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April 9th - NFORCED Patiot One Newsletter: Volume 12
https://patriot1tech.com/news/nforced-patriot-one-newsletter-volume-12/
April 8th - Patriot Receives Final Approval to Gradute to TSX
https://patriot1tech.com/news/patriot-one-receives-final-approval-to-graduate-to-tsx/
March 29th - Patriot One Partners with Raytheon Canada Limited!!
https://patriot1tech.com/news/patriot-one-partners-with-raytheon-canada-limited/
Patriot One Receives Final Approval to Graduate to TSX
2019-04-08 07:59:48 AM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX-V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), is pleased to announce it has received final approval to graduate its listing from the TSX Venture Exchange (the "TSX-V") to the Toronto Stock Exchange (the "TSX"). The Company's securities will commence trading on the TSX at the open of the market on Tuesday, April 9, 2019. In connection with the TSX listing, the Company's securities will be delisted from the TSX-V prior to the commencement of trading on Tuesday, April 9, 2019.
Upon listing on the TSX, the Company's common shares and outstanding listed warrants will continue to trade under the symbols "PAT", "PAT.WT", "PAT.WT.A", "PAT.WT.B" and "PAT.WT.C".
"The entire team at Patriot One is thrilled to have finalized our graduation to the prestigious TSX main board," expressed Martin Cronin, CEO & President of Patriot One. "Since our launch on the TSX-V in November 2016, we've had several major successes that have contributed to this graduation, as we have shared these past two and a half years.. 2019 is truly shaping up to be a stellar year for the Company and we are honoured to be joining some of Canada's great household name companies on the TSX."
On Behalf of the Board,
"Martin Cronin"
Martin Cronin, Chief Executive Officer
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One Conditionally Approved to Graduate to TSX
2019-03-06 07:59:52 AM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX-V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), is pleased to announce it has received conditional approval to graduate its listing from the TSX Venture Exchange (the "TSX-V") to the TSX.
Final approval of the listing is subject to certain customary conditions which the Company intends to fulfill in the coming weeks. The Company is confident it will be able to satisfy all requirements and will release a statement immediately upon issuance of the TSX Bulletin confirming the date which the shares of Patriot One will be delisted from the TSX-V and commence trading on the TSX. Upon listing on the TSX, the Company's common shares and outstanding listed warrants will continue to trade under the symbols "PAT", "PAT.WT", "PAT.WT.A", "PAT.WT.B" and "PAT.WT.C".
"The entire team at Patriot One is thrilled to have qualified to uplist to the prestigious TSX main board," expressed Martin Cronin, CEO & President of Patriot One. "Since our launch on the TSX-V in November 2016, we've had several major successes that have contributed to this graduation, including the expansion of our PATSCAN threat detection solutions, acquisitions and joint ventures, large corporate partnerships, and the initial rollout of paid client pilots with our threat detection solutions. 2019 is truly shaping up to be a stellar year for the Company and we are honoured to be joining some of Canada's great household name companies on the TSX."
On Behalf of the Board,
"Martin Cronin"
Martin Cronin, Chief Executive Officer
massive news with CISCO....this is going to be a monster!!!
Patriot One Partners with Cisco Systems on Innovation Program
Patriot One Technologies (TSXV:PAT)
Today : Wednesday 24 October 2018
Patriot One Technologies Inc., (TSX.V: PAT) (OTCQX: PTOTF) (FRA: 0PL) (“Patriot One” or the “Company”), developer of the revolutionary PATSCAN concealed weapons detection system, has been invited to partner with Cisco Systems (NASDAQ: CSCO) on its global innovation program. The partnership aims to assist effective commercial deployment of the PATSCAN family of threat detection solutions.
Cisco Systems’ innovation program includes a variety of engagement opportunities. The program will provide co-innovation and co-creation efforts for the integration of Patriot One’s PATSCAN threat detection solutions alongside Cisco security and network solutions, including framework architecture, installation, and data management. The proposed efforts target joint customer presentations leading to planning and implementation of integrated threat detection and security solutions with end-clients. In addition, Patriot One will acquire access to Cisco’s global network, potentially multiplying deployment of its PATSCAN family of threat detection solutions.
“We are very excited to partner with Cisco Systems on its innovation program, as it will accelerate our efforts to bring much needed threat detection solutions to the marketplace,” expressed Martin Cronin, CEO and President of Patriot One. “Our company’s vision is to create a world safer from acts of violence on our global citizens. This partnership will play a key part in our mission to be the foremost proponent and provider of innovative threat detection and counter terrorism solutions and services for public safety.”
Patriot One’s partnership with Cisco is underway. Engineers from both companies have been reviewing the PATSCAN threat detection solutions and evaluating ways to advance framework architecture and data management. In addition, last week, Patriot One engineers joined other Cisco partners to showcase the company’s PATSCAN family of threat detection solutions to Cisco’s largest clients and partners. The Patriot One showcase was part of the annual 2018 Cisco Connect Conference, held at the Toronto Congress Centre. Other programs where Patriot One will present and demonstrate its PATSCAN family of threat solutions to Cisco’s global network and client base include Cisco’s Global Partner Summits, which take place around the world including Las Vegas, Barcelona and Toronto.
