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Bullboard - Stock Discussion Forum 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 Discussion

Data Deposit Box Inc > Financials summary
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Post by BiGMyke on Apr 25, 2018 11:30am

Financials summary

So with the Financials coming out yesterday, here is what we can understand; - They paid off that bad debt, but put out a lot of shares to do it. - They stopped some services and cut some costs - They lost some business, in fact, their revenues fell 800,000$ compared to last year. - They have 6,000 individual clients that get billed monthly - They started spending more on marketing. En Bref; hopefully that marketing pays off down the road. Essentially we need DDB to sign some big deals this year, or for DDB to be bought out by a bigger company. Here's to hoping for a strong summer!
Comment by babydraw on Apr 25, 2018 11:52am
Essentially DDB has already made a catalyst sale with Claranet not only generating revenue $$$ but equally important validation in Europe.  Essentially DDB has already been certified by Synology Package Center with access to millions of end points $$$.  Essentially Synology will help DDB get customers with large data storage needs in the Induced Polarization Surveillance market.   ...more  
Comment by BiGMyke on Apr 25, 2018 12:07pm
Yes, the Claranet deal was a solid one, we should see this reflect on the Q1 results. The other deals are hopeful, but not done yet. I am simply speaking of what we know, and providing a bit of an outlook for this calendar year. I'm not bashing the company, nor am I in any short position. I have three major investments, ACB, SHOP and this one is my penny stock that could yield the biggest ...more  
Comment by babydraw on Apr 25, 2018 1:23pm
To make things clearer, Mike doesn't know wtf to do. pfft.  Claranet was catalystic.  Synology Package Center addresses marketing - millions of end points, parlay's into Induced Polarization Surveillance - very large data storage.  Financials just finished getting Zamboni'd Coming right up we have :  Bank, Telco, UK Enterprise, GDPR May 25th.   Mike, ...more  
Comment by BiGMyke on Apr 26, 2018 9:21am
lolz , baybee just repeating himself at this point. Sigh. Ignored. Funny how were both on the same team yet you've got a chip on ye old shoulder. LETS GO DDB - I'll be back to check this summer ;)
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