Updated spring 2020:
Dalrada Financial was a defunct orginization up until January 2018 when out of the blue it began filing again with OTCMarkets.com (but not the SEC). At this point the market got excited and repriced shares from the low .00s up to the .02 range (give or take a penny), where it sat for a solid year with a slow sprinkling of company updates periodically. Ever since that breakout event in January 2018 the stock has held the .01/.02 level and since early 2019 $DFCO has based mostly in the .02 - .04 range. Despite having absolutely zero interest from traders since the initial explosive blip in early 2018, the stock has held it's gains amazingly well. We've seen nearly 2 years of updates now as the company went from defunct to having multiple subsidiaries under it's umbrella, multiple acquisitions (very favorable terms for relatively small amounts of restricted common shares, mind you), filing with the SEC(!), and numerous fundamental catalysts on deck. All the while this potential has grown, because the market has paid little to no attention, virtually none of this potential is yet priced into the current market cap. As of this moment the market cap is under $2 million - for perspective both of the companies recently acquired each have more annual revenue than that. $DFCO is grossly mispriced but that will change in a hurry when the switch is flipped here. The company looks to be kicking into investor awareness mode soon and this PDF document below was recently added to their main website, which is basically a presentation for investors to see where the company sits now after 2 years of reorginizing and revamping their operations.
At a $2 million market cap the upside here is staggering. Once the pps can break .06/.07 it's blue skies and 11+ year new highs. Compare the above to this projection:
Dalrada Precision Inks $100K in Purchase Orders
LAS VEGAS, Nov. 2, 2018
LAS VEGAS, Nov. 2, 2018 /PRNewswire/ -- A new subsidiary of Dalrada Financial Corp. (OCTBB: DFCO) has won new business from a leading semicon equipment manufacturer. A provider of mechanical parts, Dalrada Precision has received initial purchase orders valued at $100 thousand. Revenues will be reflected in the first quarter of 2019. The projection for these purchase orders is to reach approximately $2 million in value during 2019.
David Pickett, Dalrada Precision president, said that in 2019 the company expects additional revenues of an additional $8 million to be placed with the company.
"Creating the right foundation and support for our customers is a key component of the strategy for growth for 2019 and 2020," Pickett said.
And this projection:
Biggest News Yet (and this is only one of their subsidiaries!!):
Dalrada Financial Corp. Subsidiary Receives Purchase Orders, Forecasts Exceeding $2 Million From First Major Client
SAN DIEGO, March 6, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) Dalrada's wholly owned subsidiary Dalrada Precision has succeeded in receiving further purchase orders and forecasts exceeding $2 million for components from its first major client.
Additionally, the company is in final negotiations and qualification processes with five additional multinational companies. If successful, the sales backlog would exceed $10 million in fiscal year 2019.
Dalrada Precision CEO David Pickett said, "Progress is exceeding our expectations with our sourcing strategy, and we are continuing to seek strategic partners to further enhance our Internal Strategies. While actual sales revenues may not generate the total sales backlog we are confident that our run rate will match our forecast."