OTC: BLIS

NAPC Defense, Inc.

CIK 0001703625 · Services to Buildings

NAPC Defense, Inc. (the “Company”) was incorporated in the State of Nevada on January 24, 2016 as Beliss Corp. The Company changed its name on April 1, 2024, to NAPC Defense, Inc. with the State of Nevada to reflect its new business focus. The Company is engaged in activities in the defense and… About this business →

8-K Filed Jun 8, 2026 · Period ending Jun 8, 2026

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10-Q Filed Mar 17, 2026 · Period ending Jan 31, 2026

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10-Q Filed Dec 15, 2025 · Period ending Oct 31, 2025

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8-K Filed Oct 15, 2025 · Period ending Oct 14, 2025

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10-Q Filed Oct 9, 2025 · Period ending Jul 31, 2025

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10-K Filed Sep 11, 2025 · Period ending Apr 30, 2025

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8-K Filed Jul 3, 2025 · Period ending Jul 2, 2025

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10-K Filed Aug 13, 2024 · Period ending Apr 30, 2024

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About NAPC Defense, Inc.

Source: Item 1 (Business) from the 10-K filed September 11, 2025. Description as filed by the company with the SEC.

Item
1. Description of Business

Overview

Description
of Business

NAPC
Defense, Inc. (the “Company”) was incorporated in the State of Nevada on January 24, 2016 as Beliss Corp. The Company changed
its name on April 1, 2024, to NAPC Defense, Inc. with the State of Nevada to reflect its new business focus. The Company is engaged in
activities in the defense and security industries, including weapons systems, tactical platforms such as CornerShot®, and other technologies
designed for use by military, paramilitary, and law enforcement agencies.

The
Company’s strategy includes:

●Weapons
Systems – Development and adaptation of specialized firearms platforms, including
the CornerShot® system, which allows operators to engage threats from protected positions.

●Non-Lethal
Solutions – Exploration and development of non-lethal weapons designed for law
enforcement and crowd control, providing alternatives to traditional force.

●Protective
Systems – Research and potential acquisition of protective technologies, including
ballistic shields, armor solutions, and personal protective equipment for defense and security
personnel.

●Research
and Development (R&D) – Establishing partnerships and internal programs to
identify emerging defense technologies and advance them toward commercialization.

●Contracting
and Distribution – Positioning to work with U.S. and allied defense agencies, law
enforcement agencies, and approved international partners to supply equipment and tactical
solutions.

Read full description ↓

Through
these efforts, the Company intends to build a diversified portfolio of defense-related technologies, both through internal development
and through acquisitions or licensing of proven systems, to serve government, military, and security clients worldwide.

Corporate
History

NAPC
Defense, Inc. (the “Company”) was incorporated in the State of Nevada on January 24, 2016 as Beliss Corp. On April 1, 2024,
the Company changed its name to NAPC Defense, Inc. to reflect its transition into the defense and security sector. Since the name change,
the Company has focused exclusively on developing, licensing, and distributing advanced defense and security technologies for use by
military, law enforcement, and government agencies.

The
Company will produce and supply CornerShot® units under license from Silver Shadow of Israel to overseas militaries and governments,
subject to U.S. government approvals, as well as to U.S.-based law enforcement agencies. In addition, the Company intends to leverage
established supplier relationships for the sourcing and sale of personal ballistic protection equipment, including helmets, bullet-resistant
vests, and shields, for both domestic and international clients.

The
Company is also engaged in the procurement and distribution of small-caliber arms, including rifles and pistols, along with newly developing
firearms technologies. Further initiatives include brokering the supply of larger-scale ammunition and artillery through approved overseas
channels for sale to U.S. allies and other authorized purchasers. The Company is likewise pursuing opportunities in the brokering and
distribution of armored vehicles for both domestic use and international markets.

3

In
March of 2024, the board determined and entered into an acquisition agreement for the acquisition of the rights, intellectual property,
and associated contracts, letters of intent, and assets from Native American Pride Constructors, LLC for acquisition of certain rights
to sale and production of the CornerShot firearms and surveillance technology, owned by Silver Shadow of Israel and licensed to Native
American Pride Constructors LLC (Native American), and other associated leads and rights into the defense industry, including munitions
brokering overseas under United States State Department Approval for artillery, rocket, and other munitions sales from off shore sources
to U.S. approved allies and other countries. Native American held rights to a number of ATF licenses for sale and production of arms,
was a party to a transaction for potential contract and sale of the Cornershot to Saudi Arabia and for sale in the US, and held large
access to broker munitions under US approval overseas, from foreign sourced to US Allies and approved countries.

