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I think these are the key points we can go off right now. Even with the greatly increased share structure this has a chance to make some waves, though it looks like it might take this quarter to realize.
Key points from this PR:
http://ih.advfn.com/p.php?pid=nmona&article=45981599&symbol=DTSL
- $120K in revenue for Q4 of 2010. Not a lot of money, I think we all realize that. But look at the company as a start-up. Q4 was really their first quarter of revenue production. This will obviously grow and it will certainly need to to achieve the next item.
- Projecting top line revenue of $13MM for 2011 and $23MM for 2012. Getting from $200K in 2010 to $13MM in 2011 is a big jump. But now that they have everything in place they can concentrate on getting more big names, some of which I believe they are already in negotiations with. That brings us to the next item.
- "...This includes adding additional menu choices with our services, including adding other nationally recognized brands as a choice. We look forward to sharing the details of these new relationships with our shareholders and the investment community in the coming quarter"
- NO REVERSE SPLIT. "Additionally, as of today, we are not in the process, nor have we any intentions at any time in the near future, of recapitalizing and/or reversing the current share structure. Any and all suggestions that we are 'planning, completing, or finalizing' a restructuring or reverse split are erroneous"
From Previous CEO Update PR:
http://ih.advfn.com/q.php?pid=nmona&article=45503382
- They are "current" with PinkSheets and plan to stay that way. "Another milestone and accomplishment in 2010 was the company's successful upgrade in status to "current information" from the OTC Markets in November."
- They plan to uplist. "It is our intention to become fully reporting in the future and eventually have our company's shares trade on a larger exchange."
- Dilution is done. "As 2010 comes to a close, it is our intention for the next several years to no longer engage in any capital funding that could result in dilution to our shareholders."
So while DTSL is far from perfect I think they are working to get things done. I don't agree with how things were done but I'm not in charge and I can't change them. But the company continues to be as open as they can be (aside from taking so long to get the structure out to us). The float is no longer desirable but without a doubt still workable if they get those agreements signed and PR who they added to their growing list. I don't want to seem like an eternal optimist, but things could be WAY worse here. That's how I see it. I don't know what is going on with the shares, but I personally don't think it's all legit. But that's just me.
Going back outside now to dig out from the 2 feet of snow we got here in New England.
Update PR coming from Company this week.
Guys, I removed my posts because I don't want to get anyone's hopes up on what will be included in the PR only to be let down if something isn't included. I'm only the messenger. Basically all my posts stated (for those who missed them) is that I spoke to the Company today and there will be an update PR coming this week that should answer most (if not all) the questions we as investors have.
DTSL - .0002 w/ lots of buys
DTSL - .0002
DTSL - .0002
DTSL - 1MM left at .0002
DTSL - 1 left @ .0002
DTSL - 1 left @ .0002
They didn't indicate they had signed anyone to me, but I know they are working on a few new deals.
I hear ya. I wasn't happy about the dilution either, trust me on that. I truly believed what I was told and that was my bad. However, putting the dilution aside, the company has been good with everything they've said. I do think they are going at this hard. I don't know the SS, but I do think it's pretty close to fully diluted. But I'm going on the 3B AS and not the 6B AS. So that would give us a float around 1.8B because 1.2B or so are restricted until 2012. But at least we should know for sure within the next two weeks because they have to file by then. The company told me that the raise in AS was to accommodate the ceiling necessary for a conversion of preferred shares. This would make sense if they were fully diluted. With that said, if they go much above 3B for an OS I'll give up because then I know I'm just being duped. But I really don't think that is the case here. Time will tell though. The next few weeks should be very telling in regards to the lawsuit and the filings. In the end, I am still very positive on this stock and company. I think the dilution went like this...I kept asking if they were diluting and they kept saying no, which in hindsight was probably the truth. What I wasn't told was that they had already diluted and that the IBs had started to dump shares from that past dilution. So while they technically were truthful with me, I wasn't told the "whole truth". That's how I see it anyway. But it's in the past for me and I'm looking forward to hearing what new big name they signed.
He couldn't give me any real details. He said it's best to let everyone hear it from the company publicly once their attorneys file. I'll give this to them, they are doing everything the proper way in regards to the "marketing company". They aren't dropping silly PRs fighting back, or going into the public domain and spewing nonsense. Instead, they have been gathering all the evidence they have to show all of us what is really going on.
They did reiterate that the RS talk is completely untrue. That will also be addressed next week.
