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Dalrada Financial Corp. (DFCO)

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Last Post: 12/14/2018 11:14:25 AM - Followers: 38 - Board type: Free - Posts Today: 2

(updated 11/28/18)

Dalrada Financial Corp. became pink sheet current in early 2018 and got caught up on all of their deliquent SEC filings. Their CEO is Mr. Brian Bonar who was previously CEO over at Trucept Inc. ($TREP) until early 2017.

https://seekingalpha.com/news/3246691-trucept-names-norman-tipton-ceo

Bonar's Linkedin profile: https://www.linkedin.com/in/brian-bonar-a123136

Bonar also has made a big name for himself in the restaurant business and I've found countless articles singing his praise in that avenue.

https://www.google.com/search?safe=off&client=firefox-b-1&biw=1390&bih=634&ei=aVr_W6LRMKG7jwSxio3wAg&q=brian+bonar++restaurants&oq=brian+bonar++restaurants&gs_l=psy-ab.3...18729.18729..19125...0.0..0.66.66.1......0....1..gws-wiz.nWwhjS-w_8M

Now that Bonar has retired as CEO of Trucept, I think he's finally giving his attention to his once pet project over here. He's technically been CEO of Dalrada for nearly 20 years however I get the impression they went dark a while ago and it's sat on the back burner for years. Something is up though, now that Bonar has time on his hands. The move to get the company current was the first sign of something brewing here and that's not a move a company would make for no reason. I guaranty you that all the fees to get current after years of not filing were not cheap.

If you piece together the few press releases that have come out since the company has become SEC current, you'll see the puzzle start to come together. Probably the most interesting bit of information that I've come across is $DFCO's president. His name is David Pickett and he's the COO of a semi-conductor company which trades on the Nasdaq ($LASR). As of today (11/28/2018) the company trades with a market cap of over $700 million and not too long ago it was trading with a nearly $2 billion cap. To put it simply, an officer of a company with that sort of pedigree would never mess around acting as the president of an OTC company with a market cap currently well under $1 million dollars without a damn good reason. If he is on board along with Bonar, I have to strongly suspect good things are on the horizon.

The share structure here is absolutely pristine. The O/S is 47.3 million and the float is 38.8 million, with Bonar owning 5 million shares himself. You can reference the filings going back years and you'll see the o/s or float haven't changed a bit.

The most recent press release spelled out what sort of imminent upside the company is looking at.

Dalrada Precision Inks $100K in Purchase Orders

PR Newswire

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.

 

https://www.otcmarkets.com/stock/dfco/news/Dalrada-Precision-Inks-100K-in-Purchase-Orders?id=209025

So according to that last PR the company is anticipating revenues of upwards of $10 million in 2019, and keep in mind who is making that claim. Of course any OTC CEO or president can and does make outlandish claims which often prove to be smoke being blown up our tail pipes, but Mr. Pickett is not your typical OTC president. His status as COO over at Nlight, which is essentially 1,000 DFCO's wrapped into one if comparing current market caps, adds a level of credibility rarely seen in the OTC world. When a guy with that sort of clout makes those sorts of statements and is on board with a tiny fledgling OTC company like this, I listen.

Between the company getting current, the management on board and the story being spelled out via their press releases, there's a lot going on here on the surface. The proof though is in the pudding, or in this case in the chart. With that much going on, you would suspect that smart money has been loading the boat. Right? If that were the case, the chart should reflect that sort of subtle underlying strength and should indicate accumulation has been taking place. Right? Well that's exactly what you'll see if you look at a 10 year chart for $DFCO.

The company going current in early 2018 sparked a huge rally which broke the price out of a 9 year trading range. Since then the stock has consolidated with textbook perfection above that old trading range. Now the stock has been building a new base above the old one and is only a modest move away from breaking it's current resistance in the upper .02s and from there it's on to a new 10 year high breakout. The beauty of this chart is that it's strong and bullish as it gets, yet in OTC terms it really hasn't even ran much yet. It had that one big spike and has since cooled off and settled down with nearly a year of consolidation. The big boys cleared out all of the shares under .01 a long time ago and now they're nearly finished taking all of the sub .02s as well. My opinion is that this chart below shows that the vast majority of the float is locked down and if you watch it trade and follow the L2s it will only confirm that theory. 

