DSS Inc (DSS)

[Mombajack]

There you are what about sfor

[justlooking7777777]

"It's just insane how the rich make their money."

We agree whole-heartedly, but all the foot-stomping and screaming won't stop the greed, lack of morals, disloyalty, and all the other wonderful attributes that accompany closed-door negotiations.

DSS has pulled it off to this point, another capital raise, this time $24 million. At some point, shareholders/investors have to make a decision of whether to segregate admiration and respect from the stink and hold for selfish monetary gains. It certainly wouldn't be setting a precedent.

In the market, most of the time it comes down to P&L, no matter how many bodies you have to step over...a shame really, good luck changing it.

With this raise, we assume that the completion of owning 51% of SHRG is not far off. Don't forget, SHRG had NE of $1.85MM and a C&CE balance of over $10.MM last quarter.

Our proprietary modeling projects, with the above assumptions + others (we still think Chan's crypto business is close to being monetized), estimate an internal target price of $14.50 by the 4th quarter of 2021.

For now, we're gonna continue to hold our nose and maintain our long position.

This is our opinion, go get your own.

[ThebondoKid]

The con is what you see today. Chan sells dss all these shell companies he creates in Singapore for 10times any realistic valuation and then takes the cash. Rinse and repeat. This is going to go on until that criminal sells dss 20 pos. He will destroy dss shares slowly and then reverse split if needed. It's amazing how he can commit this fraud and no one cares. Aegis makes huge fees to facilitate. It's just insane how the rich make their money. Unreal.

[brooklyn13]

I can! Still waiting for my shares of the bio that I'm theoretically entitled to, but there is an escape clause in the proposal for the company.

Zero interest in this company or any or its associate companies.

[dealerschool2006]

who could resist a buying opportunity for DSS at these levels for a quick flip???

[brooklyn13]

Sold ages ago, completely uninterested in the con/no con debate or any of the attendant "facts". Regardless, there are greener pastures elsewhere, way greener. Good luck to you, too.

[ThebondoKid]

Brooklyn13, have you figured out the con yet?? Good luck. Sell

[ThebondoKid]

Just an outright con game. Chan unloading all his worthless holdings from Alset his Singapore holding shell to DSS. This is laughable at best. Nothing but fraud

[justlooking7777777]

Simply brilliant. DSS (controlled by Chan) is buying yet ANOTHER one of his own companies (HWH) for $15 million dollars (or stock equivalent). Chan continues to squeeze the crap out of capitalism.

Let's prognosticate. Normally, we would assume a purchase price based on a factor of at least 3-4X revenue, but with this company, everything's an incestual relationship/transaction in our opinion, so it could be nominally different.

We're willing to go with 2X. We'll use SHRG's profit margin of about 7% (which may be a bit low), so we'll go with 10%. Plowing those into the cruncher, we estimate a net operating income of about $750,000, which dictates a 20X purchase price on earnings.

We think that's pretty high (see above), but it comes with the assumption that the HWH product line will be absorbed into the SHRG network, propelling sales and income. We also think that revenue could be greater than $7.5 million. To maintain our opinion, we still think the Company is a slimy outfit, but this deal is not financially horrible IF we are close to our assumptions.

Post-acquisition, it could possibly make DSS..errrr...Alset slightly profitable finally. In addition, integrating this new consumer product line may have an associated revenue effect on the DSS packaging and AC biz, IF Chan involves them at all.

Overvalued at a $38MM market cap, there's still some missing pieces we need to see.

BTW, this stuff's our opinion, do your own research.

[dmoney1021]

Anyone trading this?

[justlooking7777777]

Sorry Kid, we were traveling, albeit under uber restrictive conditions of course.

Yea, we're not surprised with the Disney math. They have been quiet so we'll assume they are fundraising. Who in their right mind would give this management team money is a mystery to us. If history is any indication, we'll be getting some kind of blather here soon.

Tell CEO Jason O'Grady he has 2 weeks to get to his $100 million in revenue prediction.

[ThebondoKid]

Justlooking, The earnings report was classic Chan the con man. Complete fraud to say the least.
Should be interesting to see what DSS does with the 18 million they are trying to raise once the SEC approves their S-1 which has never been easy. nice to see the SEC is paying atleast some attention to this uniCON.
I can see the SHRG deal just as you said with thatch getting a nice 10 million in cash to approve the deal.
Gotta laugh at DSS liquid holdings. Such a scam

[maronti1]

Still no updates on the launch of Acs/sfor tech around the world?

[IS]

The same Trash!

[jpike]

Timely and amazing post. I agree.

[ClayTrader]

* * $DSS Video Chart 10-26-2020 * *

Link to Video - click here to watch the technical chart video

[justlooking7777777]

We're not sure what is more appalling, how investors have interpreted this earnings release or how deceiving we feel the company is being in their press release statement of earnings.

CEO Frankie states: “This was a truly transformational quarter for DSS with a $1.20 per share in net income from continuing operations and shareholder equity increasing nearly five-fold to $73.3 million,” stated Frank D. Heuszel, CEO of DSS.

FIRST, the company's core businesses suffered a nine-month OPERATING LOSS of $4.5 million, an INCREASE of over $2.3 million from the same nine months of 2019.

