Since 2019, Drone Guarder has been silent and hasn’t provided any news. Today on July 14 the company is getting acquired by Video River Networks, Inc (NIHK). Drone Guarder has surged by a full 90% after the announcements of the Video River acquisition. The Drone Guarder is now getting in full ownership to Video River Network.
Video River Networks has agreed to acquire 5,500,000 DRNG Series A preferred shares for $20,000. The deal is made by certain conditions. Video River Networks will pay the necessary fees to reinstate DRNG and include it in the OTC Market. It also agreed to provide a working capital loan to Drone Guarder, which will allow it to complete its operations and bring its products to market.
Moreover, Video River Networks has hired a veteran from Northrop Grumman to increase Ai and Drone working department. The company is thrilled with the idea of enhancement of all the running operations being brought to a higher level. The CEO of Vide River Networks said that the company is thrilled to see what both deals may bring for the future of the company.
Finance and Entertainment Reporter
Richard is a bottle of wine – the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.