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Bantek Inc. (BANT)

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Last Post: 5/23/2019 12:17:31 PM - Followers: 435 - Board type: Free - Posts Today: 0

DRUS name /ticker change on 2/20/19 to BANT

Drone USA Inc.  https://droneusainc.com/     https://twitter.com/TheDroneUSA

Share structure: 1.5B Authorized ---> Upped to 6B on 2/24/19

- ~72,000,000 shares Outstanding as of July 2, 2018
- 585,841,148 shares Outstanding as of August 7, 2018
- 630,000,000 shares Outstanding as of August 23, 2018
- 671,000,000 shares Outstanding as of September, 2018

- 764,437,770 shares Outstanding as of October 11, 2018
- 829,857,938 shares Outstanding as of November 2, 2018
- 1,044,146,518 shares Outstanding as of December 6, 2018
- 1,096,247,044 shares Outstanding as of January 9, 2018

- 1,212,520,764 shares Outstanding as of January 21, 2019
- 1,215,520,764 shares Outstanding as of February 1, 2019
- 1,398,309,764 shares Outstanding as of February 13, 2019
- 1,585,086,306 shares Outstanding as of March 1, 2019
- 1,908,711,889 shares Outstanding as of April 8, 2019
- 2,111,584,863 shares Outstanding as of May 8, 2019


As of January 21, 2019, there were:

  - 250 shares of series A Preferred Stock outstanding;
  - 7,473,616 options outstanding;
  - 289,324,771 warrants outstanding;
  - 117,827,211 shares reserved for issuance upon the conversion of our outstanding convertible promissory notes based upon an aggregate principal balance of $6,421,323; and
    55,648,800 shares available for grant under our 2016 Incentive Stock Option Plan.


Michael Bannon

CEO/Chairman of the Board

  • Has over twenty-five years of entrepreneurship and business leadership experience.
    Lead organizations in the environmental, manufacturing, and construction industries.
    Has built profitable multi-million dollar sales driven organizations in both the service and the manufacturing sectors.
    Is a FAA Certified Remote Pilot.
    Received a BA from the University of Connecticut, a MBA and a MA in Industrial/Organizational Psychology from University of New Haven.
    Earned certificates in Strategic Finance for Smaller Businesses and Mergers and Acquisitions: Strategy, Execution, and Post-Merger Management from the Harvard Business School.
    In 2011, Mike graduated from Harvard’s prestigious Owner President Management Program becoming a Harvard Business School graduate/alumnus.

Drone USA Letter to ShareholdersPress Release | 04/23/2018

Drone USA, Inc. (OTCQB:DRUS) released the following letter to its shareholders:

Dear Shareholders,

We have decided to make a change. We are much more than a drone company. Today, we filed with the SEC a Schedule 14C to change our company name and increase the number of authorized shares and will be filing with FINRA to change our symbol. Our new corporate name will be Bantek Inc. Under the Bantek name, we will create three divisions:

  1. Distributing
    Environmental Remediation & Energy Savings.

We intend to grow all three divisions through acquisitions and strategic partnerships. We are excited about the change. We believe it will open new doors for increased revenues and profits.


Under our Distributing division, we will have Howco Distributing Co, located in Vancouver Washington, HowcoCTlocated in West Haven Connecticut and late this summer we plan to open a Howco Distribution Center in Phoenix Arizona. In addition, we are currently looking to acquire distributing companies in New York and Florida. We are also exploring the possibility of franchising Howco and helping disabled veterans own and operate their own distributing businesses.


Under the Aerospace division, we will have Drone USA. Drone USA will continue providing police, fire and U.S. businesses with all-inclusive drone and counter-drone programs. Our programs include FAA training, operator training, certificates of authorization and waivers and a creative internet of things solution for managing drones, product manuals, flight logs, safety checklists, maintenance and much more. We are currently working a on a new state-of-the-art Drone USA website and store that we plan to roll out this summer. We are also looking beyond the drone industry into other aerospace businesses that would ultimately complement and reinforce our overall strategic vision.

Environmental Remediation & Energy Savings

I personally have been involved in the environmental remediation and energy saving product industries for over three decades. These are businesses I know well. Through our strategic partnerships, future acquisitions and organic growth, we expect to provide environmental remediation and energy saving products and services throughout the United States. Through a strategic partnership, we expect to possess patented technology to enables us to provide real time energy savings to our customers. In the next few months, we plan to roll out a shared energy savings program where we provide our customers with real time energy savings. We believe that through organic growth, acquisitions and strategic alliances this division has significant potential for substantial growth and profitability.

Thank you all for your support.

Respectfully Submitted,

Michael Bannon

SEC Compliant and landing contracts!

Drone USA Enters into Marketing Partnership with Thermaxx

Targeting Energy Efficiency and Savings

WEST HAVEN, CT / ACCESSWIRE / June 13, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider, manufacturer and reseller of drones, distributor of products to the U.S. Government and now a seller of environmental products, today announced a reseller partnership with Thermaxx LLC, a company that specializes in energy efficient insulation jackets.

