Defense Technologies International Corp (DTII)

[Poco Parvenu]

10Q has what has the company been doing?

Effective January 12, 2017, Passive Security Scan, Inc. ("PSSI") was incorporated in the state of Utah as subsidiary controlled by the Company. The Company transferred to PSSI its exclusive world-wide license to the defense, detection and protection security products previously acquired by the Company for 15,000,000 shares of PSSI valued at $378,600 for 79.8% of PSSI. The balance of PSSI was acquired by several individuals and entities. The Company plans to continue the development of the technology and conduct all sales and marketing activities in PSSI.

Looks to me that DTII is strengthening their private subsidiary, PSSI. Perhaps Googling "why companies have subsidiaries" would be of benefit to you.