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Defense Technologies International Corp. (DTII)

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Last Post: 7/20/2017 9:32:07 PM - Followers: 189 - Board type: Free - Posts Today: 0

DEFENSE TECNHNOLOGIES INTERNATIONAL CORPORATION

   SYMBOL: DTII   

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The Company: 

Defense Technologies International brings products to market in the areas of personal and collateral protection by creating technology that is unique in design and operation. The company currently has two products in development that will change the face of their respective industries. The company's primary product has application in addressing the serious issue of school security and safety.
 
How safe are your schools and universities? Over the last five years there has been a marked increase in violent crime at elementary and secondary schools and universities. The National Crime Victimization Survey reported “students ages 12-18 were victims of about 1.5 million nonfatal crimes while they were at school.” According to the National Center for Education Statistics, from 2006-2008, there were nearly 2,000 homicides, 1,500 suicides and 50 violent deaths of children ages 5-18 at schools. These statistics come from reported incidents; there are any number of crimes that go unreported. Defense Technology Corporation’s
Offender Alert Passive Scan can positively impact these numbers. The Offender Alert Passive Scan can give students, teachers and staff members a safer, more secure learning environment. The Offender Alert Passive scan also has applications in terms of venue security where large public crowds gather, such as nightclubs, convention halls, sports arenas, among other venues.

 

The Product:


The DTII Offender Alert Passive Scan (US Patent: US7408461) is a portable scanning security device that uses the Earth’s magnetic fields to detect potential security threats. The Offender Alert Passive Scan is the only product of its kind that uses passive scanning.
 
Traditional detectors use X-ray (radiation) imaging - the same type of technology that can have harmful effects after prolonged exposure; the Offender Alert Passive Scan eliminates any exposure to students. When students step through the Offender Alert Passive Scan, sensors embedded within the aluminum frame alert security personnel to the level of threat with color-coded LED lights and an audible buzz.
 
The Offender Alert Passive Scan also can link with a computer to give an instant view, using numbers or colors, of the threat area, which can then be transmitted to a handheld device for ease of use, threat tracking and neutralizing. The Offender Alert Passive Scan can be set to specific levels of detection, giving the school the ability to “ignore” cell phones and Mp3 players, but still detect more serious threats. The unit can scan one student in 1.2 seconds or 300 in 10 minutes.

 
The People:


1. Mr. Merrill Moses: President, CEO and Director
a.
Past President/CEO of InterContinental Oil and Gas, a National Oil & Gas Concern in 5 western States with 640 Oil and Gas wells and billions of dollars in reserves for over a decade.
b. One of
the Originators in the 1970's of the National Franchise; Jiffy Lube.
c. Founder of Solana Beach Escrow which successfully operated for over 10 years handling billions of client's dollars without a single dollar lost. 

d. Served as President George W. Bush's Honorary Chairman of the "House Majority Trust'.
 
2. Mr. Charles Cortland "Cort" Hooper: Director

a. Mr. Hooper as a missile guidance engineer lead a team designing and building missile guidance systems for the U.S. Army ground to air combat installations and the Hawk and Nike missiles. He has a distinguished career as an officer in the U.S. Navy during the Viet Nam war, received the Gold Medal from the American Society of Military Engineers, and many other distinctions. 

Mr. Hooper was the owner of 'Organizational Diagnostics Associates' in San Diego, California, a private financial and business consulting firm to Fortune 500 and local companies, pioneering the development of business, financial and legal software systems.
 
3. Frank Thorwald: Advisory Committee 

 
a. Mr. Frank
Thorwald has extensive professional experience in the minerals and the protection technology sectors and in government. He has served as Special Assistant and Acting National Security Advisor to U.S. Attorney Generals, as senior advisor to the Attorney General's Task Force on Family Violence and Protecting Our Children, and as Director of Public Affairs for the President's Task Force on Victims of Crime. 

b. He has also served as an advisor to the U.S. Deputy Secretary of Defense and as Acting Deputy Assistant Secretary and Executive Assistant Secretary for Civil Rights of the U.S. Department of Education.
c. Active in public service, Mr. Thorwald serves as Commissioner of the Arizona Oil and Gas Conservation Commission, is a former commissioner of the Arizona Commerce and Economic Development Commission and former Chairman of the Arizona Employers Advisory Council state board. He was also a part member of the Arizona Governor's Council on Workforce Policy. 
 
