Henderson, NV – January 30, 2020 — Dalrada Financial Corp. (OTC Pink: DFCO) announced today that it has filed its annual report on Form 10-K for the year ended June 30, 2019, which contains audited consolidated financial statements for years ended June 30, 2019 and June 30, 2018. The company is now focused on completing filings for its quarterly reports on Form 10-Q for quarters ended September 30 and December 31, 2019.
With the company now focused more than ever on ensuring long-term success, Brian Bonar, Dalrada’s Chief Executive Officer, is confident in the direction the organization is ready to take. “The completion of our annual financial and business performance filing including our audited financials is a critical step for our company. It allows us to move forward and be even more dedicated to delivering the vast potential of our business offerings,” he said.
Bonar added, “I’d like to thank our investors, shareholders, customers, and our expanding team for their patience during this process. We are confident that our strong assets as well as our industry-leading science, engineering, and technology solutions are poised to deliver lasting value to our shareholders.”
Dalrada has taken significant steps in recent months to set a future course of delivering on its innovation-centric promise of making a true global impact. “We have focused on gathering the right pieces to support our low carbon, clean energy machines and creating healthcare solutions with a technology-driven global business model to drive immediate growth and profitability through efficiency in all facets of our business,” said Bonar. “While there is much to be done, we are excited about the opportunities and progress we’re making,” he concluded.
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About Dalrada Financial
Dalrada Financial Corp. (OTC Pink: DFCO) solves real-world problems by producing innovation-focused and technologically-centered solutions on a global level. Delivering next-generation manufacturing, engineering, and healthcare products and services designed to propel growth, Dalrada is a team of industry experts and an organization built upon a strong foundation of financial capital. The company and its subsidiaries are positioned for stable long-term growth through intelligent market research, sound business acumen, and established operational infrastructure. For more information, please visit www.dalrada.com or call 1-858-283-1253.
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.