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Definitely been a long wait.
I have not run out of patience. I have no choice but to watch as everyone one else. As has been mentioned, opinions do not matter.
We will see. Still very very green, just want to see more aggression out of management, such GTII.
Accurate. Reason we have the securities act.
But we also had a constitution and we see where that's going.
That is a lot of red. I thought we were looking for green here lol.
I am out. Take care. Monday should be interesting.
I agree with this. Uplist will create the volume. PR will create the sentiment.
Incentive is definitely present.
Unfortunately.
In order to do what these criminals do, they have to put up around 50 million minimum. That just keeps all retail and many family offices honest.
Thank you SEC for the protection...
We will see.
Would be a great for all here if this thesis is correct.
Kramer going down is well deserved.
Wouldn't hold my breath for a bailout, though. These markets are mostly retail. SEC can give a damn about retail.
In trading, when there are runners, immediately all possible associated plays, yet to run become the subject of FOMO.
That creates volume, as well as pressure on brokers. This is good for price action.
This I can accept.
"I was hoping for some NSS support but I also support this approach."
Here maybe read again with better comprehension what was actually said...
"In fact, not sure it was debated whether or not Kramers or their many companies are criminals."
Well I can agree with the more buying part here. That's the only way volume can get a squeeze to happen.
Guess we'll see what comes of it.
As for trust. DBMM has earned my admiration for changing their game thus far. Trust comes with follow through.
Ok I am listening. Again, exactly what is at stake by making it known that DBMM is going after naked shorting?
That revelation along with a plan would help buying pressure, not hurt it. Schwab is a great step in the right direction, absolutely. Volume is the key.
Please, for the millions of investors following DBMM here, explain Linda's chess move by not announcing going after naked shorting.
Because it seemed to work well for every single other company that announced going after naked shorting. Hell, they even announced a round table, to discuss publicly, exactly what options there were to go after the shorting!
So please enlighten the masses on the new thesis.
Asking for a friend...
If someone is naked shorting, exactly what options can be planned for? Cover or add margin are the only two strategies available.
Nothing to lose by revealing a plan. Besides I thought going after the naked shorts plan was revealed years ago. Nice to see a plan to see it through to fruition before another 5 years goes by is all I am saying.
Pretty sure doesn't matter how many times this colorful information is posted. In fact, not sure it was debated whether or not Kramers or their many companies are criminals.
It is open for debate if everyone involved will be made whole, let alone profit. Obviously, I hope this occurs. I could care less if DBMM, Digital Clarity, Reggie or Linda win. I equally could care less if the Kramers lose.
All I care about is share price and volume. Anyone staying to see DBMM do big things and go places, can have my shares once I get volume and anything over .2 SP.
Possible. But unlike other financial crisis, if to much financial pressure is put on these markets, there will be no bailout coming.
Every straw has it's breaking point.
Big numbers only work if the ability to produce those numbers exists.
Obviously, I would be happy if you are right about .5 at least. Guess we will see.
This is the only common sense possibility I came up with as well. Good deductive reasoning Sir.
This would be an inaccurate assumption on Linda's part if true though. OTCM is a self-regulated entity. They create the regulations and SEC approves them. So if they meet the criteria of the rules, OTCM is powerless to block the uplist. Could possibly delay it, but couldn't deny DBMM uplist completely.
Where I agree, it's possible that OTCM could have requested DBMM not release any incendiary PR prior to uplist. A case could also be made that a PR release after uplist about attacking naked shorting could generate more catalyst in a one, two punch scenario. Possibly waiting till there is more oxygen in the room, could be argued as well. Lot of big naked short plays right now. Little old DBMM could be overshadowed by that.
Really more disappointed by the lack luster PR relating 99% to DC. Even if Digital Clarity can grow from here, without a huge contract or merge, it's hardly parabolic news. Plus, good Lord, Reggie is boring!
Still bullish on DBMM. Just bored'ish on Reggie and other management.
Finally something common sense I can agree with. Fraud is a fraud.
Everything else said is BS. Unless we assume, literally, every other company with suspicion or proof of naked shorting, has telegraphed the intent to expose publicly, is in error...
FYI, the mere act of naked shorting makes exposure irrelevant. They have to cover no matter what. There is no plan they can make to circumvent this if they have prior knowledge of exposure, except cover.
I am bullish on DBMM, not on inaccurate information...
LMAO
Well currently correct at least. My problem is, if there was ever a reason to believe naked shorts existed in DBMM, why would you not make that information known?
Especially when every company in OTC has apparently been naked for the last several decades all of the sudden.
I mean, I might of hinted to this in the interview or the update. Could have even used a Joe Dirt catch phrase reference, if code was necessary for some reason. Instead, got 30 minutes of what Digital Clarity wants to be when it grows up. I get DBMM is linked to DC, but right now who gives AF about what DC is planning for the next 20 years????
I was reading an update regarding Digital Clarity and how they plan to compete with thousands of other companies in this space. Nice speech. Almost word for word what was said in the YouTube PR. I mean, I hope it works out for Digital Clarity and Reggie.
