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Friday, January 17, 2020 10:28:42 AM
I think some are hung up on the classic definition of shell company. As everything business, financial and political the waters have been severely muddied. They definitely tread in grey and black waters on the OTC markets.
I really don't want to type 20 plus years of RTG, DBMM and Digital Clarity business dealing, filings etc. In 8 years it would be obvious to a trained eye what has occurred, is occurring and the most probable reason for saving DBMM. Not the least of which would be, with litigation, SEC filings and other issues behind them or at least manageable they are a reasonable candidate for merger or buyout. Not because DBMM has any value but I would assume Digital Clarity has something in the works.
FYI shell companies can be created but are often born out of failing or failed public companies. Even though RTG and DBMM have a tremulous past there is value in a 20 plus year public company from a business stand point. They've been acquired in the past to quickly bring a private asset public through way of a shell proxy.
I will admit generally novice investors don't profit from the exchange but that is because they buy high, stay too long or leave to early.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:30:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/15/2024 08:54:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
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