RE:Reason... Marshall pivoting the company on a dime to be a COVID testing kit distributor (a physical product when their foundation business is AI is worth noting), posting a record $19M quarter, and accumulating $20M in the bank are all ambiguous results eh Leonovus?... oh wait how about getting awarded a $40 M gov contract?... Another ambiguous result eh Leonovus...oh wait... getting an EV initial contract then completing it... another ambiguous result eh Leonovus?....I see what you are up to and calling you out as someone who is trying to shake share out of the hands of weaker share holders... You do what you do... But I'm calling it as I see it!... All IMO. DYODD.
Leonovus2017 wrote: For some of the stock depreciation is because management cannot deliver in time. Medicall still not operating after almost a year and we don't know what the large sum of money was used for, other than possibly one doctor.
secondly, they posted Ronin and never provided the public an update other than some wishy washy blurb on Discord. Same for the drone company, no updates on a formal news release as it has been almost a year since now.
another major reason, the market barely knows about DM. We have a marketing professional doing social media, but our followers are at about 600. It grew about 100 sunce last year. !?! Major investors are not being notified via large campaigns, because MG wants to keep costs low. In other words, he hinted once he wants to be low profile. This is likely to avoid acquisition as it would threaten his employment at DM
I have high hopes for stock appreciation, but the major shareholders are after solid track records. Ambiguous And late projects do not attract major investors. We might tread at these levels for a while unfortunately. Dollar land is a dream unless changes are made