Mission Statement - De-Spinning the Pro-Taser Propaganda

Yeah right, 'Excited Delirium' my ass...

-------------------------------------------------------------------------

The primary purpose of this blog is to provide an outlet for my observations and analysis about tasers, taser "associated" deaths, and the behaviour exhibited by the management, employees and minions of Taser International. In general, everything is linked back to external sources, often via previous posts on the same topic, so that readers can fact-check to their heart's content. This blog was started in late-2007 when Canadians were enraged by the taser death of Robert Dziekanski and four others in a short three month period. The cocky attitude exhibited by the Taser International spokespuppet, and his preposterous proposal that Mr. Dziekanski coincidentally died of "excited delirium" at the time of his taser-death, led me to choose the blog name I did and provides my motivation. I have zero financial ties to this issue.

Friday, July 25, 2008

Taser makes loss, stock plummets, blames oil

Taser's 2nd quarter results released today: "...a $5.2 million charge in the second quarter for an adverse litigation judgment, the net operating loss for the second quarter was $4.3 million..."

If I'm reading this correctly, their recent $6.2M ($1M covered by insurance) legal loss means that instead of making an infinitesimal profit of about $900k (pass the tweezers, LOL), they instead ran a loss-making operation to the tune of -$4.3M.

Taser is attributing their loss-making to "...lower municipal spending in the U.S. as agencies reassigned budget dollars due to economic constraints, including significantly higher fuel costs than agencies had budgeted previously."

So, the slow sales are nothing to do with the many mysterious taser-associated deaths then, eh?

Not anything to do with various jurisdictions changing their minds? For example: [LINK]

1 comment:

Anonymous said...

Taser will be bankrupted by lawsuits in the next two years.

Comment from 'D' deleted.