Digital Brands Group Inc (DBGI)

[splintered sunlight]

Always

[Arnold25764]

To each their own

[splintered sunlight]

May continue lower......

I hold so little it's laughable.

I'll see it to zero if I have to.

At some point I will jump in, but it keeps going lower so I keep waiting.

Maybe I'll nibble a little soon.

Remember, a wise man said the warrant holders want their money back plus a sizable profit LMFAO

[Arnold25764]

It may continue lower. You still going to hold?

[splintered sunlight]

The people who are still long who are getting absolutely demolished, I would think IMHO.

No lmfao matter...............

[KeepItRealistic]

Who cares lmfao

[splintered sunlight]

To anybody who is still long DBGI, I'm sorry that you are losing money.

I sold out my stash and bought back tiny waiting for it to come down.

Now that it is down, I'm "afraid to buy in"..............

Although my risk is at it's smallest level.

GLTA

[splintered sunlight]

Or it will die a slow and steady death......

A continued slow and steady death.

[splintered sunlight]

For now..........

[Arnold25764]

Any idea the offering price?

[KeepItRealistic]

$DBGI

Putting out an S1 for up to $5m when the Market Cap is at 1.3m 🤷‍♂️

And company said no offering for 2024 which further erodes companies credibility ?

https://ca.finance.yahoo.com/news/dbgi-reaffirms-2024-guidance-commits-133000019.html

We may see a lawsuit against the company for misleading investors ⬆️

Either the funders run this much higher or this will collapse to under a dime

[Monksdream]

DBGI new 52 week low

[splintered sunlight]

Yes it is!!!!!!!!!!!!!!!!!!!!!!

$.4604

[splintered sunlight]

Is today the day we break 1/2 a dollar?

[KeepItRealistic]

$DBGI my thoughts

Putting out an S1 for up to $5m when the Market Cap is at 1.5m 🤷‍♂️

And company said no offering for 2024 which further erodes companies credibility ⬇️

https://ca.finance.yahoo.com/news/dbgi-reaffirms-2024-guidance-commits-133000019.html

We may see a lawsuit against the company for misleading investors ⬆️

Either the funders run this much higher or this will collapse to under a dime

Hedges buy shares at .50

Sell them at $5 for 10x 🤷‍♂️

Will Hil cancel the S1 for a private deal like he did last time ?

Rinse repeat

There is a $1.25m payment due end of month per filings which is likely the reason for the offering …

Discouraged & upset …

Let’s see maybe a surprise move like Feb 13th ?

Cannot phantom a scenario doing an offering at this Level 🤷‍♂️

[KeepItRealistic]

Correct

[splintered sunlight]

Yet another great day to add......

[splintered sunlight]

For now.....

There's always tomorrow and the day after that.........

[Monksdream]

DBGI new 52 week low
https://investorshub.advfn.com/uimage/uploads/2024/9/12/qeiyjIMG_1698.gif

[KeepItRealistic]

$DBGI crazy cheap

$20m RM or going private incoming

Listen to last call audio

I can wait for a 10x+++

CEO words at call …

Q2 recorded audio call
https://static.seekingalpha.com/cdn/s3/transcripts_audio/4715736.mp3

Reverse Merger or Buyout 🤷‍♂️

“Also I’d like to highlight that we continue to get offers for our NASDAQ shell that are between $3.5 million to $5 million in value plus a percentage of whatever company would be coming in, that’s usually $10 million to $20 million. So as you can imagine, there’s value in our shell alone. And so one of the things as part of the strategic review process was based on feedback from strategic partners, what was most critical for them to focus on and the debt cleanup, which we did, which was $5 million in debt and other liabilities was a big piece of that.”

[KeepItRealistic]

I did !!! Crazy cheap

And I agree !!!

$20m RM or going private incoming bro

Listen to last call audio

I can wait for a 10x+++

[splintered sunlight]

Great day to add to your stash!!!!!!

[Arnold25764]

Alright thanks

[splintered sunlight]

Good

Right size that average.

Pretty soon you may have to file as a 10% holder.

[befast]

Looks like the so called strategic partners are as clueless as Hil. Down again in premarket, looks like anither ugly day in the making. Glad I sold some on Friday at 0.95, did not get the HOD at 1.05, but in retrospect it was a good move. Will buy back the same amont if (when) it gets around 0.65

[KeepItRealistic]

No idea
I added some at .74

[Arnold25764]

Why the drop today?

