{"id":5409,"date":"2014-12-11T16:15:13","date_gmt":"2014-12-11T16:15:13","guid":{"rendered":"\/?p=5409"},"modified":"2014-12-11T16:17:18","modified_gmt":"2014-12-11T16:17:18","slug":"lamperd-less-lethal-inc-otcmktsllli-on-its-way-down-again","status":"publish","type":"post","link":"\/articles\/lamperd-less-lethal-inc-otcmktsllli-on-its-way-down-again\/","title":{"rendered":"Lamperd Less Lethal Inc (OTCMKTS:LLLI) On Its Way Down Again"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88763\/sc.png\" border=\"0\" width=\"446\" height=\"199\" \/>If there&#8217;s one thing that the riots in Ferguson, Missouri and Berkeley, California were good for, it is Lamperd Less Lethal Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LLLI\">LLLI<\/a>)&#8217;s market value. The company managed to add about 20% to it while the news was hot, but now it is headed down again. <\/p>\n<p>Truth be told, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LLLI\">LLLI<\/a> <\/strong>was a dubious choice even for opportunistic traders, as its movements are unpredictable even by the standards of the volatile OTC Markets. As with all hype-driven jumps, there&#8217;s simply no telling how far a tick<span class=\"example1\">er could go before it crashes badly.<\/span><\/p>\n<p><span class=\"example1\">The only thing that was certain in this case was that the ticker&#8217;s was going to crash, and soon. Why?<\/span><\/p>\n<p><span class=\"example1\">Because hype can push a company&#8217;s market value up, but if the company&#8217;s fundamentals are not solid, this gain would be artificial, and thus &ndash; non-retainable. And <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LLLI\">LLLI<\/a> <\/strong>is anything but a financially solid company. Its latest financial report showed the following figures<\/span><\/p>\n<ul>\n<li style=\"text-align: left;\"><strong><span class=\"example1\" style=\"color: #ff0000;\">NO CASH!!!!!<\/span><\/strong><\/li>\n<li style=\"text-align: left;\"><span class=\"example1\">Current assets &#8211; $226 thousand<\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"example1\">Current liabilities &#8211; $466 thousand<\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"example1\">Revenue for the first three quar<\/span>ters of 2014 &#8211; $255 thousand<\/li>\n<li style=\"text-align: left;\">Net loss for the first three quarters of 2014 &#8211; $636 thousand<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88763\/fsafasfaf.jpg\" border=\"0\" width=\"156\" height=\"125\" \/>The news that got investors excited about <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LLLI\">LLLI<\/a> <\/strong>once more was the announcement that the US government will be spending about $75 million on equipping police officers with wearable cameras.<\/p>\n<p>But how can a company with NO CASH on hand and $226 thousand in total current assets possibly capitalize on this opportunity?<\/p>\n<p>Cases like this are the reason why investors should do due diligence and not give into hype when choosing which stock to commit to.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If there&#8217;s one thing that the riots in Ferguson, Missouri and Berkeley, California were good for, it is Lamperd Less Lethal Inc (OTCMKTS:LLLI)&#8217;s market value. The company managed to add about 20% to it&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1594],"class_list":["post-5409","post","type-post","status-publish","format-standard","hentry","category-news","tag-llli"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5409"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5409\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}