RE:Datametrex has been "Derisked"... well said!!!!
wildbird1 wrote: 1) Q4, 2020 had an increase in revenue of 264%.
2) For Q1,2021 you can easily assume from the Pressreleases that revenue could top over $10 million, an increase of 1000% over Q1,2020($800k).
$10 million will be almost as much in just one quarter as in the entire 2020 year revenues($12 million). (That alone will be very very big).
In the last video M.Gunter said about Q1 numbers " Everybody is going to have a very very big smile on their face".
3) Q2 revenues...
- M.Gunter said " Testing is accelerating and doesn't show any signs of stopping"( an increase in the number of tests each month).
- The Antigen test approved by HC on March 23,2021 is a point of care rapid test with results in just 10 minutes(Good for Doctor's office, Pharmacy, Small Companies...)
M.Gunter said in the Deep Dive Video April 6, 2021... Time 6:00 " We have already brought in several Purchage Orders on these tests, these orders came in immediately" (Look's very promising, another increase in the number of tests sold each month).
- PressRelease April 26, 2021.. DM & SCRN will process Covid-19 testing with the largest Film & streaming Company in Vancouver(one more increase in test sold each month).
- Pressrelease May 10, 2021...SCRN will provide testing( DM Tests) and screening to Korean Air Line Co(one more increase in tests sold each month).
You can see that a lot's is going on in Q2,2021 and Q2 numbers could be as great or even greater than Q1,2021 numbers.
With the very very big money coming in you can bet your shirt that the AI side of DM business will greatly increase ( Money is Power).
As for the SP going down, it doesn't change anyting to DM fundamentals, you invest your money on the future revenues not on the SP fluctuation.
PS: At any time during Q2,2021 a big testing contract or a big AI contract could come out and blow the SP to record hight.
All in all lately DM has been "Derisked", and I feel much more confident about my investment in Datametrex.