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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

Post by moneynorthboundon Feb 07, 2020 12:27pm
118 Views
Post# 30658708

DDB POST YOUR COMPLAINT TO SEC ~ CSE! HERE IS MNB LETTER!

DDB POST YOUR COMPLAINT TO SEC ~ CSE! HERE IS MNB LETTER!I STRONGLY encourage you to submit your complaints SEC CSE and it would be nice if you posted here what you wrote. We wont win if we do not at least TRY TRY TRY!!  and dammit TRY AGAIN!! We lost tons of money and it is sitting in Louisa and Siva bank account and that is not okay for me!!!

WE NEED COMRADERY....big time here folks or or I was just going to be useless Canadians and be lead by a BULL NOSE RING??? sheeeesh we need to ALL TRY!!

You can tweek your personal information spelling if you have querries about online personal information.
Most important they have MY PHONE NUMBER and my email.
CALL ME MNB I will answer the God damn phone!! lol lmfaso

MNB issued this to SEC investigations

DATA BOX DDB, is a tech company CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box "), a global provider of cloud backup and recovery technology,with 350,00 Clients and our CEO Tim Jewell DIED, Aug 20.2019.!
 
NEWSWIRE:
(CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box "), a global provider of cloud backup and recovery technology, today issued the following statement: "It's with great sadness that we announce that Tim Jewell, Founder and Chief Executive Officer of Data Deposit Box, passed away Sunday August 18th in Toronto, ...Aug 20, 2019.
 
CEO, Tim Jewel knew he was dying of cancer long before he died Aug 20, 2019.
 
Shareholders have SOLID evidence that a company SWIS, a global data company currently trading @.15........made an offer to Tim Jewel BEFORE HE DIED!!
 
Tim was GREEDY & REFUSED all offers presented to DDB. 
Shareholders have evidence of other companies who have tried desperately to do business with Tim before he died and after and this attempts to do business have fallen on deaf ears at DDB.
 
SIVA( CHERLA BECAME acting CEO IMMEDIATELY after Tim's death. Siva has been AVOIDING shareholders emails,  since August 19, 2019. 
No transparency to shareholders in the least.
 
LOUISA CHERLA, Tim's wife recently was appointed to CEO.
TO DO WHAT???
Steal money from SHAREHOLDERS!!
 
DDB had extremely UNUSUAL VOLUME yesterday. JUST UNDER 2 MILLION!!!!!!
DDB was halted shortly after those buys yesterday with this newswire below.
 
After shareholders waiting more than a year & half, with NO communication or direction from the company, DDB management filled their pockets with shareholders money yesterday and sold the company for .0125 per SHARE!!!!
 
I HOLD 380,000 SHARES
That 2 million in Volume yesterday WAS ALL INSIDER TRADING!!!
TOTALLY ILLEGAL!!!!
 
Shareholders have lost tons and tons of money with holdings of share over 2 million in one single investor. PLEASE HELP HELP HELP!!
 
DDB has 350,000 Clients and they are worth more than .0125 not counting DDB asset.
DDB had a deal with TELCO and that is worth more than @.0125
DDB has a CLEAN BALANCE SHEET and they are generating revenue with old technology. 
WHAT DO WE DO???
 
DIRECTORS FILLED THEIR BANKS WITH SHAREHOLDERS MONEY YESTERDAY insider BUYING TRADING!!! CORRUPTION AT ITS FINEST!!
 
DDB shareholders are praying that this complaint does not fall on deaf ears, WE NEED AN INVESTIGATION in the first DEGREE. 
Fraud, insider trading, corruption, negligence of fiduciary duty!! ETC ETC
 
The WIFE of our dead CEO Tim Jewel has clearly executed FRAUD she owns 
9,226,668!!!!!!!!!!!!!!!!!!
 
Shareholders thank you in advance for your time and ability to execute quick action in every capacity possible. 
 
NEWSWIRE DDB:
 
Data Deposit Box Inc. Enters Into Agreement to be Acquired by HostPapa, Inc.
    
Toronto, Ontario--(Newsfile Corp. - February 6, 2020) -  Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, has signed a binding letter of intent dated February 6, 2020 to be acquired by HostPapa, Inc., a web technology company specializing in web hosting and cloud services for small businesses.
 
Under the agreement, Data Deposit Box will be amalgamated with a subsidiary of HostPapa, Inc. and, subject to the satisfaction of certain conditions, Data Deposit Box shareholders will receive a fraction under $0.0125 per share in cash for each Data Deposit Box share.
 
After careful consideration and consultation with its financial and legal advisors, Data Deposit Box's board of directors has unanimously approved the proposal and recommends that its shareholders vote in favour of the transaction at the Annual and Special Meeting of Shareholders scheduled for March 13, 2020.
 
The transaction is expected to close immediately following the Shareholder's meeting, subject to shareholder and regulatory approvals, as well as other customary closing conditions.
 
"We believe that the transaction brings significant value to our shareholders by way of a 32% percent premium over the prior 20-day trailing weighted average share price for Data Deposit Box common shares. Data Deposit Box's cloud backup service fits perfectly into HostPapa's full range of web products and solutions. We feel our technology and customers have a strong strategic future as part of the HostPapa world," said Paul Nicholls, Chair and Director.
 
"HostPapa brings a strong operational foundation, broad customer base and significant resources to the Data Deposit Box business," added Siva Cherla, Interim CEO, CFO and Director. "Our company will benefit greatly by gaining access to HostPapa's resources and large customer base of small business owners and we know Tim Jewell's legacy will thrive as a part of the HostPapa family."
 
The transaction is subject to the approval of shareholders. All shareholders will receive the relevant documents which outline the specifics of the transaction.
 
Jamie Opalchuk, Founder & CEO of HostPapa, Inc. said, "We are excited about the opportunity of offering Data Deposit Box end-point security to our growing base of small business customers and reseller. With the ever growing threats targeting small businesses, it's essential that as a service provider we offer our customers a suite of backup and security products such as Data Deposit Box to protect their business."
 
Advisors and Counsel:
 
WD Capital Markets is acting as exclusive financial advisor to HostPapa and Woolford Venture Law is acting as HostPapa's legal counsel.
 
INFOR Financial Inc. is acting as exclusive financial advisor to Data Deposit Box and Gardiner Roberts LLP is acting as Data Deposit Box's legal counsel.
 
About HostPapa Inc.:
 
HostPapa, Inc. is an established web hosting and cloud services company headquartered in Burlington, Ontario, Canada, with a large base of small business customers around the world. HostPapa has been accredited with an A+ rating by the Better Business Bureau and garnered multiple industry awards since its inception in 2007. More information about the company can be found at www.hostpapa.com.
 
About Data Deposit Box Inc.:
 
Data Deposit Box is one of the world's leading cloud backup and storage providers for IT Resellers, Managed Service Providers (MSPs), and Small and Medium Businesses (SMBs). The company's patented technology allows SMB's to backup and manage an unlimited number of devices (including Windows, macOS, iOS, Android, Synology and QNAP NAS) with one, easy to use app.
 
Since 2002, over 350,000 users and 200+ partners, in 53 countries, have trusted Data Deposit Box to bring them Protection Peace of Mind™. The company's patented technology is backed by an industry leading Protection Guarantee™. For more information about Data Deposit Box, visit www.datadepositbox.com.
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