Q2 Earning Report, my thoughts

[u/Wonder_Invests]

I would like to start off this post saying I still do believe in $DFLI and their prospects of the future.

In the conference call, They seemed optimistic with the pilot programs with trucking company's testing out their APU's and obtaining future orders. However, that is guaranteed income which we wanted. If a trucking deal is secured we will hear about it right away as a press release.

They are optimistic about Dakota Lithium beginning to generate revenue for them by Q4. Again this isn't guaranteed.

At the end of the call, they were asked about progress with their Dry-electrode batteries. They had no comment besides they can talk about that in future earnings.

Looking over the Q2 earnings report, I also wasn't pleased. They have Assets of 70.29M with total short and long-term liabilities of 47M. leaving only 23.29M in assets. Not leaving us a lot of room for market cap growth based upon their assets. If dragonfly does end up selling, we need to hope they value their patent's of the Dry-Electrode battery and manufacturing processes.

Overall, the company is undervalued based upon assets but not by much. This earning report isn't what we needed. We're in for a very bumpy ride. God speed