Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You just blinding spew information that your beloved CEO says. He also said they wouldn't sell shares. I do recall something about no more R/S because CFP by Oct. Hil is a man, men in his position lie to enrich themselves. I wish us all luck. Were gonna need it.
No. It is an absolute IF. I'd honestly say the percentage chance of them being CFP is less than 30% by the end of year. I'd say it's less than 50% end of 2024. You are basing all of your opinion on what Hil said in his PR. Be realistic.
IF. And that's a big IF.
OH.... we're watching. Why do you think we are pissed off. -95% for the year. So 10X wouldn't get it back to where it was 1 year ago.
It didn't set a new 52-week low yesterday! I guess that's something for our pumper to be proud of. Although it only missed it by .0006. But hey, we've had 2 or 3 this week. Can we see one today?
I'd rather bitch about it and call it a POS. And piss all the pumpers off. Oh wait, you are the only pumper.
So, what do you think happens "IF" DBGI doesn't become cash flow positive in Oct as you have driven into the ground? It's nearly certain another R/S is coming at this point. Are we looking at 2 R/S before the end of the year? That is IF they don't become CFP.
IF... IF the company reports cash flow positive... Thats a very big IF.
We should generate over $500,000 in free cash flow monthly starting after our last MCA payment in early October.
I've read it. Have you? The KEY would is SHOULD. This gives Hil all the room in the world to wiggle out of it. Use your head man.
So exactly the same as your spewed BS.
Post another R/S.. lol
I agree 100%. But its supposed to go up not down 90%. Thats the most realistic thing you have ever typed on this site.
Sure, I could use 30 years of write offs.
Ohhhh the good ole days. Where we at now?
Im averaged at $1. What about some of these guys that are averaged at $3++ listening to you and your "realistic" bullshit.
No dipshit. I still hold 67K+ of this POS. I wouldn't put another F-ing penny into this money suck. I don't want to see anyone else lose their money here. It's a F-ing black hole with no bottom and a certain R/S coming. AGAIN!!! They need to oust Hil ASAP.
I'm getting tired of seeing new 52-week lows.
This POS will keep repeatedly making new lows. They are letting everything ride on Oct being their breakthrough to profitability. When that fails, which is nearly guaranteed, at that point sub .20s and another R/S. Something Hil Davis is actually good at.
Sure.. So was the last one.
Proposal No.1: To approve the amendment of the Company’s Sixth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s outstanding common stock at an exchange ratio between 1-for-2.5 to 1-for-50, as determined by the Company’s Board of Directors; and
Something isn't adding up. We all know what Hil said. BUT. We all see what Hil is doing!
Please. Just stop it. You are making yourself look foolish now. Another new 52 week low. They will continue to come until we get to the .20s then R/S. Fukery 101 Thats REAL. Go sit in the corner. You have misled people into this POS.
And allow for more dilution.
Looks like a R/S to me.
DIGITAL BRANDS GROUP, INC.
1400 Lavaca Street,
Austin, Texas 78701
NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
To Be Held on August 211, 2023
9:30 A.M. (Eastern Daylight Time)
To Our Stockholders:
You are cordially invited to attend the Special Meeting of Stockholders (the “Special Meeting”) of DIGITAL BRANDS GROUP, INC. (“DGBI,” “we,” “our,” “us,” or the “Company”), a Delaware corporation, to be held at the executive offices of the Company located at 1400 Lavaca Street, Austin, TX 78701 on August 211, 2023, at 9:30 a.m. (Eastern Daylight Time).
The Special Meeting of stockholders is being held for the following purposes (the “Proposal” or collectively “Proposals”):
1.
Proposal No.1: To approve the amendment of the Company’s Sixth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s outstanding common stock at an exchange ratio between 1-for-2.5 to 1-for-50, as determined by the Company’s Board of Directors; and
Oh, it's coming. Charts are getting more bearish by the day. I'm averaged just over a buck. Some of these poor souls are over $3 cost average. But you keep it real and put your rose-colored glasses on. Hil is about to F us and good. Has he ever told the shareholders the truth? He probably won't start in October either.
We await numbers and delivery data. Then $5. Profitability, and we see PPS more in line with their peers. 20++ This is not a flip. The right moves with this one could be life changing. IMO
Were probably going to see a new 52w low today. That is REAL.
I will continue to hold this POS until "October". When Hil, F's us again, I'll sell for pennies.
Its not a 50yd dash. Patience will be rewarded here.
An S-8 and a form 4 (13k+ buy) were filed today. Any idea of whats up?
Hil is going to R/S it again and dilute the hell out of us.
Added 4.78. I'll take a 12-15% divi!!
I have a large position of my Roth in STSS at an average of .86. I'm in no hurry.
Absolutely. Added more yesterday.
I'll be here. My apologies for the earlier rant. My coffee hadn't kicked in yet.
Maybe you haven't seen the charts. Here is a link so you can see it for yourself. https://stockcharts.com/h-sc/ui?s=DBGI
This is near its ATL . The inherent risk is reduced. As long as they keep the monthly divi around .07-.08 per month, they will be just fine.
If we see .50s, we could well see high teens or low .20s. I hate to even think about that. Until Hil gets off his lazy ass and does something about this, we will continue to spiral downward. Management has always been my biggest concern with this company. It seems like they make all the wrong moves at the absolute right times. For instance, right now would be the perfect time to "discuss" a share buyback program. Just the mere mention of it would slow the slide. But where is Hil? Probably playing golf or vacationing in Hawaii. Or both....
I'm looking at it now. .50's is not out of the question for sure. Probably going to lower it.
.65. It's almost there. This is not looking good.
Agree. This is not a 100 yd dash. It's a marathon. Be patient..