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I agree it's a huge risk, but the purchase of Datron with 50 years of business and their ready access to govt contracts is worth thinking about. No more to say on all that.
Let's go DBPT
PB,
This is my first post here and I greatly value your insights and research on this stock. I'm locked and loaded for the long run and would love to be added to your Alerts List.
In the way of reciprocating, I'd like to just mention a stock you might check out--CYBL. It's publicly stating drone contracts for Ukraine worth $100 million+ and yesterday announced the purchase of Datron, a defense contractor with $70 million revenues for last year and has been in business for 50 years.. The stock currently has a CE label which it's been trying to remove, so it's right now only available for trading by foreigners. Obviously, incredible high risk, but if that CE gets removed we could be talking about a stock with $200 million in 2023 revenues (with the Datron purchase).
Just thought it might be something worth checkning out. Keep up your wonderful work and don't get dismayed by the bashers.
If Americans could legally buy, I'd be buying a ton now at these prices. This Datron deal is major news. As a recent poster noted, not only does it add at least $75million in revenues but it opens the door to hassle-free contract opportunities with Datron's current contracts and contacts. A giant Win-Win all around.
The share price this week??
One would think that the Datron news would get some Canadians moving on this stock. With their $75million in revenues for 2022, and CYBL's $100 million + in contracts, we're looking at a $200 million company.
And Brett Rosen says he lives near Datron in San Diego and will be publishing a report about his visit to the headquarters this week,
So things could get interesting here very soon.
Yes, you're right!! I thought the earlier history info made a little sense, but we're in wackadoo land now.
English would be nice!!!
[b]Re: Datron Acquisition
Are you suggesting that Datron is not a legit company too???. They've been in business for 50 years with reported revenues 2022 of $75 million. You're no longer making any sense here.
Great points. This is certainly the most significant thing that's happened here in the past 2 years. Gotta believe it should have some impact on the CE removal, and then a share price increase as well.
From the Datron Website:
Datron World Communications is the price-performance leader for tactical military communications equipment recognized globally for performance, ease of operation, serviceability and low life-cycle cost.
Datron has customers in over 80 countries that benefit from communications systems supported by a global representative network. For over 50 years, Datron has partnered with governments, militaries, public safety organizations, security forces and commercial users worldwide to develop communications solutions.
Datron provides a comprehensive selection of reliable HF and VHF military voice and data radio products, rapidly deployable IP networking solutions. All product design and manufacturing is done at our ISO 9001:2015 certified facility in Vista, California, U.S.A.
MISSION AND PURPOSE
A self-sustaining, profitable communications company which positively impacts the lives of others today and in the future.
CORE VALUES
Our families come first
Honor and serve others
Conduct ourselves ethically and with integrity
Honest and trustworthy
Uncompromising in our values
QUALITY POLICY
Datron World Communications is committed to providing customers with performance they require and value they expect through continual process improvement.
In
In all modesty, I might claim that my constant nagging may have forced Schmidt to do something to just shut me up!! So, just credit me for the Datron acquisition news!!!
At any rate, this seems like major news so the next few weeks could get very interesting.
Great news. Thanks
I've been asking about SPECIFIC ISSUES, not things in general. Aker's analysis about the ambiguous share structure is an example of a specific issue with the OTC.
I hope that clarifies things.
In addition, if Rosen knows more about why the CE hasn't been removed, why is he reluctant to share it with shareholders. If that's the case, I certainly don't see it as a positive. Anyone care to argue for it being a positive?
Ok. Sure hope your optimism pans out. You would think something would have happened with the CE in 9 months.
I guess it's a good sign that Rosen's still optimistic, although the track record here is not very inspiring.
Ok. That sounds fine. But how do shareholders benefit from any of that with the CE intact?
What's your take on why Brett Rosen says he can't understand what the reason is for the CE non-removal?
And why would that be, with the share price heading south every day?
Wow!! You've been here since 2010!! That's a whole lotta long term pain.
I guess we have to start seriously entertaining the view that they don't want the CE removed because they've got other plans in mind--plans which probably don't benefit shareholders. None of that supposed $100 million in drone contracts looks like it's gonna trickle down to shareholders.
Still can't understand how the main investor--with $6 million at stake here--has no idea what is going on with the OTC.
Looking like we're all toast.
Interesting info about a disturbing history. Not feeling good about the prospects here given the OTC's reluctance to act on the CE.
When the major investor and management can't tell you why some major negative is happening, you're in serious trouble.
What do you think is the major sticking point for the OTC in the CE removal process?
Simply can't make sense of all this except for Aker's point about the fuzzy share structure.
And : "as soon as it commences operations."
How long, if ever, is that going to take for Green Eagle to "commence operations."
