Beliss Stock Price, News & Analysis

NAPC Defense (OTC PINK:BLIS) has signed a Master Distributor agreement with Lamperd Less Lethal for sales and distribution of Lamperd's full product line and training services to law enforcement, military, and government agencies globally. Lamperd holds NATO Commercial and Government Entity Code and Federal Business Firearms License, being among few manufacturers with these approvals. NAPC Defense, founded by a Service-Disabled Veteran, is licensed to broker munitions and military hardware, with expertise in government contracting and operations in Ukraine and Middle East markets. The partnership enables NAPC to add less-lethal solutions to its existing security products portfolio.

NAPC Defense (OTCPK: BLIS) announced its participation in the 2024 SWAT Round-Up International Convention in Orlando, Florida. The company will showcase its Corner Shot apparatus, Scorpion apparatus, and Extremis lightweight body armor at booth 103 from October 29-31. Live fire and tactical skills demonstrations of Corner Shot will be featured. The event, celebrating its fortieth anniversary, is one of the largest security conventions, providing NAPC an opportunity to demonstrate its products to law enforcement and military personnel from around the world.

NAPC Defense (OTCPK: BLIS) has secured contracts worth over $1 million for hurricane clean-up efforts following Hurricanes Helene and Milton. The work is scheduled for completion within 60-90 days. The company has an additional $2 million in pending awards for construction and clean-up in the Tampa Bay area. NAPC expects this type of work to continue for at least 3 more years, supporting community restoration efforts they have been providing for 9 years.

NAPC Defense, Inc. (OTCPK: BLIS) has reported progress on its $370 million contract with Saudi Arabia for 37,000 CornerShot units. The company recently conducted successful demonstrations at the Tabuk military installation, with two more scheduled in November. The final contract is expected to include a technology transfer agreement over five years, providing NAPC with additional fees.

NAPC plans to attend the National SWAT Team show in Florida and anticipates live fire demonstrations in Florida and New Jersey. These are expected to generate significant sales in Q1 2025. CEO Kenny West affirmed that sales projections and net profit forecasts for 2025 remain on target.

NAPC Defense, Inc. (OTCPK: BLIS) has provided an update on its progress in Saudi Arabia regarding future plans and CornerShot demonstrations. The company's representatives recently returned from meetings in Europe and Saudi Arabia, where they made progress with potential contracts. NAPC received a $253,000 Purchase Order to support technical activities for CornerShot, drones, and other munitions, including sending personnel to assist the Saudi Ministry of Defense with training.

Due to unexpected military activities on the Saudi Arabian border, civilian access was restricted, preventing the planned CornerShot demonstrations. However, NAPC representatives are expected to return by the end of August for a seven-day demo event to advance an existing large intended order for CornerShot. The company anticipates finalizing agreements for large CornerShot orders following live demonstrations.

NAPC Defense, Inc. (OTCPK: BLIS) has begun a strategic European and Saudi Arabian corporate trip. The company met with defense contracting partners in Germany and other countries for Allied defense supplies. Now in Saudi Arabia, NAPC will demonstrate CornerShot firearm tactical devices and represent other arms technologies.

NAPC received a Letter of Intent from Saudi Arabia for 37,000 CornerShot units, valued at $370 million. The company anticipates a new Definitive Order Agreement following demonstrations. NAPC has exclusive rights to produce and sell CornerShot in Saudi Arabia and the US, with production equipment ordered for near-term manufacturing.

As a licensed munitions broker, NAPC expects orders for Allied and NATO forces, with potential inventory valued over $2.5 billion, yielding 10-20% brokering fees.

NAPC Defense, Inc. (formerly Treasure & Shipwreck Recovery, Inc.) has rebranded and registered a new website. The company is preparing for a visit to Saudi Arabia to showcase The Corner Shot Weapons System and other defense technologies. NAPC is engaged in government contracting, arms sales, and arms technology development for both domestic and international markets, with a focus on Saudi Arabia. The company anticipates significant revenue growth through upcoming deals and product lines.