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I agree with some of these facts you presented.
Attempts at witty sarcasm aside, I only have one question for an oracle such as yourself.
Do you have any viable reason, for a company going to the legal, financial and labor intensive efforts DBMM has, to maintain this unlikely attempt at reinstatement? Granted it seems more viable today because of it being successful thus far. But still would have been faster, far cheaper and from outside appearance, more profitable, to simply allow the revocation. Could have filled bankruptcy and in the same week started on DBMM the sequel.
The elephant in the room here being, no person, entity or institution does what they have done without some reason. Certainly not to prove a point at the expense of much time, effort and capital.
Has to be a reason behind this and in business it is seldom related to anything other than money. Doesn't mean any of the investors here will see any of it of course but still has to have an angle.
I was here before the attempted revocation in DBMM and during the entire process. I did some research on all principles that had anything to do with this company, creditors and associated interests. As with most of these pink sheets, there was a lot of smoke and mirrors. But absolutely no definitive answer to why play out this senerio.
Honestly, it mimics an individual that really is worth more dead than alive but can't commit suicide to get at the life insurance because of a clause in the contract.
DBMM has beat the hell out of this dead horse for some reason. I bought a ticket to this show long ago. I think I will stay and see what happens...
Took forever but was able to get several million shares. Will be more than satisfied with .20 share price.
No matter what copy and paste facts say...
Hahaha!! Oh I am going to sell but not until after the show. Or why even buy a ticket??
I think a better question would does anyone care about the data??
Leaving out the fact random snippet screen shots are, let's say unreliable.
I tend to look at historical data. It represents more negative predictions that positive. Actually, rightfully so. But facts are every negative prediction has yet to hold water.
Regardless of why, this ticker should not be here today. But it is and will likely see a significant pump in the near future.
Always got to be someone right and someone wrong. Just the DBMM advocates turn this time.
Yes Sir. All the Warren Buffet school of thought investors have been replaced by wing and a prayer types. Fundamentals are doa anymore. If it starts looking like a Jerry Springer rerun, it's off to the races...
I here that. I got in it around delist debacle and bought as people gave it away. But was difficult process in the greys, kinda like fishing lol.
Thought pink was a little over the top at first but got to give him credit, been fairly on point.
Not big on predictions but as anyone knows the traditional equities have been crazy and a lot of gambling going on. Fundamentals are right out the damn window.
I could see news of them escaping the SEC sledgehammer reaching the P&D crowd. That could spell a considerable FOMO event.
Guess we'll see. I honestly take these plays so I don't feel the need to gamble.
I have been doing this for decades. Just not in the pinks. But Digital caught my attention after one of the people on this board PM'd me to check it out.
I can say that it was definitely a deep rabbit hole on the DD of this animal. Bought a few million shares for dirt just to remind me to watch it.
Truthfully, I never thought it would make it months let alone years. Although it's common knowledge naked shorting occurs regularly, not to confident in the estimates here. But I can say, nobody expends this much effort without a reason. Good for my share or not there is certainly a plan behind this one.
Interesting turn of events. I will say it again. Regardless of what your opinion on this ticker is, nobody beats a dead horse this much unless it ain't dead yet...
My money is on someone needs this listing for something. Who, what, why, lord knows. But companies who are trying to steal from you don't put this my effort in to something that has such a low payout. They'd cut it loose and go onto the next one.
Yep my money is on someone or something is waiting for this to come to fruition.
So no news? Just price action from someone paying any amount for the stock to purchase a few shares? Is there any actual news from the SEC? Or are they to focused on f$&king XRP and all crypto...
While I appreciate the blind enthusiasm and positivity here, does anyone have any factual updates?
Just curious if y'all sniffed out any tangible and verifiable events.
I am expecting a caseload purge in the coming months from the SEC. This COVID fiasco has severely exaggerated already tenuous conditions with case backlogs. There have been several proposals within division of enforcement to prioritize pending cases for removal from the docket.
Could spell a final decision for DBMM in the near future hopefully.
So your conclusion is because I don't sit on this board and comment ridiculous narratives over and over, what was stated is not credible?
