We have been keeping a very close eye on DOMK, for the past few weeks because with the financial statement that they have released, showing continuously increased revenue. When looking at these most recent reports, they seem to foreshadow that DOMK is right on the cusp of seeing not only incredible revenue but full on profitability in the relatively near future, which is something that the vast majority of Penny Stock Picks, rarely manage to attain. This excerpt from the most recent press release, goes to show just why it is that we believe that profitability is right around the corner for DOMK:
"The operational loss for the quarter was $439,888 compared to $5,760,097 for the same period last year. The operational losses for the 9 months to date was $1,473,285 compared to $7,874,320 for the same period last year. Net loss per share improved to $0.02 from $0.30 for the same period last year. DoMark's total assets have increased to $1,555,289."
So the operational loss for the third quarter ending February 28th, was $439,888 while the loss for that same quarter last year, was over 5.7 million dollars. That sort of rapid improvement lies testament to how quickly this company has been growing and why it is that we continue to see it as a very strong candidate, as we move forward. The strength of DoMark lies especially true, when pitted up against the vast majority of the Penny Stock Exchange, in comparing it to all these other OTC companies that have not even yet to establish a revenue stream, let alone actually have any sort of expectation to become profitable within the foreseeable future. The company actually stated itself, within the last press release, that they believe that they will be fully profitable soon.
While DOMK is a very strong play, management here is not too big on releasing steady corporate updates, which can be a very good and bad thing. On the good side, this means that rather than create hype, management prefers instead, to rely on more greatly establishing the company. This is always something that we look for because it usually tends to be those managing directors that stray from hype and choose to focus on actual business, that see the greatest successes when it comes to truly growing their organizations. The bad side of this though, is that as we all know, a great deal of the investments in the OTC, rely on hype to garner increased interest for companies because without it, even the greatest companies with strong profits, can tend to be too unknown to garner serious investors. We released DOMK to our Penny Stock Dream, Penny Stock Newsletter subscribers because we feel that they have shown a true devotion to doing right by their shareholders, while simultaneously providing just enough information to keep investors interested as they continue to grow.
We will certainly continue to keep a close eye on this Fast Moving Penny Stock Pick and believe that there may very well be an intense push to the upside by the end of the year. It may take a while because they stay from hype in a Small-Cap market that craves it but they seem to be doing right by the business side of things and at the end of the day, that is what counts the most.
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