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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 emiliolargoon Jan 14, 2020 11:56pm
48 Views
Post# 30554068

RE:RE:RE:Really Too Bad

RE:RE:RE:Really Too Bad
Hammertime45 wrote: Hey MNB ... good questions.  So, DDB is the system back up 3rd party integrated system with the principle software being used.  It was the recommended company to use by the principle software company and they have thousands of user - many of which I also assume ue DDB as the back up. 

The priciple software company calls the shots on this and if they choose to affiliate with another back-up company it is their call - to date I have not heard anything. Concerns have been presented to the principle.

Yes we pay DDb a monthly fee.  As I have previously stated, we have seen NO signals that anything is up and back up business is as usual.  Many on this Forum have posted the Financial woes of DDB and I have to assume they are truthful in light of the SP, lack of news or anything material. 

Hope that helps. 


Hammer, you dont need to assume anything. Check the articles I posted earlier on DDB and check their SEDAR fianancials. There are LOSING 25% of their customer base every year and now they happen to be unprofitable and burning a lot of cash. unless something changes drastically, this is headed for a collapse.
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