Drone USA's Path to Profitable Growth

NEW YORK — (BUSINESS WIRE) — September 21, 2017 — Drone USA, Inc. (OTCQB: DRUS) released the following letter to its shareholders today detailing profitable growth strategies focusing on three vantage points.

The text of the letter follows:

Dear Shareholders,

I wanted to share with you three exciting profitable growth strategies we are working on. We are attacking growth from three vantage points:

1) Police & U.S. Government Drone Sales

2) Growing Howco’s Product Line & Footprint

3) Acquiring Companies that Broaden Our Product and Customer Base

1) Police Drone Sales

As we stated in our press release two weeks ago, we demonstrated our Cyclops and Shadow Police drones for several police departments on Jennings beach in Fairfield, Connecticut. On that very same beach, a few weeks later, I am very sad to say two fishermen drowned not far from where we filmed the ship wreckage. Our thoughts and prayers go out their families. We need to get first responders our drones so they can quickly locate and deliver rescue equipment within minutes of a distress call. It is our mission to help first responders to prevent tragedies like the one on Jennings beach. We are currently modifying our Shadow drone so it can deliver an inflatable.

Back in August, we displayed and demonstrated our drones at the Connecticut SWAT competition in Simsbury, Connecticut. We also are now actively negotiating sales with several departments that competed in that competition.

At the end of summer, we sponsored and filmed the New Jersey Essex County Chief of Police Association’s golf outing. It had rained, very hard at times, during the entire event. Fortunately for us, but not the golfers, we were able to demonstrate the water resistant feature of our Shadow Police Drone. Most drones on the market today are not water resistant. The Shadow and Cyclops drones are water resistant.

2) Howco Growth Strategy

We are exploring three ways to increase sales and profit at our subsidiary Howco:

  • First, we are looking at the U.S. Government’s commitment to upgrade its nuclear arsenal. The Trump administration announced that the U.S. Government will spend in excess one trillion dollars to upgrade the U.S. nuclear arsenal. Howco is perfectly positioned to assist with that goal. Billions of dollars will be sourced through the DLA and other government sourcing avenues where Howco gets many of its contracts. We are immediately expanding our search across the all U.S. bid boards for items used to upgrade the U.S. nuclear arsenal.
  • Second, we are on the hunt for companies that want to source to the U.S. government but don’t know how. We can help these companies become registered suppliers to the U.S. government. We can guide these companies through the red tape and ultimately re-package their products according to complex government specifications and help them grow their bottom lines while growing ours simultaneously.
  • Third, we are looking to expand our foot print by opening up two new distribution centers – one in the southeast, possibly Louisiana and the other in Connecticut or New Jersey. Our pricing advantage stems from our close proximity to our suppliers. The closer we are to our suppliers the lower the inbound shipping cost. The lower the cost the more competitive we are.

3) Acquisition Strategy

We are looking to acquire companies that ultimately increase our customer base, add additional products and at times complement or enhance our drones. For example, we are looking at companies that install two-way radios in squad cars. This type of company will increase our customer base, the product and service we offer and enhance our product. This type of acquisition can help us fulfill a goal we have: to put a drone in every squad car in the United States. After the two-way radio is installed, our team of experts can install and integrate our mini-shadow, which is in development, into the car and its computer system. Imagine as the officer heads toward and arrest, the drone follows the officer filming his or her every activity. Or a criminal has run off and is in hiding, the drone finds the criminal with its thermal camera. The drone will also be equipped with a loud speaker, search lights and police lights.

Thank you all for your support.

Respectfully Submitted,

Michael Bannon
Chairman/CEO



Contact:

Drone USA, Inc.
Michael Bannon
Chief Executive Officer
Email Contact




Review Article Be the first to review this article
Featured Video
Editorial
Jobs
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
GIS Specialist for Schneider Geospatial at Indianapolis, Indiana
Senior Highway Engineer for RS&H at Jacksonville, Florida
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Assistant Professor in Applied GIS for University of San Diego at San Diego, California
Upcoming Events
Canadian Manufacturing Technology Show 2021 at The International Centre (Hall 2) 6900 Airport Road Mississauga, Ontario L4V 1E8 Canada - Oct 4 - 7, 2021
Houstex 2021 at George R. Brown Convention Center Houston TX - Oct 5 - 7, 2021
Autodesk University 2021 | Free digital conference at United States - Oct 5 - 14, 2021
HxGN Live Design & Engineering 2021 - Virtual at United Kingdom - Oct 12 - 14, 2021



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise