DBMM has $2,478,291 in loans due 2024. How exactly are they going to pay that $2.4 million when they lost over $700k last year? Where is the money going to come from if its not from selling stock? The entire company is not worth $2.4 million.
"Updates" which are filled with promises that are NEVER realized. These updates are fluffy and FILLED with rosy predictions that never seem to materialize! And it has been that way FOR YEARS.
That can (and I believe WILL) change in a heartbeat. DBMM has millions in debt and is not making ANY money. It ADDS to that debt EVERY quarter. Since it makes ZERO money at the end of every day? It has no CASH in which to pay its debts. How will it eventually pay off its debt? There's two ways to do it. Get revenue zoomed up and pay it off using profits. But DBMM has NEVER had a profit from business operations since its inception! EVER. Since it seems unable to do THAT? There's only one way to pay off debt. That is using the share base. it has already started to happen, and it will accelerate in the future. It is INEVITABLE.
DBMM never advertises WHEN it will do an RS. If DBMM needs to get the share price up to a penny? It will have to improve business and revenue. It SAYS it has been trying to do this already and it has FAILED TO DATE. To date, DBMM has NEVER had a successful year in business. THAT is FACTUAL.
The ONLY other way to get the share price up to the $.01 level for a QB "up list" is to perform an RS. It won't be advertised or talked about. It will just suddenly be announced. And there's not a damn thing the shareholders can do about it.
Indeed. The audited financials PROVE exactly how badly DBMM is doing business wise. It is operating at a constant loss, borrows money EVERY QUARTER to survive. Thanks for pointing out that the results of DBMM's yearly failures are ADUITED.
I don't know how "creative" it is. No one knows the terms of these loans (and that's what they are - LOANS). If anyone thinks that these "LTI's" are just GIVING DBMM money to survive, for NOTHING?? THINK AGAIN. There are STRINGS. We just aren't being told what they are. Does anyone think it's NORMAL for loans listed in the 10K's to just keep extending out to subsequent years?? To seemingly NEVER have to be paid back? What is the deep dark secret that DBMM/Linda is hiding from the shareholders?