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Let's see what happens next
morning BANT'ers
$BANT drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html
BANT is a share selling scam that pretends to have an actual "business" filling DOD orders for things like lugnuts. And their business has fallen off a cliff!
And any order they do fill is done below cost... hence the need to endlessly dump shares!
Would they be a beneficiary of a war? Very unlikely!
If our country goes to War before November 2022 would this company have a product to sell or would they get any contracts with the DOD. Opinions are all I'm looking for and Thanks in advance.
Oh, but the R/S will allow paid awareness to tout the awesome share structure and lure in the next round of bagholders!
Well, I think we all know this much, that unfortunately, it's enough for Bannon to warrant a reverse split. Good companies only do these kinds of splits, after letting their share holders know the intention. Not to spring it on shareholders multiple time, to see nothing more than their stock price diminish, and their loses chalked up for experience, and a tax write off. This is a business ploy for this company. People see it now.
3.7B shares isn't a lot in terms of size for a run... I've seen bigger share structures run. Let's see what $BANT/HOWCO can deliver next.
TD Ameritrade shows 3.7 Billion Outstanding Shares. There is only one way to get the share count down, and Bannon is an expert on Reverse Splits...I see worsening problems on the horizon for the Common Shareholder.....
Not if Bannon keep up his daily share printing and dumping...
Good morning $BANT... Can the 4s hold?
.0004 He's going to take it right down to nothing, while still giving us these wonderful PR's......
$BANT 5s still going, albeit slowly...
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
Definitely HUGE potential...
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
$BANT 5s increasing on the ASK...
BANT doesn't sell drones... they sell DREAMS... and SHARES!
BANT 6s hit this morning
There is high earnings growth potential in the BANT plan to market attack-drones for national defense applications. We have recently seen how effective such devices can be from the news of the war in Ukraine. Clearly this is an up and coming area for military products with a bright future.
Bantec, through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense
LITTLE FALLS, N.J., May 18, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that it is looking into selling the Bantec Hunter and Bantec Hunter Max, loitering munition attack drones, to the U.S. Government.
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
About Bantec
Bantec, Inc, a product and services company, through its subsidiaries and divisions, sells to facility managers, engineers, maintenance managers, purchasing managers and contract officers who work for hospitals, universities, manufacturers, commercial businesses, local and state governments, and the US government. Our difference that matters consists of establishing lifelong customer and supplier friendships, responding immediately to our customers' needs, and providing products and services through a highly technically trained, motivated, and incentivized workforce.
About Howco
Howco Distributing Co., ("Howco"), a wholly-owned subsidiary of Bantec, provides product procurement, distribution, and logistics services to the United States Department of Defense and Defense Logistics Agency.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10-K filed with the U.S. Securities and Exchange Commission.
Contacts:
Michael Bannon
Chairman & CEO
mike@bantecinc.com
https://c212.net/c/img/favicon.png?sn=LN60982&sd=2022-05-18 View original content:https://www.prnewswire.com/news-releases/bantec-through-howco-is-looking-into-the-feasibility-of-selling-attack-drones-directly-to-the-us-department-of-defense-301549876.html
$BANT 6s hit this morning... keeping an eye on the BID and ASK to see what happens next.
BANT holding steady on News this week.
LMAO!
Good one!
Bannon might actually steal your idea!
But Bannon's PR about "investigating" having Howco selling Bantec's totally fictitious never-designed never-manufactured non-existent drones directly to the US government was such a nice attempt to get retail to sponge up more of his diluted shares, which are the only product Bannon has ever manufactured or sold directly.
Mostly I can't wait for the inevitable "Bantec Sanitizing Anti-Monkey Pox Robot (trademark pending)" PR we should be getting by pre-market Monday. That could jack up the price a couple of ticks and facilitate him dumping another couple hundred million shares if volume comes in. I can see it now... "Bantec, a reseller of sanitizing robots we've never sold, is proud to announce that imaginary clinical studies show high hypothetical efficacy of our nonexistent sanitizing robots against monkey pox, covid-19, and other airborne viruses we don't have the capacity to understand. Link to animated hypothetical demonstration video below. CEO Bannon says, 'Here at Bantec, we pride ourselves on being one step ahead of the next global crisis, which we're wholly unable to help with, and for which no one would ever contact us for assistance. We are in talks to potentially investigate the feasibility of modifying our fictional anti-covid robots we never manufactured, owned, or resold (but which appear on our website and press releases) to contend with this new threat of monkey pox. We believe there is every possibility that were we to design, manufacture, and sell such units which don't exist and will never exist, it would translate favorably to our bottom line and generate significant revenue (from all the diluted shares we would dump on PR day)."
