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Nice close. Countdown for Saudi product demonstration.
Yes big things ahead, like hitting $0.01.
Big things ahead ! Name change / finalization merger / Saudi Arabia deal could be worth $300mil + and many other catalyst ! https://www.otcmarkets.com/filing/html?id=17630715&guid=5DO-kFFsGWMcLhh
Heck no, I only trade with dated catalysts. You have no date for announcement here, its just guessing.
Back at $0.0278. You in this one? Looks good after that sell off. We just need to wait patiently till the announcement how the product demonstration went.
Just impatient retail, looks better today.
Maybe people expected a PR in the third week, not everyone might be aware they are in Saudi Arabia until second week of August.
They have been there for a week.
Maybe today's price action means it's not going well?
Huge dump today, while company is in Saudi Arabia for product demonstration.
Yes, I know, but those are the figures from the "old" BLIS with wreck salvage. But I'm looking for NAPC's past financial data, which is already supposed to be profitable.
This is the latest 10-Q
https://www.otcmarkets.com/filing/html?id=17394526&guid=32O-kKRj3vjKJth
And this is an important 8-K released 06/20 notifying a partnership with Silver Shadow from Israel:
https://www.otcmarkets.com/filing/html?id=17630715&guid=32O-kKRj3vjKJth
Yeah one report said they have a backlog in revenue for $5,000,000. If the Saudi deal for CornerShot goes through, add another $70M for the next ten years.
I'm doing my DD now and have a question:
One report said that NAPC is already profitable. Does anyone know what the latest financial data looks like?
Thanks for a positive answer.
Saudi deal is happening as we speak!!! Check previous post.
I send an email to IR what about the Saudi deal, I got a reply:
“It is on schedule, everything is going according to plans.”
Congrats with FCCN, hope to see a similar parabolic move with BLIS!
NAPC will update the status of its corporate actions, weapons development, and shows in future releases.
>> 38th Annual NJ Police Security Expo. in Atlantic City, NJ – June 24th – 26th (Booth #1037).
The projections for Corner Shot USA are impressive strong interest from domestic agencies generated from its presence at the 2024 Shot Shell Show, held this past January in Las Vegas. NAPC plans to have space at four more shows in 2024 primarily focused on domestic police department and SWAT teams.
This article is very interesting: https://www.israeldefense.co.il/en/node/46181
Apparently the Chinese Army is using a domestic-made variant of the Cornershot. A rip-off.
In Israel, the kit is used by elite and other units of the IDF (Israelian Army), special units of the Border Police, and the Anti-Terror Combat Academy
The kit was also sold to the British Ministry of Defense. In 2016 it was reported that the kit was being used by Myanmar's special forces, and in May 2020 it was reported that the kit had also been sold to the Philippine Border Guard.
Cornershots being assembled in Israel ~ Silver Shadow. Soon to be manufactured by BLIS in the U.S.A.
h ttps://m.youtube.com/watch?time_continue=158&v=_HwZwo0wln0&embeds_referring_euri=https%3A%2F%2Fwww.silvertec.co.il%2F&source_ve_path=MTM5MTE3LDM2OTI1LDI4NjY2&feature=emb_logo
The Cornershot is in use since 2003 up until present days. Forces from around the world use it: most of Asia, USA, East-Europe, Latin-America, …
Source? Vid from YouTube. Factory visit at Silver Shadow.
h ttps://m.youtube.com/watch?si=NLWolKgNyHsz3uAh&v=_hPILKCkzio&feature=youtu.be
BLIS works together with Silver Shadow. It’s an Israelian defense company. Check their clients: https://www.silvertec.co.il/en/clients/
Silver Shadow works together with the BIGGEST Israelian military defense companies: IWI, Elbit Systems, IAI (Israel Aerospace Industries).
BLIS has the rights to manufacture one of Silver Shadow’s weapon systems: the Cornershot. A pending deal with the Ministery of Defense Saudia Arabia to be closed early July ‘24.
Check out this video:
BLIS / NAPC works with Silver Shadow, has the rights to sell the Cornershot in U.S.A. and Saudi Arabia.
