look at how the doubt builds up in some of the posters on this board. This article is poorly researched and is meant for entertainment purposes for persons not interested in investing in this company or this type of product.
Remember a skeptic is only trying to get heard and they do it through weaving a story of unfounded doubt. Besides anything worthwhile always will have skeptics...it is a free ride for the skeptic to get attention. If you don't believe in something or see fraud you make your point known and you move on. People who don't believe and persist with skepticism have to be questioned for their motive.
In LNGT's case, investors here have assessed the value of the product, the qualities of the management and the timing of the business plan. If you want reduced risk, wait until an event occurs that gives you confidence in the company. Of course you will have to pay much more for the stock once the risk is reduced.
This is a good board. And new investors should appreciate how rare it is to find one like it. Keep up the good discussion and information sharing.
Why would Taser want to explain their reason for dropping the TM challenge? Actions speak louder than words.
It is not uncommon for companies to work together in this type of situation....but everything comes at a price. If Taser is interested in LNGT then the next question is at what price. Sure Taser has things to offer but what if they want the bulk of the revenues and control over the company??
Watch for the end actions...this will be a business decision don't kid yourself. This is not ego. My bet is that LNGT and it's shareholders will be better off on their own.
Taser loses Trademark challenge. This is great news and should bring new investors to LNGT. David beat Goliath chapter one.
This PR is tagged to TASR at Alphatrade Financial:
http://finance.alphatrade.com/quotes/?s=tasr
The EMMY promotion should bring in new investors.
The Hollywood business people is a group that has money for investment. Also they are a vocal group who will have pro-gun law interest as well as a pro-life interests.
A new investor that also is in position to loudly promote the Dazer Laser as a safer alternative for security and police forces. Wow well done.
It is clear that a sale is expected. There are also statements of the production line and staff plans falling into place.
In reality the PR implication is for hundreds of thousand of donations. So you guess at the unit selling price and come up with your contract size! Even if it was $5000/unit or less we are talking TENS of millions in contract value. The hundreds of thousand of donations point to double my earlier guess of $20-30M so this could be a $50M or higher potential.
Add on top of that the attention a Hollywood audience with investment dollars and social campaigns would do for promoting the Have a Heart approach to law enforcement.
We have the potential here of a big contract with a vocal support group (Hollywood) promoting the Dazer virtues
“We anticipate we will make significant donations in the hundreds of thousands of dollars in the near future,” states Battis. The latest PR reinforces a Dazer sale in near future.
At minimum, we are looking at 4000 Dazer units x $25 to make the min. donation of $100,000. So the expected Dazer sale would be over $20M if Dazer unit sales price is $5000/unit or over $30M if it is $7500/unit
Be careful about the accuracy of newspaper articles.
Remember these are stories reporting details from an interview. The interviewee for the most part does not get to review or clarify points reported. DS told me that BB was misquoted in the Washington Times article regarding the timing of the order. So likewise I would question this US-1 reporter too - what did Bob say exactly versus what was understood or misheard by the reporter. Heck the reporter could add personal opinion in the article too and that could be misleading.
I am a long term holder. I will not add anymore shares as I have met my personal max. % of portfolio for this company. I believe what we are seeing is a rollover of holders before the next wave up.
The question to ask is who is buying all the stock that was dumped on the market. My opinion is that there are new investors coming into this stock that are just starting to react to their Due Diligence review of the recent LNGT news. It takes weeks for investors to make long term build up of position - they review their DD and look for buyin opportunity. Some of the heavy hitters may want to see if a Private Placement is available so they can buy volume at low prices....and based on the last Founders Message, LNGT is not looking to take in financing. So a big player needs to slowly acquire stock without running up the stockprice. Maybe what we are seeing is accumulation while others are cycling out.
Maintain composure here - selloffs with volume shakeout weak holders. The upward momentum is still in-place. Notice someone keeps buying the stock being sold. If I didnot already hold a large position I would look for these type of selloffs to add.
Remember there are many sales proposals out there and there is an expectation for an order in near term. LNGT needs to be patient an work with clients - clients dictate the purchase date not the seller - so don't expect a definitive order date to the day.
Also the ITT/Military project is ready to move into next development phase and contract. Just look at all the posts specifically by SUPERSTARTUP.
And now TASR drops lawsuit! TASR's quarterly earnings have been dropping for 6 months. In my opinion their earning momentum is heading down. Last quarter they reported their second quarterly earnings loss. In the first quarter they made $5M from reducing inventory and collecting on Accounts Receivable. So imagine how big their losses would have been when their best quarter ever was $5M in earnings. TASR is spending more money on lawsuits, they have customers cancelling orders and limiting use of their product (therefore less need for dart sales). TASR will need to reduce staff next - they spend $40M/year on SG&A and $16M in last 12 months on R&D. At this rate they will run out of cash in less than 2 years. Police forces and security forces around the world are open to a new non-lethal option and LNGT has huge opportunity now.
TASR has many business problems to resolve. The lawsuit in Canada has now lead to UK and France holding back on new orders and now there are US police forces placing restriction on Taser use. I suspect they dropped the lawsuit because they have too many other issues to deal with and spend their money on. TASR only have 52M cash and the insiders only hold $14M worth of stock. So although a LNGT buyout is a possibility I doubt LNGT would be interested in such an offer once a order comes in. At 150M shares in the float, TASR only has enough cash to pay less than $0.25/share for the company (and remember needs their cash to defray SG&A costs of their current company payroll and structure in an environment where their revenue and margin is shrinking).What is more likely happening is TASR learned that LNGT cannot be intimidated or financial broken through a frivilous lawsuit.
Well the time has come. Either you are in or out. Traders can hope for a downdraft. Longs can expect news.
Me I'm going long. This is not a time to be emotional. LNGT has too many irons in the fire. OR for our Canadian friends, BB is shooting alot of pucks at the net, one is going in. (I threw that in for our St.John's Maple Leaf fan - note their is a difference between NB and NFLD)
If you want to be long you are taking a risk of missing the move up. This is a very low volume pullback. I bet it will take very little buying to be back at 16c.
Yesterday over a million shares bought at 16 c. Most of todays volume is at 14-15c. This is still looking like a test to see how cheap an accumulator can buy stock.
I expect we go back up before the end of the week.