Wednesday, October 27, 2010

Taser International (TASR) - I know where the profit went...

News this morning:

Taser International (TASR) lost $2.3 million during July-September 2010 3rd Quarter


News from mid-August 2010:

Taser International settles with Steven Butler for $2.85 million [LINK]

Obviously, I'm not privy to the exact timing of the settlement payment. But if it wasn't paid during this latest 3rd Quarter, then maybe it's still pending - in which case LOL.

By the way, the bad news wiped about $20M off their market cap.

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