the world’s only handheld gunpowder detection device · 10 management team bill was the former...
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The World’s Only Handheld Gunpowder Detection Device
FORWARD LOOKING STATEMENT
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This corporate presentation and the information contained herein (the “Presentation”) is confidential, proprietary and for authorized use only. It is being provided for the use of prospective investors solely for such investors’ confidential use, with the express understanding that, without the prior permission in writing from Drawdown Detection (“Drawdown Detection” or the “Company”), the investor will not copy this document or any portion of it or use any information contained herein for any purpose other than evaluating a potential investment in securities of Drawdown Detection. Under no circumstances are its contents to be reproduced or distributed to the public, media or potential investors without written authorization from the Company. Any failure to comply with this restriction may constitute a violation of applicable securities laws. Recipients are required to inform themselves of, and comply with, all such restrictions or prohibitions and Drawdown Detection does not accept liability to any person in relation thereto.
This Presentation provides general background information about the activities of Drawdown Detection. Information disclosed in this Presentation is current as of September 24, 2019, except as otherwise provided herein and Drawdown Detection does not undertake or agree to update this Presentation after the date hereof. All information is derived solely from management of Drawdown Detection and otherwise publicly available third-party information that has not been independently verified by the Company. Further, it does not purport to be complete nor is it intended to be relied upon as advice (legal, financial, tax or otherwise) to current or potential investors. Each prospective investor should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice.
No representation or warranty, express or implied, is made or given by or on behalf of Drawdown Detection or any of its affiliates, directors, officers or employees as to the accuracy, completeness or fairness of the information or opinions contained in this Presentation and no responsibility or liability is accepted by any person for such information or opinions. No person has been authorized to give any information or make any representations other than those contained in this Presentation and, if given and/or made, such information or representations must not be relied upon as having been so authorized.
This Presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws. This information and these statements, referred to herein as “forward lookingstatements”, are made as of the date of this Presentation or as of the date of the effective date of information described in this presentation, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, without limitation, statements with respect to Drawdown Detection’s: (i) financial results, future financial position and expected growth of cash flows; (ii) business strategy, including budgets, projected costs, projected capital expenditures, taxes, plans, objectives, potential synergies and industry trends; (iii) research and development, including the Company’s development of its concealed weapons
detection technology and its pepper spray first aid formula, and the success of any clinical trials associated therewith; (iv) expectations concerning the size and growth of the global security/protection market, the effectiveness of the Company’s technology compared to its competitors’ products and the laws and regulations governing the development, production, sale and use of the Company’s technology; and (v) ability to commercialize its products and navigate potential growth opportunities.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", “projects”, “targets”, "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results “likely”, "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking information, including without limitation: (i) the availability and continuity of financing; (ii) the effectiveness of the Company’s technology and the Company’s ability to bring its technology to commercial production; and (iii) continued growth of the global security/protection market; and (iv) a continued minimal regulatory/legal burden concerning the development, production, sale and use of the Company’s technology.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Drawdown Detection and its directors, officers and employees disclaim any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable law. Accordingly, current and potential investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking information is expressly qualified in its entirety by this cautionary statement.
This Presentation does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
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OUR MISSIONEvery gun violence incident is a tragedy.
DrawDown Detection will help eradicate these tragic events..
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THE PROBLEMThere’s a strong correlation between firearms and related homicides; the US ranks first worldwide in gun ownership and has the highest homicide rate in the developed world.
§ Over 250 US cities have experienced at least one mass shooting so far in 2019
§ An average of 1,297 children die annually from gun-related injuries
§ Over 25,000 people have died in gun violence since 2016
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COMPANY OVERVIEW§ DrawDown Detection has developed the world’s only handheld gunpowder detection
device to help prevent gun-related tragedies
§ The device has undergone a successful transition from analog to digital
§ We have engaged Florida-based, Jaycon Engineering to build out the phase I Beta units
§ Multiple phase I Beta test sites targeted, these include law enforcement, schools, sports venues and other public venues. Feedback will be used for phase II of Beta development
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Our goal is to prevent these tragedies from happening by implementing smokeless gunpowder sensors in an ergonomic and easy-to-use handheld device.
