Brite-Strike Tactical Illumination Products, Inc (BSTK)

[CTS]

$BSTK
The company received a full Utility Patent on Bug-Strike in September 2023. We can now offer the product in the market with a high confidence level that we will not get knocked off.

The company has also filed for a US Provisional Patent for a new tiny low-cost shark deterring device called SharkStrike™ and has begun initial testing in Florida and Australia. IP valuation: The current IP portfolio has a market value of around $2.5 to $3.0M and with the addition of the Provisional Patent and expected issuance of a full Utility Patent on Bug-Strike™ and the tradename the valuation should be at $3M plus.

New Business Opportunities:
We finalized an agreement wit Pro-Motion Inc. Las Vegas NV, one of the largest wholesale distributors in the US. ProMotion has distribution across a wide range from outdoor camping, hunting, fishing, industrial, automotive and marine.
Sales will come on line in the second half of 2023.