As referenced in its mission, Patriot One looks to deliver a layered, multi-sensor approach to threat detection to secure public and private spaces. From the parking lot to inside a building, Patriot One’s goal is to help today’s security personnel Deter, Detect & Defend as required. The partnership with Cisco will directly aid the Company in achieving this mission globally.
About Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL):
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed to covertly identify weapons and to alert security of an active threat entering the premises. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company's motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association's New Product Showcase at ISC West. For information, visit: www.patriot1tech.com
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director, Patriot One Technologies
PAT.V really heating up as we move to blue sky break out with a 3.08 target in sight
Patriot One Technologies Comments on Recent Trading Activity
2018-10-10 02:28:05 PM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), is issuing this press release at the request of the Investment Industry Regulatory Organization of Canada (IIROC) in regard to recent market activity.
Management is not aware of any material change in the Company's business or affairs that would account for the recent share price movement or trading volume of the Company's common shares. The Company has no material information to report at this time.
The Company is presently pursuing a number of acquisition transactions, which transactions are at various stages of development. Any such transaction will be fully disclosed if and at such time as it becomes material information regarding the Company.
ON BEHALF OF THE BOARD
Martin Cronin, President and CEO
Patriot One Technologies Inc.
Been long on PAT.V for a long time...this is a game changer and now we are ready to break its all time high and go blue sky!!
Patriot One Technologies Provides Third Quarter Update
2018-09-24 08:00:33 AM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developers of the award-winning PATSCAN(TM) covert weapon detection system, is pleased to provide the following Q3 2018 corporate update from CEO & President Martin Cronin.
Dear Patriot One Shareholders & Partners,
I am pleased to take this opportunity to report on our ongoing activities and progress, including exciting developments involving complementary multi-sensor technologies to enhance our capabilities and profitability.
Sadly, many of our most significant developments over the past 24 months since we launched Patriot One have been set against a backdrop of ever-increasing active shooter and terrorist assaults targeting people at schools, event venues, churches, tourist attractions, business environments and beyond. Each of these horrific and saddening events serves as a constant reminder of how serious our venture is and drives us to succeed.
Here are our latest highlights in the relentless pursuit of our goal to bring security to people everywhere. In doing so we demonstrate our commitment to establish Patriot One as a competitive force in a global physical security market estimated to be worth $153 billion by 2023.
PATSCAN CMR Achieves Target Antennae Efficiency
I am delighted to advise that our engineering team has achieved its optimization and efficiency targets for the spec-6 antennae system, which now demonstrates consistent results within complex environments including human versus target-threat separation. Our engineering team is continuing to work diligently to refine this important aspect of Patriot One technology as part of our efforts to bring forward market-leading products.
Real-World Insights Reveal New Opportunities
Our numerous conversations with resellers, distributors and end-users has both aided our research efforts and revealed unmet market opportunities to improve and extend the capability of our algorithm-based software platform through the adoption of multiple specialized sensors for threat detection.
Through conversations with our customer base, the concept of a PATSCAN multi-sensor platform approach has taken shape. While many of our investors will see this as a way to capture an even larger market share, our clients will see a multi-sensor approach as a means to further guard their properties without creating fortress-like environments. We see a multi-sensor approach as a win-win opportunity that offers market share growth and improved security through enhanced threat detection.
Thanks to our investments in machine learning, we are now able to consider the assembly of data points from a variety of sources. To that end, we are investigating the integration of a select suite of advanced sensors to extend the power of machine learning across a secure multi-sensor network environment. We firmly believe that this method can help us best serve varying customer requirements, such as a need to address installation costs related to all of a venue's indoor and outdoor architectural and environmental realities. We believe the bottom line is that offering greater protection for the general public will result in greater safety and greater revenues.
Advancing into Sales
Thanks to technological and other advancements we are moving ever closer to commercial launch including through a number of innovation partnership opportunities. We believe our multi-sensor program efforts will both extend the capability of our PATSCAN system significantly and will result in a number of product launches in Q4 2018.
ASIS/GSX LAS Vegas - PATSCAN Showcase Event
On a timely note, key members of our business development and engineering teams will meet industry visitors and guests at the American Society for Industrial Security (ASIS) and Global Security Exchange (GSX) conference at the Las Vegas Convention Center this week from September 24-27. The Company looks forward to showcasing the PATSCAN systems at its Las Vegas Development Centre to clients and partners from North America and abroad.
Valued Partnerships
We are ever grateful to organizations such as the Westgate Las Vegas Resort & Casino, University of North Dakota, several key law enforcement agencies, security professionals and government officials, as well as our partners in the UK and the many representatives of businesses, sports venues, schools districts and places of worship across North America that have provided us with contextual insights, resources and access to facilities that have vastly accelerated our development efforts.
