Post by
Investor10X on Oct 26, 2021 9:59pm
DM
Nice start to the week. Volume has been picking up over the last few trading days. I'm still a little disappointed in the current share price, as I'm sure most of us are. With a $50 million guidance given for one production company this stock should be trading over $0.60 by now.
In the meantime, I certainly like the five verticals that DM has developed - AI (Nexology), MediCall, drone, Financial Tech and Covid. It gives the company diversity and allows for a number of different sources for revenue.
I am extremely pleased to see another million dollar AI contract. I'm sure there are many more to come. Given the clean balance sheet and the financial cash position this company is in, they will continue to get larger and larger contracts. It would be nice to see all divisions of the company bringing in revenue at the same time. We could see this sometime in Q4.
The bashers are certainly running out of things to bash about DM. According to them, we should be worried about the dilution of the stock due to warrant conversions. Well, all my calulations that I have given in the past have included a fully diluted stock and those numbers (i.e. stock price) for the stock continue to look great! Plus, don't forget, if or when those warrants get converted it will add addtional cash into the company's bank account.
Another poster had asked about the 7-11 contract. If I recall correctly, MG had mentioned that DM's part of the contract, that is the AI part, is running the way it is suppose to, but things are being slowed down due another part of the contract by another company is not quite working correctly. So it is my understanding that they are waiting on the other company to correct their issues.
Exciting days, weeks and months ahead!
Comment by
CandyC on Oct 26, 2021 10:29pm
Might be $0.60 sooner than most think.
Comment by
Hoover69 on Oct 26, 2021 11:11pm
Candy, I am interested in your thoughts as to why the stock price will increase by over 300% - sooner than most think?
Comment by
CandyC on Oct 27, 2021 12:35am
If they get a portion of the $40 million contract, even $8 million, then I'd think we'd take out the 0.36 high. Plus spin-off contracts could take it there. Add in medi
Comment by
themason on Oct 27, 2021 9:33am
DM could be trading at .60 but the market is in a wait and see with this company. Have you noticed that as Ai contracts and possible Ai contracts are announced the price starts to climb but when huge testing figures are announced it tanks.
Comment by
MyAli4s on Oct 27, 2021 9:38am
This post has been removed in accordance with Community Policy
Comment by
JWING17 on Oct 27, 2021 9:43am
Once again ......MyAlibaba get off the DRUGS.
Comment by
MUTDMUTD on Oct 27, 2021 9:54am
... I know you didn't miss the fact that Andrew just went Korea and came back with almost $1M in contracts from 3 large companies: Samsung, Lotte, and Shin Financial... all being substantial and verifiable... All IMO. DYODD.
Comment by
MyAli4s on Oct 27, 2021 10:01am
This post has been removed in accordance with Community Policy
Comment by
PercySweetwater on Oct 27, 2021 10:03am
MyAli4s, are you saying that DM never made any money (profit?) on their AI contracts? If yes, can you please post some evidence to back up your claim.
Comment by
MyAli4s on Oct 27, 2021 10:09am
This post has been removed in accordance with Community Policy
Comment by
PercySweetwater on Oct 27, 2021 10:15am
I have been through the financials, several times as they were posted, and there is no way to determine if individual AI contracts are profitable or not. Can you post something specific to back up your claims?
Comment by
Oden6570 on Oct 27, 2021 10:23am
Stop chasing your tail , the guy is a scalliwag/basher like most have done here put him on ignore.
Comment by
PercySweetwater on Oct 27, 2021 10:30am
Ok, note to self: stop feeding the trolls.
Comment by
MyAli4s on Oct 27, 2021 10:40am
This post has been removed in accordance with Community Policy
Comment by
baggerx99 on Oct 27, 2021 10:50am
myali, give yourself a rest, you are obviously not a shareholder so why don't you just STFU and move on......you are poison and seems it brings you joy.......????
Comment by
forthemoney on Oct 27, 2021 4:04pm
My ignore list is getting longer ... I've enjoyed this board so much more now that I never have to read <> comments ... GLTA
Comment by
subbzthehun on Oct 27, 2021 9:45am
Just fact cheked this, you are wrong. Go look at 3-6M chart in accordance with releases...
Comment by
themason on Oct 27, 2021 10:11am
subb, you are right, on most of those dates, i can admit when i am wrong. thanks
Comment by
forthemoney on Oct 27, 2021 3:53pm
Appreciate your post @10X ... always good to read your thoughts re DM. GLTA