$DTII Ludlow Research Upgrades DTII to $0.03+ on Major Reduction of Debt
http://www.wallstreetnewscast.com/profile/dtii/
Updated: June 22, 2017
Ludlow Research Upgrades DTII to $0.03+ on Major Reduction of Debt
(NEW YORK)–The recent reduction of debt, in terms that are friendly to sharehodlers, has prompted Ludlow Research to issue Defense Technologies International Corp. (OTC
TII), a developer of security technologies, and short term speculative target of $0.03 per share.
On June 13, 2017, the Company issued 1,751,824 preferred shares to two individuals in exchange for full payment of $175,182 of debt. Each Series A preferred share is convertible into 10 shares of DTII voting common stock, and carries voting rights on the basis of 100 votes per preferred share on any vote of common stockholders.
If fully converted that would come out to 17,518,240 common shares. So, for the debt holder to be made whole on their $175k debt DTII stock would have to be trading at a price of at least $0.01 to $0.02 per share, minimum.
Add in there is no raise in authorized to cover these shares, and any conversion as we confirmed would be into “restricted” common shares, then it seems likely these new preferred share holders are in DTII for the long-term, and most likely for prices much higher then $0.02 per share.
For this reason Ludlow Research has issued DTII a short-term ‘speculative valuation target of $0.02 to $0.03+ per share.
Growth in Mass Shootings
No matter if we are speaking of a highly covered mass shooting on the news, or just random lone gunman opening fire in a night club, the issue of mass shootings in highly populated public areas has swung investor attention to such issues as venue security.
Trying to get bipartisan support on the issue of guns in hands of people prone to violence may be far from any policy agreement due to the political nature of the gun rights debate. Fair enough! But one area where you could see support, in both the public and private sector, is in the area of venue security to twart the posisble damage any mass shooter may cause by preventing them access to high populated areas in the first place. (concert halls, clubs, airports, outdoor festivals, sports arenas, schools, etc)
According to the watchdog group Gun Violence Archive there have been 154 mass shootings, 6,880 gun-related deaths, and 13,504 firearm injuries in 2017 alone.
With only around 200 million shares outstanding the Compamy trades at a market value that may offer traders some upside potential as venue security continues to make headlines.
Offender Alert Passive Scan
The Company’s ‘Offender Alert Passive Scan™’ is a “next generation” 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, Defense Technologies does NOT use X-rays to detect threats. Serious health concerns have been raised over the repeated exposure to X-rays from scanning machines currently in use.
Non X-ray Metal Detectors
Unlike other metal detector scanners the public is more familiar with, DTII walk through scanners do NOT use X-rays to detect threats. Serious health concerns have been raised over the repeated exposure to X-rays from scanning machines currently in use, and this could be an attractive selling feature for individuals who man these systems all day, or better yet at schools where parents may have concerns of daily X-ray exposure to their children.
The original prototype was successfully demonstrated and proven at the Science and Technology Offices of Homeland Security in Washington DC’s Offices in 2016.
The Company has its own Washington DC lobbyist on its Board of Advisors, and with these pieces in place any prospect of government contracts could have a dramatic upside potential for DTII stock.
Company Website: http://www.defensetechnologiesintl.co
http://www.wallstreetnewscast.com/profile/dtii/
Updated: June 22, 2017
Ludlow Research Upgrades DTII to $0.03+ on Major Reduction of Debt
(NEW YORK)–The recent reduction of debt, in terms that are friendly to sharehodlers, has prompted Ludlow Research to issue Defense Technologies International Corp. (OTC
TII), a developer of security technologies, and short term speculative target of $0.03 per share. On June 13, 2017, the Company issued 1,751,824 preferred shares to two individuals in exchange for full payment of $175,182 of debt. Each Series A preferred share is convertible into 10 shares of DTII voting common stock, and carries voting rights on the basis of 100 votes per preferred share on any vote of common stockholders.
If fully converted that would come out to 17,518,240 common shares. So, for the debt holder to be made whole on their $175k debt DTII stock would have to be trading at a price of at least $0.01 to $0.02 per share, minimum.
Add in there is no raise in authorized to cover these shares, and any conversion as we confirmed would be into “restricted” common shares, then it seems likely these new preferred share holders are in DTII for the long-term, and most likely for prices much higher then $0.02 per share.
For this reason Ludlow Research has issued DTII a short-term ‘speculative valuation target of $0.02 to $0.03+ per share.
Growth in Mass Shootings
No matter if we are speaking of a highly covered mass shooting on the news, or just random lone gunman opening fire in a night club, the issue of mass shootings in highly populated public areas has swung investor attention to such issues as venue security.
Trying to get bipartisan support on the issue of guns in hands of people prone to violence may be far from any policy agreement due to the political nature of the gun rights debate. Fair enough! But one area where you could see support, in both the public and private sector, is in the area of venue security to twart the posisble damage any mass shooter may cause by preventing them access to high populated areas in the first place. (concert halls, clubs, airports, outdoor festivals, sports arenas, schools, etc)
According to the watchdog group Gun Violence Archive there have been 154 mass shootings, 6,880 gun-related deaths, and 13,504 firearm injuries in 2017 alone.
With only around 200 million shares outstanding the Compamy trades at a market value that may offer traders some upside potential as venue security continues to make headlines.
Offender Alert Passive Scan
The Company’s ‘Offender Alert Passive Scan™’ is a “next generation” 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, Defense Technologies does NOT use X-rays to detect threats. Serious health concerns have been raised over the repeated exposure to X-rays from scanning machines currently in use.
Non X-ray Metal Detectors
Unlike other metal detector scanners the public is more familiar with, DTII walk through scanners do NOT use X-rays to detect threats. Serious health concerns have been raised over the repeated exposure to X-rays from scanning machines currently in use, and this could be an attractive selling feature for individuals who man these systems all day, or better yet at schools where parents may have concerns of daily X-ray exposure to their children.
The original prototype was successfully demonstrated and proven at the Science and Technology Offices of Homeland Security in Washington DC’s Offices in 2016.
The Company has its own Washington DC lobbyist on its Board of Advisors, and with these pieces in place any prospect of government contracts could have a dramatic upside potential for DTII stock.
Company Website: http://www.defensetechnologiesintl.co
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****Disclaimer**** Nothing I post is meant to be investment advice. Please do your own DD and research. At the end of the day we are all responsible for our own actions. I click the buy button and I click the sell button. I and I alone.
