Friday, July 03, 2015 12:25:07 AM
Take a look at the DSUS "shop" on their website - they are a resaler of numerous other drones and accessories made by established makers, at exactly the same price as just about every other resaler (of which there are literally dozens).
They might actually sell a few, who knows? But at what margin? How much profit does a resaler make? 20%? 30%? Whatever it is, I would find it hard to believe that a new resaler in the very crowded hobbyist-level drone market would make much of an impact.
It will be interesting to see how many "liberties" the quarterly filing takes when it comes to reporting revenue. It will be an OTC financial filing, and anything goes. And expenses? Like Peter's office in Fort Lauderdale. And promotional costs.
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