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BANT management has already demonstrated that the company can win drone contracts to first responder customers with repeat orders as detailed in the recent news below. These are the most demanding types of customers who would never be buying products from a source that was now high quality and very dependable. The new BANT plans to market attack drones for national defense applications is a natural follow through to the company's established drone sales programs.
$BANT Purchase Orders for Drone Parts from Repeat Customers
May 3, 2022
Little Falls, N.J., May 3, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), Bantec, Inc., a product and services company, announces that its subsidiary Drone USA received purchase orders to supply drone parts to repeat customers.
Michael Bannon, Bantec's Chairman and CEO stated: "We see police and fire departments starting to embrace and add drone technology to their crime fighting arsenals. Three years ago, I presented the idea of adding drone technology to a group of police chiefs. Most were not interested. This reluctant sentiment is beginning to dissipate. Drones add efficiency and make dangerous situations safer. Typically, we see departments with one or two technically savvy individuals having some drone knowledge and experience. Their higher ups are allowing these individuals to setup and run drone programs. Many have reached out to us for guidance. As the police and fire drone market grows, we believe creating a drone franchise makes good business sense and will increase revenue in 2022 and beyond.
About Drone USA
Drone USA offers full-service drone consulting, from helping you purchase the right UAVs and accessories, to getting you trained, practiced, and licensed. Whether you're a private security team, police force, or government department, our huge selection of drone technology and training programs will ensure that your team flies smarter, safer, and with the precision of seasoned drone pilots.
Drone USA: http://www.droneusainc.com
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.
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
View original content:https://www.prnewswire.com/news-releases/bantecs-drone-usa-receives-purchase-orders-for-drone-parts-from-repeat-customers-301538087.html
"moving up come Aug."
So that is when the reverse split is?
.
If so, it's a good opportunity to load cheaper $BANT shares on the BID as people get impatient.
moving up come Aug. +
Rather... Hold steady while we wait the the R/S announcement....
.
$BANT trading 4s and 5s every day... holding steady while we wait for updates.
I've been lurking on these boards for YEARS and came here to say just that...few have any idea how LONG it takes to contract with the US government, and how HARD and EXPENSIVE the process is. The press release is a pipe dream.
Now...I don't feel bad for anyone believing it and putting money into this scam because all the information is PUBLIC!!! Sales are DOWN!! Reverse splits, toxic debt, and stock dilution RAMPANT!! Bannon is paying himself $600K+ per year!!! He's loaning the company money and paying himself back at 10%+ INTEREST!! He's suing people and LOSING!! He's getting sued and LOSING!!
And you think BANT with ZERO OPERATIONS is going to market and sell an ATTACK DRONE to the US government???
If you believe that I have a bridge to sell you...
-From Germany with love
Looking forward to seeing that $BANT volume
Looking forward to seeing that $BANT volume and at the moment, even with low volume the 4s BID is holding up.
See below Article.......BANT has zero chance of selling Drones to the Military....
Four companies dominate the military drone market*
By Michael Peck
Apr 16, 2022
INDIAN SPRINGS, NV - APRIL 6: Members of the United States Air Force perform a pre-flight check on an MQ-1B Predator unmanned aircraft system April 6, 2019 at Creech Air Force Base in Indian Springs, Nevada. The United States Air Force currently has 116 of the aircraft in its UAS (Unmanned Aircraft System) fleet with 31 of them airborne at any given moment, flying combat air patrols over Iraq and Afghanistan. After being launched overseas, the Predators are flown by pilots and sensor operators from ground control stations at Creech and four Air National Guard units in the Unites States. In addition to carrying two laser-guided Hellfire missiles, the Predators have cameras that provide full-motion video that is in high demand for use in intelligence, surveillance and reconnaissance. The demand for the aircraft was highlighted in February when the Air Force reached the milestone of 500,000 flying hours for the Predator. It took 12 years to reach 250,000 flying hours and only about two years to double it. It is expected that the Air Force will reach one million flying hours in less than three years. (Photo by Ethan Miller/Getty Images)
Four companies dominate the U.S. military UAV market, according to a study by market research firm Govini.
General Atomics, Northrop Grumman, Textron and Boeing account for 66 percent of the $9 billion market, the study found. The General Atomics MQ-9 Reaper alone accounted for more than a quarter of the market.
