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Posts | 14079 |
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Alias Born | 01/11/2004 |
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Friday, April 09, 2021 8:46:38 AM
This short position narrative is a GIANT FANTASY, told to garner interest in a stock that is a hopeless investment!
In the end, the only thing being heard here will be a GIANT SPLATT as this collapses after a sanction order by the Board.
But maybe it won’t matter.
The Board will certainly take many, many months to come to a decision here. Possibly years. DBMM runs a good chance of going bankrupt in that time period.
Being STUCK in the expert market means no new shares. No new shares means borrowing more money to take care of operational and debt costs (over $1M of debt coming due THIS YEAR!).
Where is DBMM going to get all this new cash they need?
We KNOW they can’t use shares (like they NORMALLY would).
This wonderful $3M in new financing being talked about (for the last FIVE YEARS by the way and probably is a fantasy anyways) is supposedly being withheld - they are waiting to see if it will be revoked!
Maybe Linda (Harvard grad extraordinaire) can find another Asher to get a loan from. We know how “Mahvelously” that worked out last time!
Sell your shares while it’s possible.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
Recent DBMM News
- 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
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM