Replies to post #12681 on Laser Energetics, Inc. (LNGT)

[G56B22]

BATTIS CONTRACT EXPIRES?

http://www.sec.gov/Archives/edgar/data/1072072/000119380506001149/e501317_sb2-laser.txt

That is a question. I do not know but per the SEC filings it sounds as though his contract is up very soon.


We are dependent on our key officers and directors, including Robert D.
Battis, our President, Chief Executive Officer and Chairman of the Board and Dr.
John LiVecchi, our Medical Director. The loss of any of our key personnel could
materially harm our business because of the cost and time necessary to retain
and train a replacement. Such a loss would also divert management attention away
from operational issues. To minimize the effects of such loss, we have entered
into an employment contract with Robert D. Battis and Dr. John LiVecchi. Mr.
Battis' employment agreement has a term of five years and expires on October 31,
2009. Dr. LiVecchi's employment agreement has a term of three years and is
terminable at will. We do not maintain key-man life insurance on any of our
management or other key personnel.

[irondog]

Wow...what the hell? Hey I asked
everyone quite some time ago who was on board with me
about the sucky website and I got no response!
Now finally people are stepping up to the plate and...
well, gettin a bit too aggressive. I guess you know that
I totally agree about some of your complaints. But, I
also do know that this is real.
That being said, now I say lets put some pressure on for
the website...call DS, get others to call, leave him voice
mail, don't stop...do it!!!
I've done enough, I don't talk to that clown anymore, I
don't like him!