LAS VEGAS, Nev
Retired U.S. Army Major and defense-aerospace finance veteran joins WealthCraft Capital as Strategic Consultant to advise the Company’s build-out of a next-generation less-lethal and counter-UAS platform.
WealthCraft Capital, Inc. (OTC PINK: WCCP), the Nevada corporation pursuing a rebrand to War Labs Defense Technologies, Inc., today announced the engagement of Jeff M. Pariano as Strategic Consultant.
Pariano brings 25 years of executive leadership across the defense, aerospace, government-contracting, and finance sectors — the exact operating experience required to take a USPTO-protected less-lethal and counter-UAS platform from patent portfolio to fielded capability, at speed and at scale. He currently serves as Chief Executive Officer of Patriot Defense, Inc. He previously served as Chief Financial Officer of Fenix Group, Inc., a tactical communications company serving defense, government, and public-safety customers, and as Finance Director for IOMAX USA, Inc., where he ran finance operations supporting international military aviation programs, including export financing and customer financing for allied end users. He is a retired Major in the United States Army Reserve.
In his consulting role, Pariano will advise the Company on corporate strategy, international business development, capital planning, strategic partnerships, and long-term growth as WealthCraft’s operating platform, pending rebrand to War Labs Defense Technologies, is built out around a portfolio of proprietary electric shock projectile and counter-UAS munition technologies designed to be fielded from launcher, weapon, and magazine platforms already in service.
“War Labs is building an organization focused on innovation, disciplined execution, and delivering meaningful capabilities to our military and government customers,” said Jeff M. Pariano. “The problem set is real, the window is short, and the technology the Company is building is directly relevant to it. I’m excited to work alongside the leadership team as the Company establishes its strategic foundation and pursues opportunities both domestically and internationally.”
“Jeff has done this job on both sides of the fence — running a defense company as CEO, running defense-program finance as CFO, and wearing the uniform as an Army Major,” said David N. Spriggs, Chief Executive Officer, WealthCraft Capital, Inc. “That is the operator profile the platform needs right now as we take a USPTO-protected less-lethal and counter-UAS portfolio into the international defense marketplace.”
The Company continues to build out its team and technology stack across next-generation less-lethal and lethal defense systems, counter-UAS effects, and international defense partnerships — engineered for rapid deployment to the warfighter, law enforcement, and allied government end users.
Patent and Technology Evidence
The Company previously announced on July 27, 2026, that XLabs had entered into a definitive agreement to acquire an intellectual-property portfolio consisting of an issued U.S. utility patent, an issued U.S. design patent, a corresponding international patent application, and associated know-how and trade secrets covering a battery-powered, self-contained conducted-energy projectile.
The announcement stated that the portfolio is expected to be contributed to the combined company upon completion of the contemplated share exchange involving WealthCraft Capital and XLabs.
The publicly available announcement does not identify the patent numbers, application numbers, current assignees, recorded assignments, or remaining patent terms. Accordingly, references in this release to “USPTO-protected,” “patent-protected,” “proprietary,” or acquired technology are based on information provided by the Company and remain subject to definitive acquisition documents, closing conditions, assignment recordation, applicable regulatory requirements, and independent verification.
Supporting announcement: WealthCraft Capital to Acquire Less-Lethal Conducted-Energy Patent Portfolio, Anchoring the War Labs Defense Technology Platform
Media Content
Primary media: Authorized professional portrait of Jeff M. Pariano.
Alt text: Jeff M. Pariano, Strategic Consultant to WealthCraft Capital, Inc.
Alternative media: Authorized WealthCraft Capital corporate image using the Company’s current legal name.
Alt text: WealthCraft Capital, Inc., a publicly traded Nevada corporation pursuing a name change to War Labs Defense Technologies, Inc.
All photographs, logos, and other media must be legally authorized for publication. Media should not imply that the proposed name change has been completed or that any product has completed development, regulatory review, testing, qualification, procurement approval, or field deployment.
About WealthCraft Capital, Inc.
WealthCraft Capital, Inc. (OTC PINK: WCCP) is a Las Vegas, Nevada–based publicly traded Nevada corporation pursuing a name change to War Labs Defense Technologies, Inc.
The Company’s proposed operating platform is being built around a portfolio of proprietary, patent-protected non-lethal and lethal defense systems and counter-UAS munitions intended for law-enforcement, military, homeland-security, correctional, and allied-government end users. The technologies are intended to integrate with launcher, weapon, magazine, and command-and-control platforms already in the field.
The Company’s defense technologies remain in the development stage and are subject to technical testing, qualification, definitive documentation, intellectual-property verification, corporate approvals, financing, export controls, licensing requirements, and other applicable regulatory conditions.
Until any name change becomes legally effective under Nevada law and is processed through applicable market channels, the legal issuer name remains WealthCraft Capital, Inc.
Additional information about the Company is available on the OTC Markets website at https://www.otcmarkets.com/stock/WCCP.
Investor and Media Contact
WealthCraft Capital, Inc.
Pursuing rebrand to War Labs Defense Technologies, Inc.
OTC PINK: WCCP
Attn: Investor Relations / Media Relations
Email: investors@warlabs.com
Tel: (702) 323-6704
P.O. Box 327
Las Vegas, NV 89125
Transfer Agent: Pacific Stock Transfer
Disclaimer
This press release is for informational purposes only and does not constitute an offer, solicitation, investment recommendation, or professional advice.
Statements regarding the proposed name change, consulting engagement, intellectual property, product development, regulatory approvals, financing, commercialization, partnerships, and future operations are forward-looking and subject to risks and uncertainties.
Patent and technology claims are based on information provided by the Company and have not been independently verified. The technologies described remain subject to development, testing, financing, regulatory approvals, export controls, and commercial validation.
References to third parties do not imply endorsement, sponsorship, or affiliation. Until the proposed name change is legally completed, the issuer remains WealthCraft Capital, Inc. (OTC PINK: WCCP).
Additional Information
This release is not a prospectus, offering memorandum, or proxy solicitation. The contemplated name change and consulting arrangements remain subject to definitive documentation, Board action, customary conditions, and applicable law; there can be no assurance any matter described will be completed on the terms contemplated or at all. Until any name change is legally effective, the issuer remains WealthCraft Capital, Inc. (OTC PINK: WCCP).