Spoke to Roger today. DTSL is filing suit against said "marketing company" and the details will be released next week publicly. He said they are not taking this lightly and everyone will soon find out the truth. Just FYI.
Short Volume today
http://regsho.finra.org/FORFshvol20110106.txt
20110106|DTSL|106,714,031|117,743,031|O
Precent of total volume: 91%
44M "sold" on the bid and then 48M bought on the ask within a span of 2 hours. Personally, I think someone shorted the bid down and then covered back at the ask when nobody took the bait and sold. Just my opinion.
I've never been to them, no. But I do remember someone saying they might stop by their offices.
Snapshot
Looking real good today. The past few days of super low volume is very encouraging.
DTSL - .0002 x .0003. Very stable past two days. Dilution is done. PinkSheet current. Working with Subway among others.
DTSL - .0002 x .0003. Very stable past two days. Dilution is done. PinkSheet current. Working with Subway among others.
DTSL - .0002 x .0003. Very stable past two days. Dilution is done. PinkSheet current. Working with Subway among others.
Well said bro.
Exactly. Until the company gives the market the needed spark we'll languish in this area, IMO. Last time I spoke to them they were working on a bunch of stuff so hopefully some of that comes out in short order. Until then it's just a waiting game.
Amen brother.
So, so true.
LOL...now that would be a PR for the books! L2 does look much more stable right now. Like you've said in the past, all it will take is one big name company to sign on with DTSL and everything will be forgotten.
I think it plays into it for sure. They are right about the dilution, that's for sure, but I don't trust them (MMG) as a company. I have asked Ryan about the possibility of a RS like others have as that is my worst fear. This was his reply:
"We have not even discussed splits at all. You do that from strength not from weakness."
Take it for what it's worth, but I do not believe a RS is even a thought right now. The company did itself no favors by diluting the way it did and not being forthcoming with the share structure. We are all big boys and girls (well, most of us anyway). We can handle an increase but it would be nice to actually be informed.
I do think we get a lot of clarity and new information this quarter. While I'm not happy with the PPS I do think the company is doing what it needs to do. The thing about the relentless dilution is maybe (and I'm certianly not making excuses) it was either dilute the crap out of it all at once in order to go to the next level or fold up shop. They needed money and they got it. Hopefully they are putting it to good use. I think they are, but that is just one guy's opinion.
Thanks. I forwarded it to both Ryan and Roger. I have no clue if they will do anything about it, but I did make them aware of it.
I agree. Two things of note from L2. DOMS is on the bid, but not actively on the ask. AUTO closed out its position this morning after those .0002s dropped, so he might have been a major part of the dilution. L2 looks better than it has in a long time. Hopefully the company steps up and gets something out to all of us soon. It's needed.
What you fail to understand is that I despise dilution. I've told Ryan that and made a point to him that the company had a really solid chance when this was at .0017 and had a 400Mish float. This could have soared past .005 with ease and he could have diluted at a much higher price with a ton fewer shares. Obviously the company doesn't listen to me. So if anyone thinks I am happy about where this is you are sorely mistaken. I am very deep in the red with a lot of shares. However, I can't change things. The company has done what it's done. I'm not happy about it and neither are the majority of shareholders that bought in above .0002. So we can all just sit around and whine about the same things day after day which will have zero positive effects, or we can just suck it up and know that the PPS isn't going anywhere until January and check back then. I chose the latter. It contantly amazes me how many people cling to conspiracy theories rather than just taking a minute to think about the situation...this is a pinksheet company with no real revenue yet...how else will they fund it? Was the dilution done correctly. 100% no...no question about that. It was a blatant dump and it sucks. But like I said, we can't change it. But unlike most pinks they actually have stuff going for them and more big names in the pipe. 4Q of 2010 is when the company said the real revenue starts. I personally like the prospects for early next year. But to each their own.
I read the board every day, it's just filled with the same people saying the same things. Nothing to talk about right now. Want to talk about dilution? I think the board has that covered.
Still here. Not too happy about the PPS but what can we do. This week is always slow for pinks. I'm looking forward to Q1 next year. Hopefully we get enough of a rise in PPS to let the whiners off the bus so we can carry on.
I see a lot has changed since before christmas. Just the same few posters saying the same stuff. I haven't spoken to the company because honestly it's too tiring trying to refute things I have no idea about and I have this week off. My take on all these shares...for sure dilution, no doubt about it. But anyone who wants to really understand what is going on should read Lowman's posts. I think he is spot on about everything. And anyone who understands dilution also understands that the company sells shares and then the IBs do what they want with them. Most sell immediately for a 50% gain...some wait to see if the PPS goes up and gamble on a larger gains. Those are probably the shares hitting now IMO, those that gambled and it didn't pan out. Anyway, happy holidays Tuf and all the other non-conspiracy theorists. Off to post with my hundred other aliases. It's not like ihub has technology to thwart that...oh wait, yes they do. Silly me.