Yes, this new 52 week low is quite sad. $BANT had shown progress with HOWCO.
It's a shame....this stock is bleeding out .0004 all time low.....
$BANT holding steady on News this week...needs more eyes on it, with bigger contracts.
$BANT huge news this week: Bantec, through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense. https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
It's certainly possible, only 27M 5s on the $BANT BID now.
HOWCO loses money every day that they are open...
HOWCO is a huge part of the reason for the endless daily dilution...
HOWCO is going to keep $BANT operating...
great news is right BANT
$BANT 7s were going today and now the ASK is stacked with 6s again... anyhow positive movement on News today.
More great $BANT News!
May 18, 2022
Bantec, through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense. https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html
Brace for the share dump!
BANT is making important contributions for national defense with the high tech drone division of the company. This is great to see. Today's news also holds a lot of promise for gaining a lot of new sales and revenue growth to the company.
Bantec, through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense.
LITTLE FALLS, N.J., May 18, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that it is looking into selling the Bantec Hunter and Bantec Hunter Max, loitering munition attack drones, to the U.S. Government.
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
About Bantec
Bantec, Inc, a product and services company, through its subsidiaries and divisions, sells to facility managers, engineers, maintenance managers, purchasing managers and contract officers who work for hospitals, universities, manufacturers, commercial businesses, local and state governments, and the US government. Our difference that matters consists of establishing lifelong customer and supplier friendships, responding immediately to our customers' needs, and providing products and services through a highly technically trained, motivated, and incentivized workforce.
About Howco
Howco Distributing Co., ("Howco"), a wholly-owned subsidiary of Bantec, provides product procurement, distribution, and logistics services to the United States Department of Defense and Defense Logistics Agency.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10-K filed with the U.S. Securities and Exchange Commission.
Contacts:
Michael Bannon
Chairman & CEO
mike@bantecinc.com
https://c212.net/c/img/favicon.png?sn=LN60982&sd=2022-05-18 View original content:https://www.prnewswire.com/news-releases/bantec-through-howco-is-looking-into-the-feasibility-of-selling-attack-drones-directly-to-the-us-department-of-defense-301549876.html
I'm looking into a Ferrari, but it's not going to happen. Somehow, I can't visualize seeing DroneUSA mentioned on CNN....Might be good for Trump however. He wants to bomb Mexico.....
The only thing BANT sells profitably is shares...
sell our product to the U.S. Department of Defense.
LITTLE FALLS, N.J., May 18, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the"Company"), Bantec, Inc., a product and services company, announces that it is looking into selling the Bantec Hunter and Bantec Hunter Max, loitering munition attack drones, to the U.S. Government.
Michael Bannon, Bantec's Chairman and CEO stated: "For the first time we are looking to have Howco sell our product to the U.S. Department of Defense. This will add a new revenue stream to Howco's existing business of acting as a middleman for government sales. We engaged with a drone development company, a NATO company, to investigate the costs and logistics involved in manufacturing battery and fuel operating drones that will deliver explosive devices to eliminate enemy combatants and armed military vehicles. The drones will likely be called the Bantec Hunter and Bantec Hunter Max. Both, when developed, will be able to be used for surveillance and reconnaissance or a one-time kamikaze style mission. We are also investigating the permits and licenses necessary for Howco to enter this market. In light of the current political climate, we believe this has the potential of generating additional sales for Howco in 2022 and beyond."
About Bantec
Bantec $BANT , through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense. https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$BANT NEWS! Bantec, through Howco, is looking into the feasibility of selling attack drones directly to the US Department of Defense. https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
"REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ... Bantek, Inc. filed a change of name to Bantec, Inc. and to effect a REVERSE STOCK SPLIT."
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What would be a good name for Mr. Bannon to change his company to next?
We know the 4TH ROUND IS COMING..........
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Come On Now....Let's call a Spade a Spade. No reason to delete the Financials.
https://fintel.io/doc/sec-bantec-inc-1704795-10q-2022-may-16-19128-5726
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Great post! Plus1!
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