 |
| | Business Summary: Security Devices International, Inc., a development stage company, engages in developing wireless electric ammunition for use in military, homeland security, law enforcement, professional, and home security applications. | | | Address 2171 Avenue Rd., Suite 103
Toronto
, Ontario M5M 4B4
Phone: 647-388-1117
Website: http://www.lektrox.com
| | Auditor |
|---|
SCHWARTZ LEVITSKY FELDMAN
Toronto
, Ontario | | Transfer Agent |
|---|
Transhare Corporation
| | ShareHolders: 200 | Founded: 2005 Domicile: Delaware | | | |
| | Security Devices International, Inc., a development stage company, engages in developing wireless electric ammunition for use in military, homeland security, law enforcement, professional, and home security applications. Its product, LEKTROX, is a third generation electric solution designed for use with standards issue riot guns, M203 grenade launchers, and regular 12-guage shotguns. Security Devices International has a strategic collaboration with Elad Engineering. The company was founded in 2005 and is based in Toronto, Canada. | | History: INCORPORATED in Delaware Mar. 1, 2005. | | | | | | | | | |
|
Management
|
|---|
| Officers | Position |
|---|
| Sheldon Kales | President & Chief Executive Officer | | Rakesh Malhotra | Chief Financial Officer & Chief Accounting Officer | | Boaz Dor | Secretary |
| | Directors |
|---|
| Boaz Dor | | Sheldon Kales | | Gregory Sullivan | | | |
| | | | Capitalization as of 05/31/2009: | | | | | Authorized Shares | Outstanding Shares |
|---|
| Preferred $0.001 par | 5,000,000 | None | | Common $0.001 par | 50,000,000 | 14,447,050 |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
02/25/2009,
200.
| | PRINCIPAL STOCKHOLDERS: February 25, 2009, Sheldon Kales owned or controlled 17.6% of the Common, Dror Shachar 8.3% and Boaz Dor 7.1%. | | | |
Transfer Agent: Transhare Corporation
Greenwood Village
, CO | | | | OTC Bulletin Board( Primary): SDEV | | | | Exchange | Year | High | Low |
|---|
| OTC Bulletin Board | 2009 | 0.9100 | 0.1100 | | OTC Bulletin Board | 2008 | 2.8000 | 0.3000 | | OTC Bulletin Board | 2007 | 4.0000 | 1.0600 | | OTC Bulletin Board | 2006 | 2.9500 | 0.1500 |
|
| | | | DIVIDENDS: Common $0.001 par: None. | | | | | |
| | Annual Report |
|---|
| | | Income Statement | |
| 2008 | 2007 |
|---|
| EXPENSES |
|
| | General and Administration | (1,834,237) | (3,672,275) | | Research and Product Development | (2,632,548) | (1,344,195) | | Amortization | (8,652) | (2,597) | | Other Income Interest | 73,651 | 191,130 | | Earnings before Taxes | (4,401,786) | (4,827,937) | | TAXES AND OTHER EXPENSES |
|
| | Net Income (Loss) | (4,401,786) | (4,827,937) | | SUPPLEMENTARY INFO |
|
| | Operating Income (Loss) | (4,475,437.00) | (5,019,067.00) | | Basic and diluted EPS - Continuing Operations | (0.35) | Nil |
| | | | Balance Sheet | |
| 2008 | 2007 |
|---|
| CURRENT ASSETS |
|
| | Cash and Cash Equivalents | 2,167,699 | 5,293,176 | | Prepaid Expenses and Other | 45,984 | 36,788 | | Total Current Assets | 2,213,683 | 5,329,964 | | NON CURRENT ASSETS |
|
| | Plant and Equipment, Net | 25,450 | 23,960 | | Total Assets | 2,239,133 | 5,353,924 | | CURRENT LIABILITIES |
|
| | Accounts Payable and Accrued Liabilities | 219,081 | 174,842 | | Total Current Liabilities | 219,081 | 174,842 | | SHAREHOLDERS' EQUITY |
|
| | Common Stock - Par Value | 14,447 | 14,330 | | Additional Paid in Capital | 13,084,826 | 11,842,187 | | Deficit Accumulated during the Development Stage | (11,079,221) | (6,677,435) | | Total Shareholders Equity | 2,020,052 | 5,179,082 | | Total Liabilities & Shareholders Equity | 2,239,133 | 5,353,924 |
| | | |
| | Interim Report
|
|---|
| | | Data Not Available | | | | | | | | | |
| | Pro Forma Report
|
|---|
| | | Data Not Available | | | | | | | | | |
| | Quarterly Report Information
|
|---|
| | | Quarterly Revenue, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
1 | Nil | | 2006 |
2 | Nil | | 2006 |
3 | Nil | | 2006 |
4 | Nil | | 2006 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | (810,000) | | 2009 |
2 | (790,000) | | 2009 |
3 | (850,000) | | 2008 |
2 | (1,790,000) | | 2008 |
3 | (900,000) | | 2008 |
4 | (730,000) | | 2008 |
Full Year
| (4,400,000) | | 2007 |
Full Year
| (4,800,000) | | 2006 |
Full Year
| (1,700,000) | | 2005 |
Full Year
| (250,000) |
| | | | | | Quarterly EPS, US$ |
|---|
| Year | Quarter | Revenue | | 2009 |
1 | (.06) | | 2009 |
2 | (.06) | | 2009 |
3 | (.06) | | 2008 |
1 | (.07) | | 2008 |
2 | (.13) | | 2008 |
3 | (.06) | | 2008 |
4 | (.06) | | 2008 |
Full Year
| (.35) | | 2007 |
1 | (.04) | | 2007 |
2 | (.10) | | 2007 |
3 | (.04) | | 2007 |
4 | (.17) | | 2007 |
Full Year
| (.35) | | 2006 |
1 | (.02) | | 2006 |
2 | Nil | | 2006 |
3 | (.02) | | 2006 |
4 | (.15) | | 2006 |
Full Year
| (.19) | | 2005 |
2 | (.02) | | 2005 |
3 | (.01) | | 2005 |
4 | (.01) | | 2005 |
Full Year
| (.04) |
| | | |
| |
|