despite Deltron being a company that actually makes something it is still in the pinks for a reason. It is a small company with potential but a limited cash flow despite the jump in revenue.
So far the rebreather is nothing but a drain of resources and if the company doesn't start selling them soon it will continue to be a drain on the bottom line.
I will admit I am new to the stock markter arena, but to imply companies that trade in the otc don't dilute stock shares to generate some quick cash is rather amusing. You sound like we are holding shares in IBM or Boeing.
Reality check here, despite the potiential this company has to go somewhere big, we as a nation are in the middle of a deep recession, one in which not many consumers will be dropping a few grand on a new piece of scuba equipment for a few extra minuites of bottom time.
This thing could go out of business just as quickly as it could explode, and it's crazy not to recognize that reality, not to mention the possibility that someone within the company dumped a butt load of shares today to generate some cash flow.
I too would love to see this company succede, and I am extremely hopeful the rebreather tech proves viable and they are able to obtain a navy contract with both the teams and divers since right now other than the oil industry that is the only entity that is going to be able to put in an order big enough to make a real difference in the viability of this company. IMO
However, I am not going to pretend the other foot can't drop and make what I am holding worth even less than it is right now.
