Lamperd Less Lethal Inc (LLLI)

[ProfitScout]

Very good to see more updates from LLLI today. As covered in the recent letter to shareholders, this new sales program is for Lamperd products to the retail public for bear and other animal control measures. Lamperd has not been selling to the retail public market before so this opens up a whole new area of revenue growth for the company in 2018. Note the mentions that these orders should be on a large scale.

From the LLLI news:

In Canada, Lamperd has a new opportunity with a very large sales company which requested detailed product information and quotations that we have provided to them through one of our Canadian distributors. In June, 2017 we were contacted by this sales company and told that if Lamperd would get its 12 Gauge WASP, SOC and distraction rounds approved for retail sale to the general public, for bear and other animal controls, they would order and sell these products on a large scale. The necessary approval has now been obtained from the Canadian Government. As a result, we are anticipating initial retail orders from this company in the first quarter of 2018 which should be of significant quantity and value. 

News Link: 
http://www.globenewswire.com/news-release/2018/01/03/1281689/0/en/Lamperd-Less-Lethal-Issues-Letter-to-Shareholders-on-Company-Progress-and-Plans-for-2018.html ;