CLEARWATER, FL / CRWEPRESSRELEASE / September 16, 2015 /BlastGard International, Inc. (OTCMKTS: BLGA) (“BlastGard” or the “Company”) was informed by OTC Markets Group that certain promotional material on BlastGard International was distributed earlier in the week without our knowledge or consent by http://www.unitedpenniesofamerica.com/todays-alert/ and http://thewolfofpennystocks.com/todays-alert/ which resulted in a significant increase in the daily trading volume of our common stock. Since acquiring HighCom Security, Inc. in January 2011, BlastGard’s focus has been on cleaning up its balance sheet and growing the company. For the past 5 years, BlastGard has not engaged any investor relation or public relation entity to promote the growth of BlastGard during this time. BlastGard’s position is not to comment on promotional material such as found on these aforementioned websites.
The OTC Market Group has placed a temporary skull and cross bone on its website associated with our OTCQB symbol, due to the increased trading activity. BlastGard has been advised that the OTC Markets Group’s process is to monitor BlastGard’s trading activity along with the promotion sites and make a determination at that point as to whether OTC Markets believes a public interest concern still exists and to remove the skull and cross bone when it determines it is appropriate, which is usually for a period not in excess of 30 days.
About HighCom Security, Inc.
HighCom Security, Inc. (“HighCom”) is a leading provider of high performance and affordable body armor, personal protective equipment, and armor systems and related accessories. The Company’s ballistic solutions have been deployed to hundreds of thousands of operators in the world, including the U.S. Armed Forces, Allied forces, Federal Government Agencies, in addition to law enforcement and corrections, and other security personnel, both domestically and abroad. For more information on our Company, please visit our website at www.highcomsecurity.com.
About BlastGard International, Inc.
BlastGard International, Inc. manufactures and markets proprietary blast mitigation materials. The Company’s patented BlastWrap(R) 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. BlastGard’s core market focus is on blast effects mitigation for the commercial sector, military, law enforcement and government agencies. Additional information on BlastGard International, Inc. can be found at http://www.blastgardintl.com.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: the Company’s ability to market its products; the Company’s ability to obtain additional funding; the Company’s ability to obtain regulatory approvals on new products, the general economy; competitive factors; ability to attract and retain personnel; the price of the Company’s stock; and other risk factors. The Company takes no obligation to update or correct forward-looking statements.
HighCom Director of Marketing
SOURCE: BlastGard International, Inc.