Digital Asset Mo Stock Price, News & Analysis

Digital Asset Monetary Network (OTCMKTS: DATI) reported significant growth in its 2nd quarter 2021 disclosures. Revenues reached $145,000, marking a complete turnaround from no revenue during the same period in 2020. Assets rose by 21.13% to $1,983,538. Additionally, operational losses decreased by 72.27% to $213,194. Current liabilities also saw a reduction of 29.23% to approximately $1.71 million, driven by debt reduction programs. The company raised $218,500 in non-convertible debt to support its capital needs, focusing on growth and fundraising through the JOBS Act.

Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) is hosting its inaugural shareholder conference call on June 30, 2021, at 4:30 p.m. EDT. The call, moderated by Miguel Sanchez, will feature CEO Ajene Watson discussing the Company’s journey as a Public Accelerator-Incubator (PAI), current market position, and an 18-month outlook. Shareholders can ask questions live or submit them in advance. This initiative aims to enhance market understanding of DigitalAMN’s mission and operational updates, including a focus on extinguishing convertible debt and new business developments.

Digital Asset Monetary Network (DATI) announced its first Quarterly conference call and shareholder event scheduled for June 30, 2021. The call aims to provide operational updates and a strategic overview for the next 18 months. The company highlighted its recent alliance with MetaBronx, Inc. to bolster growth and development. Additionally, management plans to discuss efforts to extinguish convertible debt and participation in international crowdfunding platforms. This engagement seeks to enhance shareholder understanding of the company's direction and operations.

Digital Asset Monetary Network (OTCMKTS: DATI) has commenced an initiative to eliminate approximately 20% of its convertible debt, starting with settling existing obligations. Management revealed that around 50% of outstanding debts are linked to convertible notes. The restructuring aims to enhance the Company's balance sheet and reduce shareholder dilution, fostering a better fundraising environment. Over the past year, DATI raised over $600,000 in non-convertible debt as part of its strategy to mitigate reliance on future convertible debts. A shareholder conference call is planned for Q2 2021.

Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) has co-founded an international crowdfunding platform named TruCrowd Funding, Inc. with Vincent Petrescu, CEO of the top-rated equity crowdfunding portal, TruCrowd, Inc. This venture aims to leverage Petrescu's expertise in equity crowdfunding to capture a larger market share in a developing industry. The new platform is expected to expand its services into various regions, including Europe, Asia, and Latin America, enhancing DigitalAMN's presence in the financial services sector.

Digital Asset Monetary Network (OTCMKTS: DATI) has finalized an investment agreement with M3 World Consulting, owner of Goldfingr, to enhance its Public Accelerator-Incubator (PAI) Ecosystem. This collaboration aims to leverage Goldfingr's extensive network of high-net-worth investors and advanced technology for capital-raising opportunities. Goldfingr's Alchemy 2.0 platform, which has expanded significantly, allows members access to investment deals through AI matching. The partnership is expected to improve DigitalAMN's market visibility and assist its client-companies in securing funding.

Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) has formed a strategic alliance with Mass Ideation, Inc. to enhance its Public Accelerator-Incubator ecosystem. Miguel Sanchez, CEO of Mass Ideation, will oversee onboarding and accelerate client companies' paths to successful crowdfunding. This partnership aims to improve investment opportunities for startups and help diversify investments for both entrepreneurs and non-accredited investors. Initial discussions began in 2019, culminating in this alliance aimed at fostering long-term success for client companies.

Digital Asset Monetary Network (OTCMKTS: DATI) announced the operational readiness of its Public Accelerator-Incubator (PAI) Ecosystem, poised to support small businesses and investors. Management is eager to begin processing business, aiming to accelerate entrepreneurs and provide investment access to underrepresented investors. The PAI Ecosystem includes a funding portal, marketing tools, and a network of private investors. The company anticipates generating sustainable revenues and plans to upgrade to OTCQB status in 2021, following a rigorous development period over the last three years.