 Hi guys, how you doing? This is Rich here on behalf of Rich TV Live and I have another great company that I wanted to talk to you about. It's Patriot One Technologies. Let's get started. So Patriot One Technologies, they're on the TSX. They actually just recently rang the bell on the TSX exchange, Toronto Stock Exchange. Symbol is PAT. Their symbol in America on the OTCQX exchange is P-T-O-T-F and in Frankfurt, Germany the symbol is O-P-L. Patriot One Technologies is an AI, artificial intelligence and machine learning software company which applies its software solutions to hardware for the detection of known threats. For example, rifles, guns, knives, bombs and chemicals. I think that this is a great company. I actually got the pleasure of interviewing the CEO just a few days ago, Martin Cronin. And I was very impressed with what this company is doing. They have a great company that is focused in an industry that has a huge, huge future. Patriot One is working to become one of the foremost proponents and providers of innovative commercial weapons, threat countermeasures solutions for general public safety. With the leading technology, top scientific research support and prudent business leadership, the company aims to quickly build itself into a recognizable brand and leader in the sector. Patriot One Technologies' mission is to deliver innovative threat detection and counterterrorism solutions for safer communities. Especially nowadays where we see so much, like every time you turn on the TV it seems like there's some type of a terrorist threat or a terrorist attack somewhere in the world. This is a company that is focused on trying to create a solution for that, which unfortunately in 2019 is a real world problem. So they've created a couple of products. One is called the Patscan Trademark Multisensor Covert Threat Detection Platform. It provides a network of advanced sensor technologies with powerful next generation AI machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons restricted facilities. The Patscan Trademark Platform identifies and reports threats wherever required. Car parked, building approach, employee and public entryways and inside the facilities. This is great for schools. This is great for governments. This is a company that you need to put on your watch list. You need to put them on your radar because I think this is one you're going to see for a long time. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. PAT's motto, deter, detect and defend is based on the belief that widespread use of the Patscan Trademark Platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. Now, the share structure is actually something I really like as well. They only have 137 million and a half shares issued in outstanding. They have 38.07 million warrants at a $2.49 weighted average exercise price. They have 6 million and three options. They have a market capitalization of 275 million on the TSX, Toronto Stock Exchange and a 200 million market cap on the OTC in America. They have working capital of 73 million Canadian dollars. Their 52 week high is $3.01 in Canada on the Toronto Stock Exchange and their 52 week high in America is $2.29. Now, what they do? They are in the public safety sector. They are in the innovative threat detection industry, microwaves, no fixed visible security infrastructures, smart sensors and microwave detectors. They detect threats before they happen so they can literally help you resolve a threat before it happens. This could be huge for sporting events. I can literally see this being used everywhere. Churches, synagogues, schools, governments, sporting events, airports. Literally anywhere where you are potentially going to have a risk of some type of a threat, they are going to be able to detect it before it happens. Which is why I believe that this is a company you need to put on your radar and put on your watch list. The application is ubiquitous. Anywhere they may be threats of violence. Designing a system which is low cost and can be deployed ubiquitously across places where people gather fundamentally that's ubiquitous across sectors. So this is going to be big for parades, this is going to be big for events, this is going to be big for conferences. Essentially these guys have a solution for everything. Everywhere where there's people and large groups of people. Now what makes them different from their competition? Because there's other people out there that are going to try to resolve these problems too. But these guys are unique. PAT is a many to one channel partner driven sales strategy. We sell one to many not one to one. That's what makes them unique. They sell one to many, not one to one. This is about a multi-sensor platform. No direct competition. So literally there is no one doing what they're doing directly in this sector. Okay, they are unique. Because they're not one to one, they are one to many. What is their approach? Whatever the environment, there's a solution that is appropriate within their mix. Other security companies offer a hardware to solve a specific issue. PAT, PAT1 Technologies, offers a customized solution using their security platform. AI, artificial intelligence play and not simply a