RE:RE:Financials out on SEDAR
FastFreddie1 wrote: What was the expectation for revenue?
After the $200,000 revenue announcement for June, along with the communication from IR about the transportation license complications, lack of clean biomass, and lab testing backlog, I don't think anyone following the stock was expecting much different than what we got.
Personally, I'm a little suprised it's any higher than the $200,000 initially announced, but I guess they made around $100,000 off of their consulting services.
That being said, Brad's presentation at the Cannacord conference forecasted that LDS would generate a total of $1,512,500 between May and June.
That same chart also predicted that LDS would have a year end revenue of $65,637,500 for 2018.
While I know I got suckered in by that presentation along with the Equity Guru interview and many conversations with IR and bought more shares as a result, I'm not sure how much of the market took these projections seriously. And anyone who did knew that Brad's presentation was complete nonsense after the company announced June revenues of $200,000.
So, overall, I don't think anyone can really say what investors expectations were at this point.
I know mine were very low.