Super shady stuff.
Dragontail released a new investor deck yesterday.
--- Slide 24: cherrypicks a month from each quarter and then annualizes that month to show a annual number. Highly misleading and unrepresentative of the actual business. I reckon the ASX will take issue with this.
---This corroborates channel work that shows DTS changing their price to goose up financials in the short term in the hopes of raising capital because they are running out of cash. (DTS has been charging new trial customers an upfront fee with little to no payments on the back-end).
---It appears the market has caught on as the stock closed down following its press release yesterday and investor deck.
Conclusion: Misleading investors on financial health + Running out of cash + Inability to Raise Capital = Death Spiral.
DTS Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
