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Pretty good day considering this has been dead for a while. Runway seems cleared now.
At least into stronger hands...
My guess is we get audited fins when the revenues hit. They will probably try to uplist at that point. Should definitely bring in some buyers. It will also be really interesting to hear when they think the prototype will be done. Im guessing thats months out but if the machine works then this could go parabolic.
Could be perfect timing....
Finally some life!
Yup exactly. Also, one of the previous PRs mentioned they were in final negotiations and qualification processes with other multi national companies. Those deals can always take a little longer than expected so we may hear something on that front as well. All of these items will create a nice pop once we get them.
Im just guessing but it appears 100k purchase order that announced on 11/2/2018 was booked as revenue prior to July. The PR from 3/6/19 states that additional POs have been received and they were forecasting 2M from that particular client. My guess is that we will see some updates on these revenue figures in the coming months and perhaps coinciding with audited fins.
Mr C that is some good stuff....lol
To hit .50, the company will need to show revenues and a growth path to justify that valuation...imo
Gotta show some revenues to justify...
Due for some sales updates for sure...
Someday Mark will get an itch...
Seriously...
Audited big revs
Need the revs for dollarland
Agree. We seem to getting a PR almost once a month.
I'm hoping the next PR we get some sales updates....
I will take the under on that one...
Also, was wondering if that capital that was raised would be for building the prototype...we will see.
The design is done...just wondering when they expect to build the first machine and what the timeline looks like from here.
Agree...great buying opp
Thanks. We can definitely see they are going after the CBD space hard. I really would like to know the timeline on getting the extractors to market.
Is that the first time they have mentioned anything about Dalrada Health and distributing medical equipment and supplies?
Agree Mr C. Something will eventually happen. Richards isnt stupid and will want a return on this investment at some point. Sooner would be better than later though!
Richards is pretty tight lipped so I doubt there are many people who know exactly what his plans are. Obviously, whatever he has been doing for the past five years hasnt been successful as of yet.
You should propose that to him...you might catch him on the right day!
Seems to be CBD related. I will be interested to learn more ab9ut the plans for that one. I don't see much out there on it but I'm sure they will try to tie them all together.
Good to know...thanks
I should have re-read the filing. They have 15 calendar days after the late notice to file. Should hopefully see something in the next few days....
I like your thinking PA. I was thinking a large banner they could put in the office but a t-shirt would work!
He's looking for $1+
Maybe there is a little more meat on the bone since they are late?
Time to make some of that money back!
IR I was just being a little sarcastic. Definitely wasnt getting the man crush vibe between the two of you...lol.
Yeah we need your buddy to drop the K for the big show.
You got your 100k...
That will come...
PR from last November was for initial PO of 100k that was to be realized in 1st quarter of 2019. That will be reflected plus whatever else they were able to secure by Q2. Either way we should be sitting in a good spot.
Agree. There has to be something there but if you notice on the 3/6 PR he mentions that they say actual sales revenues may not match total sales backlog but they are confident the run rate will meet the forecast.
To me, updated sales numbers are where its at. The revs will most likely be realized in fiscal 2020 year. 2020 would set up to be a monster year.
Im not banking on huge revenue numbers for fiscal end of year since first PO was announced in March. I am curious to hear what the updated sales look like...that will be a big tell for me.