RE:Managing expectations Other than meeting reporting requirements...AGMs are REQUIRED by the exchanges so yes, he is failing shareholders...institutional investors would view it as failing to meet requirements that are set by a regulatory body. I don't care how anyone spins it, it reflects poorly on the company.
Resilience19 wrote:
Going back 24 months DM was in disarray, with a sp of 0.01, debt, unproven AI and failing cryto (Ronin, GBLC etc). In short, it was on the verge of backrupcy. Fast forward to today and DM has a sp 16x what it was then, no debt, $20M+ in the bank, proven AI generating recurring contracts with some of the world's largest corporations (i.e. Lotte, Samsung), developing new promising verticals (eHealth, EV) not to mention securing a $40M national defense contract, alone representing 2/3 of its market cap (of appox $58M). MG has no control on DM's sp. He's mentioned this, repeatedly, during previous Discords. Yes, there are grammar and typos on its website and it's unclear to me why the AGM is delayed (although, honestly, I've never as a retail investor, felt AGMs were of much interest...). This said, I couldn't give a flying Hoot about those minor issues, insofar as DM executes (i.e. generates income through contracts - which it's been doing increasingly well, as its healthy financials and contracts confirm). It's also important to remind people that, other than meeting reporting requirements ( i.e. quarterlies/annuals), MG has little more obligation towards shareholders, other than trying to generate value. In my book, he's ticking all the boxes - repeating that he has little influence on the sp, other than by generating strong financials, which he is doing. He has no obligation to make time for the likes of Discords etc. I share people's frustration at the undervalued nature of DM's sp because I own what I consider to be a decent position in the company. But I know that I wouldn't be half as good as MG in managing the business, so I'm happy to support him as long as I feel that he's working in my best interest - which I believe he is doing. I think others on this board, and on Discord, should better manage their expectations or reduce their position in DM, if they can't sleep well, or simply move on to other stocks, which have less potential but perhaps have a sp that is better aligned with the value of the business. By their sheer nature, smallcaps are riskier and more volatile than larger caps, but offer higher risk/reward potential. To expect a quick multiple bagger is more akin to playing on betting platforms or at the casino. DM is a real business with increasingly huge potential. It's a matter of time before it's true value is reflected in the sp. Until then continued patience is called for. Those unable to wait should simply consider reducing their position. Whining won't change a thing other than, perhaps, motivating MG from becoming less available to interact with retail investors. My two cents.