Thursday, October 27, 2011

Laserlock Buys Back 10% of Its Shares; Files a Patent Infringement Suit; Granted New Patent

PHILADELPHIA, Oct. 27, 2011 /PRNewswire/ -- Laserlock Technologies, Inc. (PINK: LLTI) today announced that it has repurchased 17.9 million shares of its common stock, 10% of its shares outstanding, in a private transaction. The announcement was made by Norman A. Gardner, Chairman & Chief Executive Officer. The Company also announced that it has initiated a patent infringement suit in the US District Court for the Western District of Pennsylvania against WS Packaging Group Inc. of Green Bay, Wisc...continued
     

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