RE:RE:RE:RE:RE:RE:RE:Latest video interviewCome on Bayou.......give us a break.
Clockwork is right.
Tech companies only succeed with really good R&D. That is how it works. That is how you get a contract from gov't. That is how you don't get crushed by competitors. And it is how a small company sets itself up for a buyout from a large corporation looking to eliminate competition.
And, if the gov't wants to subsidize the costs of some of the R&D involved in developping drone technology, that is good. It signals a belief that the tech will have myriad applications both on the gov't level and the consumer level. It signals that drone technology is one that gov't wants advanced quickly.
As I have said before...........drones will be big. UAV is well positioned to benefit from what will eventually be a very big market. We are a multifaceted company, doing numerous things related to drone tech. Full spectrum service.
As well, we have revenues people.
Peace.................Snickel
ClockworkRed wrote: You do realize that the fact that they did R&D in the past, is the reason why they aren't stuck like so many others, doing bargain basement UAV services like real estate photography for $50/hour, right?
So you just want somebody else to fund the R&D, and then you come in and reap the benefit. Is that it?
R&D is the ONLY way a tech company will make money.
bayoubucks wrote: So, in the example, you spend $200k and get back $70k which means you had a net outlay of $130k. Wow! That's really exciting. Maybe if they spent more they could get more credits. Wouldn't that be great!!!
Seriously, I understand that a certain amount of R&D is necessary, but when you transition from your mission statement of generating revenue and profits to research & development that's what I don't like. I wouldn't have gotten in initially if they said they were a technology r&d company.
Let's just leave it at that and see what the financials look like at the end of the month. Okay?