Defense Technologies Signs Funding Agreement To Begin Manufacturing
Las Vegas, Nevada--(Newsfile Corp. - July 27, 2017) - Defense Technologies International Corp. (OTCQB: DTII) (The Company), a developer of security technologies is pleased to announce a funding agreement for manufacturing of its non-X-ray security scanner.
The Company executed a funding agreement for its initial production with RAB Investments AG of Zug, Switzerland a current shareholder.
The agreement calls for a minimum of $50,000 to a maximum of $150,000.00 at best efforts with a first tranche or $25K to be completed by August 15th.
"Based on past experience with the investor, we have confidence in the ability of RAB to provide the agreed upon funding." says CEO Merrill Moses.
"The Company's goal is to raise additional capital in order to increase production and marketing of its 'Passive Security Scan Portal' for use at schools, universities, and commercial buildings" added Mr. Moses.
The Company's Business - The 'Passive Security Scan'
The Company's 'Passive Security Scan' is a unique "next generation" walk-through detector scanning unit. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats such as guns, knives, etc. Unlike other scanners the public is more familiar with, the Passive Security Scan does NOT use X-rays to detect threats.
Serious health concerns have been raised over the repeated exposure to X-rays from other scanning machines currently in use. The Passive Security Scan technology is based on the 'Earth Magnetic Fields' has no emission whatsoever and is therefore extremely safe and harmless to the person passing through our portal.
News 
Market Data 
Discover 
