Business
Drone USA's Path to Profitable Growth
Drone USA's Path to Profitable Growth.
About this update from Bantec Inc.
[{"type":"text","content":"\n \n Drone USA, Inc. (OTCQB:DRUS) released the following letter to its \n shareholders today detailing profitable growth strategies focusing on \n three vantage points.\n \n \n The text of the letter follows:\n \n \n Dear Shareholders,\n \n \n I wanted to share with you three exciting profitable growth strategies \n we are working on. We are attacking growth from three vantage points:\n \n \n 1) Police & U.S. Government Drone Sales\n \n \n 2) Growing Howco’s Product Line & Footprint\n \n \n 3) Acquiring Companies that Broaden Our Product and Customer Base\n \n \n 1) Police Drone Sales\n \n \n As we stated in our press release two weeks ago, we demonstrated our \n Cyclops and Shadow Police drones for several police departments on \n Jennings beach in Fairfield, Connecticut. On that very same beach, a few \n weeks later, I am very sad to say two fishermen drowned not far from \n where we filmed the ship wreckage. Our thoughts and prayers go out their \n families. We need to get first responders our drones so they can \n quickly locate and deliver rescue equipment within minutes of a distress \n call. It is our mission to help first responders to prevent \n tragedies like the one on Jennings beach. We are currently modifying our \n Shadow drone so it can deliver an inflatable.\n \n \n Back in August, we displayed and demonstrated our drones at the \n Connecticut SWAT competition in Simsbury, Connecticut. We also are now \n actively negotiating sales with several departments that competed in \n that competition.\n \n \n At the end of summer, we sponsored and filmed the New Jersey Essex \n County Chief of Police Association’s golf outing. It had rained, very \n hard at times, during the entire event. Fortunately for us, but not the \n golfers, we were able to demonstrate the water resistant feature of our \n Shadow Police Drone. Most drones on the market today are not water \n resistant. The Shadow and Cyclops drones are water resistant.\n \n \n 2) Howco Growth Strategy\n \n \n We are exploring three ways to increase sales and profit at our \n subsidiary Howco:\n \n \n \n First, we are looking at the U.S. Government’s commitment to upgrade \n its nuclear arsenal. The Trump administration announced that the U.S. \n Government will spend in excess one trillion dollars to upgrade the \n U.S. nuclear arsenal. H...