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As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

lamperd less lethal inc (LLLI) Snapshot

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Day High
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Day Low
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52 Week High
06/13/13 - $0.07
52 Week Low
01/22/14 - $0.03
Market Cap
3.0M
Average Volume 10 Days
68.0K
EPS TTM
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Shares Outstanding
60.0M
EX-Date
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Current Stock Chart for LAMPERD LESS LETHAL INC (LLLI)

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lamperd less lethal inc (LLLI) Details

Lamperd less Lethal Inc. develops and manufactures civil defense equipment. The company’s primary products include Defender 1, a less lethal handgun that is capable of delivering a knock down round up to 40 feet away, as well as can fire pepper rounds, distraction rounds, marking rounds, and training rounds; Defender II, a shoulder fired, 20 gauge less lethal delivery system that operates on the time tested 5 round revolver action; and 50cal. less lethal upper conversion, which could change the lethal Military AR 15 to a less lethal 50cal. It also manufactures other law enforcement products. In addition, the company supplies training and accessories for the police, military, private security, and corrections markets. Lamperd less Lethal Inc. markets its products to military forces and law enforcement organizations in Canada and the United States through a network of distributors. The company was formerly known as Sinewire Networks Inc. and changed its name to Lamperd less Lethal Inc. in March 2005. Lamperd less Lethal, Inc. was incorporated in 2001 and is headquartered in Sarnia, Canada.

lamperd less lethal inc (LLLI) Top Compensated Officers

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lamperd less lethal inc (LLLI) Key Developments

Lamperd Less Lethal, Inc. Announces Successful Expansion of its Product Lines

Lamperd Less Lethal, Inc. has begun the manufacturing of the 350 Ultra -Light 40MM Single- Shot Grenade Launcher ordered by the Canadian federal government. As a result of conversations with, and a plant visit by a large military force, Lamperd has researched, engineered, designed, manufactured and tested a 37/38/40 MM five shot magazine grenade launcher weighing 5.4 pounds that worked perfectly in range testing. As a comparison, most launchers in the market weigh nine pounds or more. The product will be available for order fulfillment in early Spring 2014.

Lamperd Less Lethal, Inc. Secures Purchase Order from Canadian Government

Lamperd Less Lethal, Inc. announced the receipt of a purchase order from the Canadian Government to supply 350 Ultra-Light 40MM Single-Shot Grenade Launchers. Under the agreement, the company will supply 250 launchers by March 31, 2014 with the remaining 100 to be delivered at a later date. The new Ultra Light Single Shot Launchers are made from a high performance composite material and weigh just 3.7 pounds. The company is also preparing to release a new Ultra-Light Multi-Shot Launcher that weighs just 5.4 pounds. Both are the lightest of their kind in the industry. In addition to the purchase order from the Canadian Government, the company is in communication with a large military end user that has expressed interest in both single and multi shot launchers.

Lamperd Less Lethal Signs Distribution Agreement with Starkey Industries

Lamperd Less Lethal, Inc. has signed an assembly and distribution agreement with Starkey Industries LLC. Starkey is located in Fitzwilliam New Hampshire, and this agreement will give Starkey the right to assemble LLLI munitions and less lethal products in the United States and to sell these and all other LLLI products into the US and to the international markets as well - these markets have a combined annual value of over $70 billion. LLLI in return will assemble Starkey police and security batons and related products in Canada, and market these products to distribution networks.

 

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