Replies to post #13897 on Bantek Inc (BANT)

[tchalla]

that is huge, and where that size contract is coming from, there is more. i am well familiar with DLA at Ft. Belvoir, where it is headquartered.

[tchalla]

this news is worth .10 all by itself! drus should move fast and furiously toward the .10 mark between eow this week and beginning of next.

[hippityhop]

Thx cjstocksup. It's worth the flat fee.

[Sam'd'Mil]

My my, what a Monday run... that chart looks pretty! $DRUS

[RobbinGood]

MUST READ! What is $DRUS 's HOWCO Distributing C. subsidiary from YESTERDAYS Press Release?
"Howco reported sales of $23.4 million in 2015 and earnings before interest, taxes, depreciation and amortization at close to $1.78 million." More Below....

1) http://howcodistributing.com
Howco Distributing is a premier supplier of spare and replacement parts to the United States Federal Government and commercial customers worldwide. We are an authorized provider for hundreds of manufacturers and OEM’s.

2)LinkedIN...
About us
Distributor of spare and replacement parts for construction, mining, material handling heavy equipment. Customers include the Federal Government, Military and international clients worldwide. Our customers rely on Howco Distributing for packaging expertise and shipment consolidation efficiencies to create financial benefit of requirements.

3) https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=22081283

4) Drone USA Acquires Howco Distributing to Add Facilities, Property; Michael Bannon Comments
Jay Clemens September 20, 2016 M&A Activity, News 2,990 Views

acquisition, mergerNew York City-based unmanned vehicle maker Drone USA has concluded its purchase of wholesale distribution company Howco Distributing Corp. for $3.5 million in cash, promissory notes and warrants.

Drone USA said Tuesday it will have access to Howco’s facility leases and related intellectual property and establish connections with the latter company’s suppliers and vendors.

Howco reported sales of $23.4 million in 2015 and earnings before interest, taxes, depreciation and amortization at close to $1.78 million.

Howco’s former owners Paul and Kathy Joy will join Drone USA as part of the acquisition and help oversee day-to-day operations.

Drone USA entered into a stock purchase agreement in August to buy Howco, a Vancouver, Washington-based company that provides spare and replacement parts to federal government agencies, U.S. military contractors and commercial customers worldwide.

https://www.govconwire.com/2016/09/drone-usa-acquires-howco-distributing-to-add-facilities-property-michael-bannon-comments/

5) Executes Strategic Partnership with Endurance LLC to Provide Fulfillment and Distribution Support
https://www.accesswire.com/498865/Drone-USA-Executes-Strategic-Partnership-with-Endurance-LLC-to-Provide-Fulfillment-and-Distribution-Support
Drone USA Executes Strategic Partnership with Endurance LLC to Provide Fulfillment and Distribution Support
Aggregate of $510,000 in New Contracts Since Agreement Inception

WEST HAVEN, CT / ACCESSWIRE / May 8, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing ("Howco"), entered into a strategic alliance with Endurance LLC. Since the inception of the agreement, a total of $510,000 in new contracts has been signed.

Michael Bannon, Drone USA's Chief Executive Officer, commented, "We are excited to help Endurance LLC achieve their goals and profitably grow their business. Having started my first business in 1992, I understand the challenges, the problems and the hardships that ultimately accompany the entrepreneurial landscape. We bring decades of business experience to this relationship. Our mission here to Endurance and our shareholders is threefold:

Help Endurance profitably grow
Add to our own profitability
Help us launch our service-disabled franchise model."
Matt Wiles, Howco's VP of Business Operations, stated, "We are thrilled to partner with the Endurance team as they have a wealth of knowledge and industry contacts. Supporting Endurance as a service-disabled veteran company is rewarding, as we have been able to grow both businesses in a short period."

Chris Brown, Endurance Chief Executive Officer, stated, "We are extremely excited about the great opportunities available to the Endurance and Howco partnership. Both teams bring specialized experience and leadership capabilities that will provide long-term success and results. Relationships like ours are hard to find!"

About Endurance LLC.

Endurance LLC. has over 100 years of combined military and government experience. Team members have commercial experience in the computer technology, heavy-duty diesel, leasing, government contracting, semiconductor and tactical equipment sectors. Endurance develops leadership and strategic capabilities within small and medium-sized organizations that help their partners operate their businesses faster, smarter, cheaper, better.

