Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) is the latest company to be profiled by OTC Financial Network (OTCFN), a division of National Financial Communications Corp. The Corporate Facts report on Brite-Strike highlights the company’s core product line, target market, current distribution channels, and future growth strategies.
Located in Needham, Massachusetts, OTCFN has established its niche as a leading small-micro-cap investor relations and financial communications firm. For the marketing, printing, and distribution of the report, OTCFN received $100,000 and will now serve as a special advisor to Brite-Strike. The opinions and data in the report are prepared for informative purposes and are not intended as investment advice.
The founders of Brite-Strike, Glenn Bushee and Jon Neal, are active police officers who felt the need to improve the design of standard issue flashlights. The company focuses on the design and manufacturing of advanced, high-intensity LED (light-emitting diode) tactical flashlights and personal protection systems. The company has a line of professional-grade tactical lights, as well as a line of personal protection products to be used by civilians.
“The popularity and marketing attractiveness of high powered LED flashlights, combined with their self-defense functionality, has created a substantial market opportunity for Brite-Strike(R) across the global law enforcement, military and consumer sectors,” according to Geoffrey Eiten, publisher of the OTCFN report. “Internationally, the Company is reporting strong demand for its non-lethal law enforcement products, and is on the heels of opening a London office to cost-effectively serve Europe, the UK, Asia and other countries.
“In just two months of a limited product launch in November 2007, Brite-Strike® generated $260,000 in revenues on a break-even basis and is targeting profitability on annual revenues between $1.5 million and $3 million in 2008,” stated Eiten. “As a new issue to the public arena, Brite-Strike® has plenty of room for appreciation and is focused on becoming a fully reporting company in the near-term.”
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