Deltron Inc (DTRO)

[want2retire]

Same thing I have been told. IR also said rebreather is still on track for this fall, "was not permitted to comment" on situation with Fortune 500 company and was hoping to get me more information on contracts Elasco currently has in place.

I'm not writing this off yet. I'm just not sure how the massive amount of debt they have taken on, along with the salaries, etc they keep delaying payments on, will be paid. Need revenues in a big way to get this back on track.

$3.15M for the technology, on top of other production costs, leaves pretty tight margins on the rebreather, or so it would seem. Recreational use sales likely won't be enough, IMHO. We will need bigger contracts with oil and gas industry, armed forces, etc. All of those discussions are nothing but rumors from what I can see. The out of date websites for Blu Vu and Deltron reference industries that could use the technology, but there is no guarantee they are even interested, that anyone has even been contacted, etc.

Still holding but not sure I'll be adding until we get more information on where we are headed.

GLTA
W2R