Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by luther30 on Jan 04, 2018 8:24am

Question

Can someone from the seasoned veterans helpe out.  Why do you feel this is a no brainer under .20 and do your own DD.  I've done my own DD now and yes it seems cheap.  But can I get a recap please. I'm not an expert reading the financial statements but it looks like we're making some revenue over here but still losing money.    Thanks ahead of time.
Comment by slowrideasy on Jan 04, 2018 10:36am
One important point that I am focusing on: Our company offers Cloud solutions. All the big players are worried about security and are investing in Blockchain technology to secure important data and private business material. We have just include some Blockchain to some of our key features. We have a patent on some of these features and that means we obviously have an edge for something with our ...more  
Comment by BoJackson777 on Jan 04, 2018 10:40am
Just make sure you wrap your head around the proper share count. As per their latest Form 7 (Dec 2017) they have 72M shares outstanding. Add the 23M warrants, and the 12M in stock options they issued on Dec 12th to employees, and the fully diluted share count is just a tad over 100M
Comment by slowrideasy on Jan 04, 2018 10:45am
What am I missing Bo? Both Stockwatch and Stockhouse are showing 34 million shares.... If what you are saying is correct, then our valuation is about right, or perhaps I may be undervaluing the valuataion a little.
Comment by BoJackson777 on Jan 04, 2018 10:48am
I am saying the stock trades on the CSE. Look at their monthly report (Form 7) - Stockhouse and Stockwatch aren't a reference for accuracy.... https://thecse.com/en/listings/technology/data-deposit-box-inc
Comment by slowrideasy on Jan 04, 2018 11:18am
Ok thanks....I would prefer to be accurate.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities