DSS Inc (DSS)

[justlooking7777777]

"It's just insane how the rich make their money."

We agree whole-heartedly, but all the foot-stomping and screaming won't stop the greed, lack of morals, disloyalty, and all the other wonderful attributes that accompany closed-door negotiations.

DSS has pulled it off to this point, another capital raise, this time $24 million. At some point, shareholders/investors have to make a decision of whether to segregate admiration and respect from the stink and hold for selfish monetary gains. It certainly wouldn't be setting a precedent.

In the market, most of the time it comes down to P&L, no matter how many bodies you have to step over...a shame really, good luck changing it.

With this raise, we assume that the completion of owning 51% of SHRG is not far off. Don't forget, SHRG had NE of $1.85MM and a C&CE balance of over $10.MM last quarter.

Our proprietary modeling projects, with the above assumptions + others (we still think Chan's crypto business is close to being monetized), estimate an internal target price of $14.50 by the 4th quarter of 2021.

For now, we're gonna continue to hold our nose and maintain our long position.

This is our opinion, go get your own.