In
addition, NAPC Defense, Inc. intends to eventually develop other defense lines of technology including small arms, suppressor technology
development business, and other items of opportunity held by Native American Pride Constructors LLC, the board determined that an acquisition
agreement of such rights was in the best interest of the Company to pursue as an additional business direction while maintaining its
treasure related business. Such agreement was reached on March 26, 2024, however, was subject to further diligence and verification of
the list of acquired rights and business plans with a close out date of May 1, 2024 and sign off by NAPC Defense, Inc./BLIS by the CEO
for release of the consideration to be made for the purchase of such rights. The board concluded that the addition of this business direction
was in the best interest of the Company, regardless of the specific acquisition transaction closing. 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.

NAPC Defense, Inc. was able to secure the rights to the following items
as part of the deal:


CornerShot
rights for sale, domestically and through Saudi Arabia as existing with Silver Shadow of Israel, including the LOI for the CornerShot
sale for Saudi Arabia from the Ministry of Defense, which is expected, for an expected order and contract for some 37,000 units of
the CornerShot firearms and tactical units to Saudi Arabia as held by Native American Pride for the Silver Shadow of Israel, amount
owed for Saudi Arabian payment potential under a contract if transacted. Such rights include the ability to contract and utilize
the ATF licenses held for production and sale of firearms and accessories related to such technology under contract with NAPC Defense,
Inc./BLIS, and existing approvals from the Department of State for foreign arms transactions, an existing or expected approval for
firearms under approval from the Saudi Government. As well this includes the existing relationship with the Saudi Ministry of Defense
for interest in the CornerShot purchase, including the relationship and visits expected for closing of such contract. Rights to the
proceeds from the joint venture in Saudi Arabia for such introductions and potential future sales, visit to occur in Saudi Arabia,
and domestic US sales potentials, including domestic law enforcement shows, conventions and US Military demonstration.


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.


Rights
as existing to the CornerShot from Silver Shadow of Israel. To include the foreign sales to Saudi Arabia created by persons related
to Native American, as well as domestic sales to law enforcement or government agencies in the United States. To include all media,
CornerShot units, additional show and demonstration units, videos, and other 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, and potential purchasers of large-scale munitions sales for such areas as Allied and US military
or foreign add to Ukraine. These leads and brokering needed confirmation as to available inventories from owners overseas by the
Company through relations created with the new operations. The amounts and the available rolling catalogues of available munitions
and sources were subject to review and approval for final distribution. The verification was to be made as of or after May 1, 2024,
through the former CEO with his experience and knowledge.


Verification
for ability to design, manufacture and sell new items and lines of firearms and accessories to include but not be limited to rifles,
small arms, ammunition, and accessories. the Company had additional information and contacts and will use the abilities of production
and sales under the Native American Pride permits to conduct such study of new technologies, firearms, production, prototyping knowledge,
and sales rights as necessary.

4

Thus
on April 1, 2024 there was the change in officers and directors, which was made for an additional new segment of the Company into the
defense and law enforcement business. Pursuant to the Board of Directors resolution there was no change in control of the Issuer to any
party. The change in officers and directors was made to include the following for the change in the main direction of the Company: The
Agreement was entered into without abandoning the treasure and recovery business, while the board made a change in officers and directors.
There was no change in control of the Company.

Thus,
pursuant to the Board of Directors intent for the new addition of a business line for defense, it was decided and concluded that as of
April 1, 2024, Craig A. Huffman, Patrick Scheider, and Frederick Conte, resigned as officer and directors, with Craig A. Huffman to continue
as Secretary and Chief Legal Officer for the Corporation while overseeing and approval of the acquisition, overseeing corporate compliance,
contracting and numerous other matters on a continuing basis. The board appointed Edward K. West as Director and Chief Executive Officer,
Evelyn R. Gurba as director, Derrick West as director, and John Spence as director and Chief Financial Officer.

The
Company determined the new business priority would best be reflected by a change in the name to NAPC Defense, which was reflected by
a change of the corporate name in the State of Nevada to NAPC Defense, Inc.

At
April 30, 2025 NAPC Defense, Inc. decided to discontinue its treasure and shipwreck recovery business in order to focus on its defense
related business.