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The shareholders know that the 10 wins rolled out is just the tip of the winning iceberg, which will grow and grow as it has since #1.
I by 1 stay tuned for pps and market cap up up and up. Uplist on its way.
DBMM is ready to rock n’ roll.
Shareholders are long and strong.
They know , particularly those who are portfolio investors, that those who are the short sellers and working for short sellers very clear for years! So it is really laughable to find yet the next (pretend) Apocalypse to try and you know exactly what I mean.
Yesterday was first day of the DBMM future step by step. The event is esoteric in nature and not an optic like CE removal. It is soaking and spreading.
LTIs supporting growth and future. Watch the pps and market cap go up every day.
Nothing will shake and scare shareholders remember that
Next
Correction $1.8 million
The Company has strong foundation from LTIs who have provided $2.8million in cashflow and is in it for the duration.
No Company pays off debt per se. Why???
The world has changed dramatically and the end is NASDAQ . All relationships are in it to win it.
Shareholders know 10 times now hahaha and oh 10 wins for DBMM. :)
Wrong again! Your statements false.
There is no toxic debt in DBMM. None.
Delinquent filings cured May 31,2018. More DUH! That is 5 years ago. Since that time OS increase is 5%.
Shareholders aren’t stupid. Certain Aged debt settled during that period.
Again shareholders are not to be mislead
Hahaha corrected same same so many times.
OS increased 5% since 2016–7years DUH!
The aged debt aka convertible debentures canceled via settlement in the Company’s favor and benefit.
By definition public companies use shares strategically. DBMM intends to grow both organically and by acquisition.
Pps and market cap will grow and shareholders and the Company will benefit —more and more.
Total nonsense!
more false and misleading statements.
Cashflow financing is the most efficient and effective financing vehicles in digital companies .
Pps and market cap up! Growth next up step by step
Win #10 in hand, on to #11.
$DBMM
It is laughable to use terms like “OTC knowledgeable.” Blue chip BOD experience has ineffective internal controls at top of list of moving people out.
My point is the is the Commission Board issue— using terms like “nuisance “ diminishes the gravity.
Read DBMM’s Press Release— breaching the Chinese Wall is fireable if it was a Wall St firm, vacuous excuses aside.
And no , the 42 companies more likely where DOE made errors and have embarrassed the Commission .
To have the SEC Dismiss 42 cases is not “microscopic..”
Internal controls are enormously important and the oversight of BODs and institution’s senior management. It this was a public company people could get fired.
How did they choose the 42 companies to dismiss out of the hundreds on the docket? Maybe the ones that DOE screwed up?
This is a very big deal. If a Company did this DOE would close them . Internal controls performance measurement for leadership.
No shares for short sellers. Nothing scares shareholders
Read MF’s last brief.
Those are facts and DOE was incredibly sloppy . An open court hearing would have been very embarrassing for the DOE.
First time a Dismissal by an ALJ had a PFR because they could. DOE missed the EdGAR filing by Corp Fin following the SEC Rules and Procedures.
Hubris, overreach and arrogance . Waste of both sides resources. Friday’s Dismissal to preserve the Commission’s resources? An internal controls screw up by the SEC very negative for the agency. There are no excuses.
DOE called to task.
https://www.sec.gov/litigation/apdocuments/3-17990-2021-03-26-respondent-appellees-brief.pdf
A professional roll out of information is appropriate. Step by step is the way to go .
How in the world can the statement be made that the “controls deficiency” had on effect on the proceedings? Where is the evidence? How did the SEC choose these 42 companies to dismiss? Why did it take years to determine to Dismiss?
Tremendous damage to
Companies in resources expended and overhang in reputation because the SEC Matter was deliberated continued for years. Damage caused by DOE overreach and hubris.
No whitewash allowed . Internal Controls are a fiduciary duty of the Commission, and theirs were ineffective.
Loans by LTIs as cashflow financing is the absolute best situation for funding a digital company. Silicon Valley companies swear by them.
Revenues do not belong in that paragraph. Revenues returning to $536k precedent, than beyond with growth initiatives.
Understanding public company Financial Statements are required
This misleads shareholders who already are fully informed
It is irrelevant if the excuse is that it was a “software issue”.
The reason they decided to dismiss 42 AP’s the legal liability associated with an SEC “controls deficiency” as stated by the SEC . No internal control issue has an excuse as the oversight is a BOD/Commission responsibility.
Having BOD experience I am telling you there are no acceptable excuses unless it is force majeure, an actual act of God, but Boards are supposed to have a contingency for even that!
Good Read... Although there are no recent updates, DBMM's 10-Q report, which was submitted on April 13, offers information about their recent performance. The report highlights an increase in quarterly revenue over the six-month period ending February 28, 2023, reflecting the company's ability to deliver results for its clients. Additionally, DBMM successfully expanded its client base during this period, further demonstrating the trust placed in its services.
