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$DFCO NASDAQ BOUND!
Along with the recent organizational restructuring, our Board of Directors is taking the necessary steps to make Dalrada compliant with NASDAQ requirements. Once compliant, this will also allow the company to qualify for other national and global exchanges once we have satisfied all other listing requirements.
XENA is bosswoman of shorts - pays others to post nonsense just like her - all BS and lies - she can’t say anything good or she doesn’t get paid - put her on ignore and enjoy the monster run up as $DFCO uplisted to Nasdaq level
Dalrada Climate Technology currently has distribution agreements in Spain, Morocco, and France, as well as contractual agreements in place for the sale of 7,000 of our heat pumps. These heat pumps are scheduled to be built and installed over a seven-year period and have a potential revenue of at least $900 million. As a heat pump innovator and manufacturer, Dalrada Climate Technology figures to be an integral part of the global HVAC market—a market that was estimated to be worth $206 billion in 2023 and is poised to grow $70 billion in just a few years, reaching $280 billion by 20282.
Insiders buy large!
Showing confidence in Dalrada and its subsidiaries, the company’s officers and directors purchased 2.4 million shares (restricted). Additionally, as your Chairman and CEO, I have personally guaranteed a $1 million line of credit. The milestones achieved and the actions of the board of directors and myself should be an example of not only our commitment, but our ongoing confidence in the future success of Dalrada.
Recognize HUGE Growth and Reduced Authorized Shares...
We expect to realize expansive growth from our current contracts that we know will accelerate our return to positive net equity. In addition, as part of the organizational restructuring, management has decided to decrease the number of authorized common shares. The company is committed to pursuing strategic financing as it arises for the betterment of the company and its shareholders.
$DFCO NASDAQ BOUND!
Along with the recent organizational restructuring, our Board of Directors is taking the necessary steps to make Dalrada compliant with NASDAQ requirements. Once compliant, this will also allow the company to qualify for other national and global exchanges once we have satisfied all other listing requirements.
Dalrada Files 8-K; Chairman and CEO Shares Exciting News and Provides Future Outlook
Open letter to shareholders discusses recent updates from the company’s climate tech and healthcare divisions and looks at tremendous growth opportunities.
February 13, 2024 08:00 AM Eastern Standard Time
SAN DIEGO--(BUSINESS WIRE)--Dalrada Financial Corporation (OTCQB: DFCO, “Dalrada”), a problem-solving innovator that addresses complex, multi-disciplinary global challenges in climate technology and healthcare, announced that it had filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC), in which company Chairman and CEO, Brian Bonar, penned an open letter to the company’s shareholders. In it, he describes the past year’s exciting accomplishments and offers a look ahead at 2024. The content of the letter is found below.
To our Shareholders,
I would like to take this time to address our valued shareholders about the events of 2023 and our expectations for 2024. I will share how two of our leading businesses—within the healthcare and climate technology sectors—formed a solid foundation for Dalrada’s overall progress and success not just in 2023, but beyond.
As I reflect on the positive results and milestones we achieved in 2023, I realize that it was quite a transformative year for Dalrada. Not only did the company continue its successive quarterly revenue growth, but at the close of the fiscal year, Dalrada saw an impressive 54.3% revenue increase from the prior year. Increased revenues totaled approximately $30 million, which was $10 million more than the 2022 fiscal year.
By design, much of the current revenue growth has come from Dalrada’s Genefic segment. A consistent revenue stream from Genefic has facilitated the ability to further our climate technology expansion and heat pump manufacturing capabilities. This includes a testbed facility in Las Vegas, a manufacturing and production center in Scotland, and a production plant in Spain.
