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SPM555

05/01/20 9:30 AM

#8171 RE: SearchingForRunners #8170

What does that tell you that they sold their company to us for only 6 millionish shares of restricted commons? Jeez! What a vote of confidence.
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SPM555

05/01/20 10:22 AM

#8175 RE: SearchingForRunners #8170

After further digging, that site looks to be way off. According to Dalrada's own business overview presentation Prakat had $1m in revenue in 2019 and expects $2m in 2020, with a net profit of $200k. That's still nothing to sneeze at but clearly that site with the estimated revs is way off the mark.

https://8e74fc3f-11d9-4492-8055-30216a341b62.filesusr.com/ugd/59eb9d_1fdb8e668c9f4a7393e4675362c1d6eb.pdf