InvestorsHub Logo
icon url

Gusher405

06/20/23 8:27 AM

#308023 RE: Idiot Mayor #308021

So why isnt the rest of the paragraph quoted? Here it is:

"However, the Company generated proceeds of $260,122 from financing activities during the six months ending February 28, 2023. The Company also has a non-binding Commitment Letter from an investor of $250,000 which also includes a right of first refusal on additional capital raise up to $3 million which will contribute to satisfying such obligations and fund any potential cash flow deficiencies from operations for the foreseeable future."

So lets talk about that. In the same paragraph, after the 'however' they talk about proceeds from financing activities and a non-binding Commitment Letter which also includes a right of first refusal for an addition $3 Million ---Which will contribute to satisfying such obligations and fund any potential cash flow deficiencies...

Cant just cherry pick part of statement.

Lets Go DBMM!!!
icon url

Capt Caveman

06/20/23 8:28 AM

#308025 RE: Idiot Mayor #308021

What if i am gambling with
"free" shares?? Will i lose??

DBMM
icon url

aamadm1

06/20/23 8:38 AM

#308026 RE: Idiot Mayor #308021

All Company have going concern, it is in there disclaimer. If DBMM had to go down in its worst of it's time. It would have wiped out by now. But company fought and those who are in for long they are here from lows, Standing strong. Waiting for final push. Selling fears don't work here. Plus those who invest they definitely run risks with their money regardless. Who remember ENRON, Lehman Brothers, GM, AA airlines. Remember their Filings............. Next...
icon url

VrilSociedad

06/20/23 10:51 AM

#308053 RE: Idiot Mayor #308021

I get the point trying to be made, but this is no different than all the other posts selectively picking the talking points that suit them.
What I am in agreement with is the very real possibility of a reverse split. I do, however, believe it would come after a significant pump to sell into.
That is why I have stayed here. I am bearish on the name but bullish on the pump potential.