4. Stephen M. Studdert: Advisory Committee
 
a. Stephen Mark Studdert (born 1948) served on the White House staff as Advisor to United States Presidents George Bush, Ronald Reagan, and Gerald Ford.
b. Studdert has represented U.S. Presidents in diplomatic assignments to over one hundred nations. Between 1983 and 1987 he served on the President's Export Council, the Export Advisory Now Council and the Foreign Trade Practices and Negotiations Subcommittee. He was a United States Delegate to the United Nations Energy Conference in Africa and to the 40th anniversary NATO Summit. He has been extensively involved in post-conflict reconstruction efforts in Iraq and Kurdistan since 2005. Since 2016 he serves as a senior advisor to the World Energy Forum.
e. He
directed the 1989 Presidential inauguration of George H. W. Bush, having previously served as an Advisor to the 1981 and 1985 Presidential inaugurations of Ronald Reagan. He provided counsel to the 2001 and 2005 Presidential inaugurations of George W. Bush. In 1992, during the Clinton Administration, he was appointed a Federal Home Loan Banks Director in Seattle.


The Market Size:

The market for schools in the USA is over 250,000. If the Company secures 10 percent of the education market, then revenues would be 25,000 x $2,995 USD = $74,875,000 USD or $62,375,000 Gross Profit for DTIII. An achievable goal over the next 5 years.

Note: this does not take into account for schools in other countries around the world, nor the many other venues of public assembly like government buildings and sports arenas.
Source: 
http://nebula.wsimg.com/fbfd2585c794d38f5e732a4d4c393d95?AccessKeyId=F7205B59A244F1B3EF10&disposition=0&alloworigin=1


Recent News & Company Events (Past Year Highlights):

1. August 30, 2016: Demonstration and Proof of the Offender Alert Passive Scan at the Department of Homeland Security:

On August 30, 2016, the original DTII prototype was
successfully demonstrated and proven at the Science and Technology Offices of Homeland Security in Washington DC’s Offices. John Richardson, a retired Airline Pilot, arranged last fall for DTC to demonstrate its former Prototype to Science and Technology at the Homeland Securities Offices in Washington DC.

Mr. Richardson said: “The Metal Detector (Passive Scan) was demonstrated at the DHS Washington DC Office in the presence of the Deputy Secretary of Science and Technology Mr. A. Trent DePersia and a group of workers. Each worker was instructed to bring some concealed object to test the detector unit that was set up in the office. Not a single person was able to pass through the detector without triggering the alarm. Everyone present was very impressed."

He continued, “With the new patents added to the device, I am sure that it will be even better and I am pleased that DTC is succeeding. This device is a must especially for schools as well as other venues of assembly. It will trigger an alert for any metal object such as guns, knives etc. I believe that our country and the world need the DTC Scanner device which will save many lives and give especially parents peace of mind while their children attend school.I am completely a neutral party and have never been paid by the Company concerning anything with Defense Technologies and my statement is factual and unbiased,” Mr. Richardson concluded.

Source: https://globenewswire.com/news-release/2016/08/30/868013/0/en/Defense-Technologies-Completes-Assembly-of-New-Passive-Scan.html 

 


 

2. Released March 27, 2017: Reduced Liabilities and Increased Capital 

Defense Technologies International Announces Reduction in Debt Las Vegas NV Defense Technologies International Corp. (OTCQB DTII) (The Company), a developer of security technologies announced today it has reduced its corporate debt by almost a half million dollars.  

As reflected in the companys latest quarterly SEC Filing, Defense Technologies International Corp. has
reduced its liabilities by $436,773 and increased its capital by $920,420 during the months of November 2016 to January 31, 2017. 

Defense Technologies remains committed to reducing liabilities and starting production of its Non-X-ray Scanner in the very near future. We appreciate and thank all our shareholders for their support, stated Defense Technologies International Corp. CEO Merrill Moses.  

As part of the financial improvements for the Company, three creditors agreed to retire their outstanding claims against Preferred Shares at a conversion rate of One Preferred to Ten Common Restricted Shares. 

