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Wednesday, 10/17/2018 12:20:09 PM

Wednesday, October 17, 2018 12:20:09 PM

Post# of 17028
Form 8-K DEFENSE TECHNOLOGIES For: Oct 10

Item 3.02 Unregistered Sales of Equity Securities.

On October 10, 2018, we issued 2,000,000 shares of authorized, but previously unissued common stock, to EMAC Handels AG upon the conversion of 200,000 shares of Defense Technologies Series A Convertible Preferred Stock. Each Series A Preferred Share is convertible into ten shares of the company's common stock. EMAC, a Swiss company, is a principal stockholder and, after the new issuance of shares, owns a total of 2,624,605 shares of common stock, or 71.75% of the total issued and outstanding shares. The issuance of the common stock was in a private transaction to a person familiar with the company's business, pursuant to an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933.



Item 8.01 Other Events.

Defense Technologies has announced that it entered into a service agreement with Hanover International, Inc. located in LaQuinta, California. Per the terms of the agreement, Hanover will operate as an independent contractor to the company, providing consulting services related to business and finance strategy. Hanover will also provide investor relations services and assist in creating market awareness for the company's products. In consideration for its services, Hanover will receive a monthly retainer and be entitled to earn up to 20,000 five-year, cashless warrants, exercisable for DTII common stock.

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