Dais Corp (fka DLYT)

[JenningsB]

There is no near term catalyst to move this stock. Earnings for Q2 declined from Q1. Earnings for Q1 declined from Q4. There is a big note due September 12 which will mean more dilution.

The Haier deal and its supposed value were pumped ad nauseum on here. This is what the filings actually said:

"The new product is anticipated to have a significant revenue impact for Dais, projected to be $73 million or more annually when successfully field tested and fully deployed."

This sentence is nothing but hype - "anticipated" "projected" - there is no concrete value stated here. They offered no details on how they arrived at that number. I'm not shocked, given the deteriorating relations/tariffs/trade war with China, that this product is still in the prototype stage and any revenue from it has been pushed back to Q2 2020. Somehow I think it gets pushed back even further.

I've followed this company a long time and traded it several times. If anyone had gone back further in their research they'd also find DLYT had a $200-million China deal in 2009. Nothing ever became of it. Happy reading -- https://www.google.com/search?q=dais+analytic+china+%24200+million&oq=dais+analytic+china+%24200+million