0000000000-20-007664.txt : 20201026 0000000000-20-007664.hdr.sgml : 20201026 20200819174447 ACCESSION NUMBER: 0000000000-20-007664 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20200819 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Draganfly Inc. CENTRAL INDEX KEY: 0001786286 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 2108 ST. GEORGE AVENUE CITY: SASKATOON STATE: A9 ZIP: S7M 0K7 BUSINESS PHONE: 403-781-6671 MAIL ADDRESS: STREET 1: 55 BURRARD STREET STREET 2: SUITE 2300 CITY: VANCOUVER STATE: A1 ZIP: V6C 2B5 PUBLIC REFERENCE ACCESSION NUMBER: 0001640334-20-001535 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Amendment No. 1 to Offering Statement on Form 1-A Filed August 7, 2020 File No. 024-11239 Dear Mr. Chell: We have reviewed your amended offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our July 13, 2020 letter. Amendment No. 1 to Offering Statement on Form 1-A filed August 7, 2020 Offering Circular Cover Page, page 1 1. We note your response to prior comment 1. Please revise your offering circular to include all information that is not permitted to be omitted under Rule 253(b). In this regard, we note that you have omitted a bona fide estimate of the range of the maximum offering price range from the cover page. Securities Being Offered, page 51 2. We note your response to prior comment 5. Please revise to include the disclosure regarding your units and warrants required by Item 14 of Form 1-A. Cameron Chell Draganfly Inc. August 19, 2020 Page 2 Exhibits 3. We note your response to prior comment 8. Counsel should not assume conclusions of law that are a necessary requirement of the ultimate opinion. We note for example, the assumption regarding due execution and delivery in assumption (a) of Section 3. Also, tell us why the qualifications in (a) and (b) of Section 5 are necessary and appropriate for the opinion. You may contact Ernest Greene, Staff Accountant, at 202-551-3733 or John Cash, Accounting Branch Chief, at 202-551-3768 if you have questions regarding comments on the financial statements and related matters. Please contact Thomas Jones, Staff Attorney, at 202- 551-3602 or Sherry Haywood, Staff Attorney, at 202-551-3345 with any other questions. Sincerely, FirstName LastNameCameron Chell Division of Corporation Finance Comapany NameDraganfly Inc. Office of Manufacturing August 19, 2020 Page 2 cc: Rebecca G. DiStefano, Esq. FirstName LastName