$LLLI - Less Lethal Munitions may be the wave towa
Post# of 26710
New York, NY -- April 3rd, 2019 -- InvestorsHub NewsWire -- Lamperd Less Lethal, Inc. (OTC PINK: LLLI), an innovation leader and manufacturer of advanced security solutions for law enforcement, military and security agencies worldwide, has just received a signed purchase order for guns and ammunition from an important new international police services customer. The value of this initial order for Lamperd products is $172,000 USD which represents the largest international order that the company has received to date. Lamperd has already received a substantial down payment, there will be an associated training course for an additional fee as part of this order. The customer has also requested quotations on other Lamperd products, which may be ordered subsequently.
Less Lethal companies are not new, just finally being adopted by many forces and countries around the globe. Axon Enterprise (NASDAQ: AAXN) was created from the Taser Corporation in an effort to make the bullet obsolete. Taser sales remain the biggest component of Axon's operations. Sales also grew 10% in last year's fourth quarter. Now selling many less lethal weapons on their site is Amazon.com, Inc. (NASDAQ: AMZN) proving that the world wants to become a safer place. One would imagine that a large Gun manufacturer such as Smith & Wesson (NASDAQ:AOBC) would look at less lethal options such as Lamperd Less Lethal in the near term.
LLLI s order delivery is expected within the next several weeks with full payment due before shipment. This order will be shipped directly from Lamperd's manufacturing facility in Sarnia, Ontario to the customer's location overseas. There will be no need for any transit through the United States on this order which will reduce costs and regulatory compliance issues.
Lamperd Less Lethal, Inc. (LLLI) is a developer, manufacturer and international sales company for advanced less lethal weapons, ammunition and other security products marketed to police, correctional, military and private security forces. The company sells over 300 different products including small & large caliber projectile guns, flash-bang devices, pepper spray devices, 37mm & 40mm launching systems and interlocking riot shields. Lamperd also offers advisory services and hands-on training classes run by highly accredited instructors. For more information visit: http://www.lamperdlesslethal.com.
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