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Are all Domark investors idiots? The company's retail web site is up for all to see (simbdadeals.ca) which has 150 major retailers and most of the Canadian press signed up promoting it. investors who sell deserve to lose the rise of 1000%- 10,000% to come. this is the new Groupon!
when the loan note shorts are all gone depressing the stock to suit their conversions at low prices it will be back at 1 cent plus easy with a market cap of $5m. that's a 400% upside on the present price. should be 5 cents by the year end.
The note holder shorts the stock ahead of his option to convert his loan into stock so getting more stock at a lower price. Once these shorts are out of the way the stock should rise.
The Licensor is a European software house so makes sense for it to throw in its lot with Domark's media skills to market its product, or for Domark to buy it depending on sales results.
The stock is being held down deliberately by loan note holders waiting to convert at lowest possible price any time now. when converted the stock will leap. someone is making a killing here.
The $300,000 licensing payment is a capital payment, not from P&L.
The company's overheads are approx. $600k a year, not $1m a quarter. Site operations are covered by Monetizer101 who split net revenue with Domark. The media owners now signed with Domark provide an audience of 14million in Canada alone.
If 1% of 1% of that audience make an average purchase daily then Domark makes net net well over $1million yearly. As Simbadeals expand across US the net to Domark will be over $10m a year. Simbadeals is a no brainer for media owners. At no set up cost other than self promotion they get a whole new revenue stream they split with Domark. In the UK the Daily Mail makes $160million yearly clear net profit from their online shopping site with 3% of their online shoppers making an average purchase of $100. If Simbadeals does the same in North America its annual profits would be $30million a year plus and its market cap on 20.0 PE would be $600million or £1 a share plus.
media news has it Monetizer101 has signed a major Nth American partner. this is where Domark's action is. could be a new groupon.
The Smartlink and Zaktek products were being demonstrated on the Silicon Image stand at CES for anyone to see. What the company now wants is some good orders. My view is that although the company has got interests in several interesting products as shown on its web site they need much better marketing. If only one takes off in size the past is soon forgotten.
the products are on Domark's web site. the market for phone charhgers is huge. Smartlink can be big for gamers who pay $$$'s for games add-ons. They can make Domark a fortune when ready for sale. Domark will screw its shorts come January!!!!
yup, I reckon someone sold the stock short only to pick it all up cheap before some good news arrived. if so they made 300% prfot these last two days!
All companies outsource nowadays. The company has said often it uses third party distributors to move its products which is why its own margin is only $12 out of a $59 sale price. In effect Domark sells to no-one but a few distributors who receive goods directly from the manufacturer.
The company can only record sales of its wholly owned products of which the IR charger is the only one and its new launch was delayed to update it. The other products are in companies in which Domark is partially invested and so sales cannot be recorded in Domark's own accounts. These products are all yet due to enter the market.
This is standard stuff if there is even the smallest error.
If there was anything serious the SEC would suspend the shares.
The Company claim the accounts will very soon be re-filed correctly.
Domark's price looks as if its being shorted. Let them come and we can pick up stock at low prices that will be far higher by end of year with great news to come out. this company is in the right place at the right time and these day traders who play with the stock will get caught out soonenough.
Domark management has done a great job bringing in exciting mobile deals for very little cash outlay. Sales of the products they have invested in could easily reach the multi millions over the nexy year. The current price of 7 cnts is a gift, down from 14, it could be 10times that in six months.
Virtually all of what you posted has now been dealt with. The reason for issue of incentive shares is for execs to find good deals to profit from. What will come to Domark soon will put the past way behind in its upside. This is a new company with new ideas. Shorts beware.
Nobody gets it. The shorts who play with Domark will get burned. It has made new investments and is on a new course. Sellers are welcome as this low price will not last long. Watch this space. This will be a $50m company by Xmas and $200m in 2014.
the real honey in the jam pot is not just the new IR case but the new investment in Imagic. This product is a world beater. see what happens when details are announced. the stock will take off.
these accounts now show the company cleaned up. the past losses can be traded or sold to set against profits made and so have value.
Plenty of bars in Toronto.why not?