PAT1 is primed to run like no other.Although I personally thought that the SP would have been double what it currently is, I am still extremely happy with what the company has accomplished and the direction that they are headed.
A few very exciting points are summarized below:
8 visits to Washington DC / pentagon to discuss possible paid pilot installations ( mentioned in NForce 11)
Governor Tom Ridge has been talking about the issues regarding the US/Mexico wall, and has been mentioning new technologies (most likely referring to PAT1)
Canadian Military now involved through their $1M grant.
Cisco appears to be proudly showing PAT1 off to their partners
Qualify for uplisting to TSX.
IMO the chain of events over the next 3-6 month will go something like this.
1) a TSX uplisting (now that PAT1 qualifies)
2) shortly after TSX uplisting, PAT1 will announce Tier 1 partner / defence contractor partnership. Newer, more serious investors will begin to jump on board once they realize the potential of PAT1.
3) the 2 previous points, accompanied with maybe another acquisition and some more paid pilot purchase orders will justify a market cap that will correlate to approximately $4 USD ($5 CAD)
4) once the market cap is high enough to result in a $4 USD ($5 CAD) PAT1 will qualify for a NASDAQ.
This is about to get very exciting! Also, if I’m remember correctly (I can’t find the video at the moment) but I’m sure that Martin Cronin has stated that PAT1 will be looking to trade on the NASDAQ within 2 years if deployment. Which would result in a SP of approximately $4 USD / $5 CAD around Q4 2020 (hopefully) looking further into this, it coincides nicely with the warrant exercise price of $3.25 around that same time period. Although, if all goes well I could personally see the SP being higher than that.
This is all my opinion only, I’m only speculating on some material here. But the potential of PAT1 definitely makes me excited.
JMO and always DYODD