At this point, had we not had any positive news about the merger, I would be the first person to say bail. The financials don't look good, the company has no real revenue stream, and no offense to Mr. Korybut, but aside from financial experience he has no real DoD experience. But as I iterate again, if this company had all of the three things outlined above - we would be in dollar land - not penny land. We would be competing with the likes of L3, SAIC, STG, DynCorp and the list goes on.
But we are in pennyland because of significant promise and capability - and this stock shows we are headed up. We have the Super Tucano lined up, significant international contacts, and with the merger announcement (which the last PR practically said outright) we now have top tier management and domestic contracts to boot. Defense contractors can become overnight sensations - just see the story of MEP. I believe TADF will become a significant not because of what it currently has but because of its potential.
Green Day, you assessments of the stock currently is well reasoned but you forget one thing - we on this board wouldn't be investing in a pinky if we haven't done our DD. I certainly wouldn't. I am usually a very conservative investor - my portfolio typically only includes Fortune 500 companies - but I like what I see here. My only other investment in pinky land is KBLB - and you can take a look over there to see how that is doing. TADF will make waves - and soon enough, our patience will be rewarded.
Long and strong.