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Bullboard - Stock Discussion Forum 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... see more

TSXV:FLT - Post Discussion

Drone Delivery Canada Corp > Catalyst from price launch is Condor… anytime
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Post by InvestForce on Jun 28, 2021 10:01am

Catalyst from price launch is Condor… anytime

Take a look at any past LOI or interview and you'll see that Condor, not just Sparrow and Robin, are in almost all of them. Example below in Apple Express, which probably many have forgotten about. So, if contracts are running and revenue already exponential, we can expect that one single news release of Condor completion of testing will be a catalyst for immediate price take off (yes, to the moon!) and rapid increase in revenue. DDC needs about $13-14M to be profitable. Right now, forward P/E is near 100x but at break even, $6 isn't even unreasonable. If they announce anything about commercial large craft (as hinted as 10x larger than Condor by Michael Zahra himself), then even further price increases could be justified. Airport to airport drone delivery is crazy awesome! The sky is the limit with this company. I wish management owned more shares, that's one valid critique, but management is on the growth of DDC daily and the pressure is constant and consistent. 

https://m.canadianinsider.com/drone-delivery-canada-announces-letter-of-intent-with-apple-express-courier-ltd

Comment by Dragon1 on Jun 30, 2021 12:27pm
I think you're right,as reg approval takes place and drone use becomes more common and acceptable in the industry we could see contracts start to cascade and revenu quickly reach those profitability levels. GTLA
Comment by InvestForce on Jun 30, 2021 12:34pm
Thanks! One more thing is that DSV is showing us that the demand is increasing such that they will be switching to Robin XL over Sparrow. So growth per route and profit will also rise over time for the same contracts. I can't access one article but there is speculation that Robin XL will receive final testing and approval over this summer. Time flies! I can recall the time when Flyte ...more  
Comment by FOMOsapien on Jun 30, 2021 2:37pm
Great info!  
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