Replies to post #505 on Leatt Corporation, Inc. (LEAT)

[RoyalShmily]

I'll start with some of my favorite quotes from the presentation...

"There are 5,000 motorcycle and apparel dealers in the USA and 1,800
of them now stock Leatt products."

"Leatt has a 74% market share and our sales volume has increased year on year."

"All international patents were issued in the last quarter of 2011 and we are serious about the protection of our patents from infringement."

"In its short time in the chest protector market, Leatt already has 2.9% market share which is more than many established players."

"The Company has no long-term debt"

And, last, but not least...
"Our long-term goal is to list our common stock on a U.S. trading market such as NASDAQ or the NYSE and prior to such listing, we will adopt the corporate governance requirements of such trading market"

Also, the numbers are solid and consistent...all in all, a very solid presentation!