RE:RE:AI Revs From 2018 to 2022Citron, your comment is not correct. Prior to Covid DM hit a high of 37 cents. During Covid, which was when the company was making all that additional cash, the stock price trended down, as did all other penny stocks and blue chip stocks. The discussion on the board at the time was why DM wasn't getting credit for the additional money they were bringing in for covid sales and of course the constant response from bashers was that Covid was going to end the following month. Well, Covid sales went on for several years and even when DM banked about $20 million and then expanded and diversified the company, they still didn't get a jump in the stock price. The simple reason is the entire market has been in the dumps for the last three years and counting. Look at stocks in general.
The profits and revenue from covid sales unfortunately, never did raise the stock price so I'm sure every investor here would gladly take the 37 cent stock price before covid, as prior to covid DM was not a 1 cent stock it was 37 cents. LOL However, I'm sure we are all happy that they did take advantage of those years during Covid to make the additional cash and expand the company through diverisfication.
It's weird how the market works and it clearly fails to value companies appropriately because DM is a far better company on paper today at 7 cents than is was at 37 cents.