Is It About To Get Worse? Lakeland Hazmat Suit Orders Go Exponential, Surpass 1 Million
by Tyler Durden
ZeroHedge.com
10/29/2014
Almost exactly a month ago, long before the Texas Ebola fiasco, when virtually nobody had heard of a small company out of Ronkonkoma, NY called Lakeland Industries and whose only product is “industrial protective clothing for industry, municipalities, healthcare and to first responders” i.e., Hazmat suits, we asked “i) who will get sick next and ii) how bad could it get?” For the answer we focused on the recently announced order of 160,000 Hazmat suits by the US State Department which had come at a time when the CDC was urging everyone that there is nothing to fear and that Ebola is under control. Fast forward to today when shortly after the close, and minutes after it announced the completion of another $11 million follow on offering, Lakeland surprised everyone, and especially those who are short the stock, when it released the following “Update on Business Activity Relating to Ebola Crisis” in which it announced that it has, by now, received a stunning 1 million Hazmat suit orders and rising exponentially.
The Rest…HERE
