Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 01, 2018 2:22pm
194 Views
Post# 27645826

RE:DDB whats next?

RE:DDB whats next?zorbing,

here's the reality as to exchanges and listings. Companies which are not at a certain economic threshhold which are not as highly capitalized with monies available tend to go the Canadian National Stock Exchange. The comparable to what we have in ddb is the TSX nex tier which is under the venture tier, actually scratch that the Canadian National Stock Exchange may actually be in between the nex and the venture so I can't say that it is the nex tier to the TSX that may be wrong--it is actually kind of hard to say but the thing we know is these companies need more financial gains and strength but it doesn't mean they can't do well.

Typically, as to my understanding and when i looked in the past Venture companies can uplist to the TSX main relatively easy no doubt in comparison to the Main US Exchange where the share price going from TSX Main to the main US market is typically $5/share there are more criteria than this just as there are more for the juniors going to the main typically at $1.00 but not always as Spectra 7 graduated to the Main and didn't trade at $1.00 and it is trading really low of late so there are more requirements other than share value but I will keep it very superficial and say to graduate from the Venture to Main is typically $1.00 share price and from the Main to the main American $5.

Here is the advantage of the Canadian National Stock Exchange, there is an agreement between them and the Nasdaq as to when i was looking in on this and that is any stock that reachess $3 and the other requirements can uplist to the Nasdaq where as typically again speaking superficially just in regards to share price alone on the TSX Main it would have to hit $5. I don''t know why that is but it is as to what had been arranged between the Canadian National Stock Exchange and the Nasdaq but no same thing for the TSX Main.

So, I don't necessarily see this needs to list on the venutre to be honest with you although I will say this very truthfully many companies on the Canadian Exchange in the longer term have done worse than those on the Venture but in the near term be it hype or whatever they have killed the Venture stocks--

I will give you a funny example. I was invested in Naturally splendid and when word got out that they were looking to get into the cannaboid side of the business the equity traded as high as $1.05 and that was it despite it being far more advanced than other mj stocks at that time and even now i will say the same thing but there are huge price differentials between the markets. In fact, I still see Naturally Splendid as a premier company despite its low share value in comparison and for all it has done--gone of tragic to say the least yet other mj on the Canadian are still trading way higher even though they are nowhere in comparsion as to developments and arrangements.

Nevertheless, regardless of share value that is not the main thing if one is indeed looking long overall but what is are the solid foundations and fundementals of the bottom line and it really wouldn't matter which exchange you are on if you have it you have it and your share value will reflect it everything else in price variation sorry to say has been hype on one side and a lack thereof on the other. At the end of the day a Venture listing or a Canadian National Stock Exchange listing as we have right now doesn't matter but an uplisting on both definitely does as that is reflecting financial and economic strength--typically yet again when i look at Spectra 7 it sure doesn't seem that way in regards to the share value--but then again in the past it was making successful gains in revenue every quarter so stocks don't always follow rational thought so if they are hyped you see good gains you are best to take them.



<< Previous
Bullboard Posts
Next >>