Replies to post #140898 on Digital Brand Media and Marketing Group Inc (DBMM)

[TradeForProfits]

that's a question for the sec and dbmm's council to work out imo

[sidedraft]

Because even if a company voluntarily files with the SEC, once they start filing they are required to keep on filing:

If their a voluntary filer why are the suspended for not filing?

Question 116.02

Question: A company that is not required to register a class of equity securities under Section 12(b) or Section 12(g) nevertheless voluntarily registers the class under Section 12(g). Since the registration of the securities under Section 12(g) is voluntary, can the company later stop filing periodic and current reports without first deregistering the securities under the Exchange Act?

Answer: No. Once a company registers a class of equity securities under Section 12(g), it is required to file periodic and current reports, even if the registration of the securities under Section 12(g) is voluntary. The only method provided by the Exchange Act and rules for such a company to properly cease filing periodic and current reports is to deregister the class of securities under the Exchange Act. [September 30, 2008]

https://www.sec.gov/divisions/corpfin/guidance/exchangeactsections-interps.htm