% | $
Quotes you view appear here for quick access.


  • derek_ladique derek_ladique Oct 19, 2013 1:33 PM Flag

    I wonder if VerifyMe ownership is impressed....

    since they hold stock options for 33.3M shares of LLTI at a strike price of $.12. Anyone know when the warrants expire?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 1. According to the SEC filing 8K submitted 1/7/13, LLTI engaged the services of Morison Cogen LLP as their "independent registered CPA firm". I feel better knowing there is a system of checks and balances in place with this independent firm on the payroll.
      2. According to the SEC filing Form 3 submitted 1/10/13, the exercise period for the stock options @$0.12 is yet to be determined. However, according to the 13D filing dated 2/4/13, said warrants are exercisable commencing 8/1/13 thru 7/30/18. One has to be a lawyer to understand this stuff!
      3. I'm convinced that corresponding via the website is a waste of time. I'm more inclined to write directly to Claudio Ballard (since VerifyMe is his doing) via U.S. mail and let him know what our feelings and beliefs are. I would recommend that he review this Message Board. I too am getting aggravated.

      • 1 Reply to magro1108
      • Evening Magro. Once again, I'm perplexed. Within the SEC 8K report issued 10/18/13 formally announcing that "Scott A McPherson, formerly CFO of Laserlock, Inc., ceased to be associated with the company", they mention that Fesnak and Associates LLP is to provide accounting support on an interim basis. First, the statement may be one of the most terse descriptions of an upper level management person leaving the company that I've ever read- and I spent a significant part of my management career in H/R! It swings wide open the doors for conjecture. Secondly, there was no mention of the present function of Morison, Cogen LLP. So, one is to presume that they are the lead CPA firm within the fianance function but who the heck knows? Maybe Fesnak will be simply fulfilling a temporary role of acting CFO but that is so unprofessional it borders on being ludicrous.

0.0630.000(0.00%)Jul 22 2:20 PMEDT