RE:RE:RE:RE:RE:RE:DM.V WE KNOW WHO WILL BE BUYING ANOTHER 10 MILLION. HOLD ONIamapothead wrote: MUTDMUTD wrote: ...yes, exactly, there is no other I am aware of, and that's my main point... It would be unheard of...I understand why they did the buy back and don't necessarily disagree with it as I think it's a decent move where we are right now... I just don't think it's wise to do more buy backs after and use up more cash, basically your other point... So I am saying we did the buy back... If DM is going to dish out more cash somewhere other than verticals, where again we agree it should be going, then I'm saying go with a special dividend... There is value to do that as there was for the buy back... I'm where I want to be, for sure and am in it till the end, if that's what happens... Liking what I am seeing just wanting the SP to rocket upward, even though it's been crashing for over a year but signs of a turn around are in our midst... in the end I am no CEO and don't pretend to know what should or shouldn't be done... for the record I am still trusting Marshall and really like his character and vision... Go DM... All IMO... DYODD...
Venator wrote: I am genuinely interested to know of any speculative growth penny stocks that have given out a dividend (other than part of a buy out). It just seems to go against investing acumen to give out a dividend. If you want dividends I think you are invested in the wrong sector. I would rather see free cash flow go right back into developing new verticals, R&D, organic or take overs.
I was stating my desire for a share buy back long before they announced that they were doing one. At the time I thought it was a great use of cash and I was tickled pink when Marshall announced that they were going to be buying back shares. However, what I don't like is how they pumped it on Twitter posting about how great buy backs where for share holders and then they prompty went out and further diluted the company at a far greater level than they were buying back. Since they knew of the planned EV aquisition from a "friend" long before they announced the buy back I think that they did more harm than good.
From my perspective a lot has changed in markets and economic climates in general over the past several months. While it was great that they bought back some shares and will be cancelling them I think they should think about preserving some cash for the recession that is upon us. There is a lot of uncertainty surrounding how bad it might get.
As far as new verticals, I'm not a big fan. I think they have plenty of verticals to digest for now. It would be unfortunate for such a promising company to take on too much and not be able to deliver effectively.
DM has an AI technology that is very efficient, effective and extremely adaptable. If a new vertical presents itself and it makes sense to add it to the company, then I would hope very much that DM doesn't lose out in that opportuntiy and the additional revenue generated by that vertical.
So as long as DM has competent people heading up the different verticals and competent people who can implement the technology, then why not grow. I would love to see the company continue to grow and expand into more and more verticals. There are so many areas that they can apply their AI tech to with very little overhead. Hire who you need and continue grow, so as long as it makes sense to do it within the current envirnent.
I don't understand wanting to back off on opportunities to grow the company both in size and in revenue. I certainly don't expect DM to haphazardly jump on any vertical without due diligence and logistically working out the details to incorporate it into the company as seamlessly as possible.
I have confidence in this investment and in the management that I have invested in. I think they are doing a fantastic job in using their connections and networking to add these different verticals and I don't think management would add something that would affect their focus or abilitly to succeed in those current verticals.
Marshall had mentioned in a discord that they had been approached by many different companies presenting many opportunities to incorporate their AI technology. Cybersecurity, healthcare and EV were identified as the best three that they felt had the largest potential for the company.
And at this time, these three are their focus. This clearly shows that managemant understands their current limits and where there would like to direct their focus and their AI technology. If Marshall should announce a new vertical at some point in the company's future, then I trust management has done their due diligence and can implement it without affecting their current workload too much and would hire the necessary people.
We already know that this company can work under extreme timelines to complete the necessary work given to them (i.e. government contract Q1), while still progressing on the other verticals. Now we see from recent news releases that this company can also progress at a much faster rate then expected. At some point, it wil be time to add more and expand the company.