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They can't even charge SBF. What makes you think Kramer isn't sitting in the Bahamas right now??
No. PR has already been purchased. Why would you pay for something and not let them do it?
When the time is ripe for release of information it will happen.
DBMM is built into a who done it mystery, married wih crime drama and sci-fi.
This takes time to build proper suspense...
I believe you are talking about what Citadel and other market makers do. If you look at a market makers annual report you will see a large amount of sold but not yet purchased liabilities, which is where naked shorts are classified.
You seem to be hot on this naked shorting wagon. Have you looked at Citadel securities annual report prior to DBMM stop of trading? What amount of sold but not yet purchased liabilities did they show? That is where you would find some evidence of naked shorting. Citadel is famous for this. It is what you saw with GME as well. I actually have not bothered checking into short positions here because OTC is so sketchy anyway but I know they were making a market for DBMM before they stopped trading.
Well guess it would make sense if this had been done 5 years ago...
Only larger catalyst at this point would be if Musk bought it.
Well at least you understand that the company has no fundamentals to speak of.
Frankly, DBMM is far more honestly portrayed at this point than most pinksheet companies. I do not understand the constant confusion here though.
Yes, it's a well known fact that OTC has very few fundamentally viable companies listed. Kind of why they are here. But it is the most relevant part of the equation. Absolutely, does not mean there is not money to be made.
Facts are simple, per the rules governing this public company, they were rightfully put in the revocation process. Now before there's a lot of DBMM panties bunching up here, yes there were some extenuating circumstances. But another fact is, no matter what bad actor or what peice of the sky fell and hit you, you have to file on time. You can be broke, on fire, in a non-extradition country, but you still have to file on time. Obviously, this is the only way they can give a slight measure of transparency in the OTC. Most filings are utterly manipulated BS in every market but here they make masterpieces. DBMM broke this very simple rule and the excuse is what is truly irrelevant.
Now the reason I got in DBMM was it was a pump and dump setup by the criminals they were accepting capital from. Again if you are careful, money to be made. Yes, with all my experience, I still got a small sum locked up in DBMM when they were forced to stop trading. My fault, was being a little greedy. But the reason after a while I found shares to buy in DBMM while it was going through the appeal process, is not because they somehow shat fundamentals. It is because the SEC jacked this case up. And yes there was a ton of bad acting that forced DBMM to have issues but that's literally 90% of the OTC.
DBMM has since kept current and fought back which is surprising in itself.
But number one reason I am here now is not profit, it is to see if why this dead horse was beat so badly back to life...
Please forgive my poor cheerleading skills but I do believe DBMM gets trading again.
DBMM failed plenty to even be in this position. The only failure that truly mattered though was the SEC.
What I fine interesting, is the fact, everyone here talks about all of the happenings in DBMM as if it's unusual.
It is all normal pinksheet activity, except one thing.
Almost never does one of these failed companies fight back.
Will definitely be interesting to see how things play out. One thing is certain, we are at the perfect moment for this artificially created hype.
Timing is everything.
Welll sliced bread was a pretty big deal in it's day...
The smear campaign is what you look for. That's how you know they are involved.
Ain't nothing going to happen if you don't have a little yin with your yang...
You are aware that it's not just Canadians buying on the exchange right?
I still keep relevant contacts, eventhough I retired a while ago. DBMM has not gone unnoticed as of late.
There is a fairly significant number of traders that scan for these plays. They are the ones buying at a penny, hoping to see at least a .2 to .5 pump on the catalyst. They scan multiple markets searching for these pumps on news.
It will likely see a pump with some of these promoters that are coming on board.
It is not like there is a lot of data to choose from...
I have to be 100% honest here, I rarely get involved in these types of investments. Mostly because I do know the markets since long before there was internet and all the shiny objects. I am here because I got in on the pump before trading stopped, so I was aware. When I was made aware of what was going to happen to DBMM, I quickly decided to put a dog in the hunt. Really just wanted to see what would happen and if I didn't have skin in, would definitely forget.
As for naked shorting, it is real, could possibly be in DBMM, as it is a common tool of the actors involved with these sketchy promotions. Is it significant? I don't think so, but doesn't have to be. Just need the idea of it. Basically it is exactly how the media works with adgenda.
Right now what you're seeing is individuals that bottom surf these opportunities gearing up for the flood gates to open. They know, doesn't matter what the truth is, once that leash is off there's a possibility of a significant gap up.
I can say this, I have spent the last several years occasionally telling associates about DBMM's going ons and I have never got anything but DB what???
I have got a few emails recently saying you hear about this yet? These people don't buy garbage like this either but just the fact someone is promoting it is good news.
We'll see I guess. If nothing happens didn't lose much. Could make a couple dollars too I suppose. Fortunately, I don't need money anymore but I do enjoy the thrill here.
