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Friday, August 10, 2018 8:35:24 PM
I hear what you're saying, but I think you're putting too much emphasis on where we are at, as a negative.. We all know why the PPS is under a penny, I believe investors with vision can see this is a pure "comeback" play. Haven't you ever watched Rocky 3? =D
READ THIS: DRUS HAS MORE GOING FOR THEM NOW THAN WHERE THEY WERE AT WHEN PPS WAS .25 OR EVEN AT DOLLARS.
Doesn't get any better for a ticker under one cent:
---$24.6 reported revenues for period ending Sept 2017.
---Opening of Howco Distribution Warehouse in Connecticut Oct 30,2017. Revenue potential from this location alone:
"With the addition of our new Connecticut locations, we anticipate adding approximately $10 million in sales with approximately $600,000 in profit."
"This also gives us an opportunity to seek out new suppliers in Connecticut, Massachusetts, New York and New Jersey."
If one or more locations open up, revenues will increase accordingly.
https://droneusainc.com/2017/11/07/drone-usa-announces-opening-howco-distribution-warehouse-connecticut/
And even MORE REVENUE from Horst stellar DD-->
As of May 9 (the most recent day on the spreadsheet), Howco has roughly $11M just in federal contracts for fiscal '18. There's still the rest of May, June, July, August, and September to round out fiscal '18, and big contracts have come in since then, including $2M worth that was recently PRed. So assuming the same pace (with a bump for the recent huge contracts), Howco is on track for approximately $20M from federal contracts alone in fiscal '18.
But contracts have been ramping up as we all know, and I wouldn't be surprised to see $30M in Howco revenues from federal agency customers when fiscal '18 is said and done, especially with the monumental defense spending bill to be signed Monday. But Howco also serves state agencies and commercial customers in the US and abroad. I don't have a way of estimating non-federal revenue, but it's substantial, and it's safe to say 2018 will easily exceed fiscal 2017 on the Howco side.
This is to say nothing of the drone business, which may be going through the roof soon with the master agreement in Kentucky. And just wait for the new Drone USA e-commerce website tailored to military, police, and firefighters. More agreements with states are likely.
Feeling mighty good about this investment.
$DRUS
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