With the global specialty pharmaceuticals market projected to reach $568 billion by 2026 and the U.S. market alone projected to reach $520 billion over the next five years1, we expect Genefic’s specialty pharmacy subsidiary to firmly position itself with a substantial percentage of the market share. For 2023, Genefic’s year-end revenues were $15,740,919—an increase of 15.6% from 2022. We are very excited about the future of Genefic as we continually expand its specialty pharmacy business. Genefic has 50-state licensed capabilities plus a physical presence in North Carolina, Georgia, Tennessee, and Alabama, with an aggressive state-by-state roll out plan for the remainder of states during the current fiscal year.
Dalrada Climate Technology currently has distribution agreements in Spain, Morocco, and France, as well as contractual agreements in place for the sale of 7,000 of our heat pumps. These heat pumps are scheduled to be built and installed over a seven-year period and have a potential revenue of at least $900 million. As a heat pump innovator and manufacturer, Dalrada Climate Technology figures to be an integral part of the global HVAC market—a market that was estimated to be worth $206 billion in 2023 and is poised to grow $70 billion in just a few years, reaching $280 billion by 20282.
Additionally, we are currently investing in patenting our unique proprietary carbon credit software. This software can be used with our heat pumps and other machinery, and features patent-pending technology that is able to create and issue verified carbon credit tokens. Innovation like this will further accelerate Dalrada’s growth in leadership within the climate technology sector.
For Dalrada to continue supporting our growing subsidiaries and succeed financially, it must invest in its future. The losses we incurred during our growth period of 2023 are based on the acceleration of acquisition cost and the support of our rapidly-growing subsidiaries and affiliates in the climate technology and health space. It’s also important to point out that the most significant portion of our losses were not operating losses.
Showing confidence in Dalrada and its subsidiaries, the company’s officers and directors purchased 2.4 million shares (restricted). Additionally, as your Chairman and CEO, I have personally guaranteed a $1 million line of credit. The milestones achieved and the actions of the board of directors and myself should be an example of not only our commitment, but our ongoing confidence in the future success of Dalrada.
Along with the recent organizational restructuring, our Board of Directors is taking the necessary steps to make Dalrada compliant with NASDAQ requirements. Once compliant, this will also allow the company to qualify for other national and global exchanges once we have satisfied all other listing requirements.
We expect to realize expansive growth from our current contracts that we know will accelerate our return to positive net equity. In addition, as part of the organizational restructuring, management has decided to decrease the number of authorized common shares. The company is committed to pursuing strategic financing as it arises for the betterment of the company and its shareholders.
On behalf of the Dalrada team, I would like to thank each and every shareholder for your continued support as we enact our vision and strategy to bring continued success to our organization. If you have any questions or comments, feel free to reach out to me at ceo@dalrada.com.
Brian Bonar, Chairman and CEO
Who Xena - ya she’s the worst of the worst on ihub lol
Best Advise - Xena is hired by shorts - no matter how good news $DFCO put outs - she obligated to spew BS and Lies or she does not get paid - she add 0 value here. The worst on Ihub imo
Just POS MsNelson, her cronies, and Lebby working together to cash out big time - dumb investors buying $LWLG with no future - Not a single recorded $ in sales for over 20 years, HUGE Losses, just more dilution!
XENA is bosswoman of the shorts - she need to step up her BS to get paid here - not doing a good job - all her post are fabrication and lies - she hires others to pop in once in a awhile to spew her BS lol - Apparently Bonar envy
LOL just drunk again posting at 5am lol she Bonar fixated lol
Nice Alert $DFCO is on the verge of a major breakout - over 100MM back log of sales in multi- billion dollar market
$DFCO is a Nasdaq $5 buyout play in the making
Xena is a boss woman for the shorts and POS MsNelson with tunnel vision. Her post are all BS and jibberish and will shoot down anything because it will hurt her short position
POS MsNelson and Shorts are on the ropes now - millions of shares short with average price of $.20 - they will get squeezed hard when this breaks above this level
I've been here for awhile LOL
Ya, got a good chunk of it from under $.10 to $0.20 and locking them away until $5 Nasdaq Buyout price :)
$DFCO nice bounce move today - looking to see over $0.20 Monday - those who bailed early this week are kicking themselves not. $DFCO can move fast here, the impatient will get burned, prob Jstock sold again taking a loss - I'm sure he will be back bad mouthing lol no doubt hired by XENA and Shorts.
