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Drone Delivery Canada Corp V.FLT

Alternate Symbol(s):  TAKOF

Drone Delivery Canada Corp. is a Canada-based drone technology company. The Company is focused on the designing, development and implementation of its proprietary logistics software platform, using drones. The Company’s hardware/software platform is used as a managed service and software as a service business model for government and corporate organizations. It is scalable to operational capabilities 24 hours a day, 365 days a year. It provides a complete turnkey logistics solution, which includes a proprietary software system (FLYTE), hardware and professional services, allowing for an autonomous cargo delivery process from depot to depot. It is focused on servicing a range of vertical markets, including remote communities, Indigenous communities, courier services, retail, e-commerce, mining, oil and gas, healthcare and pharmaceuticals, government, military, shore-to-ship, and construction applications in Canada and potentially internationally.


TSXV:FLT - Post by User

Bullboard Posts
Comment by GoodTimesAheadon Feb 07, 2019 9:13am
94 Views
Post# 29331163

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NEWS

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NEWSI will give you that the it was odd that the 2.5 million dollar contract didn’t generate more interest. To be honest, I think it didn’t get the attention it deserved, but of course I’m biased. That being said, investors kinda expected it to happen. It was really a surprise or something unexpected and people think it was already factored into the price. That being said, you are right, it still should have had gone up more. 

As for the 12 million, that is just an application to let us know that they have different ways to secure contracts. No one reading that would consider that revenue in the pocket. Applying for something is a far cry from signing a contract or an application being approved with funds coming imminently. I’m pretty sure had the headline read, DDC secures 12 million dollars of funding to be received in March, that the reaction would have been different. 


Bullboard Posts