Drone Delivery Canada Corp V.FLT

Alternate Symbol(s): TAKOF

Industrials Aerospace & Defense

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

Drone Delivery Canada Corp > New Leadership

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Comment by Yo_Dogon Feb 09, 2022 7:55pm

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Post# 34414857

RE:New Leadership

Zahra and the board sold heavy amounts of stock when it was above $2. The stock ran and there was no obvious reason, imo. They hired a group out of Florida(?) and paid them some ridiclous amount ($125k??? for a short promo job). The stock ran hard. Insiders sold. They didn't have enough skin in the game since. Might be best to replace everyone. Then you have to figure out how to compensate the new group with enough options/stock to make it worth while. Not an easy task.

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