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I'm Samantha Deutscher for Investmentpitch.com
Security Devices International is the latest new listings on the TSX Venture Exchange,
and will trade under the symbol SDZ. The company already trades on the OTCQX under the symbol
SDEV.
A prospectus was filed in Canada, with Macquarie Private Wealth placing 9,984,950 shares at
$0.40, raising the company $3.99 million in gross proceeds.
The prospectus is available for viewing on Sedar.com.
The company, in existence since 2005, was formed to develop non-lethal solutions to
agencies seeking an alternative to existing less effective non-lethal ammunitions on the
market.
It is in the market-entry phase of deploying their family of innovative, next generation,
non-lethal ammunition to global military, law enforcement and correctional agencies.
The company's blunt impact projectile is designed to provide an alternative to previous blunt
impact solutions such as foam, sponge and rubber bullets.
The expansion of the head enables force to be applied to an increased body impact area,
covering a large surface area of nerve endings, creating increased pain, while dispersing
the inertia.
The collapsible head can be filled with such things as marking powder, semi-permanent marking
liquid, and pepper spray.
The company's wireless electric projectile which can cover distances up to 165 feet was
developed to answer the growing need for an effective, wireless, extended range electrical
incapacitation solution.
When the projectile engages a target, its multiple mini-harpoon mechanism is released,
affixing to the target's clothing or body, releasing a high voltage, low energy pulse
which imitates the electro-neural impulses used by the human body.
This results in an immediate harmless muscle spasm, causing the subject to comply with
authorities.
There are 46.8 million shares outstanding, and given its current price of $0.40, the
company is capitalized at $18.7 million.
For more information on Security Devices, please visit their website at www.securitydii.com
or contact Dean Thrasher COO at 905-582-6402 or email info@securitydii.com.
I'm Samantha Deutscher for Investmentpitch.com For more video news, and to view our disclaimer,
please visit our website at www.investmentpitch.com This video is for information purposes only
and it not a recommendation to buy or sell any securities