RE:RE:DDC NewsYes and no - in my opinion.
You seem to be right about the revenue being needed for the stock price to take off but all these announcements are laying the groundwork for a successful company, so that when they do start generating revenue it’ll grow quickly.
For example, going from one to four drones this year, each increasing in payload size is a big deal. Essentially, if we can get enough revenue to survive this year on one drone, then we should be able to scale up current contracts with bigger drones and at the same time attract new customers who maybe didn’t see the value of a drone the could move 10 pounds but finds a drone that can move 50 or 400 much more interesting.
My point being that all these announcements just mean that when this company shows they can survive, the price should move a lot and quickly.
Keep in mind all the analyst reports - which all are positive and that we are currently pre revenue on the venture; those things will change and we will be in a new ballgame then.