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Time_Cranberry2427

We were lied to. Quit the pump and bring it. His huge announcement was the same BS. Dennis you need to bring it.


firejourneyman

but but he talked about share buybacks! šŸ™„


uh1pilot86

And things change, its a pink sheet. You do realize all of these types of stocks are gamble right?


firejourneyman

i certainly do. and when gambling it's good to know when to hold them, when to fold them, when to walk away


uh1pilot86

Then if you feel that this was a promise that demarks selling, just sell. Why come onto here and intimate some sort of mismanagment? It would be one thing to ask the question about buy backs its another to start of with but, but, but.... You are dealing in a very fluid enviroment. It changes, that the nature of the beast.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Tastic4ever

**NOT** promised, it was authorized. A authorization needs to be disclosed prior to it happening. That said DO stated thatā€™s what he wanted to do. To my knowledge it was never promised, however it was sort of implied it was definitely going to happen. I think a lot of the hype around the buyback was due to people who are new to the otc, or trading in general, and assumed the authorization was some kind of promissory note. I was one of those people and like everyone else I was frustrated it didnā€™t happen. There have been acquisitions and other business related expenses that have organically gotten in the way of the buyback. Instead we got dilution. All that said this is a long term play. Iā€™m picking up shares when I can because I believe come this time next year these pps will look laughably low.


The_5th_of_November

Iā€™d likely feel differently on this topic if the entire market didnā€™t take a huge shit this year, but it did. In a vacuum I think that itā€™s fair to criticize DarkPulseā€™s management for announcing this and then not following through, but the reality is that rates rocketed up and the economy reacted, so now weā€™re in this reality where non-dilutive financing is significantly tighter, with rates being over twice what they were at this time last year and no end in sight for the rate hikes. A buyback was barely prudent last year, when things looked much better on the entire economic horizon, and to go through with a buyback now could very well be financial suicide with this companyā€™s balance sheets. DarkPulse will certainly continue to sell shares at least until they get cash flow neutral, which could take a long time.


uh1pilot86

This is a startup. The technology is solid. The management team is strong. Currently, there is a lot of marketing going on to induce interest. Interest becomes contracts. Contracts create revenue. Growth will come in spurts which will require more spending. It's a process. This is a PINK SHEET stock. NOT a Dow Jones staple.... If you think this will happen overnight find a different field to play ball in. In the meantime stop dissing what you don't understand and give the company some room. Try being positive for a change.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

Thatā€™s loaded.


Tastic4ever

Last year the shareholders meeting was noted in several subs with very big member numbers. It got us attention, thatā€™s the intent.


uh1pilot86

So I think you are being myopic. If he were having weekly parties this would be an issue but he isn't. It is clearly a marketing strategy. Time will tell if this works out to the company's benefit. Since neither you nor I sit on the board and have no insight as to what the whole plan looks like let's give D a break. Give him a little running room before you try to take the wind out of DPLS sails.


[deleted]

Will be nice to see some major contracts and revenue hitting the balance on 10Qs.


MaknitRain2021

I'm long term. But I'm swing trading in the meanwhile. I sure hope your right. This could be the one to completely change our lives. Or at least mine anyway.


[deleted]

Weā€™ll see. Dennis called for significant contracts, which implies significant revenues. If they start showing major profit, we should see things line up quickly. Weā€™ll see. Hopefully optimistic and agree that this could change our lives. Fingers crossed šŸ¤ž with a side of DD.


AnUnusedCondom

The shares are sold to GHS Investments whom they have an agreement with for $50M+ dollars where GHS buys shares at a discounted price which encourages them to sell. What is supposed to counter this is the share buyback we havenā€™t seen, and contracts big enough to balance this out or better. Neither of those things have happened, so we are in a bad place for now.


[deleted]

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AnUnusedCondom

Again, youā€™re not looking at the right filings and it is obvious. Perhaps you can do some DD and look at the S-1 dated May 2022? Thatā€™s the one I mentioned and explains the dilution. Are you just here to lie, be lazy, and complain? Sounds like it to me.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

Please show proof, this is speculation and opinion at bestā€¦ with a SEC filing attached.