In addition, the Company
retired a Convertible Note with a cash payment of $49,377.22. 
Source: http://www.otcmarkets.com/stock/DTII/news/DTII-reduces-debt?id=154218&b=y 

3. Released June 22, 2017: Debt Reduction, Issuance of Preferred Shares, Funding Negotiations

Las Vegas, Nevada--(Newsfile Corp. - June 22, 2017) - Defense Technologies International Corp. (OTCQB: DTII) (The Company), a developer of security technologies announced today it has reduced its corporate debt by $175,182. 

Further to
the Debt Reduction of $500,000 as announced in March, Defense Technologies International Corp. reduced its liabilities by an additional $175,182 during the months of February 2017 to May 31, 2017. 

"Defense Technologies remains committed to starting production of its Non-X-ray Scanner in the very near future. We have
initiated negotiations with a Swiss Corporation, a former Lender and Shareholder, to secure future necessary production funding. We appreciate and thank all our shareholders for their support," stated Defense Technologies International Corp. CEO Merrill Moses.  

The Companys current goal is to raise capital in order to start the production and marketing of its Passive Security Scan Portal for use at schools, universities, and commercial buildings, added Mr. Moses. 
Source: https://www.newsfilecorp.com/release/27575/Defense-Technologies-International-Corp.-continues-its-Debt-Reduction#.WUx3VleRHvk_





Daily Chart

 

 

Weekly Chart

 

 

Important Links


Company Homepage: http://www.defensetechnologiesintl.com/
Company Facebook: https://www.facebook.com/DefenseTechnologiesInternationalCorp/_
Financial Reporting and Security Details: http://www.otcmarkets.com/stock/DTII/profile

Ludlow Research Report 6/22/2016: http://nebula.wsimg.com/fbfd2585c794d38f5e732a4d4c393d95?AccessKeyId=F7205B59A244F1B3EF10&disposition=0&alloworigin=1
Ludlow Research Report Update 6/22/2017: http://www.wallstreetnewscast.com/profile/dtii/

Insider Financial Article 6/29/2017: https://insiderfinancial.com/defense-technologies-international-corp-otcmktsdtii-reduces-its-financial-risk/130333/

Ihubber Key Posts: Facts, Opinions, Rumors, Speculation

 
Sweet Crude on Debt Swap, Note Conversion, and Predicted PPS: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132594845
Diggnun21 on Funding Negotiations: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132565528
Diggnun21 on Market Size: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132574303
xyz1002 on Preferred Shares Conversion Floor and Predicted PPS: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132473992
ESTATE_GURU Rumor on Possible Contracts: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=129602639


