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Added to YB: 2024-10-01

Pitch date: 2024-09-30

LASE [bearish]

Laser Photonics Corporation

+63.84%

current return

Author Info

No bio for this author

Company Info

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa.

Market Cap

$78.4M

Pitch Price

$15.43

Price Target

N/A

Dividend

N/A

Sector

Machinery

Category

special_situation

Laser Photonics Corporation - $LASE

LASE short: Up 1280% YTD, 100x rev, unprofitable. Overvalued, competitively weak. Questionable mgmt: 3 auditors/1yr, 3 CFOs/2yrs. Low R&D spend. Controlled by Nikitin (sued, bankrupt). PIPE investors likely to dump. Paid stock promotion. Expect price collapse post-registration.