Thermaxx's solutions enable clients to save energy with easy to use, removable insulation jackets when traditional stay-in-place insulation is not practical, especially for mechanical systems, pipes, valves and heavy equipment. Combining expertise in heat loss, wireless monitoring, insulation design, and several other disciplines, Thermaxx become the #1 provider and fabricator of removable insulation jackets and covers.

Michael Bannon, Drone USA's Chief Executive Officer, commented, "As we re-position and re-brand our company, we will be changing our corporate name to Bantek Inc., which will have three divisions: Distributing (Howco Washington and Howco CT), Aerospace (Drone USA) and Environmental & Energy Savings (Thermaxx). Being a founder of Thermaxx LLC, I am intimate with Thermaxx's products and patented technology. Prior to founding Drone USA, I managed Thermaxx's international division. We will now be selling Thermaxx jackets internationally in South and Central America, Africa, the Middle East and Asia. We will also be selling domestically to Bantek's customers in the United States."

"Thermaxx is excited about the opportunities that Drone USA's Environmental & Energy Savings division will bring to the table," stated, Philip J. Johns, Chief Executive Officer of Thermaxx, LLC. "We are always pushing to introduce new technology and innovation into the insulation industry, making Bantek an ideal fit. Our presence both overseas and in North America can benefit from Bantek's wide reach, while Bantek's customers can be assured that they are receiving the best energy saving solutions in the market."

About Thermaxx, LLC

Thermaxx was founded with a single purpose: to help its clients save energy with removable insulation blankets when traditional stay-in-place insulation is not practical. Thermaxx provides an energy recapture solution for commercial, district, and industrial steam systems - together representing almost 10% of U.S. energy consumption. Its dedication has resulted in a long list of customers who are saving money thanks to Thermaxx Jackets, most of its projects provide a return on Investment of under two years. Thermaxx offers products for steam, hot water, acoustic, and chilled applications that are designed to keep energy where it belongs. Its patented M&V sensor is able to prove the savings in real-time, and its "Slates" keep track of it all. Combining expertise in heat loss, wireless monitoring, insulation design, custom manufacturing, and asset management, Thermaxx become the #1 provider and fabricator of removable insulation jackets and covers.

For additional information about Thermaxx LLC., please visit www.thermaxxjackets.com.

About Drone USA, Inc.

Drone USA, Inc. (OTCQB: DRUS), headquartered in West Have, CT., is a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Our primary markets U.S. police, firemen, U.S. industry and the U.S. Government.

For additional information about Drone USA, please visit: www.droneusainc.com

Aggregate of $1.8 Million in New Contracts Over Past Few Weeks WEST HAVEN, CT / ACCESSWIRE / May 2, 2018 / Drone USA, Inc. (OTCQB: DRUS ) ("Drone…


NEWS..( DRUS ) Drone USA Moved Headquarters to Pine Brook, New Jersey
8:31 AM ET 9/25/18 | Dow Jones 

PINE BROOK, NJ / ACCESSWIRE / September 25, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that Drone USA has moved its headquarters to 330 Changebridge Road, Suite 101 Pine Brook, New Jersey 07058

Michael Bannon, Drone USA's Chief Executive Officer, commented, "We are excited about the move to central New Jersey. Central New Jersey provides us access to bigger markets on all fronts: drones, distributing and environmental products. It also provides a perfect staging area to attack the Delaware, Maryland, Western P.A. and the Washington D.C. markets. To start, New Jersey is home to a plethora of hospitals, universities, manufacturers, oil refineries, security companies and much more. We are currently targeting these sectors with an aggressive marketing campaign. On the Howco distributing side, products previously shipped from Maryland and Kentucky to Connecticut now can be shipped at a lower cost to New Jersey. Although our headquarters is not distribution warehouse, we have identified several facilities we can utilize at a very low cost. In addition, our new facility equipped with different size training rooms, will be used for drone operator instruction and FAA 107 training."  