This XENA poster is bosswoman of the shorts, only speaks BS and Gibberish. IMO she pays some to post when some of them from time to time pop in, and most of those posters (just like her) appear about as lost about to what Bonar has built over the years!
Dalrada (publicly traded under the symbol $DFCO) applauds the recent landmark agreement signed by nine states, including California and New York, to prioritize the adoption of heat pumps. Read more here:
https://www.theverge.com/2024/2/7/24063751/heat-pump-mou-nine-states-california-new-york
Bonar continues to buy in the open market too - not to mention a $1M line personally guaranteed! Definitely shows confidence in $DFCO - I doubt he would risk that much unless he know where DFCO is headed - Nasdaq Bound!
https://www.otcmarkets.com/filing/html?id=17249140&guid=Cud-keoFaVlHJth
Dalrada Climate Technology currently has distribution agreements in Spain, Morocco, and France, as well as contractual agreements in place for the sale of 7,000 of our heat pumps
Dalrada Financial Corp. Open Shareholder Letter from the Chairman and CEO, Brian Bonar
I would like to take this time to address our valued shareholders about the events of 2023 and our expectations for 2024. I will share how two of our leading businesses —within the healthcare and climate technology sectors—formed a solid foundation for Dalrada’s overall progress and success not just in 2023, but beyond.
As I reflect on the positive results and milestones we achieved in 2023, I realize that it was quite a transformative year for Dalrada. Not only did the company continue its successive quarterly revenue growth, but at the close of the fiscal year, Dalrada saw an impressive 54.3% revenue increase from the prior year. Increased revenues totaled approximately $30 million, which was $10 million more than the 2022 fiscal year.
By design, much of current revenue growth has come from Dalrada’s Genefic segment. A consistent revenue stream from Genefic has facilitated the ability to further our climate technology expansion and heat pump manufacturing capabilities. This includes a testbed facility in Las Vegas, a manufacturing and production center in Scotland, and a production plant in Spain.
With the global specialty pharmaceuticals market projected to reach $568 billion by 2026 and the U.S. market alone projected to reach $520 billion over the next five years, based on recent data1, we expect Genefic’s specialty pharmacy subsidiary to firmly position itself with a substantial percentage of the market share. For 2023, Genefic’s year-end revenues were $15,740,919—an increase of 15.6% from 2022. We are very excited about the future of Genefic as we continually expand its specialty pharmacy business. Genefic has 50-state licensed capabilities plus a physical presence in North Carolina, Georgia, Tennessee, and Alabama, with an aggressive state-by-state roll out plan for the remainder of states during the current fiscal year.
Dalrada Climate Technology currently has distribution agreements in Spain, Morocco, and France, as well as contractual agreements in place for the sale of 7,000 of our heat pumps. These heat pumps are scheduled to be built and installed over a seven-year period and have a potential revenue of at least $900 million. We have commitments for 300 of those heat pumps which are expected to be built and installed during 2024. As a heat pump innovator and manufacturer, Dalrada Climate Technology figures to be an integral part of the global HVAC market—a market that was estimated to be worth $206 billion in 2023 and is poised to grow $70 billion in just a few years, reaching $280 billion by 20282.
Additionally, we are currently investing in patenting our unique proprietary carbon credit software. This software can be used with our heat pumps and other machinery, and features patent-pending technology that is able to create and issue verified carbon credit tokens. Innovation like this will further accelerate Dalrada’s growth in leadership within the climate technology sector.
For Dalrada to continue supporting our growing subsidiaries and succeed financially, it must invest in its future. The losses we incurred during our growth period of 2023 are based on the acceleration of acquisition cost and the support of our rapidly-growing subsidiaries and affiliates in the climate technology and health space. It’s also important to point out that the most significant portion of our losses were not operating losses.
