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Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Comment by ScarletSpideron Feb 04, 2018 6:20pm
67 Views
Post# 27500344

RE:RE:RE:Cash burn?

RE:RE:RE:Cash burn?Thank you so much Jimmy for a very well reasoned and balanced response. Yes, pat is a hardware and software company as it will sell subscriptions as well on a monthly basis which will cover all the upgrades to the company's tech being able to pick up more threats. This company is in fact all software and the mass appeal to them because there aren't any additional costs as you have correctly pointed out and the reason why lot of tech companies that are really good can see really good price increases while those dealing with manufacturing may not comparatively speaking. I always try to find really good tech companies for this reason as i have been mostly involved with those companies that are producing products that need to undergo massive manufacturing and with it expense.

Nevertheless, I will not say that developing software isn't either time consuming or capital intense. I will give a very simple example, i love to play video games and boy is there a lot of development in terms of both time and expense that goes into them and that is why many of them sell close to $100 a game when they are first released. Now whether this type of tech is that far involved I don't know I'm not a tech person honestly speaking but i know it will require a good chunk of times and monies all the same. But if the burn is kept low and the company is where you are indicating that is in fact a very strong and sweet postiion to be in. But yes, at some point every company no matter who they are will need to have cash infused to keep it going it's just all part of doing busines.

Thanks once again for your very well reasoned and balanced response greatly appreciated!!!
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