Laser Energetics, Inc. (LNGT)

[G56B22]

If I am wrong did Battis not deliver when he said a majority of the 5 orders small and large?

"The good news is the order is pending and the financing is now in place. We now have five (5) medium and large orders pending. I believe we will close the majority of them before year end 2009."

The 1.1M is either a medium order or a "large" order...

There has been little to no price apprecation since the "sales" hit the market. This should tell you something...


Based on the above statement and the size of the first "sales" doesn't that means..

medium 300k
large 1.1m

Meaning..at MOST he has 4-5m in "sales" finalized after 6 months?

Wrong? Right?
“We anticipate we will make significant donations in the hundreds of thousands of dollars in the near future,” states Battis.

$25 (assuming ALL higher amount) / 100,000 = 4,000 dazers

4,000 dazers x $1,000 per unit = 4M in sales

This indicates to me that the "large" order was probably the 1.1M.


Since this was a "sale" this means they donated the money to the fund, correct?