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Yes, yes. Seen it 1000 times. Has nothing to do with the topic at hand, I.E., uplist approval time-line. Geez!
Predicated on the length of time it takes for anything to get through the SEC, IMO, the '21 days' guess is just that -- a guess. Could happen in that time frame but probably not, particularly with the holidays fast approaching. In the interim, what is going to prop up the pps until something positive happens? A catalyst might be a solid PR from the company but for them to do so might be like sticking their finger in the SEC's eye. All IMO, but it certainly looks like this is headed straight down for a while.
The all-too-real convertibles are a greater threat than the probably non-existent shorts.
Yeah, huh? What a ridiculous concept.
Company PR? Probably not. Uplist? Not for another two weeks minimum. Looks like this puppy could be ripe for some good, old-fashioned shorting. IMO, of course.
How come the bounce from 'winning', albeit a refreshing change from the norm, was not significantly more robust? I mean, this thing bounced up over .007 just on the 'expert' level being attained. Sooner or later, the company's fundamentals will be making the difference -- one way or another. IMO, of course.
One might proffer that dbmm has 'won' the initial battle. The 'war' is still on the horizon. Until that time, chances of any form of PR (which would be like waving a red flag in the SEC's face), are extremely slim. Thus, more consolidation will, IMO, be taking place here. Down to .004 - .005, would be my guess.
The irony here is that without the past years of SEC imposed purgatory, chances are good this circus tent might have folded up for good aren't out of the question. The SEC stepping in just might have saved their bacon.
All IMO, of course.
Acknowledged.
Could not agree more. What's curious is, although it's obvious that 'MOMO' is in play, should not the dismissal have resulted in significantly greater interest than that being shown? Have their "wealthy family" benefactors stuck with them through the hard times despite less-than-inspiring financials? If not dealt with, those convertibles not only could, but will, have a negative affect on any momentum going forward.
Yes, an exit strategy should be part of a balanced plan of action.
All IMO, of course.
I would have thought the bounce after the judge dropped the case would have been more significant. Will another bounce occur once the official uplist? That's anyone's guess. But, IMO, one thing is dead-nuts certain and that is that investors are not going to invest in a company that shows no signs of life. Their K's and Q's have been dismal, at best.
Just sayin'.
Good luck with your endeavor. Have yourself some fun. You can bet the interest here will escalate rapidly.
I was checking out this picture and noticed something of interest. There's a sweet, bronze '57 Chevy between the two light stanchions. Check out the car immediately behind it. Might that be an El Camino with a heavy load? Looks to me like the rear end is dragging the pavement?
Cool pic and the site promises to be a good one.
Trainz
American Racing mags.
Orange seems to have made a huge resurgence. That color was AMC's BBO (Big Bad Orange). Just had her straightened and re-painted.
Wishful thinking.
Most of the "followers" loooong gone. Just sayin'.
No letters. Conspiracy theory.
'69 AMC Javelin
Was that not what was written in your missive? READ.
Sooooo, the SEC counsel is a "liar" and the SEC itself is "misusing their powers"? The conspiracy theory gets thickerer and thickerer.
You figure she agreed acuz she's "scared"?
Obviously inconsequential.
OMFW! Now the SEC is "scared"? Just another dbmm conspiracy theory.
Atty Williams being quoted now? If memory serves, wasn't someone here adamant about her being a "liar"?
Had dbmm adopted a less belligerent stance with the deficiencies identified, perhaps the result might have been more favorable?
Someone yesterday was looking to buy an 8m share block at 0.0008. No doubt a short looking to end the madness.
That (vacating a decision) would certainly be one answer but I simply cannot see how it is that for Atty. Williams following the letter of the SEC law is anything but simply doing her job.
One hundred sixteen (116) pages outlining what dbmm could maybe do if they only followed the rules to begin with. AKA, the Maranda Gambit.
Lest we forget:
Digital Brand has now filed the required information on its reporting controls for the 2018 annual report, but not for the four deficient quarterly reports.
CONCLUSION
Digital Brand has not cured the filing failures that led to the institution of these proceedings; nor has Digital Brand cured the deficiencies found by the Division of Corporation Finance in its more recent filings. Revocation is mandated here.
October 23, 2019
Samantha M. Williams
Securites and Exchange Commission
Division of Enforcement
100 F Street, N .E.
Washington, DC 20549
T: 202.551.4061
F: 202. 772.9292
williamssam@sec.gov
Counsel for the Division of Enforcement
Prolly because that's what she's being paid to do? Just spitballing here. You think King Reggie is telling her to agree with Atty. Williams?
Gotta go -- last word is yours. Go!
Why? (chuckle) -- dbmm desperation. Trying to buy their way out of a serious situation brought upon by none other than themselves would be a pretty fair reason. Whattayathink?
I dunno -- just to get that crap off their desks? The floor is yours. Why would Atty. Williams vehemently recommend revocation?
SEC Counsel Atty. Samantha recommending immediate revocation. Why?
No answer, eh? Shocking.
"Future potentials"? (chuckle) Have you READ the financials? READ!
Assumptions made predicated upon incomplete DD can be injurious to one's financial health.
Nothing. Happens. Until. The. Judge. Says. So.
The dump this time around was/is, IMO, those who jumped on the bandwagon thinking that something positive was taking place getting back out again. In fact, it was the "upgrade" to 'Expert' that was the catalyst for all the excitement which, as we all now know, has run its course. So it's back to the nuts and bolts of the thing -- ain't nothin' happening until the judge says so.
14 century spam. IMO.