InvestorsHub Logo

lucky, mydog

05/17/17 10:11 PM

#140526 RE: LOVE*PINK #140523

The Company delayed its filings in order to eliminate certain aged debt in order to attract non-toxic, mezzanine financing

lol. these jackasses think that's an excuse. i have news for them; the sec doesn't give a shit. if the company thought that was a viable excuse they would have answered the sec when the sec came a callin'. they didn't. these assholes are pathological liars, and they are welcome to tell the sec i said that. lol.

Stock Logics

05/17/17 11:34 PM

#140543 RE: LOVE*PINK #140523

I feel strongly all this will be resolved folks. Like that the company quickly addressed shareholders and the situation.

Good luck to all here. I think everyone will be fine.

All the very best,

X

reddy99

05/18/17 12:15 PM

#140683 RE: LOVE*PINK #140523

How come they didnt addresd it when they recieved the letter from SEC.They knew it will be suspended.what could be the plan behind all this i am very confused

Gooddolphin

05/19/17 1:53 PM

#140882 RE: LOVE*PINK #140523

Thanks for posting DollarTIME... (Definitely up to the company now)

johnydollar

05/19/17 2:18 PM

#140883 RE: LOVE*PINK #140523

Yep, if they play it right we should be up and running with no time, if you check on most revoked stocks it was not for delaying their fin but other items were in play.

abazaba375

05/19/17 2:28 PM

#140884 RE: LOVE*PINK #140523

Kaboom

space1230

05/25/17 6:51 PM

#141377 RE: LOVE*PINK #140523

Shows you how little their knowledge is to put out such a ridiculous, inaccurate statement. There is NOTHING for DBMM to "address" now. The time to "address" was 3/1 when the SEC notified DBMM in writing. When you ignore the SEC, they act and the SEC order CLEARLY spells out that they made an attempt to let the company get this right and DBMM did not. Now game over. DBMM is the sole blame for this. They are the reason why everyone lost all of the money. A company cannot just file extensions indefinitely and that is what the uneducated management of DBMM attempted to do. The issue will be "dealt with." Are they for real? It was already dealt with by the SEC

And I quote from the SEC order,

"
On February 27, 2017, a delinquency letter was sent by the Division of
Corporation Finance to Intellicell Biosciences, Inc. requesting compliance with its
periodic filing obligations, and Intellicell Biosciences, Inc. received the delinquency letter
on March 1, 2017, but failed to cure its delinquencies.
The Commission is of the opinion that the public interest and the protection of
investors require a suspension of trading"

https://www.sec.gov/litigation/suspensions/2017/34-80702-o.pdf

Company Website NEWS : DBMM UPDATE MAY 17, 2017

www.dbmmgroup.com/dbmm-update-may-17-2017/

DBMM Management is addressing the trading suspension announced this morning by the Securities & Exchange Commission. This issue is being dealt with as we have been very transparent about the subject of DBMM’s filings and the reason for the delays.

The Company delayed its filings in order to eliminate certain aged debt in order to attract non-toxic, mezzanine financing. Unfortunately, certain matters triggered the SEC suspension now, ostensibly the delay. The Management is addressing the situation and will be updating shareholders along the way.