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Re: CHM_760 post# 1558

Tuesday, 07/23/2013 9:36:08 AM

Tuesday, July 23, 2013 9:36:08 AM

Post# of 8449
CHM

I am familiar with DJ and they are just a very small group. I do agree that many time they do precede some type of financing. Since the news has been rather slow I thought I would just like to add the following comment.

DSS has a law firm on contingency, operations to run, due diligence to conduct. I am not 100% sure they would not conduct a round of "private" financing if there was something that they would want to acquire. They still need to pay 1.75M for VA stake also. I have listened to Jeff Ronaldi on 5 separate occasions and he has stated on every one that they are "willing" to garner such financing without diluting the stock if necessary. He has made this comment without being asked. As most of the posters here know, deals can be structured in a way that turns from a "cash" loan to shares at anytime down the road when the price is right. This is a good thing for companies as they grow. He has also stated in the past two meetings that they have identified 3-5 potential acquisitions. They do not need the money to run the company, but I would not sell short the possibility of a looming acquisition.

We will not know until 3Q the numbers that we can look at and try and figure out what all these settlements are. They may have enough cash on hand from penalties to finance what they want. I am keeping an open mind on all the possibilities as the company moves forward under new officers.
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