DoMark International Inc. (fka DOMK)

[ajraffles]

I know I've been getting some slack for my "negativity" around this company, but they are bankrupt.

Could this stock make money?
Maybe. If they were to get an injection of cash. They did after all spend $10M on a website that is clearly not making a sustainable amount of money.

Did they buy rights to a system they could have just built themselves? Clearly yes.

Does the CEO have no business running this business? Probably.

Will there be light at the end of the DOMARK tunnel? Doubtful.

Why? Because they're so far down a deep hole they're better off declaring bankruptcy and starting again with whatever money they can muster up.

Is this stock worth the risk?

If you have a couple grand to put on it...sure...why not. If they actually settle up their finances and figure out a way to make money from their site, then the stock could be worth a few bucks and you'll be happily retired on an island somewhere.

I'm curious to see how this one pans out in the new year.