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.
Why aren't these people In jail. Wasn't there a slew of people who filed complaints with the SEC about them outright lying/misleading investors?
They have claimed those same revenue projections for the past 3 years now, which is why it's laughable because we haven't seen one dime of it on a balance sheet yet, but I'm really surprised the SEC didn't indict them for misleading and outright lying to investors after that reverse split snafu.
Why haven't they delisted this company and arrest the "CEO" yet. This stuff is not even laughable anymore.
From the update
"DBMM remains committed along with their long-term investors to work to qualify for NASDAQ by a combination of events driven by growth and acquisition."
http://www.dbmmgroup.com/shareholders-update-march-14-2022/
Do you have a template email we can use? Because I'll just copy/paste and send them out right now.
Oh... ok. Did you have anything else to contribute?
Anybody know of a reputable lawyer who specializes in this sort of thing?
I'm in.... Me and some other early investor's already filed complaints with the SEC a few weeks ago, and I was also following a guy on Twitter who was trying trying to start a class action lawsuit, but I haven't seen/heard of anything from him since. I'd written this investment off as a loss already. Plus whatever amount I lost on this play, I ended up making triple that in crypto, but i still held my position because I believed that there was still hope for this company if management could get it together long enough, but this r/s was just the last straw for me. I'm willing to shell out some cash just to see these people get financially ruined and hopefully go to jail! Because what they did WAS a crime. Deliberately misleading and outright lying to investors on numerous occasions on public platforms. At this point you can't call it anything but what it is.... a scheme to defraud investors. So if you're serious let's figure something out and make it happen because this is something that definitely cannot go unpunished.
They did a reverse split and immediately went radio silent after it was done.
Lose 90% due to a r/s? Too late. I been lost that since I invested in this damn company lol.
Seems like an interesting development in regards to the toxic lending. Let's see how this plays out going forward.
Because I could've sworn I read something somewhere where he explicitly stated that a reverse split was definitely not something he was even going to consider in his quest to uplist the stock.
I could be mistaking this for another company, but did the CEO say he wouldn't do a reverse split?
Unfortunately you were right about Bemax being a scam.
It's amazing to see how far this stock has come in just a short amount of time. It was definitely one of those rare finds. Congratulations to all the early investors who managed to hold onto all or a portion of your shares up to now.
I wanted to believe in this company, but it's been 3 years of what seems like poor management with slim to no marketing. I get it's a penny stock, but this appears to me like more of a side hustle then an actual business. I've yet to see any actual consistency from the people who are supposed to run this "business." I run my own business, so I can definitively say that their Investor/customer relations are horrible. There is so much potential here that isn't being properly utilized, and it's very unfortunate.
It's almost hard to believe this little beauty was trading under $0.60 cents a share not that long ago :)
I hope all of the FL investors are okay. I've been watching the news. Hope you were all able to make it out safe & sound.
Hey guys & gals, how was everyone's weekend? Out of curiosity, I'd like to know "realistically" where do some of you see the sp going by the end of December?
Thanks for the welcome, and congratulations to you for picking a winner. I should be thanking you, orangeman and, and retireat51 for the early DD which Is how this little gem came on my radar, causing me to investigate and invest. I said $200 because for a short while, almost immediately after the close, $800.00 was sitting on the Ask.....wish I would have taken a screenshot. But hey, my portfolio has increased in size, so drinks are on me regardless of sp. I look forward to meeting you guys at the next shareholder event one day.
Yes, it definitely is....companies like this one are extremely rare, so when I saw the opportunity I jumped in. When the price finally does jump to $200. Per share, drinks are on me for you and all the other early investors!
Been watching this board for a while now. Bought In when the price was @ 0.032 so you can imagine how happy I am to see the progress this little baby has made....especially with the share price ?? I know it's a little too soon to hope, but does anyone else see what I see on the ask? Is that a sign of things to come in the very near future??