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Data Deposit Box Inc DDBXF

Technology
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

Data Deposit Box Inc
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Post by Gogetem33on Mar 06, 2018 6:25pm
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Post# 27671932

Holding long, keep the faith

Holding long, keep the faith

Not many penny stocks are in the position that these guys are in, no debt and positive cash flow. Give it some time. 


The company has received over $1.2M in proceeds from the exercise of warrants. Some of the proceeds were used to eliminate all outstanding debt and remove the GSA in place from our senior lender.

Said Tim Jewell, CEO of Data Deposit Box: “Our team has done a great job enhancing our core products and bringing new products to market. Being debt free with a strong cash balance and cash flow positive will allow us to focus on our core business and our new lines of business (Blockchain, Secure Email Archiving and LiveLink).”

 


Read more at https://www.stockhouse.com/news/press-releases/2018/01/11/data-deposit-box-issues-update-on-warrant-incentive-program#UrJO9rqC2FHKQFR6.99
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