LAS VEGAS, NV / ACCESSWIRE / March 14, 2017 / Defense Technologies International Corp. (DTII) (the "Company"), a developer of security technologies, cancels its application for a reverse split.
The Company previously filed a notification with FINRA for a proposed reverse stock split of the Company's issued and outstanding common stock. Due to certain circumstances related to the filing and the inability to secure final approval of the action, the Company has decided not to pursue effectiveness of the stock split.
The Company's Business - The Offender Alert Passive ScanTM
The Company's "Offender Alert Passive ScanTM" is a "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, 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 Offender Alert Passive ScanTM scanner 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.
Our Website: http://www.defensetechnologiesintl.com/
This news release contains certain statements that may be deemed "forward-looking" statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," and similar expressions, or that events or conditions "will," "would," "may," "could," or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, or opinions, or other factors, should change.
Defense Technologies International
Merrill W. Moses
President & CEO
Phone: 800 520-9485
SOURCE: Defense Technologies International Corp.