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.
Geez. Things must be getting desperate at DBMM. Imagine devoting almost an entire company update to dissuade people from believing posts on a stock discussion board.
There’s no DOUBT that the filings have exposed a giant red flag. The filings have stated exact amounts that have been assigned as accrued salary to both Reggie James and Linda Perry.
The accrued salaries outlined in the flings (in Item 8 of the latest 10Q) are supposedly assigned to “directors” of the company.
Poo has posted that the two are not associated. She has intimated that the accrued salary assigned to “directors” are associated with earlier times in the company.
There’s a problem with this. It cannot be BOTH. If these accrued salaries outlined in Item 8 of the latest 10Q (and audited 10K) are assigned to “earlier directors”?? Then why are there no separate references to the accrued salary specifically outlined to both Reggie and Linda in every 10K??
If there ARE earlier accrued salaries to other “directors” AND accrued salaries to both Reggie and Linda? Then they would total upwards of $5M-$6M dollars in total! Why is there no reference to them?
No Poo. That dog just won’t hunt! It’s OBVIOUS that the “accrued salaries” mention in Item 8 in the recent 10Q are salaries given to Linda and Reggie. And it is JUST as obvious that the accrued salary figures listed in that 10Q do NOT add up to the accrued salary figures in each yearly 10K given to both Linda and Reggie.
You better figure it out before the SEC does.
VWAP - 00145
THAT’S why the end of day price doesn’t matter!
500K shares bought with a few minutes left in the trading day….just like normal for this POS.
Pablo Picasso strikes yet again!
Let’s face it. You are being completely ridiculous.
The accrued salary is for Linda Perry and Reggie James. There’s been NO OTHER director or executive named as receiving accrued or paid salary for YEARS! Ever since Digital Clarity was acquired in 2011 (and yes it WAS 2011 when DBMM acquired ONE HUNDRED PERCENT of Digital Clarity. It CLEARLY STATES EXACTLY THAT in the 2011 10K!), there’s been NO OTHER EXECUTIVES. Do you need me to go back into the filings and show exactly when Neil Grey finally left the company?
Quit telling Tall Tales Poo.
The BS is starting to accumulate up over the ankles and it’s getting tough to walk through - much less believe.
Completely idiotic post.
The FACTS are plain. The accrued salary figures were taken from audited public financial documents. The accrued salary figures were given to the same NAMED directors/executives of the company that PRESENTLY EXIST. NO one else was named.
It’s laughable and so like you to try to confuse the issue by mentioning “consultants” from DBMM “early days”! Who do you think you’re fooling with that nonsense??! Plainly, no one! That has ZERO to do with accrued salaries given to the two present directors of DBMM! ZERO!
“Derecognition of liabilities”?? From the closing of that shell? What kind of BS are you trying to pull?? That has ZERO to do with accrued salaries paid to the two existing directors/executives of DBMM!
Get OFF IT! You know everything that you said in that post is a pure smoke screen.
Let’s just see if the SEC thinks it’s important.
Boeing will get through this. Just a matter of time.
Is it an attack or “bash” against poor little DBMM, when a poster points out verifiable discrepancies of millions of dollars, using the actual numbers stated in years of legally published financial documents - that have ALL supposedly been audited and certified by SEC recognized auditors??
Nope. That’s simply called exposing graft and cheaters.
I plan on sending those figures to the SEC. They may even be interested in them.
Who knows what may happen.
Yes, I saw that. Only makes sense, since the case was swapped back over to Gilstrap.
Volume was definitely way lower than the daily average.
“Terminate deadlines and Hearings”?
New file drop in the 293 case!
Noting to download at this time.
Many “Newbies” might have waited to buy until after the split - considering that NVDA’s past stock price movement went down after a split occurred.
The stock did get down into the mid to high 90’s. Perhaps they waited until then to buy and are now realizing a gain.
Case 2:22-cv-00293-JRG Document 791 Filed 09/19/24
Pretrial Scheduled for Oct 8th on the 293 case!
https://storage.courtlistener.com/recap/gov.uscourts.txed.216364/gov.uscourts.txed.216364.791.0.pdf
Wow! 293 reassigned BACK to Gilstrap!
https://storage.courtlistener.com/recap/gov.uscourts.txed.216364/gov.uscourts.txed.216364.790.0.pdf
Amazing how quiet the board becomes on NVDA "up" days, eh?