[Awl416]

Yuck

[Backstabbed]

$1.05

[befast]

So impressive we are starting day 13 below 1. 17 days to go before delisting notice

[KeepItRealistic]

$DBGI news !

https://ca.finance.yahoo.com/news/dbg-announces-launch-avo-direct-140000373.html

[befast]

Yawn... Love how thay extrapolate sales in one single retail store to a whole new brand and business model. Same as the sales in the Dallas store making good on predictions (but at least no more word on opening 50 stores based on generated free cash flow). Another dream to chew on and let you believe the next quarter will be better

[Backstabbed]

News out!

[KeepItRealistic]

$DBGI chart 50ma at $1.26 is key
https://schrts.co/GgPcrKYA

[KeepItRealistic]

$DBGI Breakout from falling wedge occurred yesterday

Has not closed above the 50ma key resistance at $1.26 in last 4 months

Once it breaks through it the real fun starts

https://stocktwits.com/KeepItRealistic/message/584769254

[KeepItRealistic]

$DBGI solid close $1+++ Tuesday

Unless we get a surprise buyout and it opens over $10 🤔

Have a nice long weekend longs

[KeepItRealistic]

$DBGI maket Cap 2.28m

Buyout possible at $20m 👀

CEO words at call …

Q2 recorded audio call
https://static.seekingalpha.com/cdn/s3/transcripts_audio/4715736.mp3

Reverse Merger or Buyout 🤷‍♂️

“Also I’d like to highlight that we continue to get offers for our NASDAQ shell that are between $3.5 million to $5 million in value plus a percentage of whatever company would be coming in, that’s usually $10 million to $20 million. So as you can imagine, there’s value in our shell alone. And so one of the things as part of the strategic review process was based on feedback from strategic partners, what was most critical for them to focus on and the debt cleanup, which we did, which was $5 million in debt and other liabilities was a big piece of that.”

[Backstabbed]

Shares are tight. That’s for sure. Up from here

[befast]

The only good news is the "strategic partners" (lol) are telling Hil what to do unstead of letting the clown bankrupting the company

[KeepItRealistic]

$DBGI CEO words at call …

Q2 recorded audio call
https://static.seekingalpha.com/cdn/s3/transcripts_audio/4715736.mp3

Reverse Merger or buyout me thinks

“Also I’d like to highlight that we continue to get offers for our NASDAQ shell that are between $3.5 million to $5 million in value plus a percentage of whatever company would be coming in, that's usually $10 million to $20 million. So as you can imagine, there’s value in our shell alone. And so one of the things as part of the strategic review process was based on feedback from strategic partners, what was most critical for them to focus on and the debt cleanup, which we did, which was $5 million in debt and other liabilities was a big piece of that.”

[Backstabbed]

Buyout coming?!? $DBGI

[KeepItRealistic]

$DBGI another thing I should add is that Joyful wants to unlock the value of the company WITHOUT further dilution. This thing has been shorted into the ground and they know the way to get it out.

[KeepItRealistic]

$DBGI Joyful’s plan is to get $DBGIs governance in alignment with providing shareholders value. They have their first call with them on Friday. I trust Joyful to put out a roadmap for Hil and get us back on track.

[befast]

His timing is wrong though

[KeepItRealistic]

$DBGI part of their main investments

https://www.joyfulbrands.co/portfolio

[KeepItRealistic]

$DBGI wow, Ross Brown has an impressive resume and 25 years of GTM experience. Their business revolves around taking minority stakes in a company and serving an advisory role to contribute to the success of the business through their work.

Step 1. Clean up $DBGI

Step 2. Buy shares

Step 3. Profit

[KeepItRealistic]

$DBGI food for thought !!!


when a family fund recently buys a quarter of a million dollars worth of $DBGI shares above one dollar

I just buy !

per SC 13D filing

https://www.otcmarkets.com/filing/html?id=17786165&guid=w6O-kFUFOe-FJth

229,100 shares or 8.74% of Common Stock
(b) 229100

(c) Open Market purchases 8/19 and 8/20

Investor
Joyful Brands
7207 204th Dr ne
Redmond, WA 98053

https://www.joyfulbrands.co/

We are a private family fund focused on companies and people that create Joy in the work they do, whether that is the moment a user experience solves a problem that has persisted for too long to delivering products that solve problems to creating a moment of hospitality that makes people feel welcome and wanted. We enjoy the process of growing a business together with other smart and joyful people and as such, look for early stage investments where we can add both capital and operating value at the start the ensure a successful journey.

[KeepItRealistic]

Now why Mr Brown Ross Peter buy close to $250k dollars worth of $DBGI shares over 2 days 🤷‍♂️

Maybe we find out soon ?

[splintered sunlight]

Oh

Okay

[KeepItRealistic]

Nope
On August 19th, trading was over $1

https://stocktwits.com/KeepItRealistic/message/584223062