Laser Energetics, Inc. (LNGT)

[Dazzler]

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.