Dec. 3 at 9:51 PM
$LASE How Dmitriy Nikitin's Shell Game Extracts Millions While the Stock Goes to Zero
The Bottom Line Up Front:
Laser Photonics is a masterclass in corporate looting. Founder Dmitriy Nikitin controls a network of shell companies (ICT Investments, Fonon Corporation, and Fonon Technologies) that own over 60% of
$LASE's stock while simultaneously billing
$LASE millions in "fees" and collecting royalties on every sale. Since 2023, nearly
$10 million has flowed from
$LASE to these Nikitin-controlled entities, even as the company raised emergency capital from desperate investors. Here's why the stock is going to zero while Nikitin walks away rich: he's already extracted the cash, he owns the underlying technology through his shells, and when
$LASE inevitably collapses, he'll simply start the same scam with a new company name. Just like he did after BlueChip Energy imploded with a
$4.5 million fraud judgment against him.
