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Saturday, March 09, 2019 3:00:54 PM
https://finance.yahoo.com/news/dalrada-financ...PPG4mSguEq
Printing 10-Year Highs daily! Unheard of on the OTC!
-47M outstanding shares
-38M Float
-1.4M market cap
-ZERO dilution going back YEARS
-No debt
-$3.9M NET Income last quarter
-$10M in projected sales for Dalrada Precision (according to Mr. Picket, article below)
-Top notch management
>CEO: Brian Bonar (former $TREP CEO, very successful restaurateur in CA)
>President: David Picket [CURRENT COO of NLight or (LASR:NASDAQ)]
-They just “won new business from a leading semicon equipment manufacturer”, and guess who makes said equipment?? That’s right NLight, or (LASR:NASDAQ)!
Is a 3/4 billion Nasdaq listed company really working with a 1M cap newly formed business of an OTC shell? It would appear so and even top management joined the team!
If they do 10M this year, as stated by the DFCO president($LASR COO), then 20M would be a fairly low valuation by any metric. That’s a TWENTY BAGGER from here! They have barely any costs right now cause they’ve just gotten started so profits could easily be over the current cap.
And why would the COO of a billion dollar large cap be president of a newly formed company that was an OTC shell? To sell NLight’s products and make bank of course. Why would he risk his reputation making claims like 10M expected this year from this 1 revenue stream? He’s confident that it will happen. They’re clearly not pumping this to the masses or it would be much higher already. They’re literally just getting started but the writing is on the wall IMO!
-new website https://c212.net/c/link/?t=0&l=en&o=2...cision.com
LAS VEGAS, Nov. 2, 2018 /PRNewswire/ -- A new subsidiary of Dalrada Financial Corp. (OCTBB: DFCO) has won new business from a leading semicon equipment manufacturer. A provider of mechanical parts, Dalrada Precision has received initial purchase orders valued at $100 thousand. Revenues will be reflected in the first quarter of 2019. The projection for these purchase orders is to reach approximately $2 million in value during 2019.
David Pickett, Dalrada Precision president, said that in 2019 the company expects additional revenues of an additional $8 million to be placed with the company.
"Creating the right foundation and support for our customers is a key component of the strategy for growth for 2019 and 2020," Pickett said.
https://www.otcmarkets.com/stock/DFCO/news/Da...?id=209025
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