The Importance of Listening
It is my sincere hope that as you read this quarterly update, you will come to the same exciting conclusion that we have - the continuing emergence of single-system threat detection technologies, including those of our competitors, emphasizes the importance of listening to our customers so that we can identify market gaps and continue to develop sector-leading solutions.
As we continue to optimize our flagship PATSCAN CMR product to become the gold-standard in threat detection solutions, our clients are looking to Patriot One for threat detection scalability. Our job is to ensure we build and deliver affordable, robust and effective solutions, while achieving sustainable revenues, and delivering excellent shareholder value. Paying attention to what our customers want helps to ensure that we retain a sector-leading role and achieve our vision to become the foremost proponent and provider of innovative threat detection and counter-terrorism solutions and services for global public safety.
Sincerely,
Martin Cronin, CEO
Patriot One Technologies Inc.
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One enters into conditional agreement in principle for technology funding with International Defence Contractor
2018-08-14 08:30:44 AM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), makers of the award-winning PATSCAN CMR covert weapon detection system, advises that it has reached an agreement in principle with a major international Defence contractor pursuant to which Patriot One will, subject to certain governmental approvals, receive funding for the further development and integration of its PATSCAN CMR technology. The agreement aims to extend the technical development of Patriot One's cognitive microwave radar technology beyond the initial goals of the Company and includes a two stage, several million dollar (final amounts to be determined) non-dilutive funding for the development of the PATSCAN CMR technology with in-kind technical support for additional research and development. Until such time as all required approval is received (presuming it is received) Patriot One is restricted from providing additional details regarding the transaction. Additional information regarding the transaction and related matters will be announced as soon as the pending commercial activities permit full disclosure.
While final contractual review and diligence is underway, Patriot One believes the possibility exists that certain members of the public may become aware of the agreement and choose to speculate on its meaning. As all final approvals have not been received and the matter is subject to certain non-disclosure agreements, the Company is not at liberty to discuss additional particulars at this time. However, as a public issuer it was determined that the obligations of continuous disclosure and communications to investors required a statement of fact at this time. We caution that there is no assurance that a definitive final agreement will be reached shortly, if at all, or that all governmental approvals will be granted, although we are certainly working hard to accomplish this goal.
"We are thrilled to have the possibility of working with a highly-respected, international leader in defence and security technologies. Their interest in potentially providing assistance to help us further develop our PATSCAN CMR solution reinforces the significance of our work to-date. It is also a source of pride that our innovative threat detection technology has captured the serious interest of a major industry player at this early stage of our business development," expressed Martin Cronin, CEO and President of Patriot One.
We will provide updates as they occur and are permitted. On Behalf of the Board,
"Martin Cronin"
Martin Cronin, Chief Executive Officer
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN CMR(TM) the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company's motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association'sNew Product Showcase at ISC West.
For further information, please contact:
Patriot One Inquiries
info@patriot1tech.com
John Martin, Investor Relations
+1 (888) 728-1332
Patriot One Finalizes International Threat Detection Testing Plans with University of North Dakota
2018-06-28 08:00:29 AM ET (GlobeNewswire)
Patriot One Technologies Inc. (TSX-V:PAT) (OTCQX:PTOTF) (FRANKFURT:0PL) ("Patriot One" or the "Company"), makers of the award-winning PATSCAN CMR(TM) (Cognitive Microwave Radar) concealed weapons detection system, is pleased to announce plans to develop international Threat Detection Testing at University of North Dakota (UND) main campus in Grand Forks.
The initiative was led by Patriot One and UND campus Chief of Police, Eric Plummer. Chief Plummer traveled to Kelowna, B.C. to tour Patriot One's new development and testing center, as well as to finalize implementation plans for the UND Threat Detection Testing.
The University of North Dakota is a public research campus that offers 224 fields of study; including: aviation and aerospace at the John D. Odegard School of Aerospace Sciences. The university also has several national research institutions, such as the Energy and Environmental Research Center, National Center for Hydrogen Technology, and North Dakota's only medical school and law school. All of which have the highest level of security needs.
From a safety and security standpoint, UND's Department of Public Safety, led by Chief Plummer, provides nationally recognized Safety and Emergency Planning, Campus Public Safety Training, and Safe Colleges planning and implementation programs for colleges and university campuses across North America. This makes UND ideal for this international Threat Detection Testing, since the campus offers a variety of facilities to test and train Patriot One's PATSCAN CMR concealed weapon detection solution and its integration with other security technologies, such as access control, CCTV video, alarm systems and perimeter warning systems.
"It's exciting to have UND and Chief Eric Plummer on board for this international Threat Detection Testing within a major U.S. university setting," expressed Martin Cronin, CEO & president of Patriot One. "The ability to bring a variety of facilities in one location to test our PATSCAN CMR, along with other security technologies from around the globe, will speed our progress through Stage 3-Live Real-World Environment Testing and lead us to Stage 4-Commercial Deployment."
