Patriot One Technologies Comments on Recent Trading Activity
11 October 2018 - 5:28AM
Patriot One Technologies Inc. (TSX.V: PAT)
(OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”),
is issuing this press release at the request of the Investment
Industry Regulatory Organization of Canada (IIROC) in regard to
recent market activity.
Management is not aware of any material change
in the Company’s business or affairs that would account for the
recent share price movement or trading volume of the Company’s
common shares. The Company has no material information to report at
this time.
The Company is presently pursuing a number of
acquisition transactions, which transactions are at various stages
of development. Any such transaction will be fully disclosed if and
at such time as it becomes material information regarding the
Company.
ON BEHALF OF THE BOARDMartin Cronin, President
and CEO Patriot One Technologies Inc.
About Patriot One Technologies, Inc.
(TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):Patriot One has
developed the PATSCAN™ next generation software and sensor solution
for the covert detection of weapons threats. Designed as an
innovative and effective platform to combat active shooter threats
before they occur, the system features the award-winning PATSCAN™
CMR cognitive microwave radar system. Built for cost-effective
deployment in weapon-restricted buildings and facilities, the
Patriot One software solution and related hardware systems can be
installed at key access points to covertly identify weapons and to
alert security for the intervention of active threat events before
they commence. Owner/operators of private and public facilities can
now prominently post anti-weapons policies with compliance assured.
The Company’s motto Deter, Detect and Defend is based on the belief
that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active
shooters across the globe. For more information, visit:
www.patriot1tech.com. Patriot One Technologies are proud winners of
the 2017 Anti-Terrorism / Force Protection category of the Security
Industry Association’s New Product Showcase at ISC West.
For further information, please contact:
Patriot One Inquiriesinfo@patriot1tech.com
www.patriot1tech.com
Investor RelationsJohn Martin+1 (888)
728-1332johnm@patriot1tech.com
CAUTIONARY DISCLAIMER
STATEMENT:
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
This news release contains forward-looking
statements relating to potential acquisition transactions proposed
by the Company, and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
failure to satisfy the conditions of the relevant securities
exchange(s) and other risks detailed from time to time in the
filings made by the Company with securities regulations. The reader
is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of the Company. The reader is cautioned not to place undue
reliance on any forward-looking information. Such information,
although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release and the Company will update or revise publicly any of the
included forward-looking statements as expressly required by
applicable law.
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