Digital Ally Inc. (DGLY)

[MitchDB]

Sales are falling, they stopped reporting by business unit, so we don't know where
Interesting
January this was $6 after the split, cash and time are running out

[MitchDB]

DGLY Notable price drop since January 37% price decline
Bad management, how much will the earnings loss be this quarter 5-6-7-8 million

[Investolator]

Tell that to my broker that did a 1/20 reverse split on my shares.

I2000

[MitchDB]

No company split, in two, camera business and kustom entertainment

[Investolator]

They did a 1/20 split back in February 2023.

I2000

[MitchDB]

Where’s the company split
Or did they change their minds???
Was it all a pr play to pump the price

[TheFinalCD]

DGLY news https://finance.yahoo.com/news/kustom-entertainment-inc-enters-business-125500204.html

https://finviz.com/quote.ashx?t=DGLY&ty=c&ta=1&p=d

[MitchDB]

Q1 2023 - revenues decrease of $2,597,591 (25%).
Total revenues for the three months ended March 31, 2023 and 2022 were $7,697,190 and $10,294,781, respectively, a decrease of $2,597,591 (25%).

[MitchDB]

Q1 2023 - Loss of $6,105,818, or $2.22 per share
We reported a net loss attributable to common stockholders of $6,105,818, or $2.22 per share, and $6,600,148, or $2.59 per share

[MitchDB]

DGLY issuing 2 million shares or more
Out of cash again???
Attending conferences to sell shares not product???

Up to 1,925,000 Shares of Common Stock
Consisting of

Up to 800,000 Shares of Common Stock Issuable Upon Conversion of Senior Secured Convertible Notes
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 1 Common Stock Purchase Warrants
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 2 Common Stock Purchase Warrants
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 3 Common Stock Purchase Warrants

[MitchDB]

DGLY NOT the market leader in anything

15.5% drop in camera business
lost 9 million in Q4

and lost almost 30 million in 2022
and the stock price is failing

do execs deserve their bonus?????????

[MitchDB]

Video Solutions bus down 15.5% in 2022

So if the video business is down 15.5% in 2022, and AXON is WAY up
What does that say

[MitchDB]

3 million in cash left, losing 9 million a quarter (and that was at the end of 2022, it's 3 months later now)

[MitchDB]

2022 dgly LOST $8.50 per share = It's getting WORSE
and management is proud????

Q4 lose alone was over 9 million

It's getting WORSE

[MitchDB]

Now trading at 19.5 cents, reverse split adjusted
I wonder if the earnings will be a 7 million or 8 million loss or more
Dgly management a total failure

[MitchDB]

Mgmt - when are earnings and the split - please update us shareholders
or will it be late again

[MitchDB]

Reason up - for now DGLY not offering more shares???
So the company is out of cash, what games will they continue to play

On January 24, 2023, Digital Ally, Inc. (the “Company”) initially filed a Registration Statement on Form S-1 (File No. 333-269392) (together with the exhibits and amendments thereto, the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “Commission”).

Pursuant to Rule 477 under the Securities Act of 1933, as amended (the “Securities Act”), the Company hereby requests that the Commission consent to the withdrawal of the Registration Statement effective as of the date hereof.

[MitchDB]

1 for 20 reverse split, wow FAILURE and desperation
This company is floundering with massive loses each quarter

Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), a market leader for advanced video solutions, revenue cycle management, and live event production and ticketing, today announced a 1-for-20 reverse split (the "Reverse Stock Split") of the Company’s common stock (the "Common Stock").

[DK11]

This means the Company will more than likely get approved. At least there trying.

[DK11]

https://www.sec.gov/Archives/edgar/data/1342958/000149315223000241/form8-k.htm
Well at least this is good news.

[MitchDB]

$34 in 2014, 28 cents yesterday a loss of 99.17%
That has to be a world record

[MitchDB]

Day 5 of Loss Streak for Digital Ally Stock with -14% Return (vs. -69% YTD) [11/28/2022]

[MitchDB]

We reported an operating loss of ($6,567,023) for the three months ended September 30, 2022, compared to an operating loss of ($3,598,973) in the same period of 2021.

[MitchDB]

39 cents, it’s getting worse and worse here as the massive loses here continue to grow.

Now 5 to 6 million in loses per quarter
And oops do I see 7 million in loses for q3

Captain Chaos was right all along

[MarksTerritory]

Bigger things then you can imagine are happening behind the scenes

[Investolator]

My broker has shown my account value for DGLY at zero both yesterday and today. Makes me wonder what is going on here. Oh well, I guess I will have to wait until next week to understand what is happening.

