Monday, February 25, 2008

SEC expects brutal honesty

Extract from Taser's SEC disclaimer - brutal honesty:

"...These statements are qualified by important factors that could cause our actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: ... (8) litigation including lawsuits resulting from alleged product related injuries and death; (9) media publicity concerning allegations of deaths and injuries occurring after use of the TASER device and the negative effect this publicity could have on our sales; (10) TASER device tests and reports; (11) product quality; ... (17) negative reports concerning the TASER device; ... (19) government regulations and inquiries; ... (23) medical and safety studies; (24) field test results; and (25) other factors detailed in our filings with the Securities and Exchange Commission, ..."

No. 23 is quite revealing.

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