Company: BLIS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0001199835-25-000051
Chunk: 23

Company: NAPC Defense, Inc.
Filing Date: 2025-02-26
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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 Pursuant to the March 26, 2024 agreement such acquisition
of rights was made for 95,000,000 shares of common stock to be distributed upon approval by NAPC Defense, Inc../BLIS to enumerated parties
at such time being May 1, 2024 or after. Such shares were not to be distributed to Native American upon release, so there was no change
in control to Native American. There was an acquisition of such rights, intellectual property, sales leads, letters of intent, contract
rights and leads, and other matters set forth in such agreement to gain the rights from Native American Pride and change the Company’s
name to its new defense line of work to NAPC Defense, Inc. but still maintain the treasure business on a more limited basis.

Such
shares were subject to release by the Company upon approval of the business lines, by the then current but now former CEO and Director.
Such shares did not cause a change in ownership control by any majority shareholder and have been under the rights as set forth in the
acquisition agreement. The matters of diligence to be completed for the acquisition completion were as follows:

Items
acquired for NAPC Defense, Inc. on acquisition made, including

  CornerShot                                                                                                                                    

  In                                                                                                                                               
  addition, the ability and agreements to produce the CornerShot domestically in the United States which includes a current plastics manufacturer  
  relationship and metals production relationship, both to be contracted, for such units of the CornerShot to be produced for all contracts        
  or purchase orders which could be achieved. The Company attended various industry and networking conventions and conferences in Florida          
  in June 2024, in New Jersey in June 2024 and the visit to Saudi Arabia in the summer of 2024.                                                    
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  Rights                                                                                                                                       

  Overseas                                                                                                                                     
  brokering opportunities of ammunition sales to US Allies, with State Dept. the DDTC (Directorate of Defense Trade Controls, a government     
  agency within the United States Department of State) as a registered broker the ability to request pre-brokering approval. This includes     
  the sources and leads existing to large scale munitions inventories from third parties, including those on a revolving list that is held     
  by parties which are available overseas for sale, to approved countries and end users. This includes all contacts and relations to overseas  
  producers, holders