LEAT News Leatt® Corporation Becomes Fully Reporting Public Company

2012-07-05 09:14 ET - News Release

CAPE TOWN, South Africa, July 5, 2012 /PRNewswire/ -- Leatt Corporation (OTC: LEAT) ("Leatt" or the "Company"), a global designer, marketer and distributor of personal protective equipment for sports and lifestyle activities, based on the Leatt-Brace® patented neck protection system, today announced that its Registration Statement on Form 10 with the U.S. Securities Exchange Commission (SEC) is now effective, and that the Company is now a fully reporting U.S. public company.

"We are pleased to have become a fully reporting public company," remarked Leatt's Chief Executive Officer, Sean Macdonald. "We believe that this is an important step to establishing our visibility in the marketplace and increasing shareholder value and liquidity.  In the past few years we have focused on improving our financial reporting systems, broadening our product range and on building brand recognition, and we hope that our efforts will translate into long-term value for our shareholders."