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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

Data Deposit Box Inc > True Share Value .
View:
Post by tallguyinvestor on Sep 01, 2018 1:37am

True Share Value .

Lets DO the Math 98,559,577 in Common Shares Divided by $5,806,830.00 Equals .16.97 per Share .( Not including Tim and his Teams HARD WORK and Sweat Equity) In other words all the Ground Work and perseverance is behind us to make this into a WORLD CLASS COMPANY . TGI GLTA
Comment by ezemoney on Sep 01, 2018 3:07pm
You by yourself cannot arbritarily write up assets especially computers.  Accountants would laugh at you.  Your math is absolutely wrong.  Net assets value with your write up is .05c per share, with the actual assets it is .035 cents. I see posters doing this all the time fudging numbers to look better than they are.
Comment by tallguyinvestor on Sep 01, 2018 5:08pm
What I meant was DDB,s Lease Obligation of $ 5923.00 per month for there computers ended on June 30th 2018. I can see what your trying to say. But I see a lot more than a Market Capitalization of $4,200,000.00. Thanks for your input .
Comment by ezemoney on Sep 01, 2018 6:33pm
Your welcome TG.  I should add that almost all the junior stocks on the venture trade higher than the per share mkt. cap.  This is probably attributed to the good will or a trading premium to an operating business that shows no signs of closing or bankrupcy and a general positive outlook but the premium is limited to a trend or outlook in increasing revenue or profits as the market is ...more  
Comment by PennyToBuckGOD on Sep 01, 2018 7:51pm
Yes I agree. Volume dropped off big after sitting near 6c
Comment by PennyToBuckGOD on Sep 02, 2018 2:01am
Btc up to 7.2, hope to see some gainz
Comment by tallguyinvestor on Sep 07, 2018 8:18pm
Hi There ezemoney . If you don't mind me asking . What are your Thoughts about todays events .Ps I have not Sold any of my Shares.TG
Comment by ezemoney on Sep 07, 2018 11:32pm
Hey there TG! I had to read the news release several times to try and get a handle on it and what the company is doing.  It's not synergistic and they don't mention a diversification plan so it meant little sense at this point.  I never even heard of such a thing before. I though fine lets look at the numbers...there is no numbers so that was out too.  I need to see some ...more  
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