When Taser International Inc. chair Tom Smith speaks at the Braidwood inquiry today in Vancouver, part of his message might well be directed at the investment community.

Taser International's share price has fallen sharply since the death of Polish immigrant Robert Dziekanski at Vancouver International Airport last October.

Shortly before Dziekanski's death, he was twice tasered by Richmond RCMP. The videotaped footage was broadcast around the world.

On October 13, the day before the incident, Taser International shares closed at US$17.85. Last Friday, they closed at US$7.41. Taser International's market capitalization is now $474.3 million.

According to a transcript of a conference call with analysts on May 8, Smith said that there were six lawsuits dismissed in the last quarter and only one filed -- a net gain of five.

However, Smith also acknowledged the possibility that one day, Taser International could lose a lawsuit filed in connection with the use of its products.

"And on that note, I would like to remind people that we won't be perfect in the court forever," Smith said, according to the transcript. "Juries are unpredictable. Some of the best litigators we've talked to have said, when you've got a water-tight, 100% bullet proof case, your chances of winning in a jury are about 70%. So I have heard some comments of people saying well, when TASERs loses a case, that's really going to be an issue. And frankly it is not. We are not basing our strategy on the fact that we have to win every single case."

Smith said there are now 12,700 agencies testing or deploying Tasers. Last year, the company generated a $15-million profit on revenues of $100.7 million.

Retired B.C. judge Thomas Braidwood is holding two inquiries related to Tasers. Former B.C. premier Ujjal Dosanjh, now the federal Liberal public-safety critic, is scheduled to speak at the inquiry this week.