Friday, December 09, 2016 4:04:56 AM
As for dilution, DCLT has numerous toxic convertible debt and preferred shares ~OUTT, and has announced a crushing 1 for 30 reverse split with no parallel 30-fold reduction in the AS. That can mean only ONE thing: headroom for MASSIVE DILUTION coming. There is no other reason nott to reduce the AS by 30x in parallel unless the company intends to dilute.
DCLT peaked in 2013. Since then there is nothing here for anyone to invest in. It's a money-losing dead-end business with a terrible CEO who couldn't make money if he was given the US Mint, ink, and paper.
HTH. There is simply no reason to 'invest' in a company that has no realistic prospect of ever making a profit.
Unless the goal is to get a capital loss for a taxable income reduction.
Recent DCLT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 01:00:46 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 01:15:17 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
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North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM