RE:Covid19 Test Kits available at Costco.comBentley I would suggest that once DM Antigen home tests obtain approval by HC & FDA , their price point will be a fraction of that cost and results in 5 minutes, eliminating the requirement to mail it off to a lab , will be sold in all pharmacies , Walmart's & online with Amazon , leaving DM shareholders smiling all the way to the bank, just a matter of when not if.
To me the potential reward far outweighs any risks, meanwhile sales with all approved kits will continue to grow worldwide & in Canada. I remain convinced of this and why I'm continuing to build my position especially at this current retracted price point.
With other comments here , in regard to less then transparent or substantive press releases, I believe shareholders need only realize the nature of discretion required with sensitive issues like testing by large corporations of their employees and AI for high level Government agencies, then simply decide through ones due diligence if this management team is dedicated to delivering, I think most that have followed developments here can easily see this team has accomplished much more driving value on both the AI & Covid Sales sides then most other publicly trading entities in Canada.
Thus I elect to assume conservatively that they likely will at least deliver 50% of dealflow they have communicated they have in their pipeline for their Covid-19 solutions.
That in itself would be stellar in my books.
regarding the AI , I agree 100% with Arbourmark & Torlif that the upside is undeniably massive and offers investors that are keen to ride the upside of companies like DM realizing exponential CV19 solution sales, but realizing this opportunity will run out at some point likely in 2022 or sooner, all these revenues going into further AI product development , buildout and AI acquisition as pointed out by management in this weeks AGM discussion.
These element delivers a long term sustainable high growth revenue model, allowing me to be much more confident going long on DM then any other 1 or 2 trick pony CV play.
I was particularly interested in managements discussion where they spoke about how they believe they have discovered ways to make the CV Solutions model sustainable after the Pandemic, I look forward to learning more about their plan for the Health Security model as they role it out with their AI.
I know the miners want testing regimes at their sites that are fashioned with the ability to pivot to testing for many different threats to their operations whether it be Denge fever, Ebola , even STD's.
This is now the New Normal, plus remember when in interview with Marshall months ago when they first started up full turnkey testing solutions , he was asked if DM has plans to assist with delivering vaccines once they are made available and he replied nothing is off the table in that regard.
Future is bright and many surprises to come here, imo, my experience has taught me that often the longer the time between news, the bigger the deals that are coming.
Cheers and GLTA
expecting a great week next week