Nealio
5月前
It is some kind of clause to keep anyone from taking an activist role against company? I don't like the people running this company...and they are just sucking it dry in my opinion. There have been 2 very marketable products created...and then mismanaged...do shareholders have any recourse? have you ever been able to contact anyone of note at the company? I have only received one email response...and that was 2-3 yrs ago. Here is a copy of that email; I've responded 3 times since then, asking for info about why there is no viable business plan by USDR. No response. I'm thinking to try and call one of these underperforming management team.
Invest Duke Robotics Inc.
Thu, Jul 8, 2021, 7:47?PM
to me, Invest
Dear Mr. Eberly
Company is indeed active.
You can follow the Company SEC filing at -
https://www.sec.gov/cgi-bin/browse-edgar?company=uas+drone&match=contains&action=getcompany
Company releases announcements and news when relevant and these can be followed on yahoo finance
https://finance.yahoo.com/quote/USDR/ and other financial information services.
Best regards,
UAS Drone Corp.
Duke Robotics Team
On Fri, Jul 9, 2021 at 12:05 AM Neal Eberly wrote:
Does your company exist? Can you at least confirm you are an operating company?
Thank you.
On Thu, Jul 1, 2021 at 2:14 PM Neal Eberly wrote:
Hi, I'm an investor in USDR...considering selling my shares since there is so little comm from your company. Can we fix that? How can I talk to your CEO or an IR person about your company's plans in 2021 and 2022??
Can you tell me anything about company plans?
Can you give me contact info for someone?
Best regards,
Neal
beenhadbefore
5月前
I saw the warrant extension for some more time. So, I guess the gave back a higher exercise price. But, I can't wrap my head around this....
I can't figure out this part I enclosed it with 4 brackets ((((I'm getting old I guess))))
Item 1.01. Entry into a Material Definitive Agreement.
On June 20, 2024, UAS Drone Corp. (the “Company”) entered into a warrant amendment agreement (the “Warrant Amendment Agreement”), with certain existing warrant holders (the “Holders”) of certain common stock purchase warrants, issued by the Company to such Holders in connection with certain securities purchase agreement, dated as of May 11, 2021, by and between the Company and each such Holder. Such warrants were previously amended by certain warrant amendment agreements, dated as of November 5, 2022 and as of November 1, 2023. According to the Warrant Amendment Agreement the Company and Holders agreed to (i) extend the warrant exercise term to May 11, 2026; (ii) amend the warrant exercise price and increase it from $0.40 per share to $0.65 per share; ((((and (iii) include a beneficial ownership blocker that limits the exercise of such warrants if such exercise would result in the holder beneficially owning in excess of 19.99% of the number of shares of the Company’s common stock immediately after giving effect to the issuance of shares of common stock issuable upon exercise of the warrant.))))
The foregoing summary of the Warrant Amendment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Warrant Amendment Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference to this Current Report on Form 8-K (the “Report”).
Item 3.03. Material Modification to Rights of Security Holders.
The information contained in Item 1.01 and Exhibit 10.1 to this Report are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Source:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1638911/000121390024054982/ea0208167-8k_uasdrone.htm
beenhadbefore
10月前
I bought some more in the 10. - 11. prices range wasn't as lucky to get any of the .08 stuff. But, they filed a updated the 13D on 1/29/2024. So, I think something is going on otherwise why update it. But Items 3 and 4 are missing Items 1,2, 5, 6 and 7 are there - just no 3 and 4??? why not those are the most important items (explains what's going on with share changes and why) pretty important. Plus, on the 13D's last page, a list of all who own 5% or more. So, for the heck of it I looked them up. To my surprise they are all serious at making money and all of them are involved in publicly listed stock exchange traded funds. So, USDR seems to me to be a pet-project (personal issue) and I don't think failure is an option for them. Because their funds funded this deal. Worst case they'll merge it into something like AI with the $2.6 million still on the books and make us a ton of cash, who knows. But, I highly doubt they let this deal just blow away since their own funds have money at risk. That's why I added. But, I could be wrong.
13D filed 1/29/2024
https://www.sec.gov/Archives/edgar/data/1638911/000117891324000253/zk2330709.htm
Nealio
2年前
Information about the Investor Relations person they hired on contract, per quarterly report about a year ago. This points to increased business activity, a likely increase in PR about the company, financing deals, and USDR being a strong acquisition prospect.
From the OTC QB Certification filed April 4, 2023-
"The following is a complete list of third-party providers, engaged by the Company, its officers, directors or controlling
shareholders, at any time during the last complete fiscal year and any interim period between the last fiscal year end
and the date of this OTCQB Certification, to provide investor relations services, public relations services, marketing,
brand awareness, consulting, stock promotion, or any other related services to the Company. Please include the
following items in this list: firm name, firm address, primary contact name and description of services
provided. If none, please state “None”.
Laurel Moody, Corporate Profile LLC, 1185 Avenue of the Americas, New York NY 10036. Services included: (i)
prepare, review and arrange company presentations and materials; (ii) PR review; (iii) arrange calls and zoom
meetings with brokers and individual investor groups and introductions to Portfolio managers and family offices; (iv)
provide Investor and consulting services with respect to positioning company’s equity in the public markets and media
relations."
