CM8 investment case, page-38

Just spent hours and hours going over the DW8 financials and reports and it's making me more and more puzzled as to why the market is still grossly undervaluing CM8. What is it about CM8 that the market either just doesn't like or doesn't understand??? I want peoples thoughts and top 3 reasons they believe why we are still languishing below many businesses that have far worse financials than ours.

As a comparison DW8 recorded the following revenue figures for the last 3 quarters

31 December 2019 $84,250
31 March 2020 $182K
30 June 2020 $271k

DW8 30 June 2020 financials show revenue of $510,195, cost of sales of $492,515 and Gross profit of $17,680 (gross margin of 3.5%)

CM8 30 June 2020 financials show revenue of $16,480,683 cost of sales of $4,642,716 and Gross profit of $11,837,967 (gross margin of 72%)

DW8 has a current market cap of about $80m and CM8 has a current market cap of about $9m
Can someone please explain to me why then based on the above the market caps aren't the other way around????
Even if DW8 revenue which is showing growth continues to grow at the same rate, with the very fine gross margins it currently has, it will be a few years before it even gets to the same financials that we currently have.

So WHY WHY WHY???????????????

My Top 3

1. Market thinks revenues will continue to decline at the same rate as previous years
2. Market is not impressed by our Board composition
3. Market sees to much execution risk with our "holy grail" technology