Overall, DBMM presents an investment opportunity in the dynamic digital marketing industry, catering to businesses seeking to thrive in the digital landscape.
https://www.marketscreener.com/amp/quote/stock/EPAZZ-INC-111313555/news/CapitalGainsReport-4-OTC-Stocks-Gaining-Momentum-EPAZ-DBMM-GHAV-GTCH-44022469/
It is bordering on ludicrous to whitewash what the SEC called a “controls deficiency,” which required an investigation initiated by Gensler, was simply a software issue. Could easily have been engineered that way .
No way would they have dismissed 42 cases if no harm no foul. They covered potential lawsuits as to damage companies incurred because of delays and embarrassments DOE incurred because of their overreach or bullying.
Example: DBMM had a PFR on an ALJ Dismissal since 2019. Never had an ALJ Dismissal ever been PFR’ed before? The Company had almost 4 years of delays because of hubris and overreach. These 42 companies have been damaged.
Suggest that shareholders do their own Due Diligence opinions are just that.
Short sellers? I am proud to say that I have never shorted a stock. I move to issuers that I support.
A little too disingenuous for the beneficence of others .
Am a very strong supporter of DBMM, for all the right reasons. The hurdles overcome this far when they should have been able to grow the Company instead of reaudit when nothing to do with them.
The SEC should provide some quid pro quo for their control deficiencies which damaged companies for not maintaining the proper wall between adjudication and enforcement. That is a Commission requirement. If a wall st firm company did that between research and brokers, their license would be terminated, as would the individuals.
No Convertible Debt converted since May, 2016. None ever to be issued again by Corporate Resolution 2015. All in filings and audited.
No dumping. For the zillionth time. Everything DBMM does is to benefit shareholders.
Shareholders aren’t stupid
So are short sellers who think shareholders are stupid.
LTIs in it to win it! $DBMM
Shareholders know the drill to depress pps. The nonsense despite positive events and wins documented.
I conversely am a portfolio investor with majority blue chip investments. It is rare for me to be in the OTC , but have seen evidence of DBMM’s value as validated by Dismissal by the longest tenured ALJ and acknowledged mitigating circumstances, broker sponsorship for FINRA application and subsequent clearance and OTCM removal.
Scored #10 win, #11 on the way.
What is your point? Have nothing to do with DBMM—yet again.
DBMM has stated it has no toxic loans. Evidence is the Company’s OS has only increased by 5% since 2016–7 years! That is even beyond the Statute of Limitations.
Inference is dangerous.
opinions on a legal matter are very questionable as shareholders should do their own due diligence What is interest in improperly inferring an internal control issue and investigation is not of vital importance to the SEC?
Exactly ! All 28 cases are examples of DOE sloppy work and overreach.
As the executive in charge, Gensler has had to make admissions that the internal controls were not followed and that the internal errors were self-generated.
Heads on platter. Companies have been damaged by bullying , vindictive and totally unprofessional tactics of DOE. It is spelled out in MF brief of March,2021.
Internal controls risk assessment failure a “stupid mistake?” Obviously no board of directors experience in play here.
Not allowable in any institution or company or certainly not regulatory agency with a BOD charged with oversight and accountability. The vulnerability is armedthe risk assessment, not if anyone was harmed by it. Delays, overreach are harm so that would be tough to defend, ergo Dismissal
Hubris and sloppy. DOE does not get a pass. First Lucia overreach causing Remand by SCOTUS, then audacity of first review /PFR of ALJ Dismissal, then breaching the Chinese Wall between enforcement and adjudication? Lots of attorneys already have resigned/retired/terminated from DOE since Gensler .
Overreach isn’t playing well with others.
Repeat - shareholders read both the Order and the second statement on adjudications. The initiative investigation driven by Gensler says it all. SEC Chair and General Counsel controlling. No whitewash allowed.
Shareholders know
Well then, Lucky for me that I own Amazon , and lucky for me that I own DBMM !
Happy days for me and all shareholders
Risk management of which internal controls are a main component are a BOD/ Senior Management responsibility. That is why Gensler is driving the car.
Understand the context. This is not precedent , it is a judicial discretion issue which was the ALJ decision as well.
DOE is under scrutiny as they’re bullying and refusal to operate in a timely manner and then forcing an unwarranted review because they could , plus all the bullying and delays with other companies will be measured . The ramifications will affect the lack of adherence to SEC Practices and Procedure, like bringing in Corp Fin people directly into their response when they are to deal with the Company directly as the Company did
MF was spot on with her brief of March 2021 . I will bet each of these dismissed stories show overreach examples. The Chinese wall between DOE and judge / Commission adjudication cannot be breached.
Internal controls are sacrosanct . Made up stories about it doesn’t matter. It will become readily apparent that it does.
The boss shut down 28-42 cases. Not good for DOE careers.
Always never using old manufacturing metrics. Even Amazon didn’t show a profit for 10+ years and it didn’t have the bullying DOE who thought they ran the SEC and a pandemic!
Hand in hand with LTIs DBMM will grow both organically and by acquisition. Capital infusion into operating business will have an exponent.
Shareholders know
Wrong, wrong and wrong.
Such nonsense when in midst of reaudit, litigation and mitigating circumstances. All when executing an Acquisition. Projection to try and blame Company when churning and certain individuals made a ton of money.
One bought a Porsche another a beach house and lots of money made by many. That is documented with follow the money.
