OTCPK:DDBXF - Post by User
Comment by
ScarletSpideron Feb 04, 2018 12:47pm
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Post# 27499294
RE:RE:Cash Reserves?
RE:RE:Cash Reserves?the company will need way more than that to keep operations going and advancing product. One of three things will happen--a contract, a bought deal, a private placement but then again even if companies get contracts it will depend on the size as well as receipt of payment so that too while being quite helpful will not necessarily stave off the need for more capital. My preference is definitely contract to show that the tech is diffusing through the market as well as bought deals because that is showing a growth beyond private placements and may be indicative of a potential to uplist. Private placements typically don't as to my whole investing experience. We get multiple bought deals even if people badly manipulate the stock price and trust me they do and very savagely, at least we know they see this as a strong and viable company.
Regardless, I suspect there will be a slew of news releases coming shortly, one of which will likely be a contract of sorts and one of which i believe will end up in a bought deal we have seen this test .25 so i would factor if it does come a bought deal around that price with an exercise of warrants around .50. I would actually like to see a bought deal no less than .50 with exercise no less than .75. But let's see where things go this looks to be a well managed company with some really promising tech. We just need to wait and let things go where they are meant to. These prices are really low actually so congrats to those who keep picking up more shares. To those who are not in a position to do so, be patient wait the storm out, it will pass soon enough.
Looking forward to the coming week and seeing if we will start to gain positive momementum which honestly we should be having but the gong show in the US is no doubt not helping any company in the Canada US markets possibly even worldwide. As people will say and is commonly known the market likes stability and the President being constantly under investigation is anything but that. Now either he starts governoring properly like a true leader one who brings the country together and truly means it or he is better off to get impeached but I don't know if Pence will be any better but at least if an impeachment goes through maybe he will be careful and more for the country as a whole. It's too bad Trump has and continues to do what he is and allegedly stoops to all levels to win his Presidency--yes, i do strongly believe he colluded with Russia but to what degree well the investigations will have to show that. As far as his victory, it is absolute subterfuge as to my understanding. The findings are actually a ruling on how the investigations are being carried out and not addressing the direct issue at hand and that is getting to the facts and extent of collusion so this is all just stall tactics and putting off things.
Sorry to say the American system is absolutely awful when a President can stymie law authorities from doing their full and proper job. Nobody should have anywhere near that power where people will always get fired when they start getting more and more incriminating evidence. I hope that the American politicians learn from this and put checks and balances here, no one should be above and beyond the law regardless of who they are. This is just absolute stupidity to say the least. First Comey being fired but Muller politically Trump's aides as to my understanding have said firing him will be in bad taste and not useful so they will do everything to avoid the rightful investigation but if he fires Muller i think that will be it for him and his Presidency but he will keep putting up roadblocks as we are seeing and for as long as he does and for as long as he is divisive the markets will be in shambles. Again either Trump smartens up or is impeached whichever because we will likely see some ugly numbers until things come to some sort of resolution.
Be as it may companies must continue to do what they are to establish their credibilty and excellence and this company seems more than capable of doing so at least that is what i see of it since i have been invested here. Let's see what the coming week brings.