Lost in the Wilderness CEO and Dreaming Bagholders This is the board that just keeps giving. COMEDY that is.
So we have the Nobby knobhead yapping utter krap about the end of the Magnetic gate , yet what is the basis technology of the MSG , yes youve guessed it !
Magnetic detection ! He has no qualification , credentials or proof of anything that can be scruitinised by any authority to show anything of what he ever states has any element of providence.
This is why he and his cohorts dodge trade show shop floors and lets not forget some of which they have not appeared at, because they know that other companies will do there own JP visits and expose this absolute dog and pony show.
Even JP yesterday was scratching his head at best described as sketchy financials that just didnt add up.
Now you have others on here taking the boots to Evolv with $10.9M in revenue, Plymouth who just sold another two drones for $250,000 and Liberty who were just given $500 K by the TSA ? You use these companies to detract from the matters of fact that show that Patriot One is a failed venture.
So lets get this right, remember the video of the mexican guy taking the rise out of Liberty and Plymouth, Plymouth winning drone contracts with Governments , Military, Oil and gas. Selling physical products. NASA, JPL, Lockheed, UK Government, UN.
Evolv by math does more in a day than PAT did in the whole of the past year. Yet you bozos listen to some guy that knows less than you do and beat your chests when he mentions bake offs but can't point to any data whatsoever?
Seems that the quiet guys that you idiots gode have taken the wind out of your lungs in one punch and as you lie on the canvas you still fist pump and call yourselves the winner.
I feel for the people that put into this on the basis of CMR.
So here is exactly what is going to happen. The company will run out of cash. They will likely take on debt finance. They will run that for a while then call time on the venture blaming market conditions.
Truth is everyone in the industry knows that MSG is a rebadged TM2 from ORS Safepointe
https://www.safepointe.com
All Evans has done is fired everyone that didnt leave to show lower burn rate and simply speed up the reselling of safepointe.
Amalgamate the cost per sale to cash recieved, this is costing hundreds of thousands of dollars just to get people to kick the tires of something that costs a single digit fraction of the cost to sell it.
xtract revenue can just about keep the xtract team on minimum wage. Its over !