Defense Technologies International Corp (DTII)

[Poco Parvenu]

Hardly attacking. The Sept 29th, 2016 press release was touting what then subsidiary DTC was (over)stating. The DTC deal was rescinded.

The Aug 14th, 2017 10K statement in context states:

Sales and Marketing

Through a contract representative, we have made contact with several schools that have expressed interest in having the Passive Security Scan Unit presented at the school for demonstration and evaluation. Furthermore, as funding permits, we plan to install a demonstration unit in every state free of charge via the state’s Governor’s Office. We expect major exposure through this program.

We will also plan to announce the availability of distributorships. A distributor will get a 20% discount on Gross Sales, but is required to purchase a minimum of 25 units at time of signing for a distributorship. General referrals will earn a 10% discount.

With the completion of requisite funding, we expect to place the first units during September 2017 and commence a major marketing campaign at the same time. We believe that we will start production and sales within the coming three months.

With the start of initial sales, we believe that we will be able to raise major funding through more conventional sources for our production.

Why compare apples to oranges, the DTC deal fell through. Recovery from that is understandable. IMHO ,this reads to me that they are seeking funding for marketing and production, as well as getting contacts together for sales.

As with others, waiting for news and holding...