Laser Photonics Corp ($LASE) experienced a significant drop in pre-market trading, with shares falling approximately 45% to $2. The company's stock has declined 75% since a short report by CapybaraShort on October 1. The report accused Laser Photonics of being a continuation of a 25-year fraud involving the same founders, owners, products, and addresses as a previous company, $FNON. In response, Laser Photonics announced plans to move to a new 50,000 sq. ft. facility to accommodate growth and innovation. The company also indicated it is considering legal action over the short report, alleging misconduct by an affiliated individual and committing to transparency. Trading of $LASE shares was temporarily halted but has since resumed. The stock was down 49.2% pre-market, and the company filed Form EFFECT.