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Thursday, October 12, 2023 11:42:54 AM
Absolutely wrong. There are THOUSANDS upon THOUSANDS of scam companies in operation, that the SEC can do nothing about. And I believe DBMM is one of them.
As long as a company keeps within the SEC's rules, they can offer stock to the public. Many companies set up this way make millions off an unaware investing public. They keep within the rules and promise the world. Can THEY help it if unforeseen circumstances and bad luck foil their plans? Nope! Nothing worked out and EVERYONE was AGAINST THEM. They had BASHERS! The stock price was MANIPULATED!
But they just ask for more time. In that time, they promise acquisitions, mergers, upgrades....all those tasty little carrots are put out for the munching.
But when the 10K comes out at the end of the year? Another loss is shown, the share base is usually higher (more dilution), there is usually more DEBT and - if the savvy investor looks back at the LAST 10K? None of the fantastic goals that were set in last year's 10K will have been met. None the less, the company sets MORE goals and promises they will be seen in the coming year.
Except they never are seen. Wash, rinse, repeat. Year after year.
Sound like any company we know???
LOL!
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) • 07/15/2024 08:30:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/15/2024 08:54:16 PM
- 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
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM