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Monday, May 13, 2024 9:14:57 AM
All the evidence I needed was that there's a handful of EXTREMELY dedicated people who want this company to fail.
I think the handful of people are simply outlining the FACTS surrounding DBMM's "story" There are several FANTASIES surrounding DBMM and they keep getting repeated. They need to be exposed for what they are.
1. The fantasy surrounding some sort of "naked short" position in DBMM.
There are fantasies floating around, concerning a naked short position that supposedly started about what....10 YEARS ago (or even longer)? This in itself is absurd. The basic fact is that any short position (naked or otherwise) would have been exposed LONG AGO, had it existed. The shares have to reside SOMEWHERE. A brokerage would have had to report an unresolved short position to the Transfer Agent. The Transfer Agent would have reported a share discrepancy to DBMM long ago. The TA share count matches the Outstanding Share base total. Any brokerage overseas that trades on any American stock exchange has to abide by the rules of the SEC. The CE was dropped almost a YEAR AND A HALF AGO, allowing normal trading in DBMM. Any short position would have been covered by now, had it existed. But there has been no "covering", no "MOASS" of ANY kind. The plain truth is that it is almost impossible for any "naked short" position to exist in DBMM.
2. The fantasy surrounding Alpine Securities.
We can all agree that Alpine is a dirty entity. It has been accused, investigated and convicted of breaking the rules many times. Yet day after day, Alpine is mentioned in conjunction with DBMM. It's been said many times that Alpine has a huge, short position in DBMM. There is absolutely no proof of such a position. If Alpine is "taken out" in this latest action against them, I FIRMLY BELIEVE that the stock price of DBMM will not be affected in the least! There is no DBMM short position held by Alpine!
3. The fantasy surrounding the Kramers.
The Kramers are skunks. I have said this many times, as have many on this board. But the truth is there is NO connection that can be proven to currently exist between the Kramers and DBMM! But one thing they have NEVER been even accused of is "naked shorting" even a single security. There is no record of the Kramers EVER shorting a stock. I believe that the Kramers have submitted paperwork to the SEC, proving that Asher Enterprises has a ZERO SHARE position in DBMM at the end. I believe that that paperwork was even copied and posted right here on this board. There is NO EVIDENCE or PROOF that the Kramers currently have ANY connection at ALL with DBMM. It is a fantasy that KEEPS getting repeated here.
4. The fantasy that DBMM is a sound business and a good investment.
This is the most important thing to realize about DBMM. No one WANTS DBMM to fail. But the record of the company is clear and the TRUE STORY must be made PLAIN to perspective investors. For the past twenty years, DBMM has done nothing but produce LOSS after LOSS. It has an accumulated deficit of nearly $18 MILLION DOLLARS to date. It has never produced a profit in ANY year of its existence. It borrows money EVERY quarter, just to keep the lights on. It has debt of over $5 MILLION dollars in loans and salary commitments. It makes promises year after year in all its financial filings. It outlines how lucrative the digital marketing sector is yet year after year, it captures very little of it. It makes promises on how it will expand into major US cities (LA, NY), yet it never does. It has expounded on "alliances" in past years....yet these "alliances" have shown to produce nothing, and are seldom heard of past the initial mentioning of them.
This is not bashing or "wishing the company would fail."
It is outlining the TRUTH and exposing the fantasies told by those who need others to buy the stock of DBMM - for their own gain.
![Bearish](/static/images/ih2-bear.png)
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
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