Tahoe2468
2年前
NEWS: $EPAZ Drone Sector to Get Boost from Expanding Applications and Budgets in Military
Published: March 27, 2023 at 4:59 a.m. ET
Naples, FL, Mar 27, 2023 (News Direct via Comtex) -- --News Direct--
MarketWatch News Department was not involved in the creation of this content.
The military drone market is one of the fastest-growing at the moment. It is expected to hit $20.64 billion in 2027 from the current $14.54 billion. While it has a powerful driver of increasing government spending, the growing number of border disputes between countries over who owns what land and who controls the space between them is yet another factor behind the growing demand for UAVs.
The companies that can ramp up manufacturing and production of UAVs fast have by far the strongest potential to win government contracts and market share in defense. The market offers a lot of potential as the application of military drones has expanded from operations, surveillance, mapping, communication to military equipment delivery. Drones are used more and more in combat operations, and as anti-terrorism weaponry, and this sector should be on the radar of investors as it offers a lot of opportunities.
We’re going to focus on four stocks in the sector today; EPAZ, USDR, BAESY, and ESLT
Epazz, Inc. (OTC: EPAZ) is a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions. Its spinoff, ZenaDrone is the autonomous drone monitoring, inspection, and surveillance solution provider. Epazz Holdings is currently prioritizing developing the ZenaDrone 1000 autonomous drone product, a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors and AI technology. ZenaDrone uses the data captured from its cameras to create a 3D interactive environment.
On March 23, Epazz announced ZenaDrone was presented in front of various branches of the U.S. military. The military’s response has led to additional flight demonstrations with the U.S. Army.
In addition, Epazz said it is s filing a new international patent for the ZenaDrone 1000 platform, which is separate from the drone smart charging pad patent that it has already received on March 7. ZenaDrone is in the process of qualifying for Green UAS certification, which is a new US government compliance program, a crucial step for becoming a government provider of drone technology.
CEO Shaun Passley, Ph.D., said, “We have picked up the interest of the US Army for flight demonstrations and have discussions, which have been to the next level of other branches of the US military. We are excited about our process and looking to move to the next level of this company.”
Epazz Holding has a significant revenue potential related to government contracts with the US military, particularly once it receives all the necessary certifications.
UAS Drone Corp. (OTC: USDR), a company which designs, develops, and manufactures unmanned aerial systems to the law enforcement, security, oil and gas, cinematography, and agriculture sectors, primarily to customers in the US.
The subsidiary of UAS Drone Corp., Duke Robotics, has launched an IC Drone, a cost-efficient drone technology for conducting routine maintenance of critical infrastructure.
Duke Robotics has also developed TIKAD, an advanced robotic system designed to serve the growing need for tech solutions in the combat field. The proprietary complex kinematic algorithms that TIKAD is equipped with address the need of modern warfare to bear arms remotely on hostile targets without risk to military personnel. TIKAD can handle potentially dangerous situations from the air.
BAE Systems (OTC: BAESY) specialises in aerospace, security, and armaments. It develops security, defense, and aerospace technology systems for use in the air, on land, and at sea, including unmanned systems and drones.
On Feb. 28 BAE Systems unveiled a new uncrewed military aircraft that will be designed, manufactured and armed in Australia. The STRIX uncrewed air system will be capable of air-to-ground strikes, surveillance and reconnaissance in "high-risk environments."
This new UAV will offer support to military helicopters protecting their crews in dangerous environments.
Elbit Systems Ltd. (NASDAQ:ESLT) is an Israel-headquartered technology company, involved in numerous defense, homeland security, and commercial programmes. Its products include unmanned aircraft systems, command, control, computing, and communications (C4ISR), and aerospace, land, and naval systems.
The UK Ministry of Defense has contracted Elbit Systems UK to supply Magni-X micro-Uncrewed Aerial Systems (micro-UAS). The agency’s Defense Equipment and Support's Future Capability Group awarded the contract as part of the British Army's Human Machine Teaming framework.
The Australian Army has awarded Elbit Systems a contract to supply Skylark I LEX unmanned aerial systems (UAS). According to the company, the drones will be equipped with electro-optical and automatic dependent surveillance–broadcast systems to support various missions. Elbit Systems’ Skylark is a fully-autonomous, electric-propelled UAS that features a mission-oriented and intuitive man-machine interface with advanced image processing capabilities and the ability to deliver high-quality video day or night.
Conclusion
The market for military drones has strong drivers, as global military operations switch from relying on manned systems to increasingly relying on autonomous solutions.
This switch is due to a key advantage of military drones - their ability to operate in dangerous or hard-to-reach areas without risking human lives. Investors should pay attention to this growing market segment as it offers plenty of opportunities going forward.
CapitalGainsReport is a financial website for investors seeking nanocap and microcap opportunities. We cover macroeconomic news, sector plays, company news, technical analysis, market action alerts, and catalysts that drive price action. Please visit our site at CapitalGainsReport.com
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View source version on newsdirect.com: https://newsdirect.com/news/drone-sector-to-get-boost-from-expanding-applications-and-budgets-in-military-743731150