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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 by User

Comment by Timerunneron Mar 03, 2018 1:38am
172 Views
Post# 27655507

RE:RE:fin's

RE:RE:fin'sYes I expect revenue to be similar to the last quarter but think many here are expecting a huge increase and I highly doubt that will be the case.

Storage space revenue is becoming more and more  competitive , which is why the new business model is in place. This does not mean they will quit the storage market but the company is putting more  focus on creating a new source of income in the blockchain sector.

 Remember the company did not just hang a blockchain sign on the door and decide to pump up the stock price. They have been working on blockchain tech for a long time and feel they will be able to announce super exciting revenue producing products in the very near future.  They cannot of course disclose anything about the new product line but are very very confident they will able to announce something exciting soon.  

Tim  stated he has not sold a single share in months and says he has no intention of doing so until the share price is at much higher levels.  Mr. Jewel  also hopes investors will be confident enough to hang in until  he can increase share price on the merit of new tech, not just on day to day market hype. 

With regards to my  .10 buying more stock  comment  it was a spur of the moment snooty remark based on  the annoying day after day, penny flipping  algo programs messing with the share price. I bought another 25,000 at .11 today but will likely join the flippers with those extra shares as I already hold a substantial postion. I will buy a whole whack more shares if she  does the dirty and hits .10. 

Still long and gonna give Tim the opportunity to show his cards with the new products. Smallcaps are a big risk as we all know .

GLTA
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