Ok so tell me guys, how does a company who's stock price is a penny, is begging for more shares and has its only asset a promissory note for $1 million have any business at all acquiring another company? That makes no sense at all. I agree with activating the deals they have in the works and growing revenues. But how does acquiring another company contribute to that? Yes CTC has iron ore sales and such but has anyone even looked at any debt thay have? That will be acquired too. Why would CTC even entertain the idea?
We all know that the only way DDCC can even contemplate acquiring another company is to issue more shares. They are maxed out and need the limit on their credit card raised. I for one will not acquiesce to such nonsense. We all know that its gonna happen because management gave back their shares so that their asset values would not be cut in half the way ours will be. They knew they were gonna ask for more shares months ago. Its funny that things just seem to be coming together right when they need a credit limit increase. Its like the kid who suddenly starts cleaning his room because he wants to use the car.
And finally, as for scouting out profits I can only say "What profits?" There are no profits with DDCC. Oh yeah those will come down the road. A year? 5 years? 10 years? Never? DDCC is an exploration stage company, which means they may mkae it and they may not. Time is the only thing that will tell, not the ludicrous "they can't do anything wrong" attitude so often displayed here.
AI
