RE:RE:RE:DVR IS CANADA'S TOP DRONE COMPANY!!!CarpyDime wrote: I'd be interested to know why you think DVR is 'much further along'. They posted $31K in revenues the last quarter, lost more than $500K, and made $175K in share-based compensation. Their cash on hand is almost a direct result fo recent financing (PP) and will be used up pretty quickly if they don't generate revenues.
I see there are positives (i.e. the relationship with John Deere), which boosts potential, but to say they are much further ahead than UAV is a bit of a reach I'd say. Recognizing that it is not necessarily a straight line, were DVR diluted (or UAV consolidated) to comparable share numbers, they would be at roughly the same price, but with UAV having much higher revenues and a more diversified product/service lineup.
I'm not even gonna touch on FLT, because that thing (at this point) is a total hype machine. Zero revenues, all testing and permitting, more than $12.5M in posted losses over the last calendar year, working capital that is assessed by the company itself a result of getting to 160M shares deep at some $1+ prices. There is potential for a big payoff there, but also the potential for a big 'pop'. And not the good kind.....
All IMO.
I'd add the following:
Maybe he is trying to get out and can't. After all, DVR has only had a total of 140 trades on all exchanges in the last two full months. It is Wednesday morning and UAV has already matched that just this week alone.