hardware play. They are an artificial intelligence play. They are a machine learning play. They have an evolutionary approach which will evolve over time. Algorithms get smarter and better which is going to allow their technology to only improve over time. And become more and more effective and more and more interesting for others to want to utilize their services. They have a multi-sensor approach, not a one size fits all approach. They are solving a problem instead of selling a piece of hardware that is successful based on clients deployment. Now what is the benefits of the PAT1 Technologies platform approach? The sheer volume of clients that they can access by having a platform multi-sensor approach. Threat detection and security screening is put in places it couldn't be before, location-wise. Security hardware can only go in specific places, i.e. where should we put this metal detector? PAT1 Technologies is hidden and scans an entire area. Partners with those who have reach supplying the suppliers. They are integrating into the world's leading security systems. This is so big. The advantage of a platform approach instead of a hardware approach is that they can continue to grow exponentially. This is not a static play. It will keep evolving and getting bigger and better. So please, keep PAT1 Technologies on your radar, keep it on your watchlist. I believe this is a company that has an incredible future. The software is always evolving and the company is always evolving. And after I spoke to the CEO, I felt as though he was very interested in being open-minded. He's someone that is definitely willing to think big. And when I asked him if he's interested in schools and governments, he said, Yeah, we are already talking to governments and schools. And that him and his management team has a lot of experience with governments. So I believe this has so much potential. Considering we're in Canada and right next door to us, America is one of the more powerful militaries. You have to assume that PAT1 Technologies is going to have a future potentially working with the US government providing these services, which could be just enormous. Okay, so stay tuned to that. Now let's talk about their distributors and resellers. They have 12 global distributors. So that's enormous. So they're looking for business globally. Did not offer exclusive rights to anybody. So they're not exclusive to anyone, which means they have enormous growth potential. They are a national tier two reseller. They are working with Simmons and Honeywell. The contracts are in the works will be announced in the future through press releases. So they have a lot of contracts in the works that they're currently putting together, which Martin wouldn't be able to really tell me, but he told me there's a lot coming. They want to announce tier one companies and partnerships before tier two. Some of the companies and partnerships, which are just enormous, include Raytheon, Cisco, IBM, and Johnson Controls, just to name a few, which are enormous, enormous companies. Revenue, they sell hardware and have a recurring software model for each PAT scan. Every CMR, STS, VRS, etc. has recurring revenue. Clients pay each month for software update. Akin to a virus protection software on your computer. Wow, that is enormous. I love the monthly subscription model. That is so lucrative. Software upgrades, etc. Paid yearly and monthly. The separate license is not a hidden cost of ownership. They provide high level of intelligence and charge a monthly recurring fee, which means they are going to have monthly recurring revenue, which means the growth potential as far as the revenue for this stock and for this company is exponential. They have a revolutionary approach. Competitors in this space take a hardware-based approach. What Patriot One Technologies does is they try to prevent the last attack. Changes made based upon what just happened. So they are changing quickly and adapting quickly. And they are trying to provide a solution to stop terrorist attacks or threats from happening before they occur, not after they occur. Let's talk about some comparisons. Let's shift the focus to them as a solution provider. Blue Chip Space instead of hardware and what they provide. What type of ticker tag? Collaborative. The client mentioned there is no comparisons to Liberty or Plymouth Rock. And those are some of the companies that are in the sector. This is a company that is standing alone. There are some other companies like Liberty and Plymouth Rock that are in the sector. But this is a company that is standing alone because they don't have a hardware. They have a multi-censored approach. Now let's talk about some of the technology in the pipeline. They are innovators in the space. They have identified them as go-to people. So innovators in this space have identified P1 technologies as the go-to people for this solution. They have acquisitions, licenses and partnerships that are growing as they scale the wall to find the best innovators. Currently, CMR, STS, VRS software announced. TMS will be announced in the next couple of weeks. Gunshot detection solution that has wider distance goes beyond building. So there are so many more services