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Re: Jetmek_03052 post# 278100

Tuesday, 01/10/2023 11:56:57 AM

Tuesday, January 10, 2023 11:56:57 AM

Post# of 347929
It is very difficult to definitively prove naked shorting but there are a few indicators it is likely.
I never bothered looking in DBMM because it didn't matter to me. But if anyone has data from before DBMM stopped trading, when it was trading abnormally high volumes, they can look at the utilization percentage. If DBMM was at 100% utilization and the number of shorts was increasing, that is a good indicator of possible naked shorting.

Buyouts and mergers are different animals. If DBMM was bought out, it would likely be because they had something a competitor wanted. Maybe a client list or binding agreement with another company that only way to get it was purchase DBMM. Obviously, those are very unlikely scenarios. A private company merging with DBMM, would be far more likely and would make far more sense in regards to why DBMM was worth saving.
Admittedly, anything regarding buyout or merger is pure conjecture.

As for NASDAQ dreams, that is the same as OTCQB. If they meet the requirements, they are let in. Plenty of tickers that should be OTC on NASDAQ, saved by perpetual reverse splits. If DBMM can gain enough momentum here, I suppose it could be possible. All hinges on them following through with promises, which is new territory for DBMM.
Has been doing far better in recent years I will say...