Silver Shadow works with IWI, IWI has a partnership in India:
IWI owns several factories overseas, for the manufacture of weapons for local markets. In India, IWI is establishing a joint-manufacturing center with Punj Lloyd with IWI owning 49% of the plant, and Punj Lloyd owning 51% of the plant), which will be India's first privately-owned small-arms manufacturing plant. The factory will manufacture firearms for the Indian army.IWI said in 2017, that it expects tenders with the Indi
an army in the region of $200–300 million.
BLIS has a pending deal with Saudia Arabia, for a similar $200-300 million in sales
>> NAPC’s Corner Shot USA receives signed and stamped LOI for initial 37,000-unit order, equivalent to $370 million in revenue, from a leading Saudi Arabian supply chain and manufacturing provider.
*** with a net profit margin of at least 20% to NAPC
The Company acquired the rights to the matters set forth in the acquisition agreement, for the CornerShot sales and production rights from Native American Pride Constructors, for sales and production in the United States
>> the ability and agreements to produce the CornerShot domestically in the United States which includes a current plastics manufacturer relationship and metals production relationship, both to be contracted, for such units of the CornerShot to be produced for all contracts to be achieved.
CornerShot rights for sale, domestically and through Saudi Arabia as existing with Silver Shadow of Israel, including the LOI for the CornerShot sale for Saudi Arabia from the Ministry of Defense, which is expected, for an expected order and contract for some 37,000 units of the CornerShot firearms and tactical units to Saudi Arabia as held by Native American Pride for the Silver Shadow of Israel, amount owed for Saudi Arabian payments.
BLIS works together with Silver Shadow. It’s an Israelian defense company. Check their clients: https://www.silvertec.co.il/en/clients/
We have worked with a wide range of clients, from the Ministry of Defense, the largest organizations in the country.
Yes, the BLIS 8K filing today has lots of information on all that is coming together here.
Everyone should review. Here is a direct link:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174630609
You still in?
Have you seen the 8-K?
8-K released! BLIS works together with this Israelian company: https://silver-shadow.com
Saudi deal for the cornershot, 37K units, should push this easily to a dime.
Nice to have you here! This is way under the radar.
I am following BLIS closely. Clearly there is building interest here with the bids that come in daily. Every time there is a seller his shares are easily absorbed by those who are accumulating. With the latest news we have seen BLIS looks like it has very high prospects for the long term investor.
Top has been reached, going lower now jmo.
$BLIS .041 +20.59% NAPC Defense, Inc. (OTCPK: BLIS) Website is NAPCDefense.com https://finance.yahoo.com/news/company-name-change-napc-defense-120500381.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$BLIS Strong close .034 +5.59% on .5 million volume today.
Very nice volume and price action the past few days... $BLIS
Going to get a BID in... $BLIS
Will keep my eyes open for this... $BLIS
Nice to see an update and a new direction.
$BLIS
$BLIS Looking for that buying volume.
$BLIS yeah watching for that. OTC picking up.
Another dip to $0.026 - $0.028, jmo.
Volume creeps in here every once in a while. It's been a slow and steady rise. I'll take that. Keep it going into and through June when news/orders come to fruition.
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Our team has 100+ years’ experience in the defense industry & international arms deals and would be honored to be a part of your supplier base and provide you with rapid delivery and unmatched service. NAPC, established in 2015, is a stable, profitable entity focused primarily in government contracts with existing licenses that allow it to bid and win contracts in the Defense, Munitions, and Construction industry. Another NAPC area of expertise is brokering of munitions and military hardware already produced and in inventory at various locations worldwide, NAPC is brokering multiple munitions and military hardware items that are of interest to Allied and NATO forces in the Ukraine and the Middle East, which also require U.S. State Department approval. The inventory of these items is constantly changing.
The Corner Shot system consists of a two-section articulating platform.
The forward section, housing the assault weapon, camera and other tactical devices the camera can be used as a scope.
The rear frame, containing the display screen and all of the operating controls of the weapon and other devices.
The Corner Shot system was designed and built around the standard rifle configuration to enable familiar operations with standard firearms handling and combat drills.
The Corner Shot enables military, law enforcement and security operators to effectively observe and accurately engage targets from around the corner or behind cover without exposing part of the operators body.
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