RE:HOW????????????Why has cash position dropped so much?
Well let's see...
Expanding all verticals
Hiring more staff
Aquisitions
Marketing
Legal
R&D
Product development
Share buybacks
Lot's of etc's too
And all other expenses associated with a growing Company
I look at it as the transition from little league to big league.
So they have to get this right. It is DM's go big or go home moment.
Cash will continue to come in from EV and Health and increase.
Those Covid revenues sure helped finance a lot of this but now
DM will need to fly on it's own. And I think they can.
Heck, they might even need some financing going forward to
reach thier goals. Not many Companies can do without it in the
early stages of growth and expansion.
Millions of shares bought and sold after the Q2 fins and we close today
at .06 again. Tells me people still believe in the future of DM and want to
be part of it. I don't blame them. This could be huge. ( OK, bit of a pump there )