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News expected on 3rd location with updates on financing
Joseph Francella, CEO further states, “We are continually focused on bringing long term value into LVGI and creating a sustainable future for asset accumulation, revenue growth, profitability, and shareholder appreciation.” To that extent, LVGI is working with this Brokerage firm and in discussions with other alternative funding sources to capitalize all current and future projects.
TOWARDS THE END IT READS IS WORKING WITH THIS BROKERAGE FIRM. ALTERNATIVE FUNDING WILL BE ACHIEVED. JOE NEEDED TO BACK PEDAL BUT HE IS STILL IN THE PROCESS.
$LVGI After rereading the press release a brokerage firm has been hired & in discussions to provide alternative funding for an viable auditor to bring the company to a higher exchange. My expectations remain very high. Joe has ceased the opportunity to expand the scope of THC ²
$LVGI news $LVGI Limitless Venture Group Inc., Working Towards Fully Reporting Status and Up-Listing Off Pink Sheets
Call up to have them adjust your cost basis
$DRUS
Symbol change to
$BANT
February 20th
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$DRUS
Symbol change to
$BANT
tomorrow
February 20th
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$DRUS
Symbol change to
$BANT
tomorrow
February 20th
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$DRUS
Symbol change to
$BANT
tomorrow
February 20th
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
So what do you guys expect to happen. A merger of some sort. Followed this company 5 years ago?
$KNSC had a taste of what is to come yesterday. Donald Granatstein & Susan Unger are well respected by employees & patrons of the parliament house orlando FL resort @PHouseOrlando
I take this as how they will treat shareholders in the near future with #pride
In it to win it! $DRUS is not going BUST
$BIOAQ shortsqeeze
Pressure on the ask will dictate how desperate they are?
Power in numbers!
A Green Monday would be a slap in the face & a significant victory for the power of long shareholders. https://www.otcshortreport.com/company/BIOAQ
$BIOAQ soon to be
$BIOA
#BUYOUT BUILDING
Yikes. Curious why would they do such a thing? Hmm I have a feeling that they are covering their assets(lol) since the SEC FINRA have been informed & now involved
Yup big deal & plans moving forward. Orchestrated language trying to push current shareholders around imo. Many longs have outlined the process in detail. The facts presented have justified my decision & a brief ambiguous statement will not change my decision. Hold for GOLD
All longs hold! Report language is ambiguous. Does not make sense if shares are still being acquired by institutions to just have them canceled without having answered shareholder questions.
$DRUS
It was either one of two options to execute the private to public reverse merger.
Mota group inc
A/S increase or R/S not both.
They have chosen to facilitate the process by an increase of the authorized. Shares will become restricted after the symbol cusip change. (corporate actions)
Capital Structure Issues
There are several possible solutions to this problem.
"One might encounter is that the Public Shell might not have enough authorized shares of common stock to enable it to issue 80%-85% of common shares to the shareholders of the Private Company. For instance, the Public Shell might already have 50% of its authorized common shares issued to its current shareholders. There are several possible solutions to this Problem"
https://www.clm.com/publication.cfm?ID=24
$DRUS positive news & everything changes. Gotta love the emotional OTC characters. Today is a new day.
Possible reasons for the increase of the authorized other than to pay for debt is to have enough shares to ward off a hostile takeover and mergers & acquisitions
$DRUS
Stay tuned to what Trump says in the state of the union address regarding the border wall & surveillance technologies which will include DRONES
Symbol & cusip change confirmation sets $DRUS ablaze! Mota group will add fuel to the fire.
PENNYLAND, OTCQB, CONTRACTS & NASDAQ.
Sounds so dramatic. Always like a happy ending lol. No but seriously this is going to blow up when that 8k is released!
$DRUS@TheDroneUSA@Mota
— John Guerriero (@vulken17) February 4, 2019
@bantekinc#UAV
Rest assured that Drones will part of #TrumpAddress Trumps State of the union address pic.twitter.com/gdThiskKhk
Absolutely huge!
$DRUS
https://www.droneusainc.com/our-team ;
Michael Bannon (Harvard EDUCATED) & his team.
All DD points to a combined entity NASDAQ listing in the near future!
LEADERSHIP TEAM:
Michael Bannon
CEO/Chairman of the Board
Has over twenty-five years of entrepreneurship and business leadership experience.
Has 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 an FAA Certified Remote Pilot.
Received a BA from the University of Connecticut, a MBA and a MA 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.
