OTCPK:DDBXF - Post by User
Comment by
emiliolargoon Jan 03, 2020 1:04am
67 Views
Post# 30514029
RE:RE:RE:AGM
RE:RE:RE:AGM nickeliferous wrote: Emiliolargo, thank you for the update. I'ts quite infuriating to hear there was an offer on the table and it was shot down. Time is ticking here and Siva and the Board (however many are left) better get their sh!t together and figure this out. By far one of the worst investments I have made in my short investment life. By any chance did you hear any of the numbers being tossed around?
Nevertheless, I appreciate the response.
nickel, all I know is that the numbers were far higher than today's share price. Incidentally it was at this price that the offer was made. Later, the company feels, the price was pumped up but it never was able to maintain. so ay half a penny we stand here. Not only the offer was for shares, it also was going to keep the brand and the legacy of the founder, in this case Tim. One publicly traded tech firm buying another, both on the CSE. At their AGM they had the obligation to discuss it and the offer was expiring 3 days later so now its old history. It sucks, the other company as cash, channel partners, great tech and management. It is completely crazy that not only they didnt give a shLt about it, they waited till dec 31 to shoot them down. So imagine waiting 2 weeks for some answer when you are GIVING money away and making DDB profitable with a solid plan. I swear its messed up. my guy who owns shares in that other company was puzzled. I think now its too late. These guys are busy with 2020. DDB has 3 directors, including Siva the "CEO and CFO" and Tim;s wife Louisa, who controls 10.8%. all public info.