Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Sheds Light on the Market
Source: http://Blog.QualityStocks.net/?p=12882Posted on Monday, October 13th, 2008 | In Small & Micro Cap
For some time, the Kingston, Massachusetts Company Brite-Strike Tactical Illumination Products has been at the cutting-edge of safety by developing flashlights and protection devices that give consumers piece of mind. Three months ago, the young company took a major step towards advancing their future when they went public and people have responded by taking notice of Brite-Strike as it expands and continues to make noise on Wall Street.
The company is now traded on the Pink Sheets under the symbol “BSTI”. Brite-Strike is armed with 20 million shares outstanding after it completed a reverse merger with Global One Holdings, a Miami company that has been inactive since 2004.
John Lennon, vice president of finance with Brite-Strike, said the company hopes for an initial capitalization of around $1 million. Lennon said the company chose to go public via a reverse merger – instead of seeking an initial public offering – to cut down on the costs and time required for an IPO.
One of the company’s premier products is the “Lightning Strike”, which is a high-powered flashlight designed to help protect women and college students from attacks. “Lightning Strike” has been a screaming success and has given Brite-Strike national attention and allowed the young company to become a major player in the burgeoning market for personal self-defense systems. “Lighting Strike” has allowed Brite-Strike to strike a blow into the tactical lighting industry which has ballooned into a $2 Billion market.
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Brite Strike Tactical Illumination Products Inc, finance, Global One Holdings, John Lennon, Kingston, Message Board, Miami, personal self-defense systems, protection devices, Small & Micro Cap, USD, wall street
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