A Reflection On Honor, Sacrifice & Duty

ArmorReport salutes the brave men and women who made the ultimate sacrifice – those who endured all and gave all that justice among nations might prevail and that mankind might enjoy freedom and inherit peace…

memorial-day-e1369408222655The men and women who serve, and who have served, in the Armed Forces are no less committed to protecting our nation than were the men who signed The Declaration of Independence. Their final words declare that “… for the Support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.” Our Armed Forces continue to maintain that same standard of commitment and honor that was declared more than two centuries ago. On this Memorial Day 2013, join ArmorReport.com in pause to reflect on just what has been given, and sacrificed so freely, so that Freedom could ring across this great land.

Memorial Day 2015

To my friends who gave all, I remember you in my heart on this Memorial Day — Thank you for your sacrifice and may God bless you until we meet again…

Body Armor Saves Knoxville Cop From Bullet

officershotKNOXVILLE — A Knoxville police officer shot Wednesday night while trying to arrest a Florida career criminal at an East Knoxville motel has been released from a hospital and the alleged shooter faces a charge of attempted first-degree murder. Officer Jimmy Wilson, who joined the Knoxville Police Department in 2006…. Wilson’s bullet-resistant vest shielded him from the single round fired when the door suddenly opened about 8:14 p.m. at a room in the Best Value Inn, 3207 E. Magnolia Ave. Read More

PSP Announces Issuance of Shares in Satisfaction of Board Fees and Amendment to Stock Options

PressReleaseARNPRIOR, ONTARIO–(Marketwired) – Pacific Safety Products Inc. announced today that it intends to issue to Mr. Fraser Campbell and Mr. Ken Hight an aggregate of 76,922 common shares in satisfaction of an aggregate of $10,000 of accrued director’s fees for the period from January 1, 2015 to March 31, 2015 at a price of $0.13 per share.

Messrs. Campbell and Hight are each directors of PSP. The Company determined to satisfy the indebtedness through the issuance of shares in order to preserve a total of $10,000 in cash to be used for operations and working capital purposes.

In addition, the Company intends to amend the terms of 500,000 stock options previously granted to a director of the Company to extend the expiry date of such options by two years. The options are each exercisable to acquire one common share at an exercise price of $0.10 per share and will expire on August 15, 2017. Press Release

FTC Clears Sale of Sun Capital’s Point Blank Enterprises

720px-US-FederalTradeCommission-SealPoint Blank Enterprises, maker of bullet-proof vests for the police and military, has been approved for a potential sale.

The Federal Trade Commission gave clearance Wednesday to a sale of Point Blank Enterprises in Pompano Beach to JLL Partners, a private equity firm that counts structured settlement firm J.G. Wentworth among the companies in its portfolio.

Sun Capital Partners, a private equity firm in Boca Raton, currently owns Point Blank Enterprises, which employs about 1,200 in Broward County. Read More | FTC Notice

Obama Cuts Local Police Dept’s Off From Military Equipment

MRAP-lineOn Monday President Obama banned local police departments from acquiring military-style weapons and equipment from the federal government.

The ban is an outgrowth of recommendations that followed the police response to Ferguson riots in which police were viewed to have acted in a fashion that was too strong-handed.

According to Fox News, “Critics questioned why police in full body armor with armored trucks responded to dispel demonstrators, and Obama seemed to sympathize when ordering a review of the programs that provide the equipment.” Read More