Jun. 28 at 10:07 AM
$DBGI @Hunter7235 You're right that they took a loan, but I don't see it as a negative.
I think you're looking at the surface, not the full picture.
9-month bridge loan: It's a very small short-term loan and the filing explicitly states "for general working capital" matching the rollout of the first GCC orders and the warrant situation. It's a temporary operational funding, not a survival loan.
No inmediate dilution.
They chose debt instead of issuing shares at these prices.
They wanted to avoid dilution at current levels and hopefully no more dilution with the growing of the revenue.
CEO buying.
Afterward he made a massive open-market purchase with his own money, the equivalent to 3 years of his salary. That's highly unusual for a company of this size.
Short interest.
The latest report showed short interest up 50%
2,58 m shares and 0 warrants..
I'm here because of the new guidance and the CEO's conviction shown through his buying. Patience.
