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Fuse Science (DROP)

Fuse Science, Inc. engages in the development and commercialization of SkyPorts drone support technology. The firm also develops XTRAX remote monitoring system, which mesures the production of solar and other renewable energy systems for transmission of the data via cellular and radio frequency network and potentially via microwave transmission network or satellite or in conjunction with solar system installations. The company was founded by Adam Adler and Aitan Zacharin on September 21, 1988 and is headquartered in Massapequa, NY.

Company profile

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23 Feb 22
20 Aug 22
31 Dec 22
Quarter (USD) Dec 15 Sep 15 Jun 15 Mar 15
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Annual (USD) Dec 15 Sep 15 Sep 14 Dec 13
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Management Discussion
  • ITEM 2. MANAGEMENTS’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • Fuse Science, Inc. (“Fuse”, “our”, “us”, “we” or the “Company”) was incorporated in Nevada on September 21, 1988. Prior to 2002, the Company’s activities included developing and marketing data communications and networking infrastructure solutions for business, government and education. From 2007 to 2009, the Company was a “business development company” under the Investment Company Act of 1940. From April 2011 through October 1, 2014, the Company’s business involved developing and marketing nutraceutical products.
  • On October 1, 2014, Fuse entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) with Spiral, a Nevada corporation, and Spiral Acquisition Sub, Inc., a newly formed, wholly-owned Nevada subsidiary (“Acquisition Sub”). Upon closing of the transactions contemplated under the Merger Agreement (the “Merger”) which occurred concurrently with entering into the Merger Agreement, Acquisition Sub merged with and into Spiral, and Spiral, as the surviving entity, became a 51% majority-owned subsidiary of Fuse.

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8th grade Avg
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