I invested because I thought that drones could be a disrupter in the security industry & because of the pedigree of the founders.
The only way they could win back my support would be to deliver material customer contracts ie multinational, multi site contracts with 10-50 drones at a time.
I was a pre IPO investor for years & they made very little progress on the sales front despite already having the finished product when I invested.
At this stage I just don't think there is a sufficient market for the product they are selling into. Their drones could have another application that would be commercially viable, maybe that is the solution?
NGL Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
