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Bantek Inc. (BANT)

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Last Post: 10/14/2019 10:01:41 PM - Followers: 390 - 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
- 2,544,597,863 shares Outstanding as of June 7, 2019
- 2,967,528,630 shares Outstanding as of July 9, 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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#60895  Sticky Note NEWS..Banteks Drone USA Division Awarded Drone Contracts Plus PIGEON RIVER PROSPECTIN,TN 07/24/19 10:07:53 AM
#59988  Sticky Note $BANT - S1 filed / about to dilute TheRealMrPirate 03/01/19 02:21:03 PM
#61048   Yes, terrible for shareholders! bant is one DeerBalls 10/14/19 10:01:41 PM
#61046   He kept amending the offering till it was sodamnsane 10/14/19 04:18:52 PM
#61044   "This garbage was easy to spot!" Stock_Barber 10/14/19 08:55:07 AM
#61043   A REAL WINNER, HERE WITH bant...lololololol. DeerBalls 10/14/19 04:23:46 AM
#61042   This is going to go back up. But James1975 10/09/19 03:59:54 PM
#61041   woah! 13k ? Wow so sorry for your LodieJ 10/07/19 03:11:53 PM
#61040   Morons PD4107 10/04/19 08:49:59 PM
#61039   This stock needs a run where's that BULL James1975 10/04/19 11:27:54 AM
#61038   How can i keep following after loose almost sodamnsane 10/04/19 11:18:05 AM
#61037   Any info available from the shareholder meeting on 9/30? Netcool 10/04/19 08:22:09 AM
#61036   NO! They changed the name to Bantec. Where LodieJ 10/04/19 04:52:58 AM
#61035   Bahahaha he misspelled his own company name in sodamnsane 10/03/19 06:55:12 PM
#61034   99% of the time these OTC stinky pinkies Goldenadder 09/29/19 03:17:53 AM
#61033   When this shareholder wipe...I mean RS happens, its Goldenadder 09/29/19 02:58:10 AM
#61032   Bant. Bicell 09/26/19 11:39:58 AM
#61031   Someone below said they talked to Steven Hart LodieJ 09/26/19 11:25:13 AM
#61030   My shares haven’t been RS—what is going on? uvaphd 09/25/19 07:08:52 PM
#61029   Bantek pk Bicell 09/25/19 09:58:44 AM
#61028   Agree with you there. How this is federally LodieJ 09/24/19 11:48:23 AM
#61027   I Even if this is real site or FlyBaltia747 09/24/19 04:05:08 AM
#61026   Drones / drywall... what's the difference? Stock_Barber 09/23/19 10:30:47 PM
#61025   https://bantecconstruction.com/about/ Netcool 09/23/19 10:22:57 PM
#61024   Bottom feeders trying to pick up chickens. James1975 09/23/19 12:31:47 PM
#61023   Morons PD4107 09/22/19 09:09:44 PM
#61022   I think the same. I think they have jl270301 09/20/19 11:42:56 AM
#61021   Bant Bicell 09/19/19 05:25:34 PM
#61020   Hmmm I never did see a signed RS James1975 09/19/19 04:33:04 PM
#61019   I sent an email to Mr Bannon asking Bicell 09/19/19 02:29:49 PM
#61018   So the new float will be 2.9 million TheHappyVulcan 09/17/19 04:49:32 PM
#61017   Well good. I don't want to pay a LodieJ 09/17/19 04:16:16 PM
#61016   LOL that loser bannon cant even do a PD4107 09/17/19 12:12:57 PM
#61015   #1 There are plenty of other triple zero FlyBaltia747 09/17/19 10:20:56 AM
#61014   Why no reverse split vulken17 09/17/19 09:51:31 AM
#61013   No reverse split vulken17 09/17/19 09:35:34 AM
#61012   It's like knowing someone is going to rob Goldenadder 09/17/19 12:58:34 AM
#61011   Bant Reverse Split and related amendment to the Certificate Bicell 09/16/19 08:17:37 PM
#61010   Bant I understand it will happen 5pm eastern time... Bicell 09/16/19 03:48:13 PM
#61009   What happened to the reverse split? Bang1 09/16/19 03:43:06 PM
#61008   BOTTOM FEEDERS THE LOG 09/16/19 12:40:07 PM
#61007   smh.. just here waiting for this Damn split BullsNation21 09/16/19 11:17:48 AM
#61006   Reverse stock split is effective September 16. 1:1,000 Hereitcomes 09/14/19 12:24:37 PM
#61005   That's been my plan. getsmarter82 09/12/19 06:18:43 PM
#61004   Management did not pump this alone... there were Stock_Barber 09/12/19 10:18:44 AM
#61003   Beware the pump! reverse split will take place horst 09/12/19 10:02:13 AM
#61002   Nice! Not sure what happened yesterday but looking VeryBeary 09/12/19 08:57:13 AM
#60999   Meh! Just for the hell of it, after Goldenadder 09/11/19 01:01:17 PM
#60998   Just another warning, BEWARE SOME TWITTER PUMP OF horst 09/11/19 09:20:52 AM
#60997   You and me both - I got into horst 09/11/19 09:20:01 AM
#60996   I was happy I was able to get VeryBeary 09/11/19 09:11:29 AM
#60995   They never do... Stock_Barber 09/10/19 09:31:56 PM