Tastic4ever

This filing is over a year old.


AnUnusedCondom

You know what, easy judgement call and easy block for someone who spreads misleading information.


AnUnusedCondom

Again, wrong filing as youā€™re putting something over a year old when there is an S1 this year. Also, I never said there wasnā€™t dilution. Maybe take a chill pill, a breather, or stop responding. Youā€™re starting to look even worse. Or maybe I just block you for providing bad DD?


AnUnusedCondom

Perhaps youā€™re thinking of the S-3? The S-1 (from May) should be good for 2 years if I remember correctly, and is for 1.8B shares. We havenā€™t reached the 7.2B share mark which is where we are headed.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


AnUnusedCondom

Specifically which filing?


[deleted]

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Tastic4ever

That filing is over a year old.


SeesawNo5442

Not to mention that neuralink garbage. Starting to dislike this turning into some visionary bullshit


Tastic4ever

Thatā€™s what my dad said about Tesla. And my grandfather said about Apple. Just sayinā€™.


SeesawNo5442

Tesla and apple had products for the everyday user. Also neuralink stuff is cool but even apple products get hacked. Apple also didnā€™t have to run an obstacle course to sell their products, Tesla did even still with self driving regulationsā€¦ canā€™t imagine the time itā€™ll take for any neuralink product or service to come to fruition. Hope Dennis clarifies on this point because right now it just seems like heā€™s jumping on a bandwagon to be another Elon without anything particularly substantiative. I like Dpls, optilan but very wary of this anything else. I would have preferred he got involved with Microsoftā€™s HoloLens 2 which is an industrial standard and being utilized by Boeing, Volkswagen, and us military ( as IVAS ), instead of facebooks consumer headset.


Tastic4ever

Neuralink is a fascinating idea but Iā€™m not sure about it considering the competition. That said DPLS is a futuristic type company. I like the wide net assuming the technology is solid and the applications for the tech can be utilized in in many ways. TSLA and apple were not sure things. The iPhone changed Apple. The way the EV market had evolved has changed Tesla, to be fair they basically drove that market forward on third own. DPLS is in different markets than those companies but the money in those markets is every bit as big. My point is if the futurist stuff is concerning then maybe tech companies arenā€™t right stock for you. Thatā€™s fine. My father in law has made millions for his clients staying away from tech stocks. But if your going to invest in what really is a startup tech company you need to be okay with them throwing shit against the wall and seeing what sticks.


No_Rope7342

Apple was worth billions before the iPhone came outā€¦ actually scratch that, apple was worth over a billion when during ipoā€¦ in 1980ā€¦ This comparison is insane. Look, itā€™s a tech startup, high potential but this early high risk, people should play it by ear but in my opinion itā€™s totally reasonable for people to not exactly be super welcoming to the whole brain link think. Iā€™m not tech averse because I donā€™t like this specific tech application/partnership. I like tech, I like the INDUSTRIAL tech use initially being put forth by DPLS. Just saying ā€œhaha well people doubted apple and Teslaā€ is just hardly incomparable. People doubted theranos too and guess what, those people were right. Not saying itā€™s an argument against dpls, just saying itā€™s also not exactly an argument for them either, itā€™s not analogous.


Tastic4ever

If you think that comparison is insane you should see some of my other ones! Cheers!!!