The UND campus is literally a small municipality with its University Village as the social hub centered around the $100 million Ralph Engelstad Arena. The university has numerous educational research and training facilities, an extensive array of student housing, student union and management offices, restaurants, a hospital, a police station, several maintenance facilities, and an active airport. And like any small city, the campus has a number of sports venues and event centers, that attract a growing student body and residents from the region.
"The University, as well as our public safety department, are thrilled to be part of a program that could help global communities achieve realistic threat detection solutions aimed at mitigating tragedies like the one we've all seen this past year," shared Chief Plummer. "In addition to our diverse facilities, the University is ideally located geographically for this international Threat Detection Testing, as it is easily accessible for Canadian and American businesses and their technologies alike."
UND and Patriot One will begin building the UND Threat Detection Testing this summer and will rollout test locations around the campus for the PATSCAN CMR solution alongside a number of related security technologies.
On Behalf of the Board,
"Martin Cronin"
Martin Cronin, President, CEO & Director
About Patriot One Technologies, Inc. (TSX-V:PAT) (OTCQX:PTOTF) (FRA:0PL):
Patriot One has developed PATSCAN CMR(TM) the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company's motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association's New Product Showcase at ISC West.
For further information, please contact:
Patriot One Inquiries
info@patriot1tech.com
John Martin, Investor Relations
+1 (888) 728-1332
johnm@patriot1tech.com
www.patriot1tech.com
I have a feeling something is going to break soon. When it does it will be significant.
How much do you trust your kids will be safe in school of all places. Times have changed my friend. It truly is sad that we have to worry about the children in school. I would feel better knowing the system is in a school my child goes too. Things need to change.
School districts are getting beat up by parents asking what they plan to do.
That pressure will ensure sales.
"This is what is going to happen imo. Patriot one has seen Congress 2 or 3 times now. School is almost over so I think that the system will be put in a couple hundred schools throughout the states while kids are on summer break. Some Hotels are already implementing the system in they're establishments. If this system was up and running a couple years ago how many people would it have saved? The people in the Vegas shooting wouldn't have happened. School shooting would be less and less every year. Major shopping malls. This stock imo will be over 10.00 within 2 years.
© 2018 InvestorsHub.com, Inc."
This is what is going to happen imo. Patriot one has seen Congress 2 or 3 times now. School is almost over so I think that the system will be put in a couple hundred schools throughout the states while kids are on summer break. Some Hotels are already implementing the system in they're establishments. If this system was up and running a couple years ago how many people would it have saved? The people in the Vegas shooting wouldn't have happened. School shooting would be less and less every year. Major shopping malls. This stock imo will be over 10.00 within 2 years.
Patriot One Upgrades to OTCQX Best Market
Tue Feb 20 08:30:36 2018 EDT
TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX.V:PAT) (OTCQX:PTOTF) (FRANKFURT:0PL) (“Patriot One” or the “Company”), makers of the award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system today announces that OTC Markets Group Inc. has advised of its qualification to upgrade from the OTCQB® Venture Market, and has confirmed commencement of trading on the OTCQX® Best Market with immediate effect.
Patriot One Technologies now trades on OTCQX under the symbol “PTOTF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Trading on OTCQX will allow Patriot One Technologies to efficiently leverage its existing TSX Venture listing to build visibility and provide a more transparent trading market for U.S. investors," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We are pleased to welcome Patriot One Technologies to the OTCQX Best Market."
Patriot One Technologies was sponsored for OTCQX by Burns, Figa & Will, P.C., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
On Behalf of the Board,
“Martin Cronin”
Martin Cronin, President, CEO & Director
PAT Patriot One arranges $17.4M bought-deal offering
Wed Jan 31 07:43:57 2018 EDT
Patriot One Technologies Inc (TSX-V:PAT)
Shares Issued 87,584,763
Last Close 1/30/2018 $2.40
Wednesday January 31 2018 - News Release
Mr. Martin Cronin reports
PATRIOT ONE ANNOUNCES $17.4 MILLION BOUGHT DEAL
Patriot One Technologies Inc. has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. pursuant to which the underwriters have agreed to purchase, on a bought-deal basis pursuant to the filing of a short-form prospectus, an aggregate of 8.7 million units at a price of $2 per unit for aggregate gross proceeds to Patriot One of $17.4-million.
Each Unit will consist of one common share of the Company (a "Common Share") and one half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant"). Each Warrant will be exercisable to acquire one Common Share (a "Warrant Share") for a period of 36 months following the closing of the Offering (the "Closing") at an exercise price of $2.40 per Warrant Share.
The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 1,305,000 Units at the Offering Price or up to 652,500 Warrants at a price of $0.30 per Warrant, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing.
