Digital Locations Inc (DLOC)

[Ecomike]

I simply refuse to pay a premium for shares I know I will be able to buy much cheaper this summer, over the next 6 months.

CABN has repeatedly sold new shares to accredited investors for as much as 70% off of retail to keep the bills paid. When I first bought shares here, there we 90% fewer shares outstanding, and that was 2 years ago, and they said then they had the magic formula ( a process they have since abandoned, or shelved as they could not get a partner to sign on or get it funded, so they abandoned it), and they said then all they needed was a JV partner to fund a pilot plant. Now we are testing a new magic formula, with no idea for sure if it is the un-patentable one, or the Canadian University licensed one, or a third one they hope to patent?

A company like this can NOT support an infinite market cap, so as shares are added, the share price drops based on the markets view of the companies potential maximum market cap. The accredited investors that are buying the new shares at a discount, and selling you shares at a premium know this, that is why they keep buying new shares at a lower and lower price each time and then selling the old higher cost shares to you at a premium over what they paid.

If they try to build their own plants to produce fuel, it will take huge amounts of funding, and stock dilution to get there. If they license it, the revenue will be much smaller (as well as profits in $$s), and thus the target market cap will be much lower raising questions as to whether the current market cap is overvalued at the current share price times the current share count?

I have never called Byron a liar, but he is not telling the entire story (errors of omission), and by not telling the entire story, just telling us the good fluffy news, and not any of the bad news, he is leading investors like you to the slaughter house! If you don't mind further 50 to 80% hair cuts then by all means buy away here!!!! Buy the dream!

I have been around long enough and involved in enough start ups like this one, to know how long it takes, and how much it costs to get from point A to point B. 2 years ago, CABN made it sound like they were much further along than they really were, like they were already at Point X, much less B or C.

When I can see a real patent application in the patent offices, with claims that look like they will work, and performance data that will pass the economic tests, I will look at re-investing in this one.

Let me ask you a question. If they have 2000 hours of positive lab test data from ETF, why have they not published the ETF lab report to prove it is verifiable by the independent lab ETF?

Where is the Ex-Shell Oil engineer?

Note: Emerging Fuels Technology = ETF