Only people that are not professionals will believe any of that garbage. Anyone in the industry knows what the cat and mouse game is here. No secret. If someone is commenting on multiple boards daily they are not an investor...
DBMM is really nothing as far as companies go. But you can't single them out because that's about 90% of pink sheets. People here are only here because they can afford to trade it. Well, what little it trades...
I concur. Have also said many times only reason this is here is because they fought. It is absolutely not new. Happened before DBMM and will happen again.
I'll admit playing around with these bottom surfing companies is a ridiculous game I have a weakness for.
It's some gambling, some curiosity and some comedy with these comments lol. It is certainly not for income...
The irony is, if you have ever been around the "watercooler" in large firms, the speak is the same. It's opinionated, optimistic, pessimistic and some strictly BS to get a reaction.
I suppose a big DBMM move could make some a little money and I sincerely hope it does for them.
Obviously I have an interest here. But FYI, any of ya'll can tour NASDAQ. I have been at One Liberty 3 times over the years as a CEO.
Can't believe this discussion is still going on lol.
Ya'll are treating this as a court of law. It is more akin to an administrative hearing. First person's desk it crossed said yep revoke, meets the criteria. Company has the right to make the case for itself. In this process they plead their own case, excuses, reasons, act of God, WTF ever. Ultimately, whoever did the pleading did something to change their mind, because they DISMISSED the first decision. But, wait for it... Because it is more like an administrative hearing, the side being overridden, has the opportunity to see the case "peer reviewed". That is the process we are in now.
Unfortunately, right now nobody but the people on this board give a squat about DBMM. So nothing going to happen here until basically every backlogged case at the SEC gets seen.
Someone wake me up in 2021...
Nothing going on anywhere but a downward spiral.
Exactly what would make this any different???????
I am in agreement with your beginning statement. DBMM is insignificant in the scope of the SEC. Even after this triumph, virtually nobody will know or care. Including most that come into this ticker for a couple trades chasing volatility.
You are somewhat correct regarding "opening up the door" to addition litigation, if it was a common situation. I do not believe what happened with DBMM is a first time situation. Certainly the circumstances have arisen before. Most likely though the principals involved simply did not fight it. In addition, it probably is a rare occurrence as well.
SEC is not going to be concerned with this happening repeatedly and if there were a presedent than a rule may come of it but doubtful.
It is still a fact 99% of companies revoked, regardless of why, are no longer viable concerns. So if you're the SEC, you don't waste resources on little stuff like this.
Taking so long for the same reason they aren't going to pursue it further. Hugely understaffed for this little crap. They are going to have far bigger fish to fry after this massive market manipulation. Couple that with a push for banking to go digital, they are outta jail soon.
With all that is going on in the markets, there's going to be more than one free pass handed out. DBMM coulda, woulda, shoulda and did many things but at the end of the day I don't think right or wrong is going to matter here. Good timing is going to be the godsend on this ticker. IMO
Hahaha anytime ready is used in investing want and need are implied.
This company hasn't been ready for anything from inception, hell my boat cost way more than their annual revenue. Beauty is that doesn't matter at all. Once this runs, early adopters will bank and the rest will be stuck in another pump.
Lol. Want, ready and need are very different things. This ticker is at the bottom of the gene pool here so I see more need than ready. Imo
Hell I could care less if it took another year. Money in the bank
I love this board! I can take a month off and literally the same comments all day. I agree with you Pink. I hope it takes a while longer. Other markets have been a little dicey because of this coronavirus fiasco. Another month or 2 and election uncertainty and virus fear should have investors looking for runners. Perfect storm for something like this to hit the pinks. Revocation, speculation, accumulation, oh my...
I have some laddered at .001 and below but nothing filled yet. I thought I would try to see again if any of the reporting was accurate. I did finally get a 200k @ .002 filled a while back but took a long time. If you actually want to buy you really need to call your broker to find the shares.
Just like I said, possibly but it is a fairly resilient and successful scam.
I'll get behind that before the 10 year sideways trading OTC non-scam trading stocks...
Actually no "crime" has been committed. Hell Apple is in the UK to evade taxes. Games are games doesn't matter who plays them.