Can you elaborate on what that means? Clearly, like everything else here, it doesn't look good.
MORE ON WHY THE CE LABEL IS STILL ON:
Sam Aker's analysis of the company's last 2 financial reports provides one of the only SPECIFIC REASONS FOR THE CE LABEL CONTINUANCE: based on the current share structure, the OTC can't determine who really owns this company.
Has anyone seen any other explanations?
Re: Recent Rosen Interview
Thanks. Listened to the Rosen interview. He's got about $6 million invested here and says he hasn't sold a single share. He's still very optimistic that THE CE WILLBE REMOVED BY OTC MARKETS.
But, more importantly, like the rest of us, he hasn't got a clue why the label is still on. How could that be? Hasn't the company been in continual contact with the OTC for the past 9 months since the CE was placed on 12/9/23?
How can none of the key investors or management not know why the CE label is still on?????
The company is clearly legit, but none of this makes any sense.
A wild, more nefarious scenario might assume that management doesn't want the CE removed because they've got other plans in mind, which don't promote shareholder interests
Comments welcome.
Market appears to have no respect for Hodson. Six quarters of profitability and we always head South, not North. Could have something to do with his failure to follow through on his always optimistic projections--like whatever happened to the Green Eagle acquisition? Total silence on that and total disregard of shareholders' interests.
Thanks for the update. Still holding.
Do you see the CE ever coming off? What do you think is the problem here?
Granted,, there are serious problems with the OTC Markets, but certainly any company that was really committed to removing it would have succeeded after 9 months.
correction: CE applied 12/9/22
CE Timeline since application on 12/9/23:
9 months and 16 days.
Share price: almost 0
Great news. The company appears to be doing quite well.
Shareholders, however, can't benefit at all since the CE label makes trading impossible and the share price is close to zero.
It looks like the OTC Market folks appears to want nothing to do with this company. As long as as the CE label continues, the OTC message is that this is a very risky company for investors.
How does one make sense of all this?
CE Placement Timeline Since Placed by OTC on 12/9/22:
Now 9 months and 13 days
Ok. Thanks for the response. I'll keep holding.
Question for the Board:
Obviously, the company is in no hurry to get this dividend/income disbursement issue settled. What makes anyone think they will ever decide to deal with this issue? Are they suffering any consequences from delaying eternally here?
Timeline of CE Placement:
OTC placed it on 12/12/23--Today is 9 months and 9 days since then
How many think it will be removed by 12/31/23?
We've got nothing until it's removed.
Sorry no speak da Jangalese here
English please
What is Hodson's Reputation in the MJ community? Is that a major problem for this stock?
Doesn't management owe shareholders an explanation of why the OTC has not removed the CE after 9 months and 2 quarterly financials? What are the sticking points here?
The company appears to be selling drones, and according to Rosen in the last Fireside Chat, has over $100 million in contracts. Any yet we can't trade this stock???
Something is very wrong here.
I sure hope I'm wrong, but consider Rosen's comments on that recent Fireside Chat and check this Message Board for his previous Fireside Chat comments: Rosen simply has no track record at all on his past 9 months of comments about the CE label being removed. You would think someone who's given the company $6 million would have some real insight into this OTC CE label process. Well, you'd be totally wrong. Nothing he's said in the last 9 months since the CE label was applied has had "any legs at all" in terms of accuracy.
The only person who has called this scenario correctly is Sam Aker with his detailed analyses of CYBL financial reports and his questions about who actually owns this company. Maybe he'll be proven wrong and the CE will be removed.
I've been here for almost 2 years and I wouldn't bet on it. All U.S. shareholders are facing a possible total loss here without the CE being removed.
Looks like "lights out" to me. Somebody's doing well here, but it sure as hell aint the shareholders. Not much to feel good about .Management is nowhere to be found and the optimistic projections about CE removal have faded into thin air.
Things are very puzzling here so it wouldn't surprise me to see some class action law suits, although usually only the lawyers benefit from that through incredible legal fees.
We're cooked like a Thanksgiving turkey. I'll put the fork in in December if no miracle happens by then.
Company appears to b doing well. When will that trickle down to shareholders and CE removal????
Can the OTC figure out who owns CYBL and then remove the CE label?
It looks like the critiques by Sam Aker of the latest financial filings may explain the failure to have the CE label removed. Aker argued that it was still quite difficult to figure out who own this company. Why wouldn't the OTC have the same difficulty?
Perhaps that's why we haven't seen any positive signs from the OTC now that a month has passed since the last financial filings and 9 months have passed since the CE label was applied..
As a long(long suffering, that is) shareholder here, I sure hope I'm wrong about this. But what other interpretations make sense here?