InvestorsHub Logo
Followers 9
Posts 540
Boards Moderated 0
Alias Born 09/07/2019

Re: None

Friday, 11/15/2019 8:54:47 AM

Friday, November 15, 2019 8:54:47 AM

Post# of 353469
Honestly at the end of the day, OTC plays are all about MOMO. That's why you see companies with tons of debt suddenly run up in sp and why you might see companies that actually have a product doing so sht.

Does DBMM have debt. Yes it does. 99% of companies here on the OTC have debt.

Does the share structure allow for DBMM to run to a price of 30-40 cents given its current revenue. Probably not if this was trading normally. I mean that would put this at a market cap of 225 million (roughly taking 750 mil shares and multiplying it by 0.30)


But this isn't trading normally. It just won a dismissal and what the company has is a ton of Momo going for it right now. Keep in mind company is also a PR type of company so I expect lots of news going forward which will add to the Momo. This could potentially blow right through dimeland.

In short, I believe SP will rise BUT always have an exit plan in mind. The company stated they do have a possible 3 mil capital stream (it is non binding and the investor has a right to refusal). If this could be used to pay off the convertible notes then SP will go to crazy numbers but if not, then obviously there will be dumping along the way.

Tons and tons of Momo still to come is why I'm holding but I do have an exit plan in mind should things start to go a certain way.

All imho