Defense Technologies International Corp. - Full and Final Settlement with Firstfire Noteholder
Del Mar, California--(Newsfile Corp. - May 14, 2019) - Defense Technologies International Corp. (OTC Pink: DTII) ("the Company"), an innovative provider of security technology with broad and diverse applications, is pleased to announce the settlement with Firstfire Global Opportunity Fund.
The Company executed a Settlement Agreement with Firstfire Global Opportunities Fund LLC and thereby reduced its general outstanding debt by $102,500.00.
With this the Company expects to establish a more stable market and increase investor confidence.
For details on the settlement with Firstfire please see:
The Company is moving closer to its goal to the start of full production and sales.
We are pleased to present the Company's Subsidiary's Video Production of the "Passive Portal", the Company's walk-through, passive weapons and metal detector scanner.
Corporate Video: https://youtu.be/rFV6Y1tOdG4
Technical Video: https://youtu.be/uv4EYsjUmL4
Small Cap Corner: https://video214.com/play/6UOwWXj9ShcTz8Zq40uvLQ/s/dark?fbclid=IwAR0DzvLBxU5J1p5VsfuF94xQp5G2-O4HyQHpbGbDB8gMqjOVu0-PYUrcouA …
For more information on the Passive Security Scan Technology and the Passive Portal, please visit http://www.defensetechnologiesintl.com/
The "Passive Portal" technology is based on the 'Earth's Magnetic Fields' with no emissions emitted for detection and is therefore extremely safe for any person passing through the 'Passive Portal'. The Passive Security Scan system uses highly developed field sensing technology using patented methods to sense and pin point the location of contraband detected.
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.
Contact: Defense Technologies International
Merrill W. Moses, President & CEO
Phone: 800 520-9485
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44767