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PlusOneCoin Top Posts
#60622   "Expands Portfolio of Drone Offerings to Include Ultra-High-Performance Stock_Barber 05/20/19 09:10:10 AM
#60621  Sticky Note NEWS 5/20/2019 Bantek Signs Distributor Agreement with PIGEON RIVER PROSPECTIN,TN 05/20/19 09:04:00 AM
#60019  Sticky Note This S-1 filing is BAD BAD BAD BAD horst 03/02/19 12:49:44 PM
#59988  Sticky Note $BANT - S1 filed / about to dilute TheRealMrPirate 03/01/19 02:21:03 PM
#59477  Sticky Note First-and-foremost-we-restructured-our-senior-secured-debt-with-TCA-Global-Credit-Master-Fund, L Drugdoctor 02/13/19 02:33:21 AM
#58767  Sticky Note Proxy Statement - Other Information (preliminary) (pre 14c) #1 PATRIOTS_RSOX FAN 02/05/19 08:06:50 AM
#60664   yep, someone bought about 200 bucks worth so PD4107 05/23/19 12:17:31 PM
#60663   Well, someone’s buying them—otherwise the PPS wouldn’t be uvaphd 05/22/19 03:25:15 PM
#60662   The small spike in volume over the past Hereitcomes 05/22/19 01:36:46 PM
#60661   No address provided in press release? This Hereitcomes 05/22/19 01:24:02 PM
#60658   On Howco's website it still shows the Vancouver address risktaker2010 05/22/19 11:38:45 AM
#60657   even more no substance PR. Bannon really , PD4107 05/22/19 10:42:42 AM
#60656   News 5/22 Banteks Howco Distributing Co. Opens New PIGEON RIVER PROSPECTIN,TN 05/22/19 09:29:47 AM
#60655   Can anyone say "DILUTION"? LOL! seaybiscuit 05/21/19 03:46:48 PM
#60654   No details or numbers as usual = PR FlyBaltia747 05/21/19 03:39:36 PM
#60653   EXACTLY RIGHT the only reason there is a PD4107 05/21/19 02:13:26 PM
#60652   When management has a 100% loss of credibility Stock_Barber 05/21/19 01:42:10 PM
#60651   No one has commented on this part of captainhook002 05/21/19 01:35:31 PM
#60650   Potentially could be! Better grab these ASAP just BullsNation21 05/21/19 08:10:46 AM
#60649   Release Bantek Signs Distributor Agreement with Drones by US 02opida 05/21/19 07:59:54 AM
#60648   Could this be the first conspicuous step in uvaphd 05/21/19 01:41:33 AM
#60647   Bad choice of words it will go up! Lol James1975 05/20/19 10:42:19 PM
#60646   Hope should have no role in investing... Stock_Barber 05/20/19 04:17:59 PM
#60645   I have plenty of skin in this so James1975 05/20/19 04:01:56 PM
#60644   Hereitcomes 05/20/19 03:56:48 PM
#60643   "Things are not always what they seem" Stock_Barber 05/20/19 02:53:33 PM
#60642   I think this can run to 1.00 lets James1975 05/20/19 02:40:54 PM
#60641   Bant watching... Oswal 05/20/19 02:25:20 PM
#60640   It is probably the company itself trying to Stock_Barber 05/20/19 02:10:13 PM
#60639   Found this interesting video which speaks to Drones Hereitcomes 05/20/19 02:02:53 PM
#60638   Stupid massive wall on the ask smh!! Take BullsNation21 05/20/19 12:52:56 PM
#60637   I don't know, I think it's going to Oliverjack 05/20/19 11:37:15 AM
#60636   About time this starts to pick up New James1975 05/20/19 11:20:30 AM
#60635   This News is Real o fake NEWS 5/20/2019 Oswal 05/20/19 10:55:25 AM
#60634   Yeah woulda been nice to see some dollar BullsNation21 05/20/19 10:54:50 AM
#60633   stop pumping...not that easy as you think suha 05/20/19 10:45:45 AM
#60632   Needed a huge dollor figure in that pr Oliverjack 05/20/19 10:39:02 AM
#60631   News: $BANT Bantek Signs Distributor Agreement with Drones whytestocks 05/20/19 10:21:30 AM
#60630   And what to my wandering eyes do appear? LodieJ 05/20/19 10:21:10 AM
#60629   Once we get thru that wall of 4s.. BullsNation21 05/20/19 10:09:08 AM
#60628   Breakout Time! Could easily see .002!! This bad BullsNation21 05/20/19 09:51:22 AM
#60627   DID YOU ALL SEE THE NEWS ? holy PD4107 05/20/19 09:36:42 AM
#60626   Noobs Beware! Stock_Barber 05/20/19 09:35:36 AM
#60625   Bantek Signs Distributor Agreement with Drones by US Penny Machine 05/20/19 09:29:00 AM
#60624   This is Huge!!! So glad I accumulated on BullsNation21 05/20/19 09:28:24 AM
#60623   BANT...0003...News...https://www.otcmarkets.com/stock/BANT/news/Bantek-Signs-Dis georgie18 05/20/19 09:16:03 AM
#60622   "Expands Portfolio of Drone Offerings to Include Ultra-High-Performance Stock_Barber 05/20/19 09:10:10 AM
#60621   NEWS 5/20/2019 Bantek Signs Distributor Agreement with PIGEON RIVER PROSPECTIN,TN 05/20/19 09:04:00 AM
#60620   Yes, this POS company is going down, not Drugdoctor 05/15/19 11:29:48 PM
#60619   Huge drop in sales and profit dollars. Hereitcomes 05/15/19 07:34:36 PM
#60618   WHAT? What about the pending huge orders from the Stock_Barber 05/15/19 07:12:32 PM
#60617   No sales other than HowCo.. its clearly on FlyBaltia747 05/15/19 07:09:46 PM
#60616   OMG!! HILARIOUS TO LOOK AT HOW MANY PEOPLE PD4107 05/15/19 03:05:49 PM
#60615   $BANT 10-Q just posted! BullsNation21 05/15/19 02:13:58 PM
#60614   10q newlevel87 05/15/19 02:02:25 PM
#60613   Put a fork in them, they are done. Too hp435 05/15/19 12:37:39 PM