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.
Read this from their last 10-k:
"We are expecting orders from our Dalrada Precision customers of $1,400,000 during the calendar year 2020, and Likido has confirmed orders totaling $500,000 for January and February of 2020. The continuation of the Company as a going concern is dependent upon the continued financial support from its management, its ability to obtain the necessary debt or equity financing, and generate profitable operations from the Company’s planned future operations. We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund planned acquisitions and activities and there is no plans to induce conversion of existing debt."
It will be incredibly easy when this is trading 5-10x up from where it is now.
I'm cautiously optimistic we get good, or at least better Q2 numbers next week. But you're correct, the real fun likely won't begin until we get Q3 and Q4 numbers. Depends on what the precision arm has been up to. If they are anticipating 1.5 million for CY2020, you'd like to think there could possibly be something before end of Dec (Q2 2020).
Can someone please point out another SEC filing OTC stock consolidating at 11 year highs with a market cap under $2 million? Thanks in advance.
Hey man! Let’s get this thing rolling. Matter of time...
Please help me out... so you’re saying SEC filings have zero credence? I imagine the SEC might have something to say against that.
It will take just a small flurry of buying, and we'll be there in no time. The chart is looking very fine right here.
Nice little bit of buying. Then 15k posted on the bid at .042 got taken down immediately. Doubt it was retail at play on that bid hit. I'm thinking GTSM hit it as soon as the shares were posted. Funny stuff.
otcmarkets.com still shows us being a shell AND hasn't updated our SS numbers. Didn't we just file with the SEC???
It's not only locked, but as SPM and you have pointed out in previous posts, it seems almost impossible there is not a very significant short position involved here. Have you ever seen a stock that gets a tiny 1-10 share bid print almost daily for the last year? It doesn't happen. Very eyeopening experience.
Looky there, we've got a very nice bid there. Just a matter of time for folks to start showing up!
It'll take one buyer to clear out 4s and 5s... This will snap in a heartbeat. Get em while you can folks.
This is astounding. The most stellar chart we've seen ever followed up by a company making it's way from the ashes to SEC filings in just 2 years is quite the feat!
So we have 3 arms to the business at play here:
Alternative energy - Likido
Health - Cervical cancer screening equipment.
OEM/Precision - Cannabis extraction machine.
With Likido, we've been told to expect revenues in Q2 (period ending Dec '19).
With this Prakat deal now done for shares, we can expect that the shares are restricted, and Prakat is a multi- million dollar company.
I expect more news leading up to our next quarterly report. So much to love here! They can't hold it down forever...
Great news today! They are coming through on all fronts, yet here we are still with no new bids or any buying...
I'm sure it's just a total coincidence lol.
55 posts today... why isn't this on the Breakout Board??
They now have consequences for not filing with the SEC. I think we start seeing timely filings. They definitely matter.
Perhaps a PR before next Q release? That's what I'm thinking.
A small handful of those holders owns the majority of the float. This is beyond locked. I don't know how much more clearly the letters need to be written for retail to connect the dots.
From their Twitter just today:
Thank you for your interest in Dalrada Financial! We are developing this type of campaign and we hope to be able to roll it out soon. So stay tuned because we are excited for our plans for 2020.
— Dalrada Financial Corporation™ (@Dalrada_DFCO) January 30, 2020
I'm thinking we will have to wait another couple of weeks. They stated in the PR audited fins will be completed before end of month. But I wouldn't be shocked if they miss this deadline...It is coming, just a matter of when.
But they are websites, and you stated there were no websites. That is incorrect information.
No websites?
www.dalrada.com
www.dalradaprecision.com
www.dalradahealth.com
It's not enough to move the needle, no. Longs holding tight, and lurkers still lurking. Standstill continues for now. Let's get a little bit of buying pressure going and push toward .06 before we get any news.
I think the business plan is fairly clear from the company PRs:
"...the company is accelerating its multi-component business strategy by focusing on three core concepts: healthcare and pharmaceuticals, manufacturing and original equipment manufacturer (OEM) products, and low carbon clean energy solutions."
