e-ore
6 years ago
DMCD back in the news recently. Apparently their 2013 report on the Blackberry 10 not false, judge allowing case to proceed. Not sure how it would financially benefit DMCD, other than to restore their reputation a little :)
"Mar 20, 2018, 8:53 AM by Eric M. Zeman @phonescooper
BlackBerry's hope to squash a lawsuit has been dashed by a U.S. judge who says the legal proceedings can move forward. Plaintiffs allege BlackBerry "inflated its stock price and defrauded shareholders" by suggesting sales of BlackBerry 10 handsets were much better than they really were. The case was originally dismissed in March 2015, but new evidence suggests there's merit to the accusations. A retailer called Wireless Zone compiled data that showed a high return rate for BlackBerry 10 handsets. James Dunham, former CEO of Wireless Zone, sold that data to Detwiler Fenton, which generated a report detailing consumers' general dissatisfaction with BlackBerry 10 phones. BlackBerry's executives publicly said at the time that Blackberry 10 owners were in fact "satisfied" and the company insisted that return rates for Blackberry 10 handsets were βat or below our forecasts and right in line with the industry." It is these statements, in light of evidence to the contrary, that the plaintiffs say misled investors and eventually led to shareholder losses when BlackBerry 10 collapsed. BlackBerry did not comment on the matter, which now heads to trial."
https://www.reuters.com/article/us-blackberry-lawsuit/blackberry-must-face-revived-u-s-lawsuit-over-blackberry-10-idUSKBN1GV2XY
e-ore
6 years ago
DMCD .05 x .07
From otc markets, "transfer agent verified" there
Outstanding Shares 2,721,122 06/06/2018
Market Cap 163,267 06/06/2018
Authorized Shares 20,000,000 06/06/2018
"Detwiler Fenton & Co.,(the "Company")is a wholly-owned subsidiary of
Detwiler Fenton Group,Inc.("DFG" or "Parent"). In January 2017,
the Company determined industry sector reports provided to its
clients were not subject to industry regulation. Accordingly, the Company transferred
the assets and liabilities associated with its capital markets institutional research
business to its Parent (DMCD) and immediately ceased the operation of its trading securities
desk.
In 2018,the Company will focus on expanding its revenues from existing or new
investment banking or financial advisory clients
Beginning in January 2017,the Company received executive, financial, computer
systems and support, human resources and compliance services from its Parent at a
monthly cost of $8,600 totaling $103,200 for the year ending December 31, 2017
At December 31,2017,the Company does not owe any intercompany
amount to its Parent and the Parent does not owe the Company any intercompany
amount. Additionally, the Company issued dividends to its Parent totaling $145,000,
which consisted of $100,000 in cash and $45,000 in the form of net assets
Werbe
7 years ago
LOL What in the blazes
Share Structure as of 04/20/2018
Authorized Shares 20,000,000
Outstanding Shares 2,721,122
Unrestricted 2,721,122
So many weirdo tickers.
https://www.detwilerfenton.com/
https://twitter.com/DetwilerFenton
https://www.otcmarkets.com/stock/DMCD/overview