Arc Technologies, Inc. acquired Bulova Technologies Ordnance Systems LLC from Bulova Technologies Group, Inc. (OTCPK:BTGI) on March 29, 2017. As part of the transaction, Arc Technologies, Inc. acquired 100% stake in Bulova Technologies Ordnance Systems LLC and will be paying $1 in cash and will issue an aggregate of 2 million shares of the common stock of par value $0.001 per share. Arc Technologies, Inc. completed the acquisition of Bulova Technologies Ordnance Systems LLC from Bulova Technologies Group, Inc. (OTCPK:BTGI) on March 29, 2017.