UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 24, 2014
LAMPERD LESS LETHAL
INC.
(Exact name of registrant as specified in its
charter)
Nevada
(State or other jurisdiction of
incorporation)
333-84976
(Commission File Number)
98-0358040
(IRS Employer Identification
No.)
1200 Michener Road, Sarnia, Ontario, Canada N7S
4B1
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code (519) 344-4445
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 8.01. Other Events
Lamperd Less Lethal Expands Around the World
(As reported by The Smallcapauthority team 10/22/2014.)
The defense industry may be dominated by big-name players like Lockheed Martin
Corporation (LMT) and General Dynamics Corporation (GD), but small-cap stocks in
the space may have more upside potential. After all, it's much easier to double
a $10 million market capitalization than to double a $10 billion market
capitalization, although the risks associated may be higher.
Lamperd Less Lethal Inc. (LLLI) is a small $8.5 million company that trades
over-the-counter on the Pink Sheets. Over the past year, the company has
launched several new products and expanded its footprint around the world.
Investors willing to assume the risks associated with small-cap stocks may want
to take a closer look at the company given these compelling developments. [1]
Civil Unrest Drives Market Growth
Lamperd Less Lethal operates in the non-lethal segment of the traditional
defense industry, along the same lines as companies like TASER International
Inc. (TASR). For example, the company's product lines include ultra-lightweight
launchers for tear gas and other non-lethal munitions, as well as accessories
like its body camera that competes with TASER's Axon products. [2, 3]
Get Updates on Lamperd Less Lethal here:
http://www.tdmfinancial.com/emailassets/llli/llli_landing.php
The market for these non-lethal products has been rapidly expanding, driven by
civil unrest in the Middle East and growing prison populations in developed
countries. According to Maplecroft, a global risk analytics firm, civil unrest
is on the rise in 20% of countries over the second quarter of 2014, with areas
like Hong Kong and Liberia seeing the largest increase in risk. [4]
According to a report:
Mass demonstrations, labour protests and ethnic or religious violence have
increased the potential risk of business disruption in nearly 20% of countries
over the last three months, including in the important markets of Hong Kong,
Kenya, Nigeria, China and Mexico, according to the Civil Unrest Index (CUI) by a
global risk analytics company
In developed countries like the U.S., civil unrest comes in the form of police
brutality, which has driven demand for body cameras, particularly following the
August 9th shooting of Michael Brown in Ferguson, MO. Washington D.C., for
example, implemented a six-month pilot program to outfit officers with body
cameras in order to provide documented evidence of any questionable events. [5]
New Products Drive Sales Revenue
Lamperd Less Lethal has introduced two new product lines that have generated a
lot of buzz - an ultra-lightweight launcher and a body camera. These products
complement its existing line-up of non-lethal weapons and munitions, which are
designed to help in riot control and similar non-lethal situations, and could
help boost sales over the coming quarters and years. [1]
In early 2014, the company released its new Ultra-Light Single-Shot Launchers
made from a high-performance composite material. The ultra-light single-shot
launcher weighs in at just 3.7 pounds, while its multi-shot launcher weighs in
at just 5.4 pounds compared to competitive launchers starting at 9 pounds. By
weight alone, the launchers offer a significant competitive advantage. [2]
Market demand for the new launchers was evident by the Canadian government's
purchase order for 350 launchers in February of 2014. In addition, the company
reported being in discussions with a large military end user that has expressed
interest in the launchers. Product demonstrations were given back in 2013 to the
governments of Oman and Saudi Arabia. [6]
In August 2014, the company released its MSS100 Mobile Surveillance System,
which provides streaming video and audio to any location. The small, unique, and
durable device can continuously record for eight hours with automated night
vision and laser positioning. With a high-impact, vibration-free,
fire-resistant, and waterproof housing, the device is extremely durable in
nearly any situation. [7]
Management recently signed an exclusive distribution agreement for all of Europe
with a U.K. based distribution company for its Model X100 streaming video and
audio wi-fi body camera worn by police and military personnel. In addition to
these end markets, the company anticipates shipping less lethal products to
Peru, Ecuador, and the United Kingdom over the next 60 days. [8]
Looking Ahead
Lamperd Less Lethal has spent the past year launching new products and expanding
its footprint around the world. With these developments and future potential
orders, investors interested in the defense space and willing to assume the
risks of a small-cap stock may want to take a closer look at the stock. The
company's growing market and product line could signal growth ahead.
For more information, please see the following resources:
-Company Website
-OTC Markets Profile
Sources
1.http://www.otcmarkets.com/stock/LLLI/profile
2.http://www.lamperdtraining.com/
3.http://www.taser.com/products/on-officer-video/axon-body-on-officer-video
4.https://maplecroft.com/portfolio/new-analysis/2014/10/08/civil-unrest-rise-20-countries-over-last-quarter-hong-kong-liberia-see-biggest-increase-risk-maplecroft/
5.http://www.kshb.com/decodedc/police-use-of-body-cameras-raises-hope-for-changeand-privacy-fears
6.http://finance.yahoo.com/news/lamperd-less-lethal-inc-receives-133000001.html
7.http://finance.yahoo.com/news/lamperd-less-lethal-inc-announces-120000302.html
8.http://finance.yahoo.com/news/lamperd-less-lethal-inc-makes-135431140.html
About the Company
Lamperd Less Lethal, Inc. is a manufacturer of less lethal weapons and
ammunition for defensive purposes only. Lamperd has a range of products to fit
all defensive purposes.
This press release contains forward-looking statements relating to Lamperd Less
Lethal, Inc. Lamperd Less Lethal, Inc. undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions, the occurrence
of unanticipated events or changes in future operating results.
Safe Harbor for Forward-Looking Statements: This news release includes
forward-looking statements. While these statements are made to convey to the
public the company's progress, business opportunities and growth prospects,
readers are cautioned that such forward-looking statements represent
management's opinion. Whereas management believes such representations to be
true and accurate based on information and data available to the company at this
time, actual results may differ materially from those described. The company's
operations and business prospects are always subject to risk and uncertainties.
Important factors
that may cause actual results to differ are and will be set forth in the
company's periodic filings with the U.S. Securities and Exchange Commission.
Lamperd Less Lethal
Barry Lamperd, President
(519) 344-4445
www.lamperdtraining.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LAMPERD LESS LETHAL INC.
/s/ Barry Lamperd
Barry Lamperd
President
Date: October 24, 2014