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Friday, July 19, 2024 8:04:40 AM
Oh wait....I see...it has NOTHING to do with it.
Face it - DBMM is near bankruptcy! It is bringing in less revenue than many employed individuals do! It can't get costs to produce that revenue down. Those costs ALWAYS EXCEED the revenue! They are BLEEDING RED EVERY QUARTER.
They BORROWED $59,980 every month last quarter ($179,940 increase in loans, as stated for the three-month Q). They currently bring in approximately $14,111 per MONTH in revenue ($42,335 as stated in the three-month Q). That mean that in EACH MONTH last quarter, they borrowed $45,869 MORE than the revenue than they brought in!!!
The SEC "matter" has been done with and the OIP was dismissed well over a YEAR ago. DBMM has only gotten a SINGLE client in that time. WHY?
If Digital Clarity's marketing prowess is SO GREAT, if their business is SO wonderful?? Then WHY haven't companies been FLOCKING to become clients???
This single "client" in Austin has been proven to be paying a little over $4K/month in fees. If that is an example of what Digital Clarity is charging clients? Do you see how many clients are required to achieve millions per year in revenue??? At the rate of 1 client signed on every year? We'll all be dead and gone by the time it happens!
And some think that a Nasdaq listing is somewhere in this companies' future???? HOW LAUGHABLE!
The numbers quoted here are accurate and taken directly from the published numbers in the recent 10Q. There are no lies here. It's SIMPLE MATH! Shareholders need to WAKE UP!
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
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