Leatt Corporation, Inc. (LEAT)

[rollem]

Not sure about the freight train thing moto, but do not disagree with most of what you diss the company for. Seems as though Leat hammered Alpinestars on price and has outsold them by a wide margin, so this is just Alpinestars trying to get back in the ballgame with a low priced non adjustable brace. Not a positive for Leat by anymeans, but hardly the end of the world.
Totally agree that Leat still has limited to zero shareholder correspondence. The US president is more a figure head and has no experience in the industry. Dr Leatt is an inventor that does not have very much business experience and even less public stock mkt experience. They move at the pace of molassas in SA.
All that said and done still has a mkt cap of about $12.4mm dollars (138mm shares x .09). Sales (declining in this enviroment for sure) of $18mm and about $3mm dollars of cash on their balance sheet as of the last report.
They did manage to get back on the pink sheets. We can at least see a bid and offer. Product is good. Likely to never get what we should out of this but still possible to get more than it is. Ya pays your money and ya takes your chances.