It looks like a laser gun, so (Keep in mind I'm not the best at stats)

Pros:
+10% Damage
+5% Crit and Mini Crit Damage
Leaves a small afterburn effect, similar to the Manmelter
Dispensers Immediately Recharge 1/4 of Charge
Cons:
-10 Seconds Of Recharge
Laser Travels to Target at Same Speed of Manmelter

Feel free to build on my idea for the stats