InvestorsHub Logo
Followers 27
Posts 1685
Boards Moderated 2
Alias Born 07/16/2006

Re: jedijazz post# 13316

Friday, 01/05/2024 1:05:12 PM

Friday, January 05, 2024 1:05:12 PM

Post# of 13402
JediJazz - you are right on with the Warren Buffett quote. Lamperd Less Lethal makes a necessary product. I will guess many organizations own less lethal equipment and ammo that hasn't been fired in many years. When the next big event comes where less lethal riot control is needed, be it on the border, in Washington DC, or somewhere else, it will stimulate conversations throughout the country about local preparations. When that happens, the distributor network that Lamperd Less Lethal has been building will pay off.

Sadly, this is a product category that needs a catalyst to spur significant sales. That catalyst will happen, and I would guess the probability of such an event is significantly higher today than it was a year ago. When it does, this is a whole new ball game. Until then, it is a ground and pound game of developing brand awareness and working with those organizations a little more forward thinking about security concerns.
Bullish
Bullish