American Defense Systems Inc (ADFS)

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ADFS huge news buy back coming here. The next step in this transition plan, according to the executives, is for EAAST to encourage the board of the public company, ADFS, to elect new directors and complete all necessary regulatory compliance by the end of March 2020.

Already, in that direction, ADFS has appointed as of March 1st, Mr. Wayne Wright, a career banker, based in New York, as the newest Director since 2014; and the Law Offices of Mr. Mark Pena, Esq., a career securities law firm, based in Florida, as the Company Counsel, as of January 2020.

The new holding company has expressed its intentions to: (a) continue to acquire shares in OTC:ADFS; (b) ensure a strong board of directors and administrative team is established; (c) ensure the highest levels of regulatory compliance at both the ADFS and EAAST levels; and (d) revive the company by diversifying operations to include real estate and other equity holdings, in addition to its traditional defense products and services.