Dr. Rodrigo Kuntz Rangel, CTO
CTO/Board Member
Founded BRVANT, a Brazilian-based UAV company in 2009, currently serves as their CEO.
Served as Product Development Engineer at EMBRAER developing electronic and software systems for military and civil aircraft.
Holds a BS degree in Computer Engineering. a MS and PhD in Computer and Electrical Engineering.
Matthew Wiles
COO/Board Member
Has extensive management experience in logistics and aerospace manufacturing.
Achieved a Business Degree from Warner Pacific College, Portland OR.
Played basketball for Concordia University as a scholarship athlete, Portland OR..
Jeffrey L Garon
CFO / Board Member
Extensive Public Accounting Experience
Experience includes IPOs, Acquisitions, Reverse Mergers, Turnarounds & Startups
Entrepreneurial and Management Experience
Held senior positions at Mota Group, CVA Partners, Etelos & Kaufman Bros
Bachelors from CSU Northridge
MBA from Loyola Marymount University
Dr. Len Harac
Advisory Board Member
As President of Harac Consulting, Len Harac has been providing strategic and tactical business consulting since 1985. Harac Consulting’s motto, “We build bottom lines” defines their mission. Dr. Harac works principally with senior management in small to mid-size companies, ideally identifying and developing profit centers. His focus is on finding the proverbial “path through the trees” with respect to one thing – profitability. This entails a comprehensive business and personnel review and subsequent recommendations for improving efficiency and focus. Dr. Harac helps implement his recommendations by authoring a strategic and tactical plan and providing interim management to achieve the plan’s goals. The plan centers on key areas which typically require improvement, structure and management as well as identifying Angels or Strategic Partners who can help his clients achieve their business goals.
Dr. Harac has a wide range of experience over an array of industries. His extensive network of powerful strategic alliances; inclusive of Angel Investors, Law Firms, Banks, C level industry professionals and Financial Planners make him a valuable asset to growing companies. As a long-standing member of the Angel Investment community, Dr. Harac has created a multitude of lucrative relationships between growing companies and Angels, Private Equity firms, Family offices, Strategic Partners and Acquirers. Dr. Harac is an advisor to Private investors, Angel investment groups and Small business executives. In many cases, he has reversed the path of companies seemingly headed for insolvency.
Dr. Harac has BA Chemistry from Montclair State University and acquired his PhD. in Business Administration from Warren National University
These dispenseries are going to make a lot of money! Many more Cannabis related acquisitions in the works. With LES barber in the background most likely facilitating them, 2019 will be monsterous for the pps. Definitely penny bound.
$LVGI
— John Guerriero (@vulken17) February 3, 2019
Multiple #cannabis dispenseries to open to generate 6M in revenue as well as a myriad of additional Cannabis related acquisitions@joeceolvgi @HempMarketWatch
Summit Harbor Holdings (SHHI)
Future stock dividend (Spin-Off) Joe?$DRUS $FUSZ $BIOAQ $DNAD $KNSC $VYST $NNRX pic.twitter.com/iDiaq3IJwT
$LVGI
— John Guerriero (@vulken17) February 3, 2019
Multiple THC² locations will generate instant revenue for Limitless Venture Group. Second location has recently opened February 1st with an additional facility scheduled to be ready March 1st
6M in revenue annually.#Cannabis #CanadaPotStocks #weedstocks #dispensary #MMJ pic.twitter.com/I85bGWkSFn
Taken from SEC FILING 14C
AUTHORIZED WILL NOT BE INCREASED
BANNON HAS BEEN VERY VERY TRANSPARENT
Purpose and Effect of the Proposed Amendment
The proposed increase in the number of authorized shares of Common Stock is necessary in order to provide flexibility to issue shares for general corporate purposes that may be identified in the future including, but not limited to, funding the acquisition of other companies, raising equity capital through the issuance of shares of Common Stock, Preferred Stock or debt or equity securities convertible or exercisable into shares of Common Stock, having a sufficient number of authorized shares to cover the convertible notes outstanding, or in the case of Common Stock, adopting additional employee benefit plans or reserving additional shares for issuance under existing plans. No additional action or authorization by stockholders would be necessary prior to the issuance of such additional shares, unless required by applicable law or the rules of any stock exchange or national securities association trading system on which our Common Stock is then listed or quoted. Examples of circumstances in which further stockholder authorization generally would be required for issuance of such additional shares include (a) transactions that would result in a change of control of the Company, and (b) adoption of, increases in shares available under, or material changes to equity compensation plans. We have no current plans, proposals or arrangements to engage in any corporate transactions that would require the issuance of the additional shares being authorized pursuant to this proposal.
