$DTII: Increased Visibility For Defense Technologies International Corp. (OTCMKTS
TII)
By Michael Luke - April 7, 2017
In the current delicate atmosphere of both domestic and global politics, companies related to security and defense, like Defense Technologies International Corp. (OTCMKTS TII), are getting a lot of added attention from the investment community.
The Trump Administration is seeking a massive increase in defense spending, to the tune of $54 billion, of which $30 billion would go onto the budget for 2017 alone. It remains to be seen how much spending will actually increase, but the notion of a heightened state of security threats, complex issues overseas, and a Republican-controlled Congress, it seems a pretty fair assumption that increases will certainly occur.
Defense Technologies International Corp. (OTCMKTS TII) is not a big player in the defense industry by any stretch of the imagination, compared with the giants on the major exchanges, but this over-the-counter traded stock could definitely reap the ancillary benefits of raised awareness on issues of security.
DTII has also made recent efforts to clean up its books, announcing a significant debt reduction last week. It reduced its liabilities by $436,773 and increased its capital by $920,420 between November 2016 to January 31, 2017.
As part of the financial improvements for the Company, three creditors agreed to retire their outstanding claims against Preferred Shares at a conversion rate of One Preferred to Ten Common Restricted Shares. Additionally, the Company retired a Convertible Note with a cash payment of $49,377.22. (Source: OTC Disclosure & News Service)
Not to mention, the company’s flagship product is a solid idea that’s oozing with disruptive potential. DTII’s “Offender Alert Passive Scan” is a ’next-gen’ walk-through detector scanning unit. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats, such as guns, knives, etc. Unlike other scanners the public is more familiar with, Passive Security Scan does NOT use X-rays to detect threats.
Serious health concerns have been raised over the repeated exposure to X-rays from other scanning machines currently in use. The Offender Alert Passive Scan scanner technology is based on the “Earth Magnetic Fields,” has no emission whatsoever, and is therefore extremely safe and harmless to the person passing through the portal. (Source: OTC Disclosure & News Service)
We can envision big potential for the system in places that routinely scan entrants, like schools and universities, prisons, courts, and other government buildings that are open to the public. While not yet officially in production, the company has successfully tested the unit in house, and holds international rights to the technology through its inventor.
The safety of the passive scan system is perhaps one of its biggest selling points. According to the Mayo Clinic, periodic exposure to x-rays carries a very limited risk. Medical x-rays are relatively harmless because chances are, exposure is a very rare event. But prolonged and repeated exposure such as passing through an x-ray scanner every day is another matter entirely. The reason that the passive scan system is most attractive for use in schools, is because the effects of continual x-ray exposure can have more adverse effects on young people, whose physiologies are still in active development. DTII’s safe passive scan technology could literally save lives in the future, so it’s something we really want to follow as a story going forward.
We do have to remain cautious, as DTII’s capacity to fully execute its plans for the Offender Alert Passive Scan remains unknown as yet, but we’re interested enough in the background story to stay hot on its trail. The fact that the stock has reversed off of a recent bottom and has seen increases in price action as well as volume, should also be bringing DTII to more people’s attention.
http://streetregister.com/2017/04/07/increase...cmktsdtii/
TII) By Michael Luke - April 7, 2017
In the current delicate atmosphere of both domestic and global politics, companies related to security and defense, like Defense Technologies International Corp. (OTCMKTS
TII), are getting a lot of added attention from the investment community. The Trump Administration is seeking a massive increase in defense spending, to the tune of $54 billion, of which $30 billion would go onto the budget for 2017 alone. It remains to be seen how much spending will actually increase, but the notion of a heightened state of security threats, complex issues overseas, and a Republican-controlled Congress, it seems a pretty fair assumption that increases will certainly occur.
Defense Technologies International Corp. (OTCMKTS
TII) is not a big player in the defense industry by any stretch of the imagination, compared with the giants on the major exchanges, but this over-the-counter traded stock could definitely reap the ancillary benefits of raised awareness on issues of security. DTII has also made recent efforts to clean up its books, announcing a significant debt reduction last week. It reduced its liabilities by $436,773 and increased its capital by $920,420 between November 2016 to January 31, 2017.
As part of the financial improvements for the Company, three creditors agreed to retire their outstanding claims against Preferred Shares at a conversion rate of One Preferred to Ten Common Restricted Shares. Additionally, the Company retired a Convertible Note with a cash payment of $49,377.22. (Source: OTC Disclosure & News Service)
Not to mention, the company’s flagship product is a solid idea that’s oozing with disruptive potential. DTII’s “Offender Alert Passive Scan” is a ’next-gen’ walk-through detector scanning unit. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats, such as guns, knives, etc. Unlike other scanners the public is more familiar with, Passive Security Scan does NOT use X-rays to detect threats.
Serious health concerns have been raised over the repeated exposure to X-rays from other scanning machines currently in use. The Offender Alert Passive Scan scanner technology is based on the “Earth Magnetic Fields,” has no emission whatsoever, and is therefore extremely safe and harmless to the person passing through the portal. (Source: OTC Disclosure & News Service)
We can envision big potential for the system in places that routinely scan entrants, like schools and universities, prisons, courts, and other government buildings that are open to the public. While not yet officially in production, the company has successfully tested the unit in house, and holds international rights to the technology through its inventor.
The safety of the passive scan system is perhaps one of its biggest selling points. According to the Mayo Clinic, periodic exposure to x-rays carries a very limited risk. Medical x-rays are relatively harmless because chances are, exposure is a very rare event. But prolonged and repeated exposure such as passing through an x-ray scanner every day is another matter entirely. The reason that the passive scan system is most attractive for use in schools, is because the effects of continual x-ray exposure can have more adverse effects on young people, whose physiologies are still in active development. DTII’s safe passive scan technology could literally save lives in the future, so it’s something we really want to follow as a story going forward.
We do have to remain cautious, as DTII’s capacity to fully execute its plans for the Offender Alert Passive Scan remains unknown as yet, but we’re interested enough in the background story to stay hot on its trail. The fact that the stock has reversed off of a recent bottom and has seen increases in price action as well as volume, should also be bringing DTII to more people’s attention.
http://streetregister.com/2017/04/07/increase...cmktsdtii/
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