For sure. This is how Ryan (CEO) broke it down for me...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57439217
$13M in revenue for 2011. But how?
That's one of the questions I asked Ryan over the weekend. I wanted to know specifically how a company that is just turning the corner into revenue generation could possibly bring in that much next year. I put him on the spot but he had the data to back it up. They didn't just pick the number out of a hat, but rather based the revenue number on new clients they plan to add to their growing list. It's a plan that is already in action and ramping up.
The catering industry brings in $20B+ per year in the US. Now say UDS (DTSL) is able to get into the action and grab 1% of that industry. That would equate to $200M in top line revenue!! Seems doable to me considering they are using Subway as the vehicle to get them there.
Here is some simple math that Ryan gave me as an example:
Say UDS (DTSL) was to bring in 1,000 new clients next year. That works out to roughly 84 new clients a month or roughly 20 per week. They believe with the right amount of marketing (that has already started) they can obtain those numbers.
Now, can these companies on average spend $1,000 dollars a month??
1,000 new companies X $1,000 per month equals $1,000,000 / month in revenue or roughly $12,000,000 for the year.
Here is a breakdown using bottom line and super conservative numbers:
Lets say 25% of those 1000 companies only spend $250 a month = $750,000
Lets say 25% of those 1000 companies only spend $500 a month = $1.25 million for the year
Lets say 25% of those 1000 companies spend $750 a month = $2.25 million
Lets say 25% of those 1000 companies spend $1000 a month = $3 million
That’s 7.2 million in top line revenue using very conservative numbers.
Everyone following me so far? Good.
Now here is where it gets interesting? What happens to those figures when you get companies that give you $100,000 a year in business? That $8,333 as month on average! HP, Intel, AMEX….all of these fortune 500 companies wouldn’t blink an eye at that kind of money and they are already working with DTSL!!
This is the BIG PICTURE that I hope some people are starting to realize.
Ok, this is my last post. I believe is a little over 10%.
My pleasure, G. I also think they are working on a private loan because as they said the dilution is done. So maybe like a bridge loan or something.
Ok, I have an answer to the AS increase if anyone is interested. I am going to call it quits for the year after this post, but I wanted to share with you guys. The AS was increased strictly for the existing preferred shares for the executives to give room for a conversion if needed and to keep voting rights with the owners of the company. That's how it was explained to me. They said those shares would not be issued and the AS was increased only for this reason. I did not ask the share structure but like I said before I'm going on the belief they are fully diluted after what's gone down. If that is the case then we are probably looking at something like this for the current share structure:
AS - 6B
OS - 3B (~1.2B restricted until January 2012)
Float - 1.8B (just a guess)
Again, these are NOT company provided numbers but just going by being around for a bit with DTSL and having a feel. If that is the case then it's been diluted heavily but certainly within the reach of a high runner. Hell, i was in a stock once with 3B in float and almost hit .01 with NO business to speak of. So I think once they drop one or two more HUGE names none of this will matter. However, until then it totally matters. I was told that the company would be looking into what the heck is going on with the stock (again, they say dilution is done). Up to folks to make your own decisions.
At least we know they aren't lining their pockets with the dilution and are using it to grow the business. Both Ryan (CEO) and Lewis (President) are capped at $99,000 for salary this year (their stated is $250,000, but they capped themselves).
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39341
Mr. Coblin’s annual salary is $250,000. As of the date of this disclosure statement, Mr. Coblin has
been paid $68,524.70.
Mr. Plaut’s annual salary is $250,000. As of the date of this disclosure statement, Mr. Plaut has been
paid $19,483.91
Just wanted to pass this on. I do think Q1 2011 will be a very good quarter for us and the company. Happy Holidays to everyone. Be safe.
I do feel terrible. Thing is, if you stopped for a moment and thought rather than lashed out you may come to a different conclusion. I was here right after they stopped falling after the merger. I was the person who picked up the phone and got in touch with them. I was first that's why they speak to me all the time. So believe what you want, Ace. There are PLENTY of people on this site that know I'm about as honest as they come. If I've been duped then that sucks, but stopping blaming others for the money YOU put in here or other stocks. Last post to you as I won't be able to see your reply.