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=dfco&x=43&y=12&time=13&startdate=1%2F4%2F1999&enddate=12%2F16%2F2013&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50&uf=0&lf=1&lf2=0&lf3=0&type=4&style=350&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15


 
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#3207  Sticky Note Dalrada Precision became pink sheet current in early SPM555 12/10/18 09:59:15 AM
#3215   That may help DFCO temporary. The way things mckinley1 12/14/18 11:14:25 AM
#3214   Want Panzer to blast to .02? Takes about $500 Panzer 12/14/18 10:26:22 AM
#3213   I hope DFCO will do better. mckinley1 12/13/18 09:50:19 PM
#3212   Stick around a while and you will probably zepak 12/13/18 09:43:30 PM
#3211   Not much interest in DFCO. mckinley1 12/13/18 05:28:16 PM
#3210   Nicely done! Everyone interested in DFCO or just Hitman1127 12/11/18 08:36:01 PM
#3209   A one thousand share retracement. LOL. Can't wait floored 12/11/18 11:34:01 AM
#3208   Great review.....somethings brewing! zepak 12/10/18 10:58:13 AM
#3207   Dalrada Precision became pink sheet current in early SPM555 12/10/18 09:59:15 AM
#3206   All is quiet on the Western Front Panzer 12/07/18 11:56:34 PM
#3205   DFCO up 13.14% for the week with 94.1 floored 12/07/18 04:55:05 PM
#3203   Testing... Doug M 12/07/18 10:22:25 AM
#3202   Who sells 2 shares. Really! Aerausinc 12/04/18 01:15:24 PM
#3201   It doesn't matter to me if it prints SPM555 12/04/18 12:02:44 PM
#3200   Shoot me a PM if you or anyone SPM555 12/04/18 11:52:38 AM
#3198   So smart Panzer 12/04/18 11:08:19 AM
#3197   Great buying opportunity if anyone wants DFCO Shares. mckinley1 12/04/18 11:00:39 AM
#3196   That's great I could use more shares. Hope Panzer 12/04/18 10:44:17 AM
#3195   DFCO's PPS mid to low .01's coming. mckinley1 12/04/18 10:17:07 AM
#3194   Going to stand by that prediction? Panzer 12/04/18 10:12:39 AM
#3193   DFCO going back into the .01's as many mckinley1 12/04/18 10:00:03 AM
#3192   Genius post Panzer 12/04/18 09:52:11 AM
#3191   Same said about many OTC Pinks like DFCO. mckinley1 12/04/18 09:44:25 AM
#3190   Correct No interest in selling/share dilution ideal. Panzer 12/04/18 09:21:21 AM
#3189   In my many years trading I have not Panzer 12/04/18 09:20:42 AM
#3188   DFCO has a strong lack of any interest mckinley1 12/04/18 09:20:33 AM
#3187   Exactly strong lack of selling interest. Panzer 12/04/18 09:16:44 AM
#3186   The wait isn't worth it holding DFCO. Other mckinley1 12/04/18 08:21:34 AM
#3185   No nothing for DFCO. Not sure I've seen mckinley1 12/04/18 08:18:42 AM
#3184   I always wonder who else is and has SPM555 12/03/18 10:05:32 PM
#3183   Thanks for the incognito reply. Things are getting floored 12/03/18 09:06:57 PM
#3182   I have had DFCO on my short list tbattaglia 12/03/18 08:57:13 PM
#3181   Nice day today. Moving up from these zepak 12/03/18 08:39:25 PM
#3180   Where else can traders make 1,000% in 12 months? Panzer 12/03/18 07:14:13 PM
#3179   10X coming Panzer very patience for that. Panzer 12/03/18 07:13:46 PM
#3178   Correct, no selling or dilution. Best sign Panzer 12/03/18 07:13:25 PM
#3177   DFCO no volume and no interest. Waiting for mckinley1 12/03/18 06:57:59 PM
#3176   Just wait until volume comes in....Traders won't want Panzer 12/03/18 06:46:46 PM
#3174   Good day for DFCO. Profit taking time tomorrow. mckinley1 12/03/18 05:55:40 PM
#3172   $600 will be .0205. I smack the ask Panzer 12/03/18 01:40:06 PM
#3171   Yup, no selling or dilution. Learning? Panzer 12/03/18 01:38:46 PM
#3170   DFCO No Volume = No Interest here. Look mckinley1 12/03/18 12:43:32 PM
#3168   Yes, correct DFCO PPS hasn't hit .20. Must Panzer 12/03/18 12:03:12 PM
#3167   Awesome. DFCO's PPS never reached .20 and the mckinley1 12/03/18 10:07:40 AM
#3166   Panzer banking profits in .20 range watch and learn Panzer 12/03/18 10:01:38 AM
#3163   .02 is the battle line being fought over SPM555 12/02/18 11:29:38 PM
#3162   Many learn from companies like DFCO, after the mckinley1 12/02/18 11:20:30 PM
#3161   Zero reason to pump a locked float let Panzer 12/02/18 11:08:18 PM
#3157   Looks like no buyer willing to spend $2,000 mckinley1 12/02/18 05:43:53 PM
#3156   Please define "downward trend" Panzer 12/02/18 05:41:56 PM
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