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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 Jun 19, 2019 8:21am
175 Views
Post# 29839181

RE:Heres why share price is falling

RE:Heres why share price is fallingEvery shorter will eventually have to buy back, so up we will go again once the trend starts going the other way. It’s almost the circle of life with this stock over the past year and a bit.

Oh well, hopefully the next major announcement involves money and then they really get burned. I just wonder how every shorter felt during the 5 day halt. Are they really that excited to go through that again? And many of those shorters probably had to buyback immediately at open, at a huge losss because of margin calls or fear. 
Bullboard Posts