Share Structure


Authorized Shares: 200,000,000 a/o Mar 15, 2017
Outstanding Shares: 191,405,645 a/o Apr 17, 2017
Float: 169,853,971 a/o Apr 17, 2017
DTII
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#10050  Sticky Note Authorized Shares New Developments per Ludlow Research 7/9/2017: Diggnun21 07/13/17 10:23:07 AM
#9972  Sticky Note **** DTII DD Packet **** Diggnun21 07/11/17 09:50:10 AM
#9951  Sticky Note Debt Settlement Floor Set at .01 (read) sweet crude 07/10/17 10:28:56 AM
#9507  Sticky Note SCAM!!!!!!!!! Zero revenues quarter over quarter over quar brojazzy 06/26/17 03:04:41 PM
#10175   Agreed, she's super thin! DTII Elcappy1 07/20/17 09:32:07 PM
#10174   That was interesting. Walls are small (I believe Diggnun21 07/20/17 08:32:55 PM
#10173   I'm up 297% on another stock. But I 0cash 07/20/17 07:43:36 PM
#10172   Agreed, little sad when you see anything on harby58 07/20/17 06:50:28 PM
#10171   DTII is turning into a no brainer. The Diggnun21 07/20/17 06:28:36 PM
#10170   Awesome screen name ;) $ DTII baja863 07/20/17 02:55:15 PM
#10169   I just have one of those weird feelings DTII4THEWIN 07/20/17 02:43:40 PM
#10168   Good job. Scared off the Large Ask at harby58 07/20/17 02:30:04 PM
#10167   I bought some more don't like seeing it DTII4THEWIN 07/20/17 02:19:11 PM
#10166   Buy em up baja harby58 07/20/17 01:07:17 PM
#10165   Whoever is selling is running out pf shares $DTII baja863 07/20/17 12:16:46 PM
#10164   DTII Chart: Bollinger Bands Narrowing on the Daily Diggnun21 07/20/17 12:12:34 PM
#10163   Agreed. Breakout of this channel soon. DTII Chart Hourly Diggnun21 07/20/17 10:59:28 AM
#10162   765,000 shares to .01 haha. Will go hard harby58 07/20/17 10:56:02 AM
#10161   .0035 wall moved to .0034, someone just take harby58 07/20/17 10:00:04 AM
#10160   yes DTII is undervalued... GidDy uP DTII... The GidDy uP Kid 07/20/17 09:34:15 AM
#10159   $DTII Debt Reduction and Capital Increase Diggnun21 07/20/17 09:12:17 AM
#10158   There you go. .0035, take him out. harby58 07/19/17 02:44:31 PM
#10157   The CDEL ASK may be the last road harby58 07/19/17 12:34:37 PM
#10156   Unfortunately not until we hear from the company makingwaves 07/19/17 11:54:32 AM
#10155   Ludlow Research Values DTII at $20-25 Million Market Cap Diggnun21 07/19/17 11:52:42 AM
#10154   Could get a healthy amount at .0036 harby58 07/19/17 10:48:39 AM
#10153   I need those weak hands!! scroogemcduck75 07/19/17 10:48:12 AM
#10152   Still a few weak people out there where harby58 07/19/17 10:27:11 AM
#10151   $DTII Ask thinning. Bids growing. .004s fall and Diggnun21 07/19/17 10:23:28 AM
#10150   Ya. I'm one of them I guess. Slap harby58 07/19/17 10:10:33 AM
#10149   Hard to buy cheap when people holdin onto scroogemcduck75 07/19/17 10:09:36 AM
#10148   Might as well get them now if you harby58 07/19/17 10:05:24 AM
#10147   Want a few more million shares before the scroogemcduck75 07/19/17 09:58:19 AM
#10146   $DTII Chart Hourly Diggnun21 07/19/17 09:57:02 AM
#10145   Could run this up to .01 very easily. harby58 07/19/17 09:45:54 AM
#10144   Disruptive Innovation: The DTII Offender Alert Passive Scan Diggnun21 07/19/17 09:11:11 AM
#10143   Super thin here! DTII Elcappy1 07/19/17 03:47:07 AM
#10142   1500 shares at .00355... lol k harby58 07/18/17 02:55:29 PM
#10141   DTII Current Market Cap and Revenue Potential Diggnun21 07/18/17 01:52:02 PM
#10140   $DTII 32/40 2Million+ Bidding 3-32 L2 Thin Diggnun21 07/18/17 01:33:54 PM
#10139   CDEL moved to .0049 $DTII Thin L2 Diggnun21 07/18/17 12:41:16 PM
#10138   Agreed. 004s up $DTII Diggnun21 07/18/17 12:36:53 PM
#10137   As they should:) harby58 07/18/17 12:34:16 PM
#10136   0035s fell quick $DTII Diggnun21 07/18/17 12:31:37 PM
#10135   From the looks of it, the 0035 ask Diggnun21 07/18/17 11:42:25 AM
#10134   Ya that was cool. Nite on the Bid harby58 07/18/17 11:39:06 AM
#10133   L2 Shift Nice! $DTII Diggnun21 07/18/17 11:38:21 AM
#10132   One trader wants out. Dropped from .0035 to harby58 07/18/17 11:34:28 AM
#10131   Ya I see that too. Going to be harby58 07/18/17 11:00:11 AM
#10130   $DTII NITE Iceberg Bid...I wonder how big...yesterday bid Diggnun21 07/18/17 10:22:51 AM
#10129   $DTII News of Debt Swap with .01 Floor, Diggnun21 07/18/17 09:10:55 AM
#10128   Slap that ask. Just not with my money!!! Stocker1 07/17/17 10:15:20 PM
#10127   Keep trying though Stocker1 07/17/17 10:13:59 PM
#10126   LOL. Just proves my point Stocker1 07/17/17 10:13:40 PM
PostSubject