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# The Bid Is Dead. The Bill Is Not.
- URL: https://www.pennystocks.news/dpls-the-bid-is-dead-the-bill-is-not/
- Published: 2026-08-20T14:05:00.000Z
- Updated: 2026-08-24T16:45:13.000Z
- Description: DarkPulse — a company the SEC classifies as a software firm — put in a $35 million offer for Aero Precision as it moved through receivership. The sale went to someone else. The nearly $3 million in loans DarkPulse took out to fund the deposit come due October 1.
- Author: PennyStocksNews Team
- Tags: otc, ticker-dpls

Aero Precision and Ballistic Advantage, two firearms manufacturers, were placed into receivership in May 2026, with a court-appointed receiver managing their assets toward a sale. In August, a company the SEC classifies as a prepackaged software firm put in a cash bid of **approximately $35 million** for substantially all of their assets. The receiver never signed the agreement. Someone else got the companies.

DarkPulse, Inc. OTC: DPLS 

The bidder was DarkPulse, Inc. To participate, it needed a deposit — about **$2.77 million** — that it did not have. It solved this by borrowing from five private individuals. The five loans, formalised in promissory notes dated August 8, 2026, total **$2.78 million in aggregate**, carry interest at **8% per annum**, and mature no later than **October 1, 2026**. The two largest came from Douglas and Brenda Zink, who lent $1.4 million, and Loren Ellefson, who lent $1.1 million. DarkPulse wired the deposit on August 4, according to the 8-K filed with the SEC on August 20.

The terms of the notes contain a clause worth reading carefully. Repayment of principal and accrued interest is due in full by October 1 *regardless of whether DarkPulse wins or loses the bid*. The filing states that the proposed asset purchase agreement was not executed by the receiver and that DarkPulse has not entered into a definitive agreement. The day after DarkPulse filed the 8-K, trade publication RECOIL reported that Aero Precision, Ballistic Advantage, and two related brands had been sold to a private ownership group, as confirmed by AllOutdoor.com on August 21\. DarkPulse was not named as the buyer.

The filing also disclosed a financing commitment from N Advance LLC of **up to $40 million**, intended to support the transaction. That commitment was conditional on DarkPulse being confirmed as the successful bidder and on the execution of definitive transaction documents — conditions that were never met, based on what the filing and subsequent trade reporting show.

DarkPulse now carries nearly $3 million in unsecured short-term debt taken on for a deal it did not win. The filing does not say where the money to repay it will come from.