[MitchDB]

Every day dgly sets a new 52 week low
Pretty sad

[MitchDB]

NEWS We reported an operating loss of ($6,661,252) for the three months ended June 30, 2022, compared to an operating loss of ($2,616,884) in the same period of 2021.

[MarksTerritory]

Huge amazing awesome things happening behind the scenes!! Stay tuned

[MitchDB]

Sanitizer business is 100% write off

Expect details in upcoming quarterly filings as they close this unit down because the world is no longer using as much sanitizer

Another FAILED effort, for which management gives themselves huge bonus payments and HUGE quarterly loses in the 5-6 million now

[MitchDB]

We did also have some sizable write-offs in our PP&E. our personal protective equipment group, which is our shield business.

not good
so the value of this should basically be ZERO

[MitchDB]

FAILURE = Q1 Loss of ($6,600,148), or ($0.13) per share
The loss is bad considering how many MILLIONS of shares they issued the past 3 years

We reported net loss attributable to common stockholders of ($6,600,148), or ($0.13) per share, in the three months ended March 31, 2022 compared to $21,721,859, or $0.49 per share, in the same period in 2021. No income tax provision or benefit was recorded in the either first quarter 2022 or 2021 as the Company has maintained a full valuation reserve on its deferred tax assets.

[MitchDB]

Q4 filing shows the Video business is in DECLINE by 15% YOY
2021 Video Solutions $9,073,626
2020 Video Solutions $10,514,868
Sales are FALLING for the camera business, not good

[MitchDB]

88 cents is coming as someone mentioned

down 66% since the stock offering
and it keeps falling daily
even with the buy back??? if they're doing any

[MitchDB]

Buy back at $1 when they sold if for $3

I feel sorry for the investors bought the last time they dumped shares on the market for $3

Investors lost 66% already

[MitchDB]

Buyback scam alert, spending money to prop up the price
Then issue millions more in a few months

This company has a history of fluff prs to paint the tape

Capt Chaos has been right the past 10 years

Scam alert

[MitchDB]

Notable - they sold a couple

SCAM ALERT, PRs with big words to hide the TRUTH
Everyone is buying AXON products in the 1000s
and Notable DGLY sold 18

[MitchDB]

Below $1 Notable FLUFF PR to try and PROP UP a falling knife

they dumped MILLIONS of shares at $3
now 66% lower

this company LOSES 4-5 million dollars EVERY QUATER for the past 10 years

greedy management gets lots of free performance shares as investors keep losing

from $33 in 2014 to 1 dollar now
a great short

[urge2surge]

Stock can't hold gains or traction. Why? Because they plan on increasing the authorized to 300 million. Was finally able to get out yesterday after a long cost average battle. Won't be back because I don't trust management and stock price action sucks. Glta.

[mccraic]

Projected revenue of $50 million next year!

[MitchDB]

and they always lose money

camera sales are falling and they increase in rev is because they keep buying companies

losing 3-5 million a quarter for the past 10 years is just a SCAM

[mccraic]

Digital Ally EPS beats by $0.20, beats on revenue

[MitchDB]

Earnings out LOSES GETTING WORSE

what ever management touches FAILS

We reported an operating loss of $3,598,973 for the third quarter 2021, compared to an operating loss of $1,843,958 in 2020. Operating loss as a percentage of revenues worsened to 77% in the three months ended September 30, 2021 from 51% in the same period in 2020.

[urge2surge]

Well it's pretty clear that management is rotten and this dog pile has no futurebut down. Garbage...what opportunities wasted..

[MitchDB]

I'm glad DGLY management reads my posts and adjusts, by posting quantities but still no dollars

yesterdays Notable Pr was for 50 units......not very Notable

but some small companies need to issue PRs just to prop up the share prices

and why is this company losing 4-6 million dollars every quarter
where is the money being funneled too????

and for those who bought new shares at $3, it's now $1
Shameful

Captain Chaos was right

[MitchDB]

Magical prs with no dollars and no quantities

Scam alert

This stock keeps falling and now they are issuing prs to lift the price a penny

[jimr1717]

The chart reads an inverted weggie

[urge2surge]

Gme amc all got their short squeeze, no difference on losses from operations. This is ripe for a pop..

[MitchDB]

DGLY DUMPED shares at $3 now it's $1, millions of shares dumped

This tells the story

and is more like a money laundering scheme the way they lose money at DGLY

[urge2surge]

I'm hoping it's a bull set bear trap. The percentages are high enough to tripple or more on a squeeze..