There is no near term catalyst to move this stock. Earnings for Q2 declined from Q1. Earnings for Q1 declined from Q4. There is a big note due September 12 which will mean more dilution.
The Haier deal and its supposed value were pumped ad nauseum on here. This is what the filings actually said:
"The new product is anticipated to have a significant revenue impact for Dais, projected to be $73 million or more annually when successfully field tested and fully deployed."
This sentence is nothing but hype - "anticipated" "projected" - there is no concrete value stated here. They offered no details on how they arrived at that number. I'm not shocked, given the deteriorating relations/tariffs/trade war with China, that this product is still in the prototype stage and any revenue from it has been pushed back to Q2 2020. Somehow I think it gets pushed back even further.
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