SECOND, It is only when you factor in the UNREALIZED paper gain of their "investment" in SHRG, you get a paper profit of $8.3 million, which is MUCH less now since SHRG has come down from $0.80 to $0.22. Although this investment may foreshadow future opportunities, it has ZERO to do with the company's revenue and income.

Simply put, the company DID NOT EARN $1.20 share from operating their businesses. It's an accounting shell game to say they did without strictly and overtly stating "including unrealized gain from marketable securities", particularly when you are touting earnings in a national press release

THIRD, The company is STILL hemorrhaging losses from operations, and they are STILL at a revenue run rate of less than $20 million since inception, and there's little to no new business/income from their core business units.

The release is very misleading in our opinion and gives shareholders and investors a false sense of growth and execution as their core businesses...WHAT THEY DO...are STILL not growing and are STILL suffering huge losses.

[AlphaStockNews]

Earnings win, tiny float, previous short interest... boom, this is going to be fun! Read all about it!

[otcmoneydoubler]

DSS NEWS AND THE ASK IS THIN TO $23. ALSO WATCHING SPI AND ANCN.

[Porterhouse10]

What you got here Jpike, just saw the ticker on CNBC, hmmmm

[jpike]

Dead stock currently.

[justlooking7777777]

With the addition of Heuszel and Lee to the SRGH board, it certainly looks like the cozy factor is escalating.

We wonders if a shares exchange (1 DSS for 5 SHRG) is in the works?

It would give Chan additional channels to distribute not only product, but also additional shareholders to off-load shares in his group of companies coming to US marketplace.

Today's volume indicates something brewing....or Aegis is giving away a Cancun vacation for most DSS jammed down investors' throat today.

Flip a coin.

[IS]

The same Trash!

[maronti1]

same story
new Actor
Mark Pinocchio Kay

Bernard Lawrence "Bernie" Madoff is an American financier who executed the largest Ponzi scheme in history, defrauding thousands of investors out of tens of billions of dollars over the course of at least 17 years, and possibly longer.Sep 24, 2020


will rot in jail

[ThebondoKid]

Everything Chan does at DSS is a CON. That is why he called himself the uniCOrN maker. He is a con man. Robs from the naive gives to himself.

[maronti1]

So DSS and ACS deal was A SCAM?
Anyone?

[IS]

The same Trash!

[ThebondoKid]

Brooklyn! Tell us about Chan! If you havn't figured out the mark by now. You are the mark.

[ThebondoKid]

If DSS acquires SHRG they will have 100 mil in revs. At the rate SHRG is dropping DSS might just buy em! hahahah

[ThebondoKid]

Dude, everything having to do with DSS is fake.
None of these clowns go to jail. This is a buyer beware game.
It was obvious to many that DSS was a con once they put the Impact bioCON deal on the table. If you know how to read the SEC filings you knew Impact was a giant scam and its was owned by Chan! Hello!

[justlooking7777777]

Current DSS Chief Operating Officer Jason Grady in a Red Chip Companies Interview posted on YouTube less than 30 days ago (August 23rd):

1.) "By the end of this year, we should have $2.0 - $3.0 MILLION of POSITIVE EBITDA"

2.) "We'd like to have $100 MILLION in revenue...a HUNDRED MILLION DOLLARS PLUS"

Video: "DSS - Rapid Growth Across Diverse Business Segments"

As of June 30, 2020 DSS has a NEGATIVE EBITDA of just under TWO MILLION

As of June 30, 2020 DSS has EIGHT MILLION in revenue.

We wouldn't blame him if discomfort is setting in. Someone had to lay on the tracks.

[maronti1]

Is the deal reported by DSS and ACS fake?
Most of sfor deals (that included ACS(sci)sofar have produced no money
Were this CEO stand?
For sure sfor ceo will go to jail,the lies are well documented
Will this ceo also go to jail?

[ThebondoKid]

Should collapse into the $4's tomorrow! Nice work Chan! Todays news? laughable! How many time are you going to release the same BS?!?!

[ThebondoKid]

No doubt, the uniCON is imploding. Chan took a BioCON with 1.8 million invested capital and one employee and sold it to DSS for $50 million. Now thats a great uniCOrN. That game has no ended. Chan won. Hes already lost 10 million of that 50. Lets see if he can lose 20. I bet he can. Chan! You're scum!

[justlooking7777777]

Yea, this is becoming embarrassing and reeks of desperation. No new accretive contracts/business or positive news for any of their legacy divisions and this appears to be a pretty transparent effort to hype the stock using the tragedy of Covid-19.

We are interested to see what kind of blowback the CEO and COO may be subject to, whether it's regulatory or just pissed of shareholders, regarding their statements of being a $100 million company by year-end 2020.

The SHRG experiment has fizzled, lost boys.

We've got nothing currently positive to say about this shop.

[ThebondoKid]

Brooklyn, you fired up for those impact shares? Approaching all time lows. Definitely good things happening.......for CHAN!

[ThebondoKid]

This uniCON game is laughable. The stock is near its all time low and Chan managed to make $50 million. If someone wrote a book about it you'd have to label it fiction cause no one would beleive it. You cant make this shit up!

