Digital Brand Media and Marketing Group Inc (DBMM)

[Gatsby]

Nothing new here except we are testing the low of the current trading zone. Maybe time for a new swing trade for retail.
Lack of volume isn't supportive and spread is often quite large.
So not sure worth playing it this time.

Regarding your NSS estimate, why not use 0 to 5B range because such a large range is simply to big to make sense anyway.
As I stated in the past, a common error has been to add shares before and after reverse split to make such assumption.
In order to have 7B nss, you need an assumption that quite any trade is a naked short trade. In other terms that there is stricly no trading activity : only people selling short and people buying and keeping the shares.
It means that as per today, you estimate that the count of all shares held by shareholders is at least 7B. Yes 7B shares held with no one selling.
I would love to understand who are these shareholders.

naked shorting usually is used for a short period of time : selling shares in advance, before getting them i.e by a toxic debt conversion.
If some groups were able to naked short 7B for years, I do not see how they would not just continue for ever if needed. Especially with a Company that has so small revenue and huge debts.

To make it short :
- for me it's a trading stock at the moment.
- all the hate and frustration here is insane and bring nothing, except entertainment.
- the last PR from the Company are more about the trading gossip than the business itself.
- as stated in the past, what will determine next move is the ability of DBMM to get new clients and increase dramatically the income.
- Next FS will determine the future of the Company and my opinion about its business.

GLTA