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payupdeadbeat

07/19/25 4:10 PM

#364091 RE: Jetmek_03052 #364078

Hey, wait a minute... Harvard grads don't squirm... they pompously strut. 
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Krombacher

07/19/25 7:09 PM

#364095 RE: Jetmek_03052 #364078

Ever take a class on revenue recognition?

If I have a million-dollar contract, I can’t just recognize that revenue the day I sign it. I still have to perform the contract. That’s basic accounting.

Depending on the situation, I’ll either use the percentage-of-completion method (recognize revenue as the work progresses) or the completed-contract method (recognize it all at the end).

So before you start screaming about what’s “missing” from a filing, maybe pause and realize: you’re making mountains out of molehills.

Then again, if you’re short DBMM, I get it — you’re about to be in a world of financial hurt.

– Krombacher
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Poo28

07/20/25 8:49 PM

#364144 RE: Jetmek_03052 #364078

The SEC was spot on with instructions to ignore non-credentialed , inference being fictional opinions, based on disinformation. Chatroom moon howler likes the sound of his own words— talking to himself and a few naysayers.

Contracts are legal documents and in a 10-K are audited by independent experts , approved by the SEC. There are rules around Revenue Recognition which are specific and instructed.

The Company statement , IMO, “2025 Best Year Ever,” is 10-K audited information Following the completion of the fiscal year August 31, 2025. The instructions are clear and you are clueless. Relentlessly clueless only intended to damage Company.

It is ignorance to define what words can be used when you have never been an officer in a public company but for years castigated judges, attorneys, the full Commission , accountants because you know more. You Never do . You are always wrong. And then whine because the outcome is exactly what the Company intended, stated and delivered.