that they're going to be able to provide, solutions that they're going to be able to provide, and it's just getting started. So they are literally going to be announcing some of these solutions in the next three to four weeks. So stay tuned to that. Now we talked about their share structure, which I think is really good. As far as the revenue, the three-year revenue forecast is 22 to 23 million in the year forecasted, but 13 to 15 million is more realistic for the end of 2019. They have 2,000 units on tier one partnership. Revenue is expected 12 months after that. The CMR surpassed what they thought they would sell. CMR is huge revenue driver. They expect to be profitable by... I assume that they're going to be profitable in the near future, but we don't know exactly when, but this will be most likely a profitable company, okay? Now some of their active already clients that are really impressive include active clients and partners include Westgate, Las Vegas, University of North Dakota, a regional police force, Seminole County Schools, IBM on the New York Stock Exchange under the symbol IBM, Cisco Systems on the New York Stock Exchange, sorry, on the NASDAQ under the symbol CSCO, and Raytheon Company on the New York Stock Exchange under the symbol RTN. Now Cisco, I think everybody knows Cisco, is a great partnership allowing Patriot One Technologies to advance its efforts with its VRS component and machine learning, offers a network of security system integrations, resellers, installers to help deploy the Patscan platform solution. Cisco will also be working with Patriot One on a mobile VRS solution with deployment on law enforcement police cars. Wow! Can you believe this? They are going to be putting their technology in police cars. Raytheon is working with Patriot One Technologies on deployment of its radar technologies currently the CMR. IBM is giving Patriot One Technologies access to Watson and machine learning AI teams to advance its machine learning capabilities. This is through their startup with IBM program. Patriot One has 12 active resellers. They are in Canada, the United States, South and Central America, the Caribbean Basin, the United Kingdom, France, Israel, Egypt, Nigeria, South Africa, Australia and New Zealand. So you can already see that these guys are growing globally, which I love. Sales prospects and client leads. So currently they have 9,000, that's right 9,000 qualified resellers and end user client leads. Now one of the things that makes Patriot One Technologies so exciting is that they are at the forefront of the covert weapons detection sector. Patriot One is unique because it brings together a multitude of technologies that gathers data for a more intelligent, covertly deployed security software system. Now let's just go through some of their products. So the first one I want to talk about is the Patscan VRS. It is a video threat detection for schools platform and software that they have identified and created. It is a video recognition threat detection system for school campus features and benefits. Patscan VRS video recognition system is a revolutionary threat detection solution created to detect the presence of weapons, disturbances and suspicious behaviors to keep students, faculty and campuses safe. Now one of the sad parts about what I see here in Canada is that we see this far too often. Unfortunately we are seeing way too many threats at schools and unfortunately I see it a lot in America. I feel like we are seeing these terrorist threats and it's not necessarily terrorist threats, it's Americans hurting Americans and I see it a lot in America where they are walking into schools and they are harming other students. This has to stop. This has to stop and Patriot One Technologies is making a stand essentially saying we are tired of watching people get harmed at schools, this is our children, this is our future. Patriot One Technologies is providing a solution for this so that especially in America where I see it the most it may be happening in other countries too but specifically in America it seems as though almost every day you are hearing about students that are being harmed at their schools and schools are supposed to be a safe place. As a parent myself I want to be able to know that when my child or my children go to school that they are going to a safe place where they are going to be able to learn and grow. I don't want to hear that someone went into a school undetected and started harming other students. I love what Patriot One Technologies is doing because they are making a stand and providing a solution where we've never had a solution before. And the reality is putting police officers at schools isn't the solution but being able to detect the problem before it occurs this can be a great deterrent as far as I'm concerned for the children which are our future. We need to protect our children. We need to protect our future. So Patriot One Technologies is dedicated to the protection and security of our global citizens and their communities. We believe that students should have the ability to learn and prosper in safe and secure environments and that the VRS product and our Patscan multi-sensor covert threat detection