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Article: A Message from the CEO of Lamperd to Our Valued Stockholders.
- Article from:
- Business Wire
- Article date:
- November 26, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SARNIA, Ontario -- Lamperd Less Lethal Inc. (OTCBB:LLLI) will be moving their Stock Symbol from the OTC BB to the Pink Sheets. The company feels that this move is essential due to the current market conditions and the "global recession" and the onerous cost of recently imposed accounting rules affecting Nasdaq and OTC BB listed stocks. "Cost savings will be in excess of $100,000 per year" which the company will then be able to devote to a new sales and marketing program, scheduled to begin in early 2009.
Lamperd will still be reporting their Financials and other pertinent information to keep our shareholders well informed, including press releases when warranted. ...