The Units will be offered by way of a short form prospectus to be filed in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. The Company intends to use the net proceeds from the Offering for funding its international expansion, accelerating the deployment of its technology and for working capital purposes. The Offering is expected to close on February 21, 2018 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities.
About Patriot One Technologies, Inc. (TSXV:PAT)(OTCQB:PTOTF)(FRA:0PL):
Patriot One has developed PATSCAN(TM) the next generation of its award-winning Patriot One Technologies(TM) NForce CMR1000 software and radar solution. PATSCAN(TM) is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system as an effective tool to combat active shooter threats before they occur. Designed for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company's motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com.
2nd trading breakout with even bullish candlestick and greater volume without any news. Something is definitely up!
This will be a plus $5 stock in the next couple weeks. strong buy
Patriot One Technologies Inc. Announces an Increase to the Previously Announced Bought Deal Financing
http://www.newswire.ca/news-releases/patriot-one-technologies-inc-announces-an-increase-to-the-previously-announced-bought-deal-financing-650418923.html
FCC approval , https//:FCC if.io/2ALZCMR.liftoff to moon Monday October 2 get on board
$10 second third quarter next year? Let's hope
Hopefully some good news on the halt
PAT approved in Canada USA will follow shortly
PTOTF admits that it is barely submitting data to the FCC and Industry Canada for approval, even though it has been claiming all along that it has millions of dollars in orders
what is wrong with this picture?
"The verified data from the accredited testing laboratory will now be sent to Industry Canada and FCC for final approval"
https://ih.advfn.com/p.php?pid=nmona&article=75415652
Patriot One Completes FCC and IC Submission in Preparation for PATSCAN CMR Commercialization
Concealed Weapons Detection System Maker Attains Milestone in Certification Pathway
TORONTO, ON -- Aug 09, 2017 -- InvestorsHub NewsWire -- Patriot One Technologies Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), is pleased to announce that its award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system has met Federal Communications Commission (FCC) and Industry Canada (IC) regulatory requirements, as verified through a series of tests by an accredited 3rd party laboratory.
This is significant news for our Company,” said Patriot One Technologies CTO Dinesh Kandanchatha. “Many companies have found meeting FCC and IC requirements to be a daunting challenge. Since we began operations last November we have worked relentlessly to identify, execute and address a lengthy checklist of FCC and IC technical requirements. Today, we are one step closer to delivering a certified mass-market version of the PATSCAN CMR in the USA and Canada. I congratulate our entire team for their commitment to this important effort. Now that the hardware development is finalized for certification, we are proceeding with software optimisation in preparation to meet our delivery commitments. In this regard, I am further pleased to confirm that our projected manufacturing run for 2017 is now fully committed, and we are already booking sales into 2018.”
Company sales efforts for the PATSCAN CMR currently focus on markets including houses of worship, academic institutions, event centres, casinos, commercial offices, hotel properties, government agencies and other locations at high risk of terrorist attack. Orders have been received from locations spanning four continents, and new territorial opportunities are opening as reseller influence grows.
Patriot One’s PATSCAN CMR, Model CMR-005 has been issued provisional identifiers as FCC #2ALZTCMR and IC #22739CMR. These identifiers encompass electrical and mechanical certification for FCC15B/ICES-003, FCC 15.510, RSS-220 & ETI EN 302-065-1, CSA C22.2 No. 61010-1, UL 61010-1 V3 and 3.1. The verified data from the accredited testing laboratory will now be sent to Industry Canada and FCC for final approval.
FCC and IC certification is important not only in a North American context, but is also a key step towards the product’s attainment of certification and waiver/permit approvals in markets including the United Kingdom, Eurozone and Asia-Pacific regions, where key reseller partners are assisting in advancing the product’s certification and approval processes.
“We have been working diligently towards FCC and IC certification, and are thrilled to see this effort coming closer to fruition. We are grateful to the many individuals, vendors, related stakeholders and early adopters who share our vision of a future when Patriot One systems will provide communities around the world with stronger safeguards against threats of terrorism and other acts of random violence,” said Company CEO Martin Cronin. “We also salute those members of the investment community who have made a critical difference by putting their capital to work throughout our venture’s early stages. We are determined to continue to build shareholder value and earn capital market support vital to Patriot One’s ongoing development efforts and our mission to make the world a safer place.”
ON BEHALF OF THE BOARD
“Martin Cronin”
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association’s New Product Showcase at ISC West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Looks like those posters at the Stockhouse.com bullboard discussion site on v.PAT were right about how the avalanche of cheap shares & warrants would crash the shareprice. Fairly good volume on the Canadian ticker most days, so hopefully the overhang of cheap shares will burn through sooner than later.
It's hard to figure out where a bottom is when so many shares are available. Hopefully most holders will not give in to the "quick small gains are better than longterm big gains" syndrome. If so, a bottom may occur in the 0.40s or 0.30s on PTOTF (US ticker).