I wish you all the best of luck. I know for some, DBMM can be life changing money. Just for Gods sake don't get greedy, don't fall in love, just cash your chips while you still have a worthy stack.
Makes not difference unless your the last one with out a chair when the music stops...
That is hilarious. SEC has always done what they were hired to do.
Problem is the mission statement, not the work being done.
I don't think this is anything new. What promotor does not drip feed catalyst in preparation for the pump?
This is just the throw it at the wall, see what sticks and shake the weak hands part.
They saw the reaction to a mild catalyst, so know exactly how to pump it when the CE clears and it is tradable. Plus someone is buying these shares in preparation...
I stand by my original assessment here years ago. I don't understand why any party has put this much effort into DBMM. Whether trying to kill it or keep it alive. But ultimately, I figured the SEC would have bigger fish to fry at some point. I have about 700k XRP coins that I believe is fixing to pop for the same reason. SEC is under fire for being useless as investor protection and weighed down with these frivolous litigations.
Sorry my friend, there were many others before and will be many more in the future. These unicorns attribute only 1% of my wealth. Most have failed me over the years.
Pink, you know I have been here since before DBMM stopped trading. You have put a lot of effort in and I will be happy to see it finally rewarded.
For me plays like DBMM are akin to the trill I get from making wine.
Oh love that taste of fruition...
Qualified? Are you meaning accredited? It is most likely a brokerage restriction. But I have a small family office with a couple funds so have been out of retail investment for awhile and rules change so I am not current there. I only play with this high rist asset stuff for enjoyment since I retired years ago, I don't even manage the group anymore, my kids do.
I like seeing all the comments, personalities and psychology at play, very exciting. Sincerely hope everyone here gets what they desire!
If you're accredited, you can buy whatever you can afford. I was more difficult because you can't really see much in those market conditions so kind of had to hunt and peck but this thing got real cheap for awhile.
Something I have not seen mentioned here, but y'all talk a lot. The timing of this could not be much better.
Markets are full surfers right now, just jonesing for that next big wave.
Just the market conditions are ripe for this type of fomo.
Anyone remember dryships?? This was an epic short squeeze. Factually or not, DBMM will come out of the shoot looking like a squeeze. If there is no short present, it will may briefly act as though there is, because any quick DD will show the controversy. Sometimes news is a self fulfilling prophesy.
Not saying DBMM will have the same results but the setup is there...
DC is private, meaning not publicly traded. Never said DC was a subsidiary of DBMM. Said subsidiaries are often used as proxies.
Well Digital Clarity is a private company and most private company information is private.
That being said, whale is a very subjective term. A guy working at McDonald's is a whale to the begger sitting outside the door...
Probably, the largest upside I see to new blood, is private companies often use public subsidiaries as proxies to raise capital. DBMM may still have a use case, who knows?
Leak? Thats not even significant spotting...
Well I don't fall in love.
If the facts say something I go with that first. Obviously I acknowledge my intuition as well. But stay with what I can prove until I can prove otherwise.
You can make anything fit a narrative if you try hard enough. Just look at government and media...
You are speaking of common individuals. But even at, there are several cross-border banks that cater to dual citizenship. Irregardless, I am an accredited investor as well as having a small financial firm. I can buy wherever I want, but I could purchase these shares as a common individual as well.
You simply get your series 65 license and you can buy as an accredited investor. Your brokerage can help you with trading outside the US. You do not need to get a bank account outside the US. Although I recommend it for other reasons.
Lol. Well now I am happy as well. Going right out and putting a hog on the pit. You made me hungry.
My money is on someone betting this is going lower before higher, in regards to no buys.
But you are right. Any family office or accredited investor can purchase these shares if desired, regardless of location.
My point to the naked shorting, if it does exist, is the key directive in nefarious deeds are to do them without others knowledge. So if you know there are naked shorts, then they are very poor at the process. Otherwise, your not going to know until after the fact, if at all.
This ticker has very low volume. You're better to wait until volume enters to make a move. Now you would simply draw attention.
Lol. Yep, I mean really who gives a damn.
Either is or isn't. It's no secret it happens.
Did NS happen here? Maybe.
Did NS not happen here? Maybe.
2 Maybe's equal who gives a F#$k!
Only thing that can be said with certainty, is if it starts formally trading again, we will all finally find out...
The purpose of a naked short is keeping it unverifiable.
Not saying there is a large, small or nonexistent naked short interest here.
I am saying it is pointless to debate the existence of an apparition in trading.
You fight what you can see, have contingencies in place for what you can't.
So unless everyone just likes saying naked, can't see the purpose in debating for years in DBMM...
Thank you Sir!
