Poor Presentation.2 Jun 2026 10:00
Without a doubt, one of the poorest presentations I have seen in many years. The man seemed ill-prepared necessitating a lot of editing, which in itself seemed to be done by a kid on a smartphone. He seemed as though he had arrived late, breathless, and hungover, well to me at least. He appeared nervous. Why? The man has dealt with many public presentations in the past.
The information was all speculative, and in reality, there seems to be only one "deal" going on currently, with a very small drone manufacturer. Yhea yhea its all secret, two contracts in the final stages, but not signed, very convenient! No mention of whitespace and previous "jam tomorrow" promises.
ALART now seems to be into defence consulting, venture investing, business incubation, and other people's technology commercialisation. This may be a good idea, or not, it's now the business model after 3 months of silence, time will tell.
The announcement contains almost no hard commercial metrics. what will the OM Defence revenue be, the contract pipeline value? It confirms there is no cash runway, no finance in place, just more dilution using the ATM Facility and a hope he can find more private equity.
Highly speculative, highly risky, but if the man's plan works, then possibly highly rewarding.
Next time, do a professional presentation, not one done by 6th form kids doing a school project.