"General Atomics is the top vendor that owns more than a third of the Defense market at more than $4 billion," Govini said. "Northrop Grumman is a distant second with less than half of that capture. Combined, these top two vendors account for more than 50 percent of the UAS market. Textron owns 10 percent of the market, while Boeing rounds out the top four with seven percent."
"Since the Air Force has more sophisticated mission requirements, it has the least competition, averaging 10 offers per award and an average deal size of $1.9 million," according to the study. "The Army is more competitive with an average of 15 offers and, when defined by average deal size, is also the most lucrative customer with an average deal size of $2.1 million. The Navy is the most competitive with an average of 31 offers received on an average deal size of $781,000."
volume will come
$BANT 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.
https://finance.yahoo.com/news/bantec-howco-looking-feasibility-selling-123000342.html
$BANT Strong buy @barchart https://www.barchart.com/stocks/quotes/BANT/opinion
Needs more volume... $BANT
Either people have a short memory, or just don't know or care, but this CEO is a bad man. He took a company in the Black at .04 a share down to nothing. The slide has been going on since 2020, and has not let up, to surprise a good many people that lost literally thousands of dollars believing in this company. This man is solely out for himself, and could give 2 $hits about anyone else, but him and his cronies.
After the reverse split maybe...
If Howco can add more contracts, $BANT could turn things around a bit.
Got to like the multiple divisions of BANT, each one focused on a business area that is of increasing importance today. The news from the company is 2022 is also showing us that these divisions are making good progress in delivering real world orders and repeat orders.
HOWCO DISTRIBUTING
The company was established in 1990 with the mission of being a leading and respected provider of construction, transportation, mining, and heavy equipment spare and replacement parts to customers worldwide. Howco's services encompass bid solicitation, contract management, packaging, and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions.
DRONE USA
Drone USA helps customers with the drone selection process, making sure the technology and accessories are the perfect fit, tailored to their specific needs. To ensure the process of implementing drone technology goes smoothly, Drone USA offers Drone Training and Drone Pilot Services for their customers. The company also offers tailored products such as Search & Rescue Drones, Counter Drone Technology, and Military and Police Robots.
BANTEC ONLINE STORE
We sell sanitizing products and robots to help combat Covid-19.
Bantec Sanitizing, a division of Bantec, provides a variety of products and services to help facility managers, safety professionals, and maintenance personnel combat a multitude of airborne and surface hazards. On February 3, 2021, Bantec announced that it will offer Bantec Sanitizing (Exposure Response Mobile Service) as a Franchise. Future Bantec Sanitizing franchisees will offer Bantec Sanitizing supplies, robots, UV lights, drone sanitizing, spraying, and deep cleaning services. The world, as we knew it, changed with Covid-19; the way we view sanitizing and deep cleaning will never be the same.
SOURCE:
http://www.bantecinc.com/what-we-do
Almost 17M... At the BID. $BANT
$BANT 4s still holding up from last week...
Good to know BANT
$BANT 4s BID approaching the same size as the ASK.
Have they announced the next R/S date yet?
Good morning $BANT! 4s BID is building again... hopefully we don't see anymore 3s.
moving up soon BANT
I have filled it out as well.
Thanks for the background on the grandfathering!
Rotten is an understatement! Bannon has no interest in actually running a business that does anything but use paid awareness to sell shares based on bogus PR's...
If anyone is surprised, it's me....filled out the Whistler Blower form as accurate as I could. One of the reasons I did find out why they have been so successful in being a parasite, is due to grandfathering in on certain declarations. In the 70's, SEC rules for the OTC was much more relaxed, and don't have to report certain aspects of their businesses. There is much I have found out in the last year. All too late of course. I can assure you this....something is rotten in Denmark......
$BANT trading 4.7x its 10-day average volume heading into the last 30 minutes of the day... UP 25%. 4s getting accumulated.
Nice Job on the Permanent Display. Gotta tell it like it is. Bannon should be having quite a nice Holiday this long weekend. Bag Holder City here.
Might be able to get $BANT 0.0001s before the because we have a new 52 week low today. 0.0004s are building again but let's see if it holds.
$BANT 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
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.
Good morning! $BANT 4s are falling and 5s are increasing.
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.
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