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Ready, Aim, Fire. Astra Veda Pulls the Bullet Proof Blinds™ Trigger
BY PR Newswire
— 1:00 PM ET 04/01/2021
SCOTTSDALE, Ariz., April 1, 2021 /PRNewswire/ -- Astra Veda Corporation Chairman and Chief Executive Mick Davis is honored and proud to announce that the Company has reached a lucrative licensing agreement with fellow firearms enthusiast and renowned inventor John Adrain of Spokane Washington, to utilize his patented Bullet Proof Blinds™ technology to fulfill nearly one million dollars in outstanding purchases order request.
Ready, Aim, Fire. Astra Veda Pulls the Bullet Proof Blinds™ Trigger. Astra Veda Corporation
Mr. Adrain has been awarded 30 patents. He has been improving this invention since 2012 in attempts to overcome the enormous challenge in manufacturing his lightweight fabric product in large enough quantities to be cost-effective.
The success to producing our ballistic material is enabled by Ronald Egress of Jonesborough, Tennessee who was the former Applications Development Leader for Military and Law Enforcement Personal Armor Systems at DuPont. Ron has over 10 patent awards to his credit and was a guest investigator for the United States Army Research Labs. After 20 years of service to Dupont Mr. Egress is venturing out to greater opportunities.
These security-oriented innovators met validating Bullet Proof Blinds™ to comply with National Institute of Justice NIJ Body Armor Compliance Test. They were introduced by Andy Finch of Phoenix Arizona who will head up production operations. Mr. Finch is an acclaimed international business executive with several investment ventures and successful exits to his credit.
"While discussing other unrelated business matters, Andy mentioned the opportunity," said Davis a former NAVDEVGRU development professional. "It was a perfect business alignment for us, and we took action to make Bullet Barrier ™ happen." In an exciting joint venture, Astra will be forming a NEWCO subsidiary and engaged private equity and distribution investors who understand our history and support our new future ahead.
Astra's other Subsidiary Punchzee, is in discussions with a well-funded innovative real estate development company in Arizona to integrate its advanced construction operations management platform (Punchzee.com) with their augmented reality sales platform later this summer.
On other matters, the Company will start financial reporting after FINRA has completed our requested name change and ticker symbol change. The OTC Markets Group has prevented us from submitting updates until then. We see no reason to reverse split our common stock in the foreseeable future and exploring a preferred share repurchase and conversion plan to correct the unlawful defects from the former board of directors.
BY PR Newswire
— 6:00 AM ET 05/27/2021
SCOTTSDALE, Ariz., May 27, 2021 /PRNewswire/ -- Astra Veda Corporation Chief Executive Mick Davis announced today that a substantial investment has been made in a joint venture to manufacture Bullet BarrierTM Products. The new entity is called Ballistic Barrier Products Inc. (BBP), and responsible for product development, manufacturing and sales support for ballistic resistant window and door coverings fulfilling the incredible demand for orders.
Astra Continues Security Products And Services Strategy
A facility has been identified in the heart of the textile industry in the Southeastern US with close regional support for materials, equipment, and skilled labor. BBP will be selling to residential and commercial customers as well as schools and government entities both domestically and abroad in the coming months.
Partners in the venture include Astra Veda Corporation, Egres Enterprises and Rift Management Inc. (RMI). Astra is focused on co-founding technology companies and incubate them to success. "We are following through on our long-term strategy of creating products and services for cyber security and life protection industries by investing in Bullet BarrierTM ", stated Davis. "Our team in Finland with its quantum computing resistant encryption and Sayphr™ platform are examples of this leadership directive", Davis continued. Funding, financial oversight and corporate governance are the primary responsibilities of Astra in the partnership.
Egres Enterprises, led by Ron Egres, is a firm specializing in ballistic resistant materials with deep connections to suppliers, test facilities and industry standards groups. "The life protection market has been a focus for me over most of my career. The opportunity to use this experience to develop Bullet BarrierTM products is personally rewarding.", says Egres. Egres Enterprises will be responsible for the roll goods development.
RMI assists businesses in commercializing products and services. Andy Finch from RMI said, "Few companies have such a high demand before their product launches. The need for large-format, cost-effective life protection products is tremendous." RMI will be the managing partner for BBP and will be delivering a certified product to the joint venture.
The BBP team is currently procuring equipment and materials to construct the initial production facility.
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