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Friday, February 02, 2024 1:16:21 PM
I'm not sure if DBMM is required to offer up an 8k about this acquisition. I'm inclined to believe they are not. It isn't a "material event" as such. But they can publish an 8K about ANY news they deem worthy. I hope they DO give more info out. I won't hold my breath though.
Here are the things I'm interested in knowing:
What is "Major" in their estimation? I'm almost CERTAIN that DBMM will not be forthcoming with the name of this new client - all this Non Disclosure BS will be cited, I'm sure. So, we will never know if it's truly a "Major" anything.
How do we not know that they are simply announcing the new client that has already been cited in the 10Q as the new source of revenue for the U.S.?
I'd want to know how MUCH revenue DBMM is anticipating. But of course, DBMM NEVER divulges names of companies that are current clients, nor how much they are taking in from them. Those PESKY Non-disclosure agreements strike again. VERY convenient.
In short, we will have to wait to see how much revenue this adds until the next 10Q is published. Until that time, we can expect to hear Poo prattle on about yet another "win" (that we really know NOTHING about).
But again, I hope it is a "major" client and I hope it adds value enough to bring this share price up for the shareholders.
I have my doubts but time will tell.
![Bearish](/static/images/ih2-bear.png)
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
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