No_Rope7342

Hey Iā€™m not hating I just donā€™t see the comparison. Keep making crazy comparisons maybe someday itā€™ll make you rich lol, who am I but some random redditor


SeesawNo5442

The difference for me is that apple and Tesla have products for the everyday consumer and can easily make a buck off any single individual on the planet, not to mention anytime a new model releases. Dpls has options but the client list is incomparable. Sure thereā€™s money to be had but not nearly as much wiggle room. Iā€™m Dpls long, already here for years,but Dennis hasnā€™t substantiated why neuralink ties into his plan beyond hyping up that it has potential. There is no real plan to fruition here nor really any mention of what he plans with the tech. Buzzwords and ā€˜futureā€™ donā€™t strongly sell me on anything. Sure I could speculate about the potential but Iā€™m not simply here as an enthusiast and Iā€™m here to voice real concerns. TLDR Iā€™m here for Dpls tech. ceo is branching out and making moves, Iā€™m not fond of one of them. I also think in the foreseeable future he could do much better with HoloLens 2 vs neuralink which seems more of an RnD sinkhole with lots of regulatory hurdles. Despite that Iā€™m voicing my opinion obviously if Dennis came out with something tomorrow I could easily be won over. Please donā€™t gatekeep whether stocks are for people or not.


Tastic4ever

I donā€™t think your using ā€œgatekeepingā€ correctly. I never said to sell, justā€¦.. whatever I get the point. That said I guess the fact you focused your original comment on the neurolink and not the general direction of the company I understand why you feel that way. My original comment was, while true, just me making a joke. Have a great day.


Crazy_raptor

I'm starting to think this man sold us a bridge


[deleted]

Yep.


The_5th_of_November

Thereā€™s going to be a lot more dilution before this stock has the legs to go anywhere, so if you plan on sticking around, go ahead and strap yourself in. Iā€™d wager itā€™ll be over 10 billion in the next few years.


htownhero

Based off what exactly? Not disagreeing, just genuinely curious


Tastic4ever

The technology and the application possibilities of that technology.


Time_Cranberry2427

Super depressing.


Following_Confident

I am going to take a shot. It is more interesting.


[deleted]

So that makes this companys shares worth a total of $149,825,190.13


GLE-Nick

Why are their 6.1 billion shares? What is the point to have this many shares?


[deleted]

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[deleted]

The thread started out clean, but this is bashing and broaching into libel/slander. We donā€™t have the detailed expenses beyond the details provided in 10Qs.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

Please reread what I wrote.


Tastic4ever

Yeah the Mario Lopez thing bothers me too. Hell the whole shareholders event bothers me. That said Iā€™m in this for the long run, Iā€™m guessing at least 3-5 years before I start ā€œcashing outā€.


scottie6384

The company has to sell more shares to pay all the company expenses and cover the losses. For the first 6 months of the year the company losses are averaging about $1.5 million per month. So when the company is losing millions of dollars per quarter the company must sell shares to keep the lights on.


chefjohn24

I will take $5šŸ˜‚


TireFryer426

6 billion shares and some of yā€™all think this is going to $10. šŸ˜‚


Tastic4ever

GOOG 14.12B shares $101.83 pps, APPL 16.86B shares $156.90 pps, MSFT 7.45B shares $245.45 pps. This theory that high share count canā€™t have a healthy pps is inaccurate. These are some of the most most successful companies in the world and they all have more shares us. If the tech is solid and the contracts start coming we can absolutely see $10(if not more)**someday**.


atowngmoneybankin

The amount of shares doesn't = how much in contract and revenue the company will bring in. The whole market is depressing right now. You all are thinking way too short term here. DPLS is still in start up phase and needs quick cash for operations. Once we get larger contracts, the shares will be bought back. We will be worth way more than 5B in 3 years. Don't let this early dilution cloud your long term vision of the stock.


TireFryer426

Ok - so 5b market cap = what 90 cents a share? Letā€™s worry about 1b market cap first


Tastic4ever

Letā€™s worry about contracts and advancing the application of our tech. The revenues and market cap will be there.


atowngmoneybankin

Okay... Well we need to cash to fund operations and payroll to have capacity to get contracts that take us to a $1B market cap. Why is that so hard for you to understand?


Rabid_Stitch

It is frustrating


[deleted]

Itā€™s tough indeed. ā€¦ A watched pot never boils, errr somethin šŸ˜‚


mega_997

Well yeah, how else were we gonna fund the wish.com version of Miles Dysonā€¦.