Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hopefully, quiet before the storm.
Revs on the books, acquisition of Prakat, extractor prototype built to name a few...
The right news is going to send this much, much higher
IR sometimes even a blind squirrel can find a nut. I agree the price action hasnt been indicative of a big move yet but we have seen crazy stuff before (2M volume day this past fall) out of nowhere. Nobody here including yourself and PA know exactly what will happen. It seems like there is chatter that a Q and possibly more will be filed soon. If it doesnt happen I won't be surprised. If it does then it's about damn time.
They will go to otcqb. Better exchange, accessible to more investors, and more transparency for investors.
Correct
They were expecting by end of the year. They almost always take longer than expected though. I would hope to hear something by the end of this month. Bonar seems move pretty quickly.
Uplisting may give a little boost. I think closing the Prakat deal will be much more significant. Company needs revs on the books.
Agree...this is purely to uplist. Its easier to attract investors and adds a lot more credibility if they are on QB.
I don't think the numbers will be any different than what they havr posted. However, the company does a good job of communicating regularly. Audited fins will help them uplist and set the stage for much higher anticipated revs in 2020.
Most otc companies are never on time. Most important is that eventually execute.
Patience
Its never done till its done no doubt
Still very thin and doesn't really mean anything. Waiting on bigger news with more meat to it.
About time...
Hopefully, Prakat news in the next few weeks. Also, waiting to hear an updated timeline on the extractor.
Everyone is parched thats for sure...
Agree
Stay thirsty my friend...
SEC filer and uplisting to boot. If the King can finally execute it will run hard
Q1 could be pretty epic. Lets see what Bonar gets done!
PA- Its always been on Richards timeline....nobody else. He has 8 million reasons to finish this. I have a feeling the Q comes soon and then we get some meat. Lets see what happens...
I believe you need $4 per share for Nasdaq. Most likely will go to otcqb. If they achieve 100M in revs then Nasdaq might be an option.
Depends on the terms of the deal with Prakat. Could be .20. Should have lots of news in 1st quarter. Audited fins, uplist, news/status of cbd extractor, Prakat acquisition, ect. Once revs start hitting the books there will be big time momentum.
Happy New Years IR...hope springs eternal for 2020!
Here's a good question for those of you contemplating what the future share price should be. If you owned a company that had a patent pending product in a multi billion dollar industry that is projected to do 6 million in 2020 how would you value that company? Bonar acquired that company for 325K in stock. If I were the acquired company there is no way I would be doing that deal unless I was damn certain the share price would get north of .50. My guess is their number is considerably higher than that. Food for thought as we should have many more updates headed into early next year.
I would say that doesnt bode too well for getting a Q before the end of the year. Hopefully, I'm wrong...
Much more to come...2020 will be full of good updates.
I would say all three arms have 100M+ potential. If we hit on one of them we go over a dollar.
If the acquisition goes through with the Prakat, we could be looking at 10-12M in revenues for 2020. 2020 is going to be sick!
Exactly Hitman...Bonar moving at warp speed...lol
DFCO Announces Acquistion
Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
https://c212.net/c/img/favicon.png?sn=LA65094&sd=2019-12-12 View original content:http://www.prnewswire.com/news-releases/dalrada-acquires-cutting-edge-scottish-green-energy-company-300973840.html
DFCO Announces Acquisition
Dalrada Acquires Cutting-Edge Scottish Green Energy Company
HENDERSON, Nev., Dec. 12, 2019 /PRNewswire/ -- Dalrada Financial Corp. (OTC Pink: DFCO) announced today that is has acquired Scotland based low carbon, green energy company, Likido Limited. The move comes amidst the company's accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.
Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world's expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75%. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a non-toxic, non-flammable, environmentally inert, CFC/HFC free "natural working fluid." The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 25% of the energy of traditional boilers and electric heaters. "Globally, the International Energy Agency (IEA) estimates that the heating and cooling sector could contribute the largest portion of carbon savings by 2030. Our partnership with Dalrada will fulfill our vision to maximize our potential together," said Likido CEO Stuart Cox.
Likido estimates revenues of $250,000 for quarter ending December 30, 2019, including a short-list of Fortune 500 customers indicating desire to use Likido systems to reduce costs and environmental impact of their operations in 2020. Revenue forecasts for the company exceeds $4MM for fiscal year 2020.
The purchase is for 100% ownership of Likido LLC in exchange for Six Million One Hundred Eighteen Thousand (6,118,000) common equity shares of Dalrada Financial Corporation. Additional details of the transaction will be included in the MD&A for the three months ending December 30, 2019.
"Dalrada is in the business of discovering products and solutions for niche markets that align to our corporate strategy by offering innovation that meet unmet needs worldwide. Likido is a true innovator in the low carbon clean energy space, with a talented and experienced management team, and we are excited to help take it to the next level," said Dalrada CEO Brian Bonar.
Likido is headquartered in Edinburgh with operations in Loanhead, along with other established locations in Hong Kong and Malaysia.
About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
About Likido Limited
Likido is an international technology company, developing advanced solutions for the harvesting and recycling of energy. Using its novel heat pump systems (patent pending), Likido is revolutionising the renewable energy sector with the provision of innovative modular process technologies to maximise the capture and reuse of thermal energy for integrated heating and cooling applications. With uses across industrial, commercial and residential sectors Likido seeks to provide cost savings and to minimise carbon emissions across supply chains. Likido's novel technologies enable the effective recovery and recycling of process energy, mitigating against climate change and enhancing quality of life through the provision of low-carbon heating and cooling systems. For more information, please visit www.likido.net.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
https://c212.net/c/img/favicon.png?sn=LA65094&sd=2019-12-12 View original content:http://www.prnewswire.com/news-releases/dalrada-acquires-cutting-edge-scottish-green-energy-company-300973840.html
Could very well be the case...at least he cleaned up most of the issues this year. Now time to deliver...
Give it a few months, she should look a lot prettier!
Someone keeps flashing it and taking it down.
Marketcap still just over 2M....lots of room to run.
Correct Gumza! I love how we are moving up and still nobody knows about it.
Good point...lol