Maybe in another month he can address DBMM...
Yes Poo you are correct. I forgot they dropped it from 85k to 65k.
Sorry it's been awhile since I read it. I appreciate you correcting the error.
It could be a possibility. I just saw this investors update. Sure looking like part of that 85k settlement with Asher was washing out any shorts on the grey market...
I am happy DC is doing better now that DBMM got a little cash influx.
But this is the most ridiculous update they could have possibly put out.
In fact, they could have just skipped this and said watch the YouTube video I just did.
Exactly how Reggie is going to convince companies to take control and seize opportunities, when they refuse to seize their own, I have know idea.
As stated, no sympathy for either.
This is true. I view toxic lending the same. Doesn't matter if it's a pay day loan, title loan or company shares.
There is no gun to Linda or anyone elses head. The supposed victim is begging for any lifeline. I get it, business is survival of the fittest, just like humanity. Everything thing has a couple agonal breathes before it's over.
I do however believe, the Asher case was ultimately settled on June 18 2018, because it had come to light exactly how they were skating on thin ice, legally, with their loan practices in other lawsuit regarding Asher. Just by reading the files. If there is any credibility to the naked shorting narrative, this is where I found it.
This is pure conjecture on my part, but it is conceivable Kramer arranged to naked short DBMM into oblivion due to the default. Vindictive, yes, but hardly out of character for the likes of Kramer. I also think he was not surprised by the revocation and accepted the settlement because of the assumption DBMM was finished. Besides, if this thesis is valid, Kramer would have made far more than the debt by now, so why not cut ties.
Again not an excuse for horrible corporate management. Definitely not any sympathy for either parties here.
Kramer is not the only individual out here doing this. But naked shorting is not always involved. Generally, these toxic lenders, make all kinds of promises about converting the debt but ultimately tank the company, receiving triple of the loan value and disappear. But occasionally, get greedy and short on the way to it's demise. Illiquid tickers have little to no shares available to short, so they make up some. Knowing the company is going to zero and can't defend itself.
Agreed. This market is speculative for a reason. Things change and sometimes rapidly. If we're lucky, it's for the better.
I really can't see DBMM not playing into this naked short catalyst thats running around.
Frankly, it is not relevant if they have been or not. I have already seen some tickers lumped into this current hype in the markets, are strictly on a watch list because it met criteria for the possibility of a naked short.
I expect we hear something sooner than later. What happens from there is questionable but should see more volume with an uplist.
That is all accurate and straight from recent events in others stocks that have run using the same tactics. I think the largest problem is those companies had decent fundamentals so options were on the table. DBMM has been in the red for so long, options are limited.
Apparently as much as "traders" know about trading...
Um yep. Been mentioned before but thanks for keeping the truth alive.
To be fair this is a DBMM board. Not much reason to take notice of all the other tickers running on the naked short narrative, while DBMM is not.
I do expect PR to come out soon from DBMM because they don't want to be late to the game. These are not all naked shorting. There are a couple that had high short interest and very small floats. Once reddit crew took notice they could easily cause a pump that forces short liquidation.
Brought to you by the same people who brought you, " ONLY shareholders are credible! " .
Truth and facts are slippery slopes. They help one narrative and kill another. Yet can flip 180° on the narrative without a moments notice.
DBMM has positive catalysts in play, but truth, and facts are your checks and balances to narratives. Both bulls and bears have them in there favor right now.
This is an exciting time for bullish and bearish narratives in DBMM. Depending on what comes next, this ticker can run up or down.
Place your bets...
The thing that constantly eludes the bullish crowd, is 99% of public company information is doctored in one form or another. DBMM is no different. In fact, the reason there is an OTC market in the first place is these companies don't have the ability to trade in a traditional market.
Part of that inability is transparency.
Very good question. But as with the date they actually filed the application that is all in question. I believe they likely do, only because I doubt DBMM would bother posting the Dec 28th PR if not.
True. But I think it will open up the volume a bit, which DBMM needs desperately.
Actually agree with the stocktwit guru, that news will likely hit strategically afterwards.
Not possible to prove. Even if over 5% you can use a proxy. You can show someone or something owns shares by subpoena but unless the companies trading desk is willing to publish shareholders personal data, no way to know definitively.
Yes I read that as well as everyone else I'm sure. My question was about the timeline not the fact they talked to OTCM. Anyone can read the listing requirements from OTCM and see DBMM meets them. Time starts from application submission. Hopefully they submitted it shortly after the PR in December.
I can see thst as a reasonable estimate. I wish the management would have said when they processed the application and updates on progress. Would go a long way to keep confidence.
I don't think I posted it but I am not the only one using this. I honestly just saw the Dec. 28th press release had mentioned this but nothing regarding the exact date of application.
"Next step, The Company intends to apply to Up-list from PINK CURRENT to OTCQB. Building on the OTCM review in order to remove the CE, the Company wishes to leverage the association as a Member of OTCM."
Oh ok where did you find a copy of the application at?