On the OEM front, they PR'd:
"The company has succeeded in addressing and repairing operational issues and was recently awarded a contract worth between $1.5 million and $2 million from its main client for the 2020 calendar year. Additionally, the company can confirm $300 thousand in sales from a major original equipment manufacturer (OEM) and is also expected to secure a contract valued at approximately $500 thousand from a new client as a result of the recent passing of a company facility audit."
On the clean energy front, they PR'd:
"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."
On the Health front, they PR'd:
"Dalrada Health, a wholly-owned subsidiary of Dalrada Financial Corp. (OTC Pink: DFCO), recently announced the filing of a provisional patent in India for their product designed to screen for cervical cancer."
We have yet to hear additional details about the cannabis extraction machine and the Prakat acquisition.
So if you mean a formal business plan, you may be correct; but I think anyone can connect the dots here. I see massive growth in the works coupled with the most amazing chart I've ever seen. We are on the brink of a large, extensive breakout coming in the very near future. Not to mention a locked float (which is true in this case).
Let's get the bids in the 5's to step it up, tighten that spread with some pressure on those 6's. This is going to be fun!
I guess my point was that this is a legitimate play without the company pumping and hyping their stock like the majority of the others out there.
How can this be a pump and dump without any pump? This is the opposite of a pump.
No doubt... I've had about 3 that have been total losses. Trying to avoid that moving forward :)
I truly hope it works out, but I'm glad you're at least aware of the risk here... total loss. I was a holder for a long while, and I ended up selling for a good sized loss on concern of them getting suspended.
SEC delinquent stocks are getting suspended all the time. Careful here
How is it BS? It's called accumulation. Price holding incredibly well. Still low volume, but it's beginning to increase. It's a matter of time, probably a week or 2 more of churning before busting out to dimeland.
Wow, this hasn't even really got started yet. This is just the preamble as to what is in store for us. It's been a long time coming, and I feel like the time has finally come.
As others have mentioned, it will likely be a volatile road to get to whatever target you might be expecting. Sell on the ask in blocks and hold a big chunk to ride into the distant future. This is a growth play, and it will be a rocky road. Just remember where we started from... the bottom, a shell. They are doing everything by the book, and they are doing this for a reason; this is a legitimate company with multi-million potential in each arm. And there are 3 arms to this business... I and others I know stretched our money and accumulated as many shares as possible to prepare for this scenario. Also keep in mind that this float is beyond locked with a potential large short here at play. If this squeezes, things will get chaotic in a very sweet way.
All that said, I certainly would not rule out a decent pullback/tree shaking to generate some volume as it has been relatively low so far. I've got my net out for just that scenario. Just think of the big picture at play here. .50-$1.00 is definitely not out of the question by any means. I wish you all the best... long time coming for most of us longs. And I welcome all the new shareholders to the party of a lifetime!
34s up. Let's get a little momentum going here.
This was 100% a coordinated effort. The 400k popped on the offer last minute of the day. That was immediately hit by a buyer with a million shares. So 400k filled and there are 600k left on the bid... Something is definitely up, especially given that these fins are due any day now.
Very well said!
We have a ticking time bomb here, and time is running out before we bust out. I'd like to see some more bidders in here to get things tightened up again, but overall it looks nice and ripe.
30 x 31... I think we are super close to liftoff.
He was quoting someone from twitter...
Charts paint the overall picture. The picture here is taking longer than expected, but at the same time it is getting better and better. The story is simply icing on the cake and will give us the fuel for a sustained run. Combine those aspects with a completely locked up float AND a potential large short position and we will all be stunned at how high this goes. Not to mention ZERO dilution up until the last report, which showed Bonar issued 1M shares to a colleague. More patience is required, yes, but we will get answers soon.
Why would they be laying all these things out so methodically only to have zero follow through? Trust me, I've played devil's advocate, and I cannot come up with a logical argument on the bear side.
This is going to be fun tomorrow!
I think after we get caught up with audited fins, we should see the company filing in a more timely manner. I would assume they are extremely busy building this company basically from the ground up... and these things take time. But you all are right, all of the NTs have been late, and they go past the NT date.
I was originally going to say no, but I think they have to audit the last fiscal year if they are filing a 10-k. Right? Doubt anything before that is audited.