I have been accused of being the perpetual bear on this fine company. It should be noted that I do NOT have a position in the shares either way. However, I have said before and I will say again that current management has been less than forthcoming in its disclosures. A failure which I abhor in general, and moreso when the lack of disclosure is intended to deceive the common shareholders.
For now, shall we outline a few questions which might be appropriate for management to address? Instead of fluffy press releases about "new luxury brand clients" a few honest disclosures may be enlightening.
Questions:
1) Are over 80% of revenues derived from motor vehicle manufacturers?
2) How many motor vehicle manufacturers have ceased to use DataDots in the last six months?
3) How many motor vehicle manufacturers have switched to competing marking systems and no longer utilize DataDots but do use a competitor's product?
4) Of those that quit or switched, what percentage of overall DDT revenues did those losses account for?
5) How many shares of DDT have been purchased (not options) by current management?
6) Of the DDT products, what percentage of total revenues are actually covered by the purported patents?
7) What countries are the purported patents actually ISSUED in?
Answers:
1) Yes
2) At least 4
3) ?
4) ?
5) Less than 500,000 shares or less than $15,000 worth
6) Zero
7) Australia only
For those of you posters who can do math and read, my suggestion is to pick up the phone and call Ben Bootle, CEO and King and ask these questions. I suggest using a tape recorder.
Now for all you bulls, I am open to your factual responses. Prove me wrong and I will humbly submit my apologies. But I think you will find that the man behind the curtain in OZ is wearing no clothes.
Woof Woof! Safe Investing to All!
BigDotDog
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