D-BOX : PROMPTED BY MAJOR SHAREHOLDERS TO UNLOCK VALUEI have just got a clip that 2 major shareholders have asked the Board of Directors back in December 2019 to unlock shareholders' value. They were forecasting a few months to have some announcement. With a share price almost to trigger a delisting, I anticipate that some news will come out shortly. Also, how can such a company hold an Annual Meeting of Shareholders in August 2020? I have written the following e-mail to company insiders, wondering if they will dare to reply to me.
Mr. David Montpetit / Mr. Steve Li
I am dumbfounded as to how a public company can be allowed to trade at $0.04, without the fate of going bankrupt?
D-BOX has a 52-weeks HIGH/LOW share price of $0.18 - $0.03, which is appalling.
It would serve no purpose to proceed to a share roll-back with the current 175 million float, market capitalization of nearly $7M.
Massive buying of DBO shares by company insiders indicates undoubtedly that talks are ongoing about the company's future.
Echelon Partners' Managing Director Rob Goff's $0.25 target price appears to be the highest possible return for shareholders given current financial status.
Hoping that D-BOX will end in a positive way.
Minority shareholder
D-Box Technologies Inc.
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Mar 12/20 | Mar 12/20 | Li, Steve | Indirect Ownership | Common Shares Class A | 10 - Acquisition in the public market | 483,000 | $0.050 |
| Mar 11/20 | Mar 10/20 | Mcmaster, Claude | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 187,500 | $0.060 |
| Mar 10/20 | Mar 10/20 | Montpetit, David | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 50,000 | $0.060 |
| Mar 9/20 | Mar 9/20 | Montpetit, David | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 250,000 | $0.068 |
| Mar 9/20 | Mar 6/20 | Robert D., Copple | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 100,000 | $0.073 |
| Mar 8/20 | Mar 6/20 | Gemme, Yannick | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 74,000 | $0.070 |
| Mar 6/20 | Mar 5/20 | LaBerge, Richard | Direct Ownership | Common Shares Class A | 00 - Opening Balance-Initial SEDI Report | 138,500 | |
| Mar 5/20 | Mar 5/20 | Chamberland, Denis | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 280,000 | $0.070 |
| Mar 6/20 | Mar 4/20 | Robert D., Copple | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 50,000 | $0.077 |
| Mar 4/20 | Mar 3/20 | Martin, Luc | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 206,250 | $0.080 |
| Mar 3/20 | Mar 3/20 | Chamberland, Denis | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 220,000 | $0.075 |
| Mar 3/20 | Mar 2/20 | Mcmaster, Claude | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 312,500 | $0.080 |
| Mar 3/20 | Feb 29/20 | Mailhot, Sbastien | Indirect Ownership | Common Shares Class A | 10 - Acquisition in the public market | 250,000 | $0.079 |
| Mar 3/20 | Feb 29/20 | Mailhot, Sbastien | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 62,500 | $0.079 |
| Feb 18/20 | Feb 18/20 | Halde, Jean-Rene | Direct Ownership | Common Shares Class A | 10 - Acquisition in the public market | 300,000 | $0.085 |