RE:RE:CAME CLOSE TO DOING A LARGE FINANING MUTDMUTD wrote: ...THE BELOW POST IS MISINFORMATION...
...they said no to the upgrade when advised of the requirement to upgrade to the TSX...
...they did not nearly do any financing... so misleading what you are saying...
...and of course you now throw in the reverse splits scare tactic to try to endure fear... that has been turned down many times ...
... clearly bashing and trying to invite fear!... at least try to be more subtle in your tactics... this one is blatantly obvious...
frewil11 wrote: I can't believe they nearly did a large financing just to graduate to the TSX , how about getting some contracts signed and start becoming a profitable company , just getting on the TSX will not do anything for share price unless performance and revenue grow subsatntially , what are they thinking , a reverse split will happen sooner or later .
The TSX has some pretty onerous requirements that are difficult to meet for an emerging Company. MG wisely passed on the uplist for now to concentrate on getting things off the ground. Later, when DM is more liquid we can explore uplisting again, but for now we hang out on the Venture. No big deal. Building the Company is more important right now and that is exactly what DM is doing.
As for the OSC thing, again.. So what? All it means is that DM will be required to
put a little more work into their MD&A reporting, which they are doing.. I'm sure many Public Companies have been so guided by the OSC. So no matter how much mileage the bashers want to get out of this, it is not Earth shattering and in fact is good for DM and DM shareholders. Also better for anyone thinking about investing in DM. DM will do well despite the negativity from some retail investors.
I've been invested in DM for quite a while now and I choose to not only remain, but to add to my position whenever I can. News flash for some investors.. Investing is not risk free. With DM, I choose to take that risk. I have been handsomely rewarded in the past, and have also lost my shirt. Pretty sure I'll keep my shirt on this one. GLTA!! Carry on DM, let's make this happen!