Finally, Laser Energetics Inc (PINK:LNGT) stood still after numerous losses. Yesterday, the stock prize froze at $0.06, on a traded LNGT_chart.pngvolume of 99 thousand shares.

At this point, no particular explanation on the price fall can be found. The last news by Laser dates from Aug 22, when they announced the deployment of its Dazer Laser GUARDIAN at the Florida Civil Commitment Center.

According to Mr. Robert D. Battis, CEO of LNGT, the technology will be delivered at the end of October, and they will look forward to the feedback from the Center and The GEO Group as a part of the Dazer Laser Tactics Program.

This news was certainly meant to pump up LNGT stock price, though it increased by only 1.64% and went back down on the following day. Presently, the next move of the stock is hard to be predicted as traders have no information on the company’s current operations.[BANNER]

Laser_Dazer.jpgAt the same time, Laser is not making any material information publicly available, which makes it much harder for investors to get an idea about its financials. Thus, the OTC Markets website put an exclamation mark on the company’s quote.

Considering all the above-mentioned, one should better think twice before making any investments in Laser Energetics.