Sunday, June 19, 2022 11:32:34 AM
The reference to “scammy“ companies who issue shares without shareholder votes in certain situations,that would be the majority of companies on all the exchanges, including the NYSE, including Amazon, Facebook, Google , Citicorp, Chevron and AT&T. Literally tens of thousand of US companies . Here are important facts:
-A Company’s rights and responsibilities are outlined in its Articles of Incorporation and By-Laws and must follow legal requirements in Corporate and Securities laws.
-Any specific share issuance action must follow regulations , and there are hundreds of laws with approval required from the SEC and FINRA. Just like the 15c2-11 in process by a broker application to FINRA, in order to resume trading.
-All share issuances are audited annually, and the number of OS stated quarterly.
-DBMM has issued less than 5% of its OS since mid-2016. That is over the previous seven years to date.
-CD’s not used as financing vehicle since 2015 and will not be utilized in future .
-Shareholders in any Company who are supportive pride themselves on their knowledge through filings like 10-Ks and 10-Q’s, acquisition filings, and the myriad of required filings for public companies.
-DBMM Management accrues compensation on the balance sheet.
-Long-term investors often do not trade and take their upside in valuation increases and increases in price per share in Company’s Exit strategy. That allows traders to take upside while OS balanced as the Company grows and/or acquired another .
-Creative financing has improved since the 1950’s . Digital industry often has no revenues and no profits as cashflows into growing business until a TBD point—and variations on the model.
-Watch the Company when CE drops and read the filings. IMO, will be quite a ride!
Happy Father’s Day to all shareholders!
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
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
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