RE:RE:RE:Can someone please buyThat happened pre Sabestian Mailhot as new CEO. Remember the Mailhot took the reigns in April 2020 (onset of Covid19 and lockdowns). Dbox could have gone bankrupt if Mailhot was a poor CEO. Since then they have done a lot of key things, FIA certification, Cooler Master Chair, Jaymar Recliner, Ubisoft deal and not to mention the financing of $5.75 million. I think Mailhot inherited a company that was in a lull but now he is turning it around. Pre Covid this was a physical product driven thetrical company, post Covid this is now a home entertainment and gaming, technology driven direct consumer driven company now.
silentreader wrote: BeTheOne wrote: Just by on the thetrical comeback alone, I see Dbox slowly rising to $0.20 cents soon. The sentiment is fast changing on cinema stocks and once we hear that a blockbuster is being released all walls up to $0.20 cents will go down fast. Having said that, Cooler Master is unveiling the the Gaming Chair come June 01,2021 at Computex. I believe this will be the real catalyst for D-Box as then investors will start looking at D-Box from the point of view of a gaming stock. Right now there is a misconception out there that D-Box is only a cinema stock, while Dbox will benefit from the reopening of the movie industry I think the real goose that lays the golden egg for this company is the direct to consumer Gaming segment....imo...
ThunderLips1 wrote: 600 thousand shares to get rid of that wall at 10 cents. Thank you
You sure are a very optimistic person.
You do know that between mid-december 2018 until early january 2020 when noone was talking avout the Covid pandemic and the commecrial theatres were all operating normally the stock price dove from 0,185 to 0,10 right ?
With 44M+ more shares outstanding that shareholders suffred with the recent massive dilution, it seems like wishful thinking to me that the price will pop up quickly to 0,20 when it was struggling to stay above 0,10 before the pandemic.
The downtrend in revenue has been going on for years, nothing to do with covid. Management is only taking advantage of this situation as an excuse to cover their poor management of the business.
Just trying to bring some reality and historical context to this discussion.