Replies to post #55884 on Bantek Inc (BANT)

[sodamnsane]

The market for commercial drones has grown significantly over the last several years and is expected to continue doing so following the release of recent rules by the FAA for commercial drone use. The FAA in its discussion of the new rules governing commercial drones stated that that the drone rules could generate more than $82 billion and create more than 100,000 jobs over the next 10 years. The Teal Group estimated that the global commercial UAV marketplace reached $387 million in 2016 and projects the market to reach $6.5 billion by 2025 with a CAGR of 32.6%.



The military has transformed into a smaller, more agile fighting force in need of a network of technologies to provide improved observation, communication and precision targeting of combat troop locations, which are often embedded in dense population centers or dispersed in remote locations. According to the Teal Group, the global military UAV marketplace reached $2.8 billion in 2016 and is expected to generate more than $9.8 billion in UAV purchases by 2025 with a CAGR of 14.4%.

Company is showing growth in an emerging market. 18 mill in revs is still a tremendous accomplishment and should be recognized as such.

[Oliverjack]

Huge revs but not enough profit they have to up their margins howco has potential just need them to make more profit. Awesome on rthe efinancing if it's an actual a deal.

But with these profit margins (and giving employees 10% of the profit as a bonus) we will be looking at bankruptcy nice part is chapter 11 but they have to do something

This can make it to a penny quick but this 10k will not get it above .002