May. 23 at 5:08 PM
$DBMM Well. 3 more hours to go in this trading week, and then 4 business days to go in the 3rd Q (Monday being a holiday). It is unbelievable to me that DBMM's CEO Linda Perry continues to stand behind her "
$1M revenue in fiscal 2025" prediction. They have not signed on a single new client in 2025 and current financials show that they have apparently lost their only US client in 2025 (ZERO revenue from the US in the 2nd Q)! How the heck does any DBMM investor come to grips with that reality that
$1M in fiscal 2025 revenue is practically an impossibility??
Unreal that Perry made a public announcement, basically promising that revenue level to current and prospective investors. She will be lucky if she isn't called on it and fined (at the very least) by the SEC.