Chan took a shell from all the garbage SeD holds, one guy running it and a total of 1.8 invested capital and sold it for $50 million based on the fact that Destum created an optimal 20 year path to a valuation based on fantasy and somehow that is legal? So investors should pay the full value of a company in 20 years today? How do you make money investing on 2040's valuation today? And that value is all based on imagination and possibilities. Its comeplete fraud. Sure, just cause I have a pack of batteries doesnt mean I'm going to successfully develope the next EV! Based on Destums analysis I will!

[justlooking7777777]

What up BK. We do not believe that the preferred can be integrated with the common to form a basis for market cap. However, as you know, these guys have shown to be contriving - so if there's a way to make it happen - we're sure they are looking into it. We would certainly advise consulting the expertise of a securities attorney for a definitive answer.

[ThebondoKid]

justlooking77777, the 50 mil shelf does not allow DSS to raise anymore money until they have a market cap of 75 million. Obviously based on the nearly 6 million current outstanding shares of common dss market cap is only around 36 million. Can DSS add in the outstanding 45 million convertible preferred shares to calulate the market cap? Cause that would bring it close the 75 mil and Chan the uniCON man is off to the races with a nice fat secondary. Not sure if a co can include preferred to calculate the real market cap

[ThebondoKid]

You are recommeding to the board??
The board is Frank, Jason and Chan! Get real. You are spot on about this uniCON, but your only option is to sell and never look back. Like I did at $10.
This is nothing but Chan the uniCON man show. Chan sold a big bag of worthless shit(Impact bio) to unsuspecting morons and now Chan controls 70% of DSS. All he needs to do now is dilute the common holders til he converts his $46 million of preferred and then he can cash out. He sold a biotech with $1.8 million of total invested capital for $50 million in DSS stock. He made his money, he won. Shareholders? They lost. Stock is .22 pre split. Didnt make any progress but Chan made $50 million! That was easy!
Chan! The uniCON!

[maronti1]

Soooo DSS

How are you doing with ACS deal?
It's been months and months

Are you live yet???
Mr Chan???

[justlooking7777777]

A friend of ours sent us the audio file of DSS's virtual presentation at LD Micro.

Wow...Wow...and Wow. We knew it was gonna be a rough ride 15 seconds into the recording.

There's no other way to say it...we're speechless, but we gonna speak. It was virtually embarrassing. It was incredible to hear two alleged corporate executives obviously read from a script and give such a horrific, paper-shuffling, English-language torturing, blathering presentation. The CEO sounded like a cross between Biden and Elmer Fudd. He made sense of the business exactly zero % of the time. We're still not sure what the "Sure Thing Frank" COO said other than a bunch of gibberish and corporate buzz-words. It's hilarious that they are positioning the company as a voracious M&A outfit when the only M&A-ing that they are doing is cleaning up Chan's idea box.

We will give them credit though. The CEO said that "we have reduced our monthly burn from $250,000 to ZERO"...yup, ZERO burn, not spending ANY money on a monthly basis. We didn't think it was possible, but when you don't know what you are doing, how can you be wrong???

We think its incredibly misleading as well when the CEO indicated that Impact Biomedical has assets worth between $380 million-$900 million. That couldn't be farther from the truth. We just don't understand why this company prefers murkiness rather than providing transparency to the market.

Oh yea, but it's good to know that the company is "American-traded".

Chan, maybe you should think twice next time before you wind these guys up and set them free in a public forum. We are recommending to the board that they start looking for more competent, successful leaders. These guys are better off under a big stripey tent.

We really wanted to be good little shareholders and were hoping that these guys were going to do it the right way. Unfortunately, they aren't giving us any logical reasons to stay long. Time to ponder.

[IS]

The same Trash!

[brooklyn13]

But I've never claimed brilliance nor called people stupid. I'm doing fine, thanks, but I'm very doubtful that someone who needs to brag and call people names is, also.

[ThebondoKid]

And your logic proves your brilliance. Cause anyone who listened to me wouldn't be holding the bag like you. Enjoy!

[brooklyn13]

Like I said, you're just a stock genius, always selling at the top and buying at the bottom - indulging us stupid people with commentary from your mega-yacht.

I pity the fool who doesn't listen to you. Of course I also pity, more, the fool who has to listen to you more frequently.

[ThebondoKid]

I made the call Sunday night on stock twits about the ex date soon to come. And it came monday. Enjoy your worthless impact shares if you are too stupid to hold through the ex date. Secondary should come tonight as chan has used all his fake news pumps to get dss back above $6.10. today rev news from one of their two existing customers and they still lose money on packaging. keep holding I'm sure you'll get rich. Lol

DSS is nearing a peak in stock price today, should be shitting the bed by Thursday. Dont forget its only .23 pre split! Its not like you made any money like I did with my $10 sale! Enjoy!

[brooklyn13]

You nailed it! Right down the line! Looks like your many decades of trading genius has paid off once again.

But look over there! The sky is falling.

[IS]

I’m started here from 2012. This stock is Trash!

[jpike]

Bought in at $5.26