Friday, October 08, 2021 10:48:23 AM
?? Shareholders call 2 PM on Friday!!! Call is at 5:00 pm EST
??Pink Current ! No Financials since 2018. Only current under the skirts of the parent company. Nothing is known regarding financial condition.
??Drone Guarder is under new management and ownership!
??Merger with Tytan Cybernetics This not a merger, it's a name change of the parent company
??Recently hired Northrop Grumman Aerospace veteran and Board of Directors to oversee and expand the drone division
??New website under construction and will be released soon.
??Currently Expanding Drone Products. They have NO products. They are under research and development.
??Establishing Drone E-Market for sale of their Drones They don't presently have anything for sale. MAYBE IN A YEAR!
??President Chairman and CEO acquired 22,000,000 at .01 Acquired @ .0066
??Company has made it clear there will be NO future dilution ! What about the share dividends to both DRNG and NIHK shareholders. Does that not represent dilution?
??Recently reduced shares from 5 billion to 3.6! Only the authorized shares were reduced. There has been NO reduction in the Outstanding Share count. In fact it is due to increase upon distribution of the dividend shares
??Merger buy out! What does this mean? Is NIHK going to divest itself of the non-revenue producing DRNG subsidiary? If so, that will be a positive for NIHK.
??Secured all convertible notes Until we see notes to the financial reports, we have NO information on the status of any of the convertible notes.
??Government contracts on the horizon Contracts for what? DRNG has NO products.
??Company has great communication with shareholders Vague tweets. Show me something definitive
??The global commercial drone market is expected reach $500 billion in the next 5 years. That could mean something if they pursue research and development of a product and successfully market it during that time frame.
All things considered, a very sad attempt at due dilligence.
Learning always challenges what you think you know
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