The additional authorized shares would become part of the existing class of Common Stock, and the amendment would not affect the terms of the outstanding Common Stock or the rights of the holders of the Common Stock. The Company stockholders do not have preemptive rights with respect to our Common Stock. Should the Board of Directors elect to issue additional shares of Common Stock, existing stockholders would not have any preferential rights
$DRUS lily next Gen MOTO GROUP
$DRUS lily next Gen MOTO GROUP
Drone USA Letter to Shareholders
April 23, 2018 09:11 PM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--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:
Distributing
Aerospace
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.
Distributing
Under our Distributing division, we will have Howco Distributing Co, located in Vancouver Washington, HowcoCT located 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.
Aerospace
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
Chairman/CEO
Cautionary Statement Regarding Forward-Looking Statements
This communication may contain certain "forward-looking statements" under applicable securities laws, including the Private Securities Litigation Reform Act of 1995. These statements are typically identified by words or phrases such as "may," "will," "could," "should," "predict," "potential," "pursue," "outlook," "continue," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "forecast," and other words and terms of similar meaning. For example, statements regarding future results regarding the benefits of the strategic initiatives announced, and future financial results and operational plans are forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond Drone USA, Inc.'s control, which could cause actual benefits, results, effects and timing to differ materially from the results predicted or implied by the statements. Additional information concerning the risk factors faced by Drone USA is contained in the its public filings with the Securities and Exchange Commission (the "SEC"), which are available at the SEC's website, http://www.sec.gov. Each forward looking statement speaks only as of the date of the particular statement, and Drone USA undertakes no obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.
Important Additional Information
This communication does not constitute a solicitation of a vote or proxy. In the event that Drone USA (the “Company”) requires a shareholder vote or holds a 2018 Annual Meeting of Shareholders, it shall file a proxy statement and white proxy card with the SEC in connection with any such solicitation of proxies from the Company’s shareholders. Information regarding the ownership of the Company's directors and executive officers in Company stock, restricted stock and options is included in the Company's SEC filings on Forms 3, 4, and 5, which can be found through the Company's website www.droneusainc.com in the section "Investors" or through the SEC's website at www.sec.gov. Information can also be found in the Company's other SEC filings. Shareholders will be able to obtain any proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge at the SEC's website at www.sec.gov. Copies will also be available at no charge at the Company's website at www.droneusainc.com in the section "Investors."
Contacts
Drone USA, Inc.
Michael Bannon, 203-410-8924
Director of Investor Relations
mike@droneusainc.com
DRONE USA, INC
That's not what my DD suggests.
$DRUS Keep a look out for a form 4 insider buyer also being Jeffrey Garon. Remember a stock option plan was implemented under the sec 14c filing. Funny because Mota group had the same kinda plan. Load it up!
New FCC APPLICATIONS Awarded to Jeffrey Garon (lawsuit vs Paulo Ferro ringing bells) are huge especially for personal security & elderly care as the palm sized Drone will ultimately follow u around & alert the proper channels. Game changing NEXT GEN $DRUS @TheDroneUSA flying high in 2019
$DRUS
Insane news coming up.
$DRUS huge find
FCC Wireless Applications awarded to no other than our new CFO Jeffrey Garon
TCA Home Health Care dba Drones by US
FCC Wireless Applications
Grantee Code: 2ASA9
60 South Market Street Suite 1100
San Jose California United States SEC Filings
Registered on 01/22/2019 by Jeffrey Garon
https://fccid.io/2ASA9
$DRUS huge find
FCC Wireless Applications awarded to no other than our new CFO Jeffrey Garon
TCA Home Health Care dba Drones by US
FCC Wireless Applications
Grantee Code: 2ASA9
60 South Market Street Suite 1100
San Jose California United States SEC Filings
Registered on 01/22/2019 by Jeffrey Garon
https://fccid.io/2ASA9
$DRUS huge find
FCC Wireless Applications awarded to no other than our new CFO Jeffrey Garon
TCA Home Health Care dba Drones by US
FCC Wireless Applications
Grantee Code: 2ASA9
60 South Market Street Suite 1100
San Jose California United States SEC Filings
Registered on 01/22/2019 by Jeffrey Garon
https://fccid.io/2ASA9