platforms helps make this goal a reality. Now let's talk about Patscan versus D-Tex. Patscan VRS D-Tex. Weapons, handguns, and rifles. So it has the ability to detect handguns and rifles. It has the ability to detect disturbances, fights, or other anonymous crowd behavior. So they can literally detect fights. They can detect just weird disturbances within a crowd which can help them resolve the issue before it escalates to something worse, which I absolutely think is brilliant. So the key features for the schools are secure processing. Offers secure video and data storage while processing real-time information from on-site via cloud at school district data centers ensures integrity of sensitive information. Artificial intelligence and machine learning capabilities offers continuous assessment of the school and campus surroundings and learns what is normal improves incident alert accuracy as the system becomes more effective over time. Now what are some of the benefits for the schools? It's a force multiplier. It helps today's schools security resources officer, SRO, who is often alone and responsible for safety and security. So unfortunately what's happening is a lot of schools do have one officer and schools are big. So how is one officer going to be able to protect an entire school? Sometimes these schools have thousands of students. So this really is going to help the one officer that's on duty be able to determine where there may be a disturbance so that they can try to resolve the issue before it escalates, which I think is brilliant. So this allows the officer and security to immediately identify incidents of interest, including detection of weapons, student disturbances, and suspicious behavior. It also, one of the benefits are immediate on-site notification. So it is integrated with existing CCTV infrastructure. So incidents of interest are instantly identified, captured on video, and sent to on-site security via mobile, laptop, and or desktop notifications. They also provide first responder notification, which is on-site school security resource officer, the SRO, has enhanced ability to immediately advise and inform first responders, police, fire department, and ambulance services based on the nature of the incident of interest. School management updates offers flexibility for staff and management notification, principal, counselors, and teachers, as well as school superintendent officers with the ability to receive alerts as configured by the on-site security resource officer, otherwise known as the SRO. And recorded information. Real-time protection is recorded with software embedded date and timestamp alerts to support forensic and evidentiary review. So not only are they able to determine incidents before they occur, but in addition to that, they record everything so that if there is an issue, they can go back and they can review the film, which is great for incidents that occur that have already occurred, so that the police or the principal or the counselors or the teachers can review any incidents and go back and get all the information they need so that they can determine what course of action they need to take if there is some type of an incident or disturbance. Now, there's also active monitoring. So they are actively monitoring the schools and campuses for incidents of interest and immediately sends notification alerts to predetermined personnel, first responders, and law enforcement as required. In addition, they have incident intelligence. So immediately identifies incident site based on camera location, system supports multi-alerts offering responding personnel real-time status and location updates, ensures timely and efficient response from on-site school security, management, and first responders. In addition to that, they also provide visual aids, which are easy to understand. Visual aids helps responders assess the situation efficiently and ensure appropriate and timely response to critical incidents. So, just to get into Patriot 1 Technologies a little bit more, Patriot 1 Technologies has developed the PatScan trademark multi-sensor covert threat detection platform, the next generation of software and sensor solutions to covertly deploy as a layered multi-sensor platform to detect and combat active threats before they occur. The platform features three sensors and software components including the PatScan trademark CMR Cognitive Microwave radar covert weapons detection sensor, PatScan trademark VRS video threat recognition software, and PatScan trademark STS multi-chemical sensor, all packages as a uniquely integrated system. All three components target cost-effective deployment at weapons restricted facilities and share proprietary networked cognitive machine learning software. The PatScan platform covertly secures perimeters, i.e. parking lots, access points, and facility interiors to identify and classify weapons, other threats, and related incidents for immediate response. Patriot 1's motto is deter, detect, defend. Let's say it again, deter, detect, defend. I love it. And it is based on the belief that widespread use of its PatScan trademark multi-sensor covert threat detection platform will act as an effective deterrent to