About Howco Distributing Co.

Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.

About Drone USA, Inc.

Drone USA, Inc. (OTCQB: DRUS), headquartered in West Haven, CT., is a service provider, manufacturer, and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high-quality products and establishing and maintaining life-long customer friendships. Our primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.

[RobbinGood]

$DRUS HUGE News: Drone USA Awarded $1.7 Million Dollar Contract from the U.S. Government Defense Logistics Agency

ACCESSWIREJuly 2, 2018

WEST HAVEN, CT / ACCESSWIRE / July 2, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the"Company"), a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing Co ("Howco"), was awarded a three year 1.7 million dollar contract from the US Government's Defense Logistics Agency with an option to extend for an additional two years for trailer support components.

Michael Bannon, Drone USA's Chief Executive Officer, commented, "We are delighted to receive this contract. With their dedication and strong work ethic, our Howco team made this happen. I am proud of all of them."

Matt Wiles, Howco's VP of Business Operations, stated, "Our ability to work as a team is what separates us from our competitors. A contract this one doesn't just happen in our sales department; it happens because our sales department and fulfillment team are in lockstep with one another"

Lindsay Somica, Howco's Sales Manager, stated, "This particular solicitation was a labor of love. The award was for a small local OEM. We worked closely with them to obtain fair pricing, which we secured for the length of the five-year contract in order to avoid any issues that could arise in our offer. Three rounds of strategic negotiations with the DLA over six months sealed the deal."

About Howco Distributing Co.

Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.

About Drone USA, Inc.

Drone USA, Inc. (OTCQB: DRUS), headquartered in West Have, CT., is a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Our primary markets U.S. police, firemen, U.S. industry and the U.S. Government.

Forward-Looking Statements

Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans", "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.

Contacts:

Michael Bannon
Chief Executive Officer
[e-mail]

Hayden IR
Investor Relations
[phone]
[e-mail]

SOURCE: Drone USA, Inc.

[Chartmaster]

Drone USA's Subsidiary Howco Distributing Co. Through Its ''Labor of Love Customer Relations Model'' Increases Contract Annual Award Rate 449%

https://www.accesswire.com/504979/

Drone-USAs-Subsidiary-Howco-Distributing-Co-Through-Its-Labor-of-Love-Customer-Relations-Model-Increases-Contract-Annual-Award-Rate-449
WEST HAVEN, CT / ACCESSWIRE / July 11, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing CT ("Howco"), increased contract award win rate by 449% through its Labor of Love Customer Relations Model.

Michael Bannon, Drone USA's Chief Executive Officer, commented, "I couldn't be prouder of our Howco team. In the late 1980s when my father started our family business, he taught me an important lesson. He said, "when a customer calls us they have a problem, their problem travels over the phone line and into our office. Their problem is now our problem. We solve it and it never goes back to the customer." That idea is so central to what Lindsay has coined as our Labor of Love Customer Relations Model. We make our customer's jobs easier by solving their problems."

Matt Wiles, Howco's VP of Business Operations, stated: "This happens because we don't just sell parts, we build relationships. We could not do this without having great partners on the other end of the supply chain."

Lindsay Somics, Howco's Sales Manager, stated, "Matt and I have had quarterly meetings with one of our key suppliers discussing growth opportunities and making sure everyone is on top of their game to equally benefit all the players. I think the numbers speak for themselves."

Contract totals for the last three years:

2016: $36,690.60
2017: $192,981.01
2018: $1,058,536.25

There were 52 contracts awarded to Howco since June 1, 2018, totaling $199,466.50.

About Howco Distributing Co.

Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.

About Drone USA, Inc.

Drone USA, Inc. (OTCQB: DRUS), headquartered in West Have, CT., is a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Our primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.

Forward-Looking Statements

Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.

Contacts:

Michael Bannon
Chief Executive Officer
[e-mail]

Hayden IR
Investor Relations
[phone]
[e-mail]

SOURCE: Drone USA, Inc.

[trades4ever74]

1.7 million dollars. Is that a joke. The AS is 1.5 billion which will soon be maxed out lol. How do you spread 1.7 million dollars across 1.5 billion shares. Its like if I had a company and I said I have a ten dollar contract with the US government lol. The only difference would be my contract is actually better only one share and I own it lol. Thats not good news at all.