“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

French Drone Volt takes to the stock market, breakthrough in the United States

The French leisure drone specialist Drone Volt flies to the Paris Stock Exchange, thanks to a partnership in the United States.

 After its long descent into hell, Drone Volt experiences a burst of pride on the Paris Stock Exchange. Shares soar 60% to 0.121 euro thanks to a major breakthrough in the United States. The French recreational drone specialist has signed a letter of intent with the American company Aquiline Drones to grant it a license right for a period of 5 years for the production and sale of two of its drones, the Altura Zenith and the Hercules 2. The contract may be revised annually. In return, Drone Volt will receive a minimum amount of 850,000 dollars for the first year. This amount includes a royalty of 10% of the recommended unit price per drone, for an annual minimum of $ 250,000 for the Altura Zenith and $ 150,000 for the Hercules 2.

These amounts will be appreciated by 10% each year. In addition, on these two models, $ 450,000 will be added to these amounts in the first year in compensation for the transfer of know-how. Aquiline Drones wishes to produce in the United States, in its factories in Hartford (Connecticut), the Hercules 2 from September 2020, then the Altura Zenith at the end of the year, at a rate of 1,000 units per month. The US company will expand its monthly production to 3,000 units per month over the following months. Aquiline Drones aims to achieve a production of 10,000 units per month as the ultimate goal.

Finally, in order to consolidate this partnership, Drone Volt and Aquiline are considering a cross shareholding involving 10% of the respective capital of the two companies.

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