Demand Brands Inc. (DMAN)

[Davidcouldbe]

BigC
@BigCFinancial
·
23h
$DMAN
@DemandBrands
is the insider buyer window closed or another reason insiders aren't taking advantage of a $5.5MM MC cannabis Co w/ $28MM+$8.5MM (new) revs...? Trading at 0.15 P/s. Peers are trading at 5, 10, 20X P/s.
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Read above on Twitter .
There is no $ 28 mm in revenues I saw in financial filings last week. This is a startup with very good past management . Very good contracts new and future brite. There is no new $ 8.5 mm revenues , that is a projection only with 50/50 profits to be shared and equal investment into the infrastructure

Once again like with Lucky Chief their news releases from Dec 2021 was not accurate and shareholders yes should be upset . Look at their statement Dec forward they are on a run rate of $ 25 million for year ? Look at their statements various where they ENGAGED PCAOB AUDITORs. They used work engaged loosely for now they say they never FORMALLY engaged a PCAOB firm, but engaged in conversation . If this is how the are working things and playing with words very scary .

But this could be Peter Erdekian and Tom Coleman and past management guiding them as such .

When reading the financials tell me accurately what you see ?

But on a positive note this new Company seems to be going on the correct direction and the stock price current seems to be reflective of where the Company is to date

As additional milestones are met and with proper ir pr the stock price should appreciate for it does seem low price current for sure