Viewmont
3 days ago
VNUE, Inc. Announces Change in Strategy & Direction; Company to Transition to Defense Industry Focusing on Cutting Edge Digital Imaging and Firearms Optics
Press Release
OTC Disclosure & News Service | 06/13/2025
New York, NY โ June 13, 2025 โ VNUE, Inc. (OTC: VNUE) today announced that it is transitioning to an exciting new model that Company leadership believes will offer substantially more potential upside to shareholders and a new direction. Longtime CEO & Chairman Zach Bair, CTO and director Tony Cardenas, and director Lou Mann have resigned from their positions and have brought in a new leadership team along with this transition.
This move would see Redacted Optics, an industry leader in optical and digital imaging technology specializing in advanced firearm optics, thermal imaging, and augmented glass solutions, assume control of the Company, and in doing so, work to bring assets and intellectual property into VNUE, which will be renamed in the near future.
This strategic move is aimed at driving growth, fostering innovation, and increasing shareholder value by going after a multi-billion-dollar industry that is white hot.
Redacted Optics is led by Brandon Sisson, an industry veteran with extensive experience in the semiconductor and software sectors, and former CEO of Accufire Technology. Sisson has been appointed CEO and director of VNUE.
Sisson said, โWe are thrilled to lead this transformation and leverage our combined expertise in the firearms and defense industry to drive innovation, create high-quality American jobs, and strengthen U.S. security. By advancing cutting-edge optics and digital imaging technology, we are not only expanding market opportunities but also supporting those who protect and serve. This transition marks a bold step forward for growth, investment, and the future of American industry.โ
As part of this transition, Redacted Optics, along with its organic growth plans for manufacturing and distributing its own line of products, has identified and is exploring a number of potential acquisitions in the sector which will add additional assets in the form of patents and other IP as well as immediate revenue opportunities into the company. These acquisitions will serve as a foundation for continued innovation and expansion and ultimately shareholder value.
StageIt will remain in VNUE for the time being, and Mann, who is currently CEO of StageIt, will continue to lead that wholly-owned subsidiary in that role.
VNUE CEO Zach Bair said, โAs most of you are aware, VNUE has struggled to gain traction with our complex entertainment-oriented technology products since the unfortunate demise of our auditor, B.F. Borgers, particularly because this type of development requires substantial funding. Prior to that, the pandemic decimated the music business, which didnโt help matters either. Furthermore, it has become increasingly difficult for us to raise money in the current volatile public markets, and as you also know, I am diametrically opposed to toxic funding sources and needless reverse splits. I am acutely aware this has been frustrating for all involved โ shareholders and management alike, but ultimately the company was put in a very difficult position, not of our own volition, and the board believes that this is absolutely the best path forward.โ
Bair continued, โThe opportunity for the Company, as a public entity, to enter an exciting, large (and growing) market, is one that we believe to be a smart move and something that most retail investors will understand and embrace, and which will help preserve and grow existing investments in the Company. We believe that by bringing in valuable IP and assets that address a $9.9bn US market, as well as a top-notch, experienced leadership team, the Company will have a better chance of raising more, and better, capital.โ
Bair and his team will consult with the new management team for a period after the transition, to foster a smooth transition.
Sisson has successfully identified and capitalized on market opportunities through his consulting business and prior leadership of Accufire Technology. Under his direction, Accufire achieved substantial revenue growth, expanding sales from $172,000 to $1.2 million within a single year by addressing critical gaps in the optics market with cutting-edge digital and traditional glass solutions.
Key Highlights of Redacted Optics and Strategic Vision
Proven Leadership: Brandon Sissonโs expertise in market innovation and product development has been instrumental in building Accufire Technology into a leader in advanced optics and digital imaging solutions.
Revenue Growth: Accufire Technology experienced a remarkable increase in sales by leveraging digital technology and traditional optics to meet market demands.
Product Innovation: Redacted Optics will possess patented infrared digital spotting scopes and advanced thermal clip-ons, currently deployed by military and law enforcement agencies worldwide.
Future Technologies: The company is actively working on new glass technologies to set new industry standards in digital optical performance.
Manufacturing Expansion: Plans are in place to move manufacturing to the U.S., aligning with policies under the new presidential administration that are expected to provide significant advantages, including opportunities for state and federal grants to support domestic operations.
Industry Growth and Market Potential
Firearm Optics Market: The global optics market is projected to grow from $1.54 billion in 2023 to $1.94 billion by 2028, with North America accounting for 40.79% of rifle scope sales.
Law Enforcement & Defense Spending: Increased investment in thermal imaging, drones, and digital solutions is driving sector growth. The law enforcement software market, valued at $15.65 billion in 2023, is expanding at a compound annual growth rate (CAGR) of 11.3%.
VNUE believes this transition will position the company to capitalize on emerging trends in the optics and defense technology sectors, creating long-term value for shareholders.
โThis is a very bittersweet journey for me,โ said Bair, โas we have all put blood, sweat and tears in to VNUE. But this is by far the best opportunity to preserve, and hopefully increase, shareholder value, and set the company on a profitable path.โ
Inquiries may be directed to press@redactedoptics.com.
About VNUE, Inc.
VNUE, Inc. (OTC: VNUE) is a technology-driven company focused on delivering innovative solutions in live entertainment, media, and emerging industries. The company continually explores strategic opportunities to enhance its business model and maximize shareholder value.
About Redacted Optics
performa007
4 months ago
FWIW
Company Update
Press Release | 01/31/2025
Many of you have been wondering what we have been up to in VNUE, so we would like to provide you with an update.
We are currently working on some big moves which cannot yet be discussed in public but moreover, as you recall, we encountered a huge setback, when the SEC sanctioned BF Borgers, our auditor, and subsequently shut them down. We and about 400+ other companies were negatively affected. We had just been on the cusp of renewing our equity line, our overwhelmingly main source of funding, when this happened, and in fact we were in the middle of having it become Effective when the Borgers news broke.
As you can imagine, not having access to this funding threw a huge monkey wrench in virtually everything the company had been working on. We have been dealing with that fallout ever since. We have continued to forge ahead, as much as we have been able to, but it has been on a much slower path than we would have preferred due to the Borgers issue.
That being said, a public company is not just a matter of focusing on the core competency, but also ensuring that we are doing our best to protect shareholders and manage the public side of the business, and as you know, this is something that has always been important to us.
In that regard, the Company filed a Federal lawsuit against B F Borgers CPA PC and Benjamin F. Borgers, seeking an award of actual and compensatory damages in an amount no less than $4,914,637.00.
We cannot speculate whether or not we will be successful in the lawsuit against Borgers but we can assure you that our current business plans do not contemplate receiving any proceeds from the lawsuit for our business plan to be successful.
According to our counsel in this matter, effectuating personal service of the summons and complaint on Defendants (as required by the Federal Rules of Civil Procedure) proved to be very difficult, as they no longer maintain any of their most recent addresses. Fortunately, our counsel was able to utilize what they call a creative approach to resolve this challenge, and successfully served Defendants through their counsel in the related state court civil action. Defendant was only served on January 22, 2025 just a few days ago. Thats how long it took to locate them.
So despite the relative quiet time, work continues in the background, both on the public side, as well the business/core competency side. We will have more announcements about some of the initiatives we are working on as we are able to disclose them.
Thank you for your continued support and belief in VNUE.