Post by
Resilience19 on Apr 04, 2022 6:48pm
Managing expectations
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.
Comment by
dirtydzn on Apr 04, 2022 7:10pm
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.
Comment by
Hoover69 on Apr 04, 2022 9:45pm
Totally agree with your comments dirty/astute. It appears that many posters are defensive on behalf of Marshall on these issues, and while the buck does stop with him, the CFO could/should be a key support in delivering on these requirements. IMO.
Comment by
Thecook100 on Apr 04, 2022 11:05pm
Well...good luck to you guys/gals. I am comfortable w my position :) GL all longs :) see ya in a couple months (I won't be posting as I can't next 6 to 8 weeks. GL anyways :)
Comment by
Thecook100 on Apr 04, 2022 11:07pm
Don't be stirring the pot....if you know what I mean :) long Dm :)
Comment by
Yeehaw1 on Apr 04, 2022 11:23pm
Agreed... no need to attend.... tomorrow MG will be exactly reading off of this post.
Comment by
Thecook100 on Apr 05, 2022 12:12am
Lol. .......sigh c'mon really. You guys puffin on the wacky tobacci or we going down ;)
Comment by
Leonovus2017 on Apr 05, 2022 12:55pm
Well Judoka, almost the same responses you identified, but a couple worth listening to... otherwise, another joke of a discord. MG is excited, but we shall see for Q4 and the upcoming Q1 results. If nothing good arises from the Q4 and Q1 fins, I will flood my shares for sale as I don't see huge changes in management anytime soon.
Comment by
MUTDMUTD on Apr 05, 2022 2:13pm
...I respectfully and fully disagree with your comment, although I fully expected to see something of that nature... Go ahead, "flood" your shares... There are many of us willing to pick them up.... Also, if/when you do that, don't look back at the DM SP, ever, no matter how tempting it may be, because it won't likely fair well for your mental health.... All IMO. DYODD.
Comment by
Leonovus2017 on Apr 05, 2022 2:27pm
But, if by chance it goes up with the good news, you're stuck with my comments that they can still do better... this stock should be at least 50c right now with the $40m contract alone... but, it is not from the way the company is ran whether you like it or not. No focus and no on-time deadlines = no major investors. This means no interest to push the stock to reasonable levels.
Comment by
MUTDMUTD on Apr 05, 2022 3:44pm
...guessing you're not a fan of the "DM TO THE MOON" sign off then... DM TO THE MOON!.... ALL IMO. DYODD.
Comment by
swyint123888 on Apr 05, 2022 3:46pm
you are of no consequence to my investing bud......but I heard William Shattner is gonna be DM spokesperson lol.......the moon aint even close bud
Comment by
Rabiger1289 on Apr 05, 2022 5:01pm
MUTD, DM is still flying a kite, the moon will have to wait
Comment by
Resilience19 on Apr 05, 2022 5:58pm
Yes mason, we all know rabiger is your new pseudo, so we'll all give you the level of attention commensurate with your profile, that is, not very much.
Comment by
Leonovus2017 on Apr 05, 2022 5:04pm
Right on Swynt, I'll be positive again when changes are made that is aligned for focused growth and for us shareholders long waited for profit
Comment by
MUTDMUTD on Apr 05, 2022 3:42pm
...sooooo good... I was laughing the whole way through because it's all true.... You mean they don't have my best interest in mind and don't care about me? ... LOL... Classic, I love it!
Comment by
StuGatz3579 on Apr 05, 2022 3:42pm
Heard the same thinking from the scrn board right before management pulled an rs on its invenstors. Pumpers/bashers for the most part have their own agendas. There are some good folks on both sides. SG3579
Comment by
Rabiger1289 on Apr 05, 2022 4:58pm
korupsion, And the other a Pumper!