Laser Energetics, Inc. (LNGT)

[Givntake83]

just a reminder....
"Robert D. Battis, CEO of Laser Energetics, stated, "While the closing has taken longer than we hoped, there were many moving parts that had to come together in order to finalize the deal. We are very close. The transaction will be a landmark event in the history of our company. For the first time, we will be adequately funded to bring to market all the exciting technology in our portfolio. We can immediately ramp up our production capacity to meet the demand for our BrightStar(TM) laser systems. We can close on two acquisitions that we are currently negotiating on, which will bring technology, revenue, and profit to our company. We will also be in a position to initiate a share buyback program, which our Board of Directors is currently considering."

Battis continued, "We work hard to earn the trust of our investors. We respect and appreciate the fact that they've entrusted us with their hard earned dollars. We don't make announcements unless they are true, and we strive to deliver on our promises in a timely fashion. The closing of this financing, although it is taking longer than expected, will be further proof that we mean what we say. We hope to report additional exciting developments regarding our Company in the very near future."....


March 19, 2008