Thursday, July 28, 2011

Taser International tasers itself in the arse

Taser International's 2nd Quarter results are about as expected. They're idiots and have managed to post yet another loss (again(again(again...))).

They've abandoned the obviously-stupid 'Protector' product / "service" (sic); it's not exactly an unexpected failure. That real-world IQ Test cost them at least $1.4M. LOL.

They've also been forced by their legal loss in the Darryl Turner case to set aside $3.3M. I'm not bad at seeing the future and I predict that they'll not be winning the appeals in this case. That money, along with another $6M+ from their extremely unhappy insurance carrier, will almost certainly eventually be signed over to the family.

There's still a backlog of other cases that should keep them in court and in the red until the end of time.

Idiots.

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