Hi,
I just wanted to give my view and expectation of Dragontail's development in the near future.
This is just a way to measure the developments over the next 18 to 24 months so we have a benchmark.
The deal that Management agreed with Eldridge and Goudy will substantially change the business.
Dragontail has a disruptive and unique technology in a huge niche market. The deal will give the company excellent access and exposure to the biggest fast food market in the world. Sufficient cash and insight knowledge of the US market by the cornerstone investors putting DTS in the perfect position to develop the business rapidly. The moat for potential competitors is substantial. (I can't see competitors entering Dragontail's
- I expect the deal agreed with the cornerstone investors to be completed by the end of February (or shortly thereafter)
- Shareholder approval by mid March
- First substantial deal signed in the US before the end of April (Perhaps with Eldridge?)
- Quarterly in April to show revenue between US$400,000 and US$500,000.
- New deals to be signed on a monthly basis by September.
- Recurring revenue in the September quarter to be US$500,000+
- Cash flow positive by the end of 2020 or first quarter 2021
- Listing of DTS on the US stock market by the end of 2021
Apart from the main developments in the US above there will probably new aggregators signed up and some deals signed perhaps in Europe, Australia and Asia.
DTS is currently a small company but this can change very fast. I have the confidence that the above can be achieved.
K
Hi,I just wanted to give my view and expectation of Dragontail's...
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