LENF's own SEC filing (10QSB) on 11/16/04. LENF has been using its stock as cash (thus they need to provide the fair market value of its stock to the other party):
"11) ASSET PURCHASE AGREEMENT
On June 3, 2004, the Company acquired from Audio Intelligent Devices, Inc. (a Florida based corporation), machinery and equipment and furniture and fixtures (utilized in the production of surveillance products) valued at $516,402. Pursuant to the agreement the Company paid $200,000 in cash, will pay the seller $10,000 a month for 34 months at a discounted interest rate of 5.0%. In addition, the Company entered into a purchase agreement with the sole stockholder of Audio Intelligent Devices, Inc. for intellectual property, trademarks, inventory, customer lists and related production equipment software in exchange for 2,400,000 shares of restricted Company common stock valued at $1,920,000 to the seller. Additionally, the seller has a put option to sell 1,200,000 shares back to the Company for $1.25 per share on August 1, 2005 and 1,200,000 shares back to the Company for $1.25 per share on August 1, 2006. This is considered a "put option" by the seller that must be exercised on the aforementioned dates. In order to exercise this right, the seller must make a demand in writing to the Company at least 10 days prior to the demand date. The fair market value of the shares issued on June 3, 2004 was $.80 per share. "