I'm keeping this on my watchlist and at some point will likely buy a good-sized position. But need to wait at least a few months until that overhang burns off some more.
If Tom Ridge is involved you can look to get screwed, tatooted, or worse. Run from this Patriot killer toxic POS.
I had to be away this morning on a long hike by a beautiful mountain stream -- really glad and lucky my auto-sell order on PTOTF at 82 cents filled for 7k shares. I still kept 1k shares but had to largely let go of this stock for now.
The reason? I scanned last night the Stockhouse.com message board ("billboard" as they call it) and that Canadian site for v.PAT has some scary info from a couple of posters about millions of $0.15 (CAN) shares and $0.30 warrants becoming eligible tomorrow (March 10) to be unloaded. This stock could dive a lot further under that kind of possible selling pressure.
There may be many holders of those cheap shares and warrants who will hold on for a much higher price before cashing in, but i fear they may be outnumbered by the sellers. Some of today's selling (like mine!) may have been in advance of that worrisome prospect.
Nevertheless, i hung on to a small remnant amount of shares just in case some fantastic news zooms the shareprice.
I'll be back at some point as a buyer-- i really like the story on Patriot One and think they can have a fantastic future.
JKAGS, thanks for creating this board. I got 8k shares of PTOTF (US ticker) auto-filled at my bid of 0.821 (i raised it from 0.80 earlier in day--probably should have left that bid as is and maybe tomorrow get the shares at that price).
Anyway, Patriot One has a "great story."
Let's see if demand for more product demonstrations occurs and actual sales of the product any time sooner than later.
Nice to have the Tom Ridge presentation video -- if he in fact has looked at most or all of the tech out there and finds Patriot One has the best product, then this will be a huge gainer stock.
But even if the company gets "only" about 2% of the overall market out there (airports, schools, malls, banks, etc.) then PTA.v / PTOTF should still be a nice winner over time.
NForce Product Launch with Gov. Tom Ridge
https://patriot1tech.com/tom-ridge/
New NForce CMR1000 Product Demonstration Video
https://patriot1tech.com/nforce-cmr1000-product-demonstration-video/
Patriot One Provides NForce CMR 1000 Software Solution and Related Hardware Product Update
https://patriot1tech.com/news/patriot-one-provides-nforce-cmr-1000-software-solution-related-hardware-product-update/
Patriot One Selected for New Product Showcase by Security Industry Association at ISC West
https://patriot1tech.com/news/patriot-one-selected-new-product-showcase-security-industry-association-isc-west/
Patriot One Appoints Tech Sector Financial Professional as CFO
Technology background boosts c-suite financial governance to meet growing corporate needs
TORONTO, ON–(Feb 8, 2017) – Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, is extremely pleased to announce the appointment of Mr. Michael Barnsley to the position of Chief Financial Officer.
Mr. Barnsley is a Chartered Professional Accountant (CPA), whose career includes over 30 years’ experience as a Chartered Accountant (CA) providing financial management services to public companies. Mr. Barnsley has served as Chief Financial Officer and Corporate Secretary for both TSX and TSXV listed companies, principally within the technology sector. Mr. Barnsley commenced his career working as a Senior Manager with Deloitte & Touche and holds a Bachelor of Commerce degree from the University of British Columbia and is a member in good standing of the Chartered Professional Accountants of British Columbia.
Martin Cronin, CEO and Director of Patriot One Technologies, Inc., stated, “On behalf of the Board, I would like to thank Michael Malana for his services as Chief Financial Officer and wish him well in his future endeavours. Today, we welcome Michael Barnsley to the Patriot team and believe his extensive experience and understanding of what it takes to rapidly advance a new technology from development to commercialization is an immense asset to the Company. We are moving ahead at a pace that demands specific industry expertise and an understanding of the road ahead. Mr. Barnsley’s appointment is both timely and inspiring, and we look forward to working closely with him as we continue to move our emerging weapons detection solution forward into the marketplace.”
In related news, the Company also announces that its financial year-end will be changed from May 31 to July 31 to align the year-ends of Patriot One Technologies, Inc. and its subsidiary.
https://patriot1tech.com/news/patriot-one-appoints-tech-sector-financial-professional-cfo/
Seeking Alpha article on Patriot One
http://seekingalpha.com/article/4043345-patriot-one-technologies-working-relationship-former-secretary-homeland-security-key
Equities Q&A with CEO of Patriot One Technologies Martin Cronin
Equities Staff | Thursday, 19 January 2017 06:04 (EST)
Equities had a far reaching informational Q&A with Martin Cronin at Patriot One Technologies Inc (PAT:CA ; OTCQB: PTOTF). Thank You Dr. Kal Kotecha as always for your moderator skills and help covering these cool companies.
Q.) You recently began a pilot program in Orlando, Florida. Can you speak about a timeline when your technology will be more readily available to local law enforcement?
