Success? Let’s peruse the 10K and point out the “success”, shall we? I’m betting you don’t like to discuss numbers. Numbers like debt, net revenue, profit, you know - BUSINESS stuff!!!
Success like one pathetic little contract in an entire year that is SO incredibly bad that they won’t even publicly mention a single detail about it to the shareholders. Are they losing money on this contract? Was it a simple exchange of services? Now that WOULD be deemed a success for such a savvy “investor” like yourself! When it comes to losing money and failing - DBMM is the definition of success! They’ve been “succeeding” at failing and losing money for twenty years. For a company to do that and not file bankruptcy is truly impressive!!
Yeah, the share price says it all - it used to be at .04…..
The clock is winding down rapidly now.
The next financial report will be enlightening. Yes - the rules have changed and loans need an 8k now. Yes - contracts that are materially substantial need an 8k now. Based on the numbers and trend in the last filing, I predict the next Q will either show a bankrupt situation or illegal activity. Whether the SEC steps in and takes action (AGAIN) or not is their call.
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