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Hawkeye Systems Inc. reports corporate repositioning and governance changes as an OTC public company. Recent company updates describe a controlling-investor change, an expanded board, and a strategic shift toward private equity, merchant banking and advisory activities focused initially on crypto, blockchain and cybersecurity.
The company’s technology disclosures also include Rift Cyber LLC, a subsidiary formed to develop tools at the intersection of physical and digital security. Recurring news themes include board composition, strategic realignment, material agreements and technology initiatives tied to cybersecurity and digital-asset markets.
Hawkeye Systems, Inc. (OTCQB: HWKE) has finalized the terms for the purchase of 100% of IKON Supplies, with a definitive agreement expected to be signed within a week, effective March 1, 2021. CEO Corby Marshall expressed excitement about expanding their team and capabilities. The acquisition will lead to the formation of a trading division focused on PPE and technology sales. Hawkeye aims to shift its development towards technology-based opportunities in response to market changes and plans to pursue additional acquisitions in the PPE sector.
Hawkeye Systems, Inc. (OTCQB: HWKE) announced corporate updates aimed at expanding its footprint in pandemic management and PPE markets. CEO Corby Marshall emphasized plans for strategic acquisitions and increasing revenue streams. Key achievements include a Letter of Intent to acquire IKON Supplies, partnerships for manufacturing FDA-approved sanitizer and N95 masks, and a project to produce 5.4 million boxes of nitrile gloves annually. The company aims for an SEC-compliant status by mid-February 2021. Notably, a $9 million PPE order was canceled due to supply misrepresentation.
Hawkeye Systems, Inc. (OTCQB: HWKE) filed its 10-K for the fiscal year ending June 30, 2020. CEO Corby Marshall announced a commitment to effective compliance and operations, aided by new CFO Christopher Mulgrew, who aims to ensure timely statutory filings. The company is engaged in acquisition talks with IKON Supplies and anticipates starting due diligence soon. Material commercial transactions are expected to commence in Q3 2021. The forward-looking statements caution that various factors may affect business performance, including competition and financing.
Hawkeye Systems, Inc. (OTCQB: HWKE) announced that its manufacturing partner, DemeTECH, received NIOSH certification for US-manufactured N95 masks. This certification, a significant validation of quality, positions Hawkeye to capitalize on production capacity and logistical advantages over foreign competitors. CEO Corby Marshall emphasizes the importance of this achievement in supporting US pandemic response and enhancing shareholder value. DemeTECH, known for its surgical products, is expanding into PPE, highlighting its commitment to USA-made goods.
Hawkeye Systems, Inc. (OTCQB: HWKE) reports progress in its partnership with DemeTECH, a U.S. manufacturer of medical devices. They have developed an ASTM level three surgical mask, now FDA-approved, and are working on N95 masks submitted for NIOSH certification. CEO Corby Marshall emphasized the importance of U.S.-manufactured PPE to address supply chain challenges during the pandemic. This collaboration aims to enhance domestic production and reduce reliance on foreign suppliers.