Showing confidence in Dalrada and its subsidiaries, the company’s officers and directors purchased 2.4 million shares (restricted). Additionally, as your Chairman and CEO, I have personally guaranteed a $1 million line of credit. The milestones achieved and the actions of the board of directors and myself should be an example of not only our commitment, but our ongoing confidence in the future success of Dalrada.
Along with the recent organizational restructuring, our Board of Directors is taking the necessary steps to make Dalrada compliant with NASDAQ requirements. Once compliant, this will also allow the company to qualify for other national and global exchanges once we have satisfied all other listing requirements.
1
We expect to realize expansive growth from our current contracts that we know will accelerate our return to positive net equity. In addition, as part of the organizational restructuring, management has decided to decrease the number of authorized common shares. The company is committed to pursuing strategic financing as it arises for the betterment of the company and its shareholders.
On behalf of the Dalrada team, I would like to thank each and every shareholder for your continued support as we enact our vision and strategy to bring continued success to our organization. If you have any questions or comments, feel free to reach out to me at ceo@dalrada.com.
Brian Bonar, Chairman and CEO
Ok good to know , scooped a piece of that at a good price and locking the shares away. $DFCO too much potential here - this should be already over $1
This XENA poster is bosswoman of the shorts, only speaks BS and Gibberish. IMO she pays some to post when some of them from time to time pop in, and most of those posters (just like her) appear about as lost about to what Bonar has built over the years!
She wont talk about facts because it will give too much credit to $DFCO and Bonar. Xena is hired help from Pos MsNelson and shorts. She pays others to post nonsense - and BS from over 20 years ago lol.
The facts are $DFCO is sitting on $100MM in backlog sales, increase y/y revenue, and top notch Management team!
$DFCO is a Nasdaq $5 buy out play!
How can they talk about a company with 0 revenues, HUGE cash burn , and HUGE losses - will make them second guess themself why they are shareholders in the first place.
All the others and XENA hired help to pump the board up prob gets a good chuck of Lebbys cash outs!
There really nothing to talk about with this POS stock - you can thank POS MsNelson and Lebby for this disaster!
LOL anyone see worth in her post must be on her payroll - Same nonsense day in and day out - best to have her on ignore.
LOL prob because Shes the biggest turd on investorhub - all BS and acts like a 5 year old - good riddance. Too bad $LWLG doesn't get rid of Lebby who's been cashing out $Millions our of the stock.
Maybe jstock lol he always have poor timing, all good to pick up more cheap shares especially from him - stock reversal coming, wait for breakout news. Sellers here will regret just as the sellers um (jstock lol) sold under $0.10. $DFCO $5 Nasdaq buyout play!
This XENA poster is bosswoman of the shorts, only speaks BS and Gibberish. IMO she pays some to post when some of them from time to time pop in, and most of those posters (just like her) appear about as lost about to what Bonar has built over the years!
Just POS MsNelson, her cronies, and Lebby working together to cash out big time - dumb investors buying $LWLG with no future - Not a single recorded $ in sales for over 20 years, HUGE Losses, just more dilution!
The only thing he stepping up is his selling LOL
Yep and you can thank POS Ms Nelson and her cronies cashing out as well as LEBBY liquidation of shares. Only fools are buy this garbage now - No Sales, Huge Losses - Poor Management. This will eat up any cash reserves super quick!
$DFCO solid performing Day today with close to 100% buy volume showing some solid accumulation over the past few days and ready for a major break out!
$DFCO $0.2040 - I love it when I'm always right :D - $DFCO primed for a major breakout here!
$DFCO will definitely see over $0.20 this week - you are right on with the last jump close to $0.50 where volume was low just before the huge POP. Locked float, shorty has no where to hide, they will be triggering the breakout soon enough!
I agree with you Float it is all locked up and shorts will be pushing this higher, looking for another squeeze short term to $1+