Filing Worth Mentioning Today: Blastgard International Inc Has Another Bullish Trade, 2538093 Ontario Inc Bought Stake!

Filing Worth Mentioning Today: Blastgard International Inc Has Another Bullish Trade, 2538093 Ontario Inc Bought Stake!

The New 2538093 Ontario Inc Holding in Blastgard International Inc

2538093 Ontario Inc filed with the SEC SC 13D form for Blastgard International Inc. The form can be accessed here: 000149315216015434. As reported in 2538093 Ontario Inc’s form, the filler as of late owns 59.3% or 13 shares of the -company.

Blastgard International Inc stake is a new one for the and it was filed because of activity on November 14, 2016. We feel this shows 2538093 Ontario Inc’s positive view for the stock.

Business Profile

BlastGard International, Inc. designs and markets blast mitigation materials. The Company develops and markets BlastWrap products to protect people and property against explosive forces. The Company’s subsidiary, HighCom Security, Inc. (HighCom), is a provider of security equipment and is engaged in ballistic armor manufacturing. HighCom provides a range of security products and personal protective gear. Its protective gear includes shields, helmets, vests and plates, which provide police and military with the protective gear they need to do their jobs. Its security products include Striker ballistic helmets, Guardian hard armor plates, Ballistic soft armor vests, Bellfire ballistic shields, Civilian Armor System ballistic panels and Stingray ballistic blankets. It caters to local law enforcement agencies, correctional facilities and municipal authorities, as well as corporations.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

It is down 20.00% since April 26, 2016 and is downtrending. It has underperformed by 25.33% the S&P500.

BlastGard International, Inc. designs and markets blast mitigation materials. The company has a market cap of $3.09 million. The Firm develops and markets BlastWrap products to protect people and property against explosive forces. It has a 3.96 P/E ratio. The Company’s subsidiary, HighCom Security, Inc. , is a well-known provider of security equipment and is engaged in ballistic armor manufacturing.

More notable recent BlastGard International Inc. (OTCMKTS:BLGA) news were published by: Marketwired.com which released: “HighCom Security Announces Three Body Armor Models That Comply With DEA Hard …” on April 29, 2014, also Bizjournals.com with their article: “Drake & Klein merges with Peter Messineo” published on January 07, 2013, Prnewswire.com published: “Betafence Accelerates International Growth Strategy With Acquisition of Hesco” on March 03, 2016. More interesting news about BlastGard International Inc. (OTCMKTS:BLGA) were released by: Prnewswire.com and their article: “Regulatory Approval Received for Betafence Acquisition of Hesco” published on July 08, 2016 as well as Prweb.com‘s news article titled: “11th Annual Homeland Security Professionals Conference Focuses on Islamic …” with publication date: October 04, 2016.

According to Zacks Investment Research, “BlastGard International, Inc. creates, designs, develops, manufactures and markets proprietary blast mitigation materials. The Company’s patent-pending BlastWrap technology effectively mitigates blast effects and suppresses post-blast fires. This unique technology can be used to create new, finished products or be used to retrofit to existing products. The Company’s core market focus is on blast effects mitigation for the commercial sector, military, law enforcement and government agencies. BlastWrap products are made from two flexible films arranged one over the other and joined by a plurality of seams filled with attenuating filler material configurable with an extinguishing coating that offers a revolutionary blast protection system against Blast & Fire/burn threats. BlastWrap is a blast mitigation assembly that can be wrapped around or conform to any shape. BlastWrap is a concept from which blast protection products are built to save lives and reduce damage to valuable assets from explosions.”

BLGA Company Profile

BlastGard International, Inc., incorporated on June 28, 1999, creates and markets blast mitigation materials. The Firm develops and markets BlastWrap products to protect people and property against explosive forces. The Company’s subsidiary, HighCom Security, Inc. (HighCom), is a well-known provider of security equipment and is engaged in ballistic armor manufacturing. HighCom provides a range of security products and personal protective gear. The Company’s protective gear includes shields, helmets, vests and plates, which provide police and military with the protective gear they need to do their jobs. The Company’s North American customer base includes the Department of Defense and the Department of Homeland Security. It caters to local law enforcement agencies, correctional facilities and municipal authorities, as well as firms.

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