RE:RE:From the FAQ on the Daymak WebsiteI think ACDC made a mistake and been too greedy with Hillcrest. If the partnership they once pronounce has been more favorable for Hillcrest - the partnership would happened. Now, I see Hillcrest move alone and progressing with their technologies. Tesla will pay attention on it for sure. Meanwhile, ACDC is busy with blockchain payments development...
Anyway, we, retail investors are allowed to see only things they decide to show it to us. Hopefully, the management is doing the right moves, we just don't know the details.
Overall I'm positive, for now.
Stock market is about to shoot up. ACDC will follow the suit, but we need some progress to be announced. As I said, the company is surfing with right wave, right time. Those who bought at this low level will be happy end of the year and beyond...
Pachuko wrote: Unfortunately this does not mean they are moving ahead at all. The Foras is a bicycle and not related to the complicated Spiritus vehicles. The stated goal was 50,000 units of the Spiritus not the entire line. The news release is on their website so please read the facts as this is what the company stated not my made up numbers! They currently sit at 5,294 units preordered. That is putting them at 10 percent of the stated goal so how you see talking about selling the Foras as confirming moving forward with the Spiritus is not logic I agree with.
ACDC needs product approvals, sales of their products and confirmed revenue to make any move up in share value. Nothing from all these news releases from paid for promotional videos and interviews and marketing slogans stating how great their products are is going to change that fact.
Speculation will continue on with this one and small ups and downs also continue but any meaningful move will need actual news.
Good weekend all