A.) Sure. What we’re doing now is rolling out a number of demonstration sites so that we can show the technology in action to prospective clients. We have a huge level of interest in the technology, but we have to get FCC certification before we can go out and deliver product to customers. What we’re doing in the meantime, as we run through that process, is setting up demonstration sites for clients to come in and see the technology in a number of cities across North America. That’ll allow us to start to capture some early purchase orders so that we can deliver once we have that certification. We’ll be doing a hard product launch at ISC West in Las Vegas in April. That’s when people can really come in from across the world, and come and see the tech and place their orders.
full interview: https://patriot1tech.com/news/equities-qa-ceo-patriot-one-technologies-martin-cronin/
Patriot One to Commence Onsite Weapons Detection Pilot Tests in Orlando, Florida
Entertainment Management firm VGroup Concepts to aid introduction of NForce CMR1000 software and radar device to Orlando Nightclub District
TORONTO, ON–(Jan 17, 2017) – Patriot One Technologies Inc., (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, is pleased to announce it has entered an agreement with VGroup Concepts of Orlando, Florida.
The partnership will create a demo showcase of the Company’s NForce CMR1000 software solution and radar device from January 2017 through January 2018. The parties furthermore agreed to install the NForce CMR1000 solution and radar device at VGroup entertainment properties around the Orlando area before the end of the term with the ultimate goal of establishing a “safe districts” initiative.
“The Events of June 12, 2016 at the Pulse Nightclub are forever etched in the hearts and minds of the citizens of Orange County, the United States, and the World. It was the deadliest attack by a single shooter in United States History. Our partnership with Patriot One is a positive step toward our goal of making, and continuing to make, the City of Orlando, Orange County, Florida, its residents and all of our visitors safe in the tourist entertainment capital of the world,” said VGroup Concepts Operating Managing Partner, Jeff Gitto.
To read the full release visit https://patriot1tech.com/news/patriot-one-commence-onsite-weapons-detection-pilot-tests-orlando-florida/
Patriot One Technologies CEO Martin Cronin talks to Cantech Letter
https://patriot1tech.com/news/patriot-one-technologies-ceo-martin-cronin-talks-cantech-letter/
NFORCED Patriot One Newsletter: Volume 2
https://patriot1tech.com/news/nforced-patriot-one-newsletter-volume-2/
Patriot One to Present at Upcoming Investment Conferences
TORONTO, ON–(Jan 12, 2017) – Patriot One Technologies Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, is pleased to announce that Company representatives will be presenting at the upcoming Cantech Investment Conference on January 18th in Toronto, and subsequently at the Alpha North Capital Conference January 20th, in the Bahamas.
The Cantech Investment Conference 2017 is a tremendous opportunity to meet with investors, analysts, journalists and bankers from the Canadian technology sector. Patriot One will be available for meetings in Booth #308 where CEO Martin Cronin, President Dinesh Kandanchatha, and Director Jeffery Tindale will be in attendance for one-on-meetings. The Company will also be hosting a Feature Presentation in the afternoon. For more information visit: www.cantech17.com.
Event: Cantech Investment Conference 2017
Date: Wednesday, January 18, 2017
Booth: #308
Feature Presentation: 2:40pm ET
Location: Mackie Stage
Venue: Metro Toronto Convention Centre, 255 Front Street West, Toronto, Canada.
Event Hours: 8:30am – 5:30pm
The Alpha North Capital Conference is an invitation-only event held in the Bahamas January 19-21, 2017. Held at the prestigious Atlantis Resort and produced by Capital Event Management, the event features small cap innovators in the technology, biotech, healthcare and special situations spaces as well as providing opportunities to connect with the top institutions and specialist brokers in North America through a full day series of one-on-one meetings between issuers and financiers. Patriot One President, Dinesh Kandanchatha, will be in attendance on January 20th. Find out more at: www.capitaleventmanagement.ca.
Event: Alpha North Capital Conference
Date: Friday, January 20, 2017
Agenda: 18 twenty minute sessions
Venue: Atlantis Resort, Paradise Island, Bahamas
Patriot One’s team will be presenting on the development and planned deployment of its revolutionary NForce CMR1000 concealed weapons detection radar-based software solution. Summary details will include a look at the intrinsic innovation of Patriot’s patent-pending radar technologies. Key aspects of the systems revolutionary cognitive ability to learn signature identification patterns of prohibited items will be discussed. The covert identification of weapons such as guns or knives prior to entry into restricted areas will be presented with a view to the disruptive potential for this all-new technology.
Find out more at www.patriot1tech.com.
Patriot One Issues President's Letter to Shareholders
TORONTO, ON--(Marketwired - Jan 9, 2017) - Patriot One Technologies Inc., ( TSX VENTURE : PAT ) ( OTCQB : PTOTF ) ( FRANKFURT : 0PL ) ("Patriot One" or the "Company"), developer of a revolutionary concealed weapons detection system, is pleased to issue the following letter from Patriot One President, Dinesh Kandanchatha.
