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Re: Danyo11 post# 303

Monday, 12/11/2017 10:45:29 AM

Monday, December 11, 2017 10:45:29 AM

Post# of 4823
That's really good DD on your part Danyo11. And it confirms that DLYT has now commercialized their Aqualyte filters into a high-volume product. (They're probably mass-producing other Aqualyte products for The Haier Group because they have a contract with them as well.)

This may also explain why the CFO is no longer funding the company after August 28th. If you look at my post #290, the last 10-Q shows that the CFO was funding the company's operations almost on a monthly basis. But for some reason, he didn't need to loan the company anymore money after August 28th. So, I'm assuming that the company is now receiving orders and is able to fund itself.

If this is correct, the company will be reporting some good revenue in the next 10-Q. And I would expect the share price to explode.

For me, this is a great lesson for all investors...

If the company's executives are willing to fund the company, it shows a huge amount of confidence and dramatically reduces the risk. Nothing is a "sure thing"...but in my opinion, this company has finally turned the corner.

Cheers!