Monday, February 03, 2020 12:18:34 PM
-2007/2008 prior company is wiped out during the financial collapse. Company settles with debtors and loses all their assets in the process. $DFCO becomes an empty shell with a very healthy share structure.
-2018 Jan/Feb company files with OTC.com showing first signs of life in over a decade and confirms o/s at 47.3m and float at 38.3m.
Over the next nearly 2 years the company begins hiring talent and incorporating new business subsidiaries, with happenings recently bubbling over thanks to filing an audited 10k for the past 2 years with the SEC (first SEC filing in over 10 years!) and 2 huge acquisitions netting millions of revenue for 2020. This on top of one of their own subsidiaries (Dalrada Precision) having $1.4m in orders set for 2020.
There's too much to list but for the past 2 years the company has been putting together this puzzle, piece by piece. The potential here with this company is staggering when you factor it against it's current market cap. Essentially the market has hardly priced in a single update and when this sort of scenario happens, the reaction is violent when the market quickly tries to recalibrate and correct it's inaccurate valuation. Expect many more updates to steadily hit the pipeline from here on out now that they're SEC current and also look for the company to initiate an IR push to help spread the word.
As a chart guy I don't care how great a story is, it's meaningless if the chart isn't confirming all the hype and promise. Well $DFCO has the strongest chart in the OTC atm. In 2018 the stock broke out to a new 9 year high and since then it's done nothing but hold those gains and consolidate on microscopic volume. Now we have a 2 year base built atop a 9 year base, all setup and ready for the most explosive wave yet. This breakout will see new 11 year highs and I will bet the farm that volume comes in and this goes straight for a moonshot. Not even sure what else I can say, just a matter of when the hype train leaves the station.
Recent DFCO News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 07:39:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 01:18:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 10:19:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 11:25:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 02:51:49 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/19/2023 07:57:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 09:06:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 12:01:32 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/29/2023 11:53:53 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/22/2023 09:23:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2023 06:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2023 08:15:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:13:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/13/2023 11:59:05 AM
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