Demand Brands Inc. (DMAN)

[Amac1001]

Good grief people don’t you get it?? Did you really expect robust revenues?
The story of this 10q is the Balance Sheet. Look at 6/30 and 9/30. Totally different company now. 6/30 is non cash value of film assets. They sold all that. Now $500k cash, $400k trademarked intellectual property and $120k of equipment and property vs $120k or so of liabilities.
They’ve pivoted the business to start production.
Book equity of $1.2m vs market cap of $1.8m.
Please show me an OTC stock with greater Cash less Debt (500 - 120) of $380k. This is the starting point now. Did you really expect seeing tons of product sales??? Naive understanding if so. Share price would be 10x higher if so.

They can now use cash to fund inventory not toxic debt. Well positioned to start forward.