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Re: Mrmike1 post# 42662

Tuesday, 10/17/2023 12:43:50 AM

Tuesday, October 17, 2023 12:43:50 AM

Post# of 43739
I don’t believe a private company with a good sales record would sale for preferred shares. Too much risk in that deal. Especially with a company designated CE. They would want most , if not all, cash up front.

I would think if this deal is true - very little information has been made public - and if sales of the drones turn out to be true, they could be a good takeover target from a defense contractor.

This is all a big gamble for investors. Removal of the CE or next quarter’s sales report will determine our success or failure. Sales need to be huge to show that the purchase of Daytron is legitimate.