Last $0.06 USD
Change Today -0.0035 / -5.92%
Volume 207.6K
LLTI On Other Exchanges
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

laserlock technologies inc (LLTI) Snapshot

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52 Week High
10/4/13 - $0.13
52 Week Low
06/26/14 - $0.04
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laserlock technologies inc (LLTI) Details

LaserLock Technologies, Inc., a development stage company, engages in the provision of product and document authentication and security solutions. The company offers RainbowSecure technology that combines an invisible ink with a proprietary tuned laser to enable counterfeit products to be exposed for gaming industry, as well as for anti-counterfeit protection of tags and labels in the apparel industry; LaserXpose technology, which combines overt and covert anti-counterfeiting technology in one printing ink; and InkJetSecure technology for invisibly marking and tracking individual products through the distribution chain. It also provides SecurDox that enables the printing of selective information invisibly on a desktop bubblejet printer; SecureLight technology, which changes color of ink for use in various applications, including credit cards, drivers licenses, passports, stock certificates, clothing labels, currency, ID cards, and tax stamps, as well as to protect DVDs, apparel, pharmaceuticals, and other physical products. The company licenses its technologies. LaserLock Technologies, Inc. was founded in 1999 and is based in Bala Cynwyd, Pennsylvania.

8 Employees
Last Reported Date: 03/31/14
Founded in 1999

laserlock technologies inc (LLTI) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $50.0K
Compensation as of Fiscal Year 2012.

laserlock technologies inc (LLTI) Key Developments

LaserLock Technologies Inc. Signs Agreement with Major Financial Advisory Company

LaserLock Technologies Inc. announced that it has signed an agreement to license its VerifyMe(TM) Identity Services platform to financial services advisory firm.

LaserLock Technologies Inc. announced delayed 10-Q filing

On 08/15/2014, LaserLock Technologies Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

LaserLock Technologies Signs 10 Year, $7 Million Agreement

LaserLock Technologies Inc. announced that it has signed a decade-long, $7 million contract with a Mexican gaming company to license its VerifyMe(TM) Identity Services. The technology will be used to authenticate players in online casinos run by the gaming company and to meet the requirements of recently passed anti-money laundering legislation in Mexico. VerifyMe(TM) Identity Services is a multi-factor authentication solution that replaces the broken system of passwords and PINs for human authentication, utilizing three authentication factors to achieve this. It verifies something are, generally a biometric such as facial recognition; something have, generally possession of a smartphone or other connected device; and something know, for which VerifyMe(TM) utilizes a high-integrity gesture swipe. It conforms to the high security standards set out by the US National Institute of Standards and Technology, Level 4. The system also has the ability to geo-tag users in applications for which geo-location information is necessary. The entire process takes about five seconds to complete; yet the system is nearly impossible to hack.


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Valuation LLTI Industry Range
Price/Earnings 1.7x
Price/Sales 274.0x
Price/Book NM Not Meaningful
Price/Cash Flow 1.7x
TEV/Sales 261.7x

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