Tell that to my broker that did a 1/20 reverse split on my shares.
No company split, in two, camera business and kustom entertainment
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
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
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.
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").
$34 in 2014, 28 cents yesterday a loss of 99.17%
That has to be a world record
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.
Every day dgly sets a new 52 week low
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.
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
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.
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
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.
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
Digital Ally EPS beats by $0.20, beats on revenue
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.
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
Captain Chaos was right
Gme amc all got their short squeeze, no difference on losses from operations. This is ripe for a pop..
I'm hoping it's a bull set bear trap. The percentages are high enough to tripple or more on a squeeze..