RE:RE:RE:RE:RE:RE:Question I don’t need to justify my thoughts to you. I’m holding long, with a significant amount - at least for me and my family. That in itself speaks volumes. You, on the other hand are a day trader and will likely just play trends. But sure, I’ll play your game. Here are a few reasons I am invested and think the stock will go up.
1.Drone delivery will happen. It is cheaper then helicopter and conventional plane cargo.
2. We are the only drone cargo model in Canada.
3. There are other international companies, but not many and surely a few players at least will be able to exist and prosper.
4. We have have patents and have passed all testing and certification to date with ranspot/Nav Canada. This is difficult and lengthy, which ensures that other players will be behind us and u unable to join in.
5. The company has contracts. We are a revenue company.
6. Our first customer is specifically in logistics and our entry level contract can easily go multinational with them, DSV, especially with the Condor, which is slated this summer.
7. First Nation communities have been signed and we are inches away from solidifying a 2.5 million dollar deal with Moose Cree (done deal in my mind).
8. Analysts - multiple - have put us over 2.00 is value.
9. These same analysts have said there will be a licensing deal this year. Maybe the trip to India?
10. We might be a buyout opportunity for a company that wants to take advantage of our certifications - I.e, bypass the timely process that they would have to take.
11. We have multiple, and increasingly larger drones in production.
12. Covid-19 May accelerate some deals and opportunities that we were not even expecting.
13. Have you looked at the credentials of our management? I could write multiple posts about his alone -our CEO has a track record of success.
14. How about our 10 year agreement with a Air Canada. I’m sure they would sign on with a company they didn’t believe in? And if they believe in us....
There are a few serious points about the company itself. Do and say what you will though. Pretty sure these facts don’t matter to someone who day trades anyways.