Home > Boards > US OTC > Mining/Resources >

Bantek Inc. (BANT)

Add BANT Price Alert      Hide Sticky   Hide Intro
Moderator: Drugdoctor, Stock_Barber, #1 PATRIOTS_RSOX FAN, PIGEON RIVER PROSPECTIN,TN, StockStarGucci, horst
Search This Board: 
Last Post: 3/22/2019 11:57:51 PM - Followers: 475 - 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


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."  

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#60019  Sticky Note This S-1 filing is BAD BAD BAD BAD horst 03/02/19 12:49:44 PM
#59988  Sticky Note $BANT - S1 filed / about to dilute TheRealMrPirate 03/01/19 02:21:03 PM
#59477  Sticky Note First-and-foremost-we-restructured-our-senior-secured-debt-with-TCA-Global-Credit-Master-Fund, L Drugdoctor 02/13/19 02:33:21 AM
#58767  Sticky Note Proxy Statement - Other Information (preliminary) (pre 14c) #1 PATRIOTS_RSOX FAN 02/05/19 08:06:50 AM
#55616  Sticky Note DRUS...News 12/28/2018 1.6 Million Dollars in Contracts. PIGEON RIVER PROSPECTIN,TN 12/28/18 06:01:16 PM
#60304   No question from me—we are friends on LI, uvaphd 03/22/19 11:57:51 PM
#60303   FYI: 600% doesn’t even get us to .005. uvaphd 03/22/19 11:56:35 PM
#60302   key question here they have to dumb to crypto2018 03/22/19 07:31:31 PM
#60301   They don’t have anything to do BANTEK! Just seaybiscuit 03/22/19 06:52:54 PM
#60300   again, how does drones by us have any PD4107 03/22/19 06:22:40 PM
#60299   so what now to the people that didn’t crypto2018 03/22/19 04:12:33 PM
#60298   What was your question to Jeff Garon and captainhook002 03/22/19 11:19:03 AM
#60297   and this means what to bant? PD4107 03/22/19 10:32:58 AM
#60296   $BANT. Cool! Sounds neat. Thanks for sharing. LodieJ 03/22/19 09:47:05 AM
#60295   why is it a conflict of interest ?? crypto2018 03/22/19 12:46:18 AM
#60294   Nice email and technology. After couple billions weesnel 03/21/19 08:25:36 PM
#60293   Ok great! I will definitely will get in weesnel 03/21/19 08:17:13 PM
#60291   Just received this message on LinkedIn from Jeff uvaphd 03/21/19 06:12:35 PM
#60290   big mistake crypto2018 03/21/19 04:19:13 PM
#60289   Nope, sounds like a conflict of interest if Drugdoctor 03/21/19 03:46:36 PM
#60288   Drones by US just launched their web site VeryBeary 03/21/19 03:16:00 PM
#60287   I just sold at a big loss today. Part time job 03/21/19 01:54:18 PM
#60286   we all know this is about to pump crypto2018 03/21/19 12:49:52 PM
#60285   What happened? Thought we were good for a UrbanPenny 03/21/19 12:10:30 PM
#60284   Waiting for those juicy .0001 to load up weesnel 03/21/19 11:34:25 AM
#60283   Said .0003 x .0004 it will happen Chunky Salsa 03/21/19 11:23:04 AM
#60282   Yes... $0.0001 may seem okay...a lot of people may moneym8ker 03/21/19 11:08:36 AM
#60281   Dumping continues Hesmybrother 03/21/19 10:10:17 AM
#60280   That posture is starting to seem a bit uvaphd 03/20/19 09:35:04 PM
#60279   I am looking for a starter here at weesnel 03/20/19 08:23:49 PM
#60278   57 Million shares dumped into .0006 Hesmybrother 03/20/19 02:12:35 PM
#60277   7s getting eaten here. alchemytrader 03/20/19 01:17:44 PM
#60276   The gobbler will soon have indigestion! Stock_Barber 03/20/19 12:49:45 PM
#60275   7s getting gobbled up here!! alchemytrader 03/20/19 12:46:55 PM
#60274   Boom alchemytrader 03/20/19 12:41:37 PM
#60273   HAAAAAAA HAAAAAAAAAAAAA LOL... Seriously; BANTEK tweeted that they are not a sc moneym8ker 03/20/19 12:30:35 PM
#60272   why is bannon so obsessed with nasdaq or crypto2018 03/20/19 11:50:02 AM
#60271   What is happening!? Has anyone else still not Paiidnfull38 03/20/19 11:46:48 AM
#60270   BOTTOM IS IN LMAO!! NOT EVEN CLOSE PD4107 03/20/19 11:40:35 AM
#60269   Nice Volume today on the race back to Hesmybrother 03/20/19 11:38:46 AM
#60268   S1 filing is not good to see... Oliverjack 03/20/19 09:12:58 AM
#60267   $18,000,000 = 2018 Revenues reported. 2019 = $0 Net_Worth_=_1_Penny 03/20/19 03:23:13 AM
#60266   Lock Bannons ass up, tired of these proclaimed UrbanPenny 03/20/19 01:30:22 AM
#60265   Of course not. It's another shell game scam. Huggy Bear 03/19/19 08:03:40 PM
#60264   ..as I stated. "Volume has Disappeared"..smh BullsNation21 03/19/19 03:00:40 PM
#60263   LOL volume what $500 has traded today UrbanPenny 03/19/19 02:41:59 PM
#60262   Bottom in and Accumulation taking place! Volume has BullsNation21 03/19/19 01:11:22 PM
#60260   BANT=BIG CONTRACT NEWS ANY TIME NOW,IT:S GOING TO show me the money 10 03/19/19 09:54:14 AM
#60259   Said this months ago that this pos would PickleNick 03/18/19 07:33:11 PM
#60258   Mr Bannon, Is this ticker done? Wtf is going Estate1 03/18/19 06:44:13 PM
#60257   I don't think so! Too many hanging on! seaybiscuit 03/18/19 03:20:54 PM
#60256   .0003 x .0004 soon Chunky Salsa 03/18/19 01:37:26 PM
#60255   TOTAL manipulation by the MM's this morning to seaybiscuit 03/18/19 10:23:38 AM
#60254   Glad I bought drus and sold months ago dhsmith13 03/18/19 12:13:30 AM
#60253   There's obviously no end to dilution here, and horst 03/17/19 08:02:26 PM