And as for waste it really depends on whether you are the fan, ballplayer or TV station in your scenario.
I prefer to be the manager in that analogy. Fan's loss is pretty much guaranteed, ballplayer wins but takes most of the risk, TV station wins with less risk than the player. Manager wins something whether player wins or loses and has very little risk.
Yes that would be a reason. Is there a purpose behind this comment that I am missing?
Why would it? Who is going to be investigating? Maybe it is a misunderstanding of how this system works?
Only in Pelosi's world do you get to make case's out of circumstantial evidence...
First an attorney never lies. Bend the truth, mistaken, given incorrect evidence, you name it but never lies. Only witnesses, defendants and plaintiffs lie.
Second, this is a process that is available, so they used it. Doesn't matter why. It will take the due course allowed and that is it.
It is easy to find probable outcomes from historical examples of how long and what results were but ultimately every case is individual to an extent.
The SEC is not completely inept at their job and it is common knowledge this exists. Problem is the SEC goes after the easy battles to show a measure of force to those treading to far.
As I have said before, DBMM fought because they were in a position to do so.
And which companies would these be?
When you are looking for buys you want them to look bad, creditors are far more willing to take what they can get.
Obviously yes it was a shell.
I think some are hung up on the classic definition of shell company. As everything business, financial and political the waters have been severely muddied. They definitely tread in grey and black waters on the OTC markets.
I really don't want to type 20 plus years of RTG, DBMM and Digital Clarity business dealing, filings etc. In 8 years it would be obvious to a trained eye what has occurred, is occurring and the most probable reason for saving DBMM. Not the least of which would be, with litigation, SEC filings and other issues behind them or at least manageable they are a reasonable candidate for merger or buyout. Not because DBMM has any value but I would assume Digital Clarity has something in the works.
FYI shell companies can be created but are often born out of failing or failed public companies. Even though RTG and DBMM have a tremulous past there is value in a 20 plus year public company from a business stand point. They've been acquired in the past to quickly bring a private asset public through way of a shell proxy.
I will admit generally novice investors don't profit from the exchange but that is because they buy high, stay too long or leave to early.
Qoute: "they cant make a single penny in 18 years. Too funny. Useless bunch and they always will be".
I would think a company that can stay afloat for 18 years without making a profit is more akin to turning water into wine than a failure. Lol
DBMM is no unicorn and these spats with the SEC happen daily. Difference is many companies cannot defend themselves or in many cases should not. DBMM recognized that due to the situation they had a legally defendable position as many others have had prior, I am certain. By no means does this make DBMM more viable but these stocks are not traded on reality.
I seriously hope nobody believes DBMM or it's predecessor namesake made no money. It's kind of like believing our government pays 10k for a hammer or toilet seat.
With a public company once funds are dispersed into the private world they are no longer accounted for, i.e. consultation fees, marketing, joint ventures dissolved, leases, etc.
Everywhere but here apparently it is well known creating a public company is a means of finance, not a gesture of good will to investors. It simply allows a company to receive capital without ever opening the door...
Banks and lenders require collateral, favorable P&L, historical records.
"Investors" require smoke and a ceremonial a$$ to blow it into, end of story...
I agree. Very competent. Litigation can be like chess and this definitely looks like could be a checkmate...
Maranda is SMART and a WINNER...
Agreed. I think it puts pressure on to wrap this up. Guess we'll see.
I am sure there is a point with the copy and paste of something about every pink sheet in history has done.
Interesting. Another never going to happen happened. Guess well see if anything else never happening now...
Yes but I have asked for supporting links multitudes of times with nothing but crickets in response. Sorry I have whiskey to drink and cigars to smoke. Anyone who wants to do some DBMM DD, please do so. Take care my friend!
DBMM was created like all other offerings, to raise capital. Like a lot of OTC companies it spends far more than it raises. Could it be viable with an influx of capital, possibly. Problem being Digital Clarity the primary asset, is private and share holders have no access to information.
As for millions, I think everyone could use more millions. I highly doubt I will hang around that long though. Just depends on the action.