To our partners, affiliates, stakeholders and shareholders,
As President of Patriot One, I am pleased to provide this update regarding the Company's accomplishments to-date, and the milestones we look forward to achieving in 2017.
The end of 2016 was marked by three significant events. First, our participation at the International Association of Chiefs of Police (IACP) conference where the best and brightest in law enforcement meet to learn and network. We had excellent attendance and response from some of the worlds most respected law enforcement leaders for our corporate launch and CMR product technology introduction. This was followed in November with a very successful public market offering. Lastly, we are pleased to report that the company can readily meet its near term projected financial obligations with over $2M in working capital in its treasury.
December 2016 saw us enter a strategic partnership with the expert security team at Ridge Global LLC. Gov. Ridge, chairman of Ridge Global and the first U.S. Secretary of Homeland Security, endorsed our platform stating, "As we have seen in the Western world, our adversaries will continue to pursue so-called 'soft targets' such as transportation hubs, sporting venues, restaurants and office buildings. Almost by definition, democracies are soft targets. Patriot One has developed powerful technologies to mitigate these ongoing challenges while at the same time being less obtrusive to event attendees. Ridge Global is proud to work with Martin and his team to bring these innovations to the marketplace." The team at Patriot One plans to work closely with Ridge Global for guidance with significant opportunities within key government departments, educational institutions, and industry associations.
Internal projections for the first two quarters of 2017 are currently on-track for delivering product milestones and closing agreements with our first strategic clients and reseller partners. Q1 will also focus on engaging with key regulatory agencies such as the FCC in the US, and related international establishments. Q2 will see the Company exhibit at ISC West, the leading security trade show in the U.S. with over 28,000 industry professionals attending the annual event in Las Vegas. 2017 heralds the commencement of ongoing outreach to potential clients both in North America and internationally. Our objective is to secure purchase orders from strategic clients over the next 60 days. It is fair to say that our technology has captured the attention of security professionals across the globe and we aim to leverage and transform that interest into meeting quantifiable sales targets.
International interest in our technology continues to grow and we are expanding our sales presence to address this opportunity. The United Kingdom has traditionally been in the forefront of advances in security technology, and as such, it is a high value strategic market for us. Our newest team members in London are in the process of establishing an office and demonstration site to meet the increasing attention from British buyers.
While this letter was being written, the recent tragedy in Fort Lauderdale reminds us once again of the ever-present danger of senseless and horrific violence perpetrated against ordinary citizens going about their daily lives. Our hearts got out to the victims and their families as we redouble our efforts to bring forward new solutions for public safety.
In closing, I want to thank our Board for their counsel and guidance through this foundational year for Patriot One. I would also like to thank our many investors, both founders and those new to Patriot One, for their valued feedback and support in 2016. In return, we are committed to building a strong and sustainable business with the continued help of all those who have placed their confidence in our ability to deliver results.
Find out more at www.patriot1tech.com.
Patriot One Announces DTC Eligibility of its OTCQB Common Shares
http://www.otcmarkets.com/stock/PTOTF/news/Patriot-One-Announces-DTC-Eligibility-of-its-OTCQB-Common-Shares?id=147731
Patriot One Technologies - PTOTF Board - Lets join them together
Created 11/3/2016
http://investorshub.advfn.com/Patriot-One-Technologies-PTOTF-31468/
shell3
great news this week. PAT.v now has a future!!
Patriot One Adds Ridge Global LLC as Strategic Advisor
TORONTO, ON–(Dec 19, 2016) – Patriot One Technologies Inc., (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRA: OPL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, is pleased to announce that it has engaged Ridge Global LLC (“Ridge Global”) as a strategic advisor to support the Company’s market penetration in the United States.
Led by Tom Ridge, former Governor of Pennsylvania and the first U.S. Secretary of the Department of Homeland Security, Ridge Global LLC represents a significant partnership for the Company. Patriot One expects its work with Ridge Global could generate key relationships, opportunities, and support strategic engagement and enhanced service for prospective Patriot One customers.
Ridge Global was founded by Governor Ridge to help organizations decrease security risks. He has assembled a team of globally recognized experts who offer strategic counsel on identifying, preparing for and mitigating cyber risk. For more information on Ridge Global please visit: www.ridgeglobal.com.
Patriot One CEO, Martin Cronin, states, “We are tremendously pleased to announce this partnership. Working with a company with the stature and reach of Ridge Global could greatly accelerate the exposure of our groundbreaking technology to key potential users. Governor Ridge has an unparalleled grasp of the challenges facing those charged with the safety of the American public and we are proud of the confidence he has shown in our technology.”
The Company’s agreement with Ridge Global provides for the payment of a monthly retainer, as well as performance-based bonuses and success fees payable on revenue and market capitalization-based milestones. The Company further announces the grant of 200,000 incentive stock options to Governor Ridge at an exercise price of $1.44, exercisable for a term of four years and vesting in 25% tranches every three months beginning on March 14, 2017.
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