In 35 years of finance, I have been hosed by everything imaginable. Friends, family, strangers, government and mother nature. It's part of the game. No risk, little reward. Risk is often highest with those you would not expect to see it coming from. While some will disagree here, we should be able to expect a regulatory system, set in place explicitly to protect investors, to actually protect them. Obviously, that is not the case. I have also found that there will be no leveraging against our regulatory system SEC. Used to be they kept it largely in house. Any throwing under rugs was done, door closed. Not anymore. Use XRP for example. They don't even have a regulation for crypto yet. But saw it fit to file suit against 1 company, the number 3 crypto, saying it was illegally issuing security. Timing of this was highly suspect. Government officials involved with possibility of benefiting from this action were several. Finally, it was also the only asset in that class directly challenging Swift and winning. In fact, still winning.
To date, investors trapped in the coin due to this decision. Numerous legal holes and judiciary missteps by SEC. Verifiable conflict of interest. Verifiable discrimination. Refusal to comply with judiciary orders, list goes on. All to protect investors from XRP.
Reason I bring this up is Ripple is a multi-billion dollar company with 100,000 times the investment and revenue of DBMM. Yet SEC has zero issues screwing the dog in plain sight.
DBMM is nothing by comparison but the rhetoric is identical. I think just about any "catalyst" for DBMM will work for a pump. What will happen that is going to change everything is DBMM will not be a secret. Everyone will know that they beat the SEC and that will be promoted to the maximum. This thing should fly. But at the end of the day. DBMM will crumple like a house of cards in the aftermath.
I have been wrong before but I don't think so.
Time shows all so we'll see.
I agree with your reply OTC.
Thing is SEC screws the pooch constantly, no secrets there. They become even more inefficient afterwards. In hopes all parties will just give up.
DBMM didn't just have unusual intestinal fortitude. It takes very little capital for them to survive in this limbo. But it doesn't net anything either. So has to be an ace somewhere. I don't believe it to be anything factual, doesn't need to be. Just needs to hold water long enough to get the pump going. It'll grow legs of it's own after that. I still lean towards SEC fumbled and it cost so little versus the possible reward to fight, risk was limited. Not like DBMM position changes any if they bow out at any time...
Thank you Sir.
Not saying they didn't. Happens constantly. Kind of a lowest bidder thing. But you can afford mistakes when you make the rules.
Difference is in most cases that even have a leg to stand on with the SEC turn away from the battle. Business is in business to make money. Public companies are same as government. They are not risking their money. So faster you cut chow and run faster your on to the next cash cow.
These proven facts are the only reason I say there is a reason we are still talking about DBMM. It's not just because that mean old SEC needs a lesson taught it. Why is speculation but once you remove the obvious, profit. Not much else holds water.
Hope y'all had a wonderful holidays!
I prefer spending more and more time outside the US now but it is refreshing to come back to the metaverse that is the United States. Here, anything that is said or thought can be made true.
You never really get a feel for this until you read the news while outside the US. The irony is they are all virtually the same. Only time you see a discrepancy in this is if you get some US news.
OTC is pretty much the same. DBMM doesn't need to be successful, it just needs to have the possibility of it. I think the only facts that create the possibility are sentiment. It is difficult to pave a path to success using DBMM itself. But fluff it up with drama fit for daytime television and you got a show.
I think what is truly driving this drama is SEC incompetence. Had they done their job nobody would be here talking about anything. I realize there is going to be some hate mail on this but it is likely if SEC had made a decision on DBMM in a 6 to 12 month time frame, good or bad for them the company would be no more today.
The positive now is governmental agencies have come under such fire as of late. Even a whisper of SEC losing a strangle hold will incite a reaction from the growing populous looking exploit any government weakness.
With proper promotion, DBMM could easily see a massive push off sentiment alone.
I have said this before about DBMM even fighting this attempt to revok, why? There was literally no skin in the game for it. Unless, fighting the revocation was the game. Obviously, regardless of what they saw that warranted the investment to fight. The end game was always going to be the resulting pump.
I do realize that I am hating and loving on DBMM at the same time. Very sorry I don't care about Asher, synthetic or naked shorts, Linda, etc.
Think of it like having a mistress. You're only there for one reason. As soon as the reason is no longer there, neither will you be. So I am here for a good time not a long time.
Made a lot of money on rug pulls. Not saying don't stand on the rug. Just saying best not to be there for the pull...
New year, new short interest theories lol.
I mean, Nigeria has built an industry out of taking stupid Americans money.
Stands to reason they would tap pink sheets.
Plenty of questionable knowledge here...
It's not that I am denying there could be a short interest here. I have seen plenty of crooked stuff happen down here. Facts are criminals take the path of least resistance. There is a lot of resistance in these markets mostly from liquidity issues. Plus it is actually regulated, sort of.
I see digital assets as the new playground for these guys. No regulations, almost anyone can make a market without huge sums of capital. Because of a 24/7/365 trade environment worldwide, liquidity tends to be far better than stocks.
That is a path with far less resistance.
Still don't consider it realized gains yet. I took some off the table into my offshore account but waiting to see if uncle sam notices.
Just in case I kept his 40% cut on ice. 1.5 years now and looks good lol.