A beautiful thing.
My digging into the salaries given to DBMM's two executives have opened up some interesting questions about the present "accrued compensation" numbers listed in the more recent published financials!
Something just doesn't add up!
Here is a link to the latest 10Q published:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1127475/000118518524000696/dbmm20240531_10q.htm
The present accrued compensation amounts are listed here:
There are almost TWICE the number of OTC companies you state!
https://www.otcmarkets.com/learn/market-101
No. Not creating "chaos".
I am providing truthful statements that show executives of this company getting paid hundreds of thousands of dollars a year, while the company continues to post losses every year. DBMM is the hole to the tune of over $18M dollars since inception.
The next time I see someone post "The people running the company are not even getting paid", I'll be sure to post the truthful facts that show they ARE INDEED getting PAID!
There are thousands upon thousands of scam companies (just like DBMM) who trade every day on the OTC. The SEC can only enforce the rules.
Let's say there was a company that said they were in the business of finding Mermaids! As long as that company kept their books properly, reported on time (if they chose to report) and abided by all the other rules the SEC said they had to abide by? The SEC would let them sell shares to investors. They could not prevent those that believe in Mermaids from investing their hard-earned money in that company!
Now. Is that a company a scam??? It sure as heck is! But there it is AGAIN. There's no law that prevents people from investing stupidly. DBMM investors know all about THAT.
Well, since I got a request to post the ACTUAL salary given (and accrued) to DBMM executives, I'll put it up!
There's a common misconception on this board that the people running DBMM are only accruing salary, not actually taking it.
That belief is INCORRECT. BOTH executives have received cash as salary. This is PROVEN by the numbers and statements in PUBLISHED FINANCIALS.
Reggie has taken the most PAID SALARY by FAR. OVER $1.5 MILLION dollars in paid salary.
I have all the numbers with links to the financials that PROVE it.
Does anyone here want to see the ACTUAL numbers by YEAR??? If so, I could EASILY copy and paste them right on this board!
Sure.
And don't forget Dave...
The Earth could get hit by an asteroid, Global warming might cause a shift in the ocean currents and tip the Earth onto a different axis, a new bird flu could infect all the continents and cause death, widespread panic and economic ruin.....all SORTS of bad things could happen.
Of course....then again....NONE of what you or I predict could happen.
People said that the U.S. was already in recession and that the entire economy would suffer, with a stock market collapse almost being a sure thing....in 2023! What ACTUALLY happened? Everything just kept humming along and market participants saw some of their best returns. 2024 has seen its ups and downs but my retirement portfolio is some 13% ahead of last year. And I'm in a very conservative model.
Yup. Bad things MIGHT happen.
Can we wait until they DO, to start moaning about it???
No Worries! Pablo Picasso will make an appearance with 5-10 minutes left in the trading day!
Not much doubt it will be painted up to the open (or near it), about 1-5 minutes before the close.
He does his research, and I admit that he does have some valid viewpoints. I also think he focuses too much on the negative. I think it's plain that he has been wrong in quite a few of his predictions, especially the ones he based on unsubstantiated rumors.
However - he has an opinion and the right to express it here, even though I disagree with much of what he posts.
I think that the Q3 report coming out in mid to late November will handily beat estimates again. But I doubt the price will increase much because there are unrealistic expectations for NVDA from institutional investors. They want to see NVDA CRUSH estimates. They will HANDILY beat them, but it won't be enough. So, I expect that the stock will at least remain flat. May even go down a bit. Probably will continue to wander around.
I think the Q4 report out at the end of this coming February will show a revenue spike from the beginnings of the Blackwell sales and the stock price will begin to bump up because of it.
I think the Q1 report coming out towards the end of next May will start the real rise of the NVDA stock price. Revenue from Blackwell sales will wow investors and the price will really start to strongly trend upwards.
Nothing "naive" about it. The answer is that it's obvious that Blackwell has NOT been priced into the stock price.
Has even a DOLLAR from Blackwell sales have been recorded yet? I don't believe so. When was Blackwell announced....March 18, 2024, correct? The price then was $88.46 (split adjusted). On 04/19 it was at $76.20 (split adjusted)....it was DOWN a month after the Blackwell announcement!
