Defense Technologies International Corp (DTII)

[Diggnun21]

Ludlow Research Values DTII at $20-25 Million Market Cap

Per Ludlow Research 6/22/2016

Based on the DTII exceptional board and advisory team, low market cap valuation with 22.4 million common shares issued and outstanding, and potential for large and rapid purchase order based on increasing demand for metal detector systems for venue security, Ludlow Research has issued a 'speculative' valuation target on DTII of $1.00 to $1.25 per share, or $20 to $25 million market cap based upon potential market demand.

Source: https://globenewswire.com/news-release/2016/06/22/850622/0/en/Ludlow-Research-Initiates-Opinion-on-DTII-Based-on-Metal-Detector-Market-Outlook.html

The current OS is approximately 190,000,000 shares. Based on the current OS, we can calculate the expected PPS based on Ludlow's $20-25 million valuation.

Market Capitalization = PPS x Shares Outstanding


22,500,000 = PPS x 190,000,000

Expected PPS = .12

Compared to the current market capitalization, DTII is a strong buy and hold.

Current Market Capitalization:

Market Value1 $679,490 a/o Jul 18, 2017

Source: www.otcmarkets.com/stock/DTII/profile

JMHO. $DTII