THE SOLUTION
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THE TECHNOLOGYEvery round of modern ammunition is made
up of several key components:theprimer
an accelerant:smokeless gunpowder
thecasing
thebullet
Smokeless gunpowder has a unique naturally occurring Ultra Low Frequency non-uniform electric field that passes through normal obstacles including clothing, metal and containers
DrawDown Detection’s Smokeless Gunpowder Sensor captures these emissions
Using DrawDown Detection’s proprietary technology, it lets users know there is gunpowder nearby
Our technology is harmless and non-intrusive as we draw in the signal remitted from smokeless gunpowder.
8HOTELS SPORTS
VENUES SCHOOLS AIRPORTS LAW ENFORCEMENT
PLACES OFWORSHIP
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COMPARISON CHART
Advantage Limited No Capability
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MANAGEMENT TEAM
Bill was the former Senior Vice President for L-3 Security & Detection Systems (NYSE – LHX), the world’s leading supplier of security inspection systems. In this role Bill led global sales, business development and key account management. Prior to this, Bill was the CFO at Vivid Technologies prior to its acquisition by PerkinElmer which led to the eventual sale of the security and detection systems division to L-3 Technologies.
Bill Frain CEO / Director
Daryl has over 15 years of capital market experience and an established international financial network. He was a Vice President and Senior Investment Advisor with Canaccord Genuity. Daryl then went on to serve as SVP of Corporate Finance of a TSX / NYSE.A listed company. Currently Daryl is the President and Co-founder of publically listed Lexagene.
Daryl Rebeck Chairman / Director
Howard Sidman is the Founder & President of DKL International, licensee of technology to DrawDown. Mr. Sidman is a graduate of the United States Naval Academy and has held a variety of senior posts in the United States Navy.
Howard Sidman Director
Jay Adelaar VP of Capital Markets / DirectorJay has over 10 years of capital market experience and was the VP of Investor Relations for an NYSE.A / TSX listed company.
Omar Garcia CFOOmar brings to DrawDown over 20 years of progressive international accounting experience within the public and private markets and was most recently holding the CFO position of a TSX.V listed company.
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ADVISORS
Craig has extensive experience in policing and law enforcement, having served for 32 years with the Royal Canadian Mounted Police (RCMP). He retired at the rank of Deputy Commissioner as Commanding Officer of the British Columbia RCMP, the largest RCMP division in the country, where he had oversight and responsibility for all RCMP operations and administration in the province.
Craig J. Callens
Commissioner Ramsey brings over fifty years of knowledge, experience and service in advancing the law enforcement profession in three different major city police departments, beginning with Chicago, then Washington, DC, and Philadelphia. He is Past President of both the Police Executive Research Forum and the Major Cities Chiefs Association and is the only police professional to receive the Leadership Award from three major law enforcement organizations. In 2015, the City of Philadelphia named the Philadelphia Police Department Training Academy Auditorium, the Charles H. Ramsey Training and Education Auditorium. A U.S. Postage Stamp bearing his likeness was approved by the United States Congress in his honour.
Charles H. Ramsey
Rick StanleyRick is a former Massachusetts Chief of Police with over 38 years of experience in law enforcement with extensive contacts on the East Coast. Rick heads the Massachusetts Chiefs of Police Association.
John FrainJohn Frain is currently the Senior Security Director for the NFL team, Cleveland Browns. He has over 28 years of experience with the FBI in Washington, DC, Chicago and Cleveland.
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THE FUTURE§ Continue to capitalize on our technologies momentum§ Strong patent position with ongoing patents to be filed in the coming
months§ Over $4M raised in 2019 with IPO planned for Q4, 2019§ Commercialization of product targeted for H2, 2020
CAPITAL STRUCTURE§ Fully diluted shares outstanding – 45.2M
Detecting the threat before it becomes an event
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PATENT SUMMARYJan 2018: Patent issued: 9,877,658 (Passive Method and System for Contact and/or Non-Contact With or Without Intervening Materials for Detection). Provides protection for algorithm methods.
Aug 2018: Patent Pending - Provides protection for key component providing selectivity.
Mar 2019: Patent Pending – Provides protection for key detection element.
Next steps: Submit Utility patent applications both broad and specific as technology development progresses.