On 6/10/24 the stock split occurred, and the price was $120.88. I'll bet that any price appreciation to THAT point was caused by the anticipation leading up to the forward split - NOT Blackwell.
We have been down into the mid to high $90's but all price erosion was caused by unsubstantiated rumors about Blackwell issues, DOJ "investigations"....and all the rest of the hullabaloo created by "the sky is falling/it's the end of the world" crowd, represented here by you and others that have migrated to this board.
Currently, the price hovers around the split price. I believe that once Blackwell starts selling and the numbers come out...THAT is when Blackwell will be "figured into" the stock price of NVDA. The year after that, you can look forward to everyone in the industry thirsting after the Rubin chip!
Yup, NVDA will have down periods and up periods. I'll be invested throughout them. If there's a war, if there's a currency shakeup, if there's shipping strikes....jeez, there's a WHOLE LOT that can cause the market to go down. And I'm sure that NVDA will probably go in step with it. I'm not saying it won't go up and down. But discounting some sort of consequential event? NVDA will continue to go UP from here. If there IS some sort of consequential event? Yup. I'm sure NVDA will go down....along with just about every other stock.
Anyone here have any idea of what has been ACTUALLY PAID to Reggie James, since Digital Clarity was acquired by DBMM?
$1,577,530! That's with $141,928 unaccounted for in the salary notes located in the "Super 10K" published in 2017!
Reggie has been ACTUALLY PAID over $1.5M in ACTUAL SALARY, to run Digital Clarity.
Which LINDA PERRY has turned into a constant loser in DBMM financials!
Pretty nice little salary for Reggie James, eh?
Now we know why DBMM has to borrow all that money every quarter. A big part of it goes to pay Reggie his salary.
Totally disagree.
This is a consistent loser for shareholders. DBMM has NEVER posted a profit since inception, while actually paying its officers cash in the MILLIONS of dollars to run it.
Pretty dumb investment.
Here are the financial quarters for NVDA:
NVDA Quarters -
Q1 - 02/01 to 04/30, Reports Q mid to end of May
Q2 - 05/01 to 07/31, Reports Q mid to end of August
Q3 - 08/01 to 10/30, Reports Q mid to end of November
Q4 - 11/01 to 01/31, Reports Q mid to end of February
NVDA is apparently sticking by its prediction that Blackwell production should "ramp up" in the 4th Q - which begins in November.
Ha!
This statement does NOT tell the whole story:
Yes, I noticed the same thing.
Bashes one minute, calling the company an illegitimate POS. Pumps soon after a price decrease, calling it a great opportunity.
Typical penny player scam artist.
Yes. I wasn't accurate. I forgot about the $40M settlement and subsequent contract. But to be clear, that wasn't awarded by jury, in a court win. That was from a settlement out of court, between the litigants.
In court wins, NLST has been awarded almost 3/4's of a BILLION dollars, of which they have collected $0. So far anyways!
Hopefully the CAFC rulings change that.
I'm still hopeful.
ZERO
Case 2:22-cv-00293-RWS Document 780 Filed 09/09/24
https://storage.courtlistener.com/recap/gov.uscourts.txed.216364/gov.uscourts.txed.216364.780.0.pdf
Case 2:22-cv-00293-RWS Document 781 Filed 09/09/24
https://storage.courtlistener.com/recap/gov.uscourts.txed.216364/gov.uscourts.txed.216364.781.0.pdf
Case 2:22-cv-00293-RWS Document 783 Filed 09/09/24
https://storage.courtlistener.com/recap/gov.uscourts.txed.216364/gov.uscourts.txed.216364.783.0.pdf
Typical paint. 4 minutes from the end of the trading day!
Disgusting.
I'm not sure that Reggie would be any different.
I believe Linda has changed him. It looks as if he used to be a legitimate business person. But Linda has shown him that being a shyster in a penny company can be profitable. Promise the world, deliver nothing and get paid for doing it.
Yes. We've known for sometime who Poo is. With the wording and phrases used in that update? No one here should doubt it.
Ridiculous. There's not a single REAL investment professional that would EVER steer clients into an investment involving DBMM (or any other penny company).
These types of "investments" are done by penny players - dreamers who mostly lose every investment dollar put into penny POS companies like DBMM.
It's likely you will lose any money you have put into DBMM.