diminish the epidemic of active threats across the globe, which I believe is a genius technology. So the PatScan trademark VRS through proprietary automation and computer vision software technology, the PatScan video threat recognition software, VRS component dramatically increases detection of weapons, public disturbances, suspicious behaviors, and incident identification. Leveraging machine learning technology, the software isolates, identifies, and categorizes and displays anomalous events well before human security operators can typically react due to multi-camera overload, timely action limits, violent events, which we've seen this time and time again when first responders can get onto the scene and get involved before there's a massive issue, lives get saved. This is why the Patriot One Technologies company, vision, products, and trademarks are revolutionary and why I believe this is a company that is undervalued, under-appreciated, and under-exposed. Now in addition to that, the PatScan trademark STS, another product they have, is employing proprietary multi-plane splicing technology. The PatScan STS component, powered by Sotec Secure, is a multi-chemical threat detection sensor designed to rapidly detect trace airborne chemicals with a parts per trillion sensitivity. This innovative sensor technology allows for the detection, identification, and tracking of trace explosives, chemical warfare agents, volatile organics, nerve agents, narcotics, and fentanyl. I absolutely love what Patriot One Technologies is doing. I think this is so revolutionary and I haven't heard of anyone that has any proprietary products like this. Now they're also focused on covert deployment. The platform with its components is trained to specific covert locations. Each PatScan component continues to learn, becoming increasingly smart at detecting hidden threats. This is the power of artificial intelligence and machine learning. It literally learns about everything that it comes into contact with, and it understands trends, it understands history, and it understands the future. This is the power of artificial intelligence and machine learning. The platform represents the first cost-effective integrated suite of covert sensor and software solutions for active threats in today's marketplace. This is, like I said, revolutionary and the first of its kind. Why now? According to NYPD statistics, 46% of active threats, active threat incidents are ended through the application of force by police or security. 40% end in the shooter's suicide. In 14% the shooter surrenders, and in less than 1% of cases, the violence ends with the attacker fleeing. Once a terror attack is underway, nobody wins. This is why we want to be able to deter the attack from even starting. We want to be able to identify these issues before they get started. This is why Patreon Technologies is such an incredible company. Now let's talk about short-circuiting attacks. The PatScan trademark multi-sensor covert threat detection platform, a layered multi-sensor approach to threat detection, acts as an effective deterrent to diminish threats from ever occurring. I absolutely love this company. I think they have so much potential. Let's just take a look at their stock. You can go to RichTVLive.com and follow me at RichTVLive.com where we have information 24 hours a day, 7 days a week, all the breaking news, all the information. All you need to do is go to RichTVLive.com and literally write Patreon One Technologies and the symbols will pop up. You'll see PAT is the Canadian symbol, Patreon One Technologies on the Toronto Stock Exchange. You'll see P-T-O-T-F Patreon One Technologies in America on the OTCQB and you'll even see their warrants. Patreon One Technology warrants at PAT.WT.A and you can find all of this at www.RichTVLive.com which is a great place for you guys to learn about companies because when you type in the company's name, all of their stock symbols pop up. All of their warrants pop up. Their American symbol pops up. So what I tell people to do is when they use the website, actually type in the company name and then you'll see their Canadian symbol, their US symbol and all of the warrants that they have available. Now if we look at the price in Canada right now, let's take a look. So they're at $1.79. Traded 219,000 shares and if you look at their chart, let's take a look at their chart. And you guys can follow me along at www.RichTVLive.com and get all this information as well, absolutely free. Now if you look at their chart over the last year, you can see that they've been as high as $2.79 on March 12th which is only about three months ago and their low-low in the last year has been as low as $1.37. So we're currently at $1.79. We're closer to the low-low than we are to the high-high. In my opinion, I believe that this is a buy. I think that this company has huge potential. I believe that they've got some more revolutionary technology that's going to be coming, more partnerships and I believe that this is a stock to watch. So keep your eyes on Patriot 1 Technologies, a company that I think has enormous potential and could change the world. Thank you for watching. This is Rich from RichTVLive. Have a nice day.