No Company benefit except to make decision to never use Convertible Debentures as financing vehicles. Haven’t issued since 2015 and none executed since May, 2016.
Understanding public companies in an acquisition with DOE overreach in a reaudit etc. Shareholders know the narrative and have seen ALL the documentation.
This is a fiduciary matter at the BOD stewardship level. Gensler as SEC Chairman called for the investigation.
DOE sloppy handling of DBMM case from review request errors to the amount of time DOE deliberately obstructed ALJ Foelak Dismissal.
Never underestimate DBMM —ever. Especially Management, their relationships and the growing wins.
DBMM will fly.
Bull?
Astonishing that opinions are always to whitewash. Cannot sweep under rug internal control risk management oversight by institutions BODS.
Gensler initiated the investigation as Chairman as the highest levels of oversight.
This is BOD situation and the SEC stated “judicial discretion” required to prudently “ preserve the Commission’s resources.” Judicial discretion is the term the Companh stated over and over as ALJ Foelak purview.
This is a very big deal and a Gensler initiative. There will be ramifications and consequences . BODs do not take prisoners.
Running a company requires multi-tasking in the extreme. DBMM won every step of the way . It is not to be diminished, thousands have failed.
The reality is that the Company could not grow its acquisition while spending hundreds and hundreds of thousands of dollars on reaudit, litigation and cure while resources diverted and early funders pulled out with reaudit/litigation. The filings so state.
Absurd to think magically the mitigating circumstances and deflections in large numbers do not effect a new acquisition and it’s client base.
Nevertheless the business generated $450-550K annually. Companies in digital space have no revenues and enormous valuations
The digital space model is very different from manufacturing. The operations have always been cashflow positive.
Take the time to understand a management consultancy which is very labor intensive.
Shareholders know DBMM is ready to rock n’ roll.
Watch this space Win #10 in hand.
When acquired and forward Digital Clarity was always cashflow positive as stated in MD&As every report. The Reaudit put tremendous strain on the Company one year after the Acquisition was completed , with all mitigating circumstances which occurred.
There are excellent fundamentals without all the baggage and now , unencumbered, watch the growth pattern emerge with LTIs support as promised.
Stay tuned, the best is yet to come.
DOE overreached and wasted SEC resources. Must read for all shareholders. link below.
https://www.reuters.com/world/us/us-sec-dismiss-roughly-40-enforcement-cases-after-internal-data-mishap-2023-06-02/
$DBMM win #10
Opinions ignoring the very internal control issues surfaced by a investigation initiated by Gensler.
DBMM tenaciously pushed back on DOE’s overreach and waste of resources on both sides.
Boards of Directors of public companies take accountability for Internal Control issues take oversight leadership .
This matter is not to be whitewashed by opinions. DBMM tenacity won and the Dismissal is win #10.
Shareholders know, so do Management and their Attorney.
The Dismissal is indeed a victory.
The facts are clear and to minimize a dismissal is an attempt to whitewash errors on the part of DOE in an investigation commissioned by Gensler.
A Dismissal is a win and it is dishonest to portray it any other way.
Leave the order to stand on its own merits . Shareholders do their own Due Diligence and have followed the SEC Matter closely.
Where did the footnotes come from in your post # 303145?
Item 84- there was no Initial Decision on June 19,2017
Item 86 -was remanded and vacated 2 weeks later. There was no review , the review was post the actual Initial Decision of Nov 12,2019. Anything remanded becomes irrelevant legally as cannot be cited.
This list misses about 20-30 intermittent SEC releases .
Shareholders know the delays in this case represent an unnecessary waste of resources as the Company has stated innumerable times. The Dismissal Order today “is appropriate to preserve the Commission’s resources.”
What an understatement, given DOE’s lack of attention to details and internal control.
FYI- in legal terms this is a Dismissal—a win for Companies who have withstood heavy-handed DOE tactics. Bravo. The division needs to get its house in order.
No spinning to whitewash an Internal Control investigation initiated by the
Commissioner.
That is equivalent to BOD oversight for internal control risk investigations . The buck stops here, at the top of the company, the institution and the regulators. All hierarchical organizations.
DBMM win #10.
DBMM just scored win #10. Another "Never Happen" which just did! Happy Saturday! :)
Shareholders do their own due diligence ,which means the only document of value is the “Order Dismissing Proceedings.” The Order was initiated by the “Chair of the Commission as a comprehensive internal review to assess the scope and potential impact of the control deficiency , which review was conducted by experienced investigative staff from the Division of Examinations under the supervision of the Commission‘s General Counsel.”
This is enormously important . In any institution , any internal control deficiencies which surfaced during a Commissioned /ordered review are extremely serious .
Gensler commissioned this review and 28 companies have AP’s dismissed .
This is the judicial discretion the Company has stated over and over again exhibited by Carol Fox-Foelak which should have concluded the matter 21 days following Nov 12 2019. “…to dismiss , as a matter of discretion..”
The Order said it all.
Shareholders know.
She is a defense attorney of considerable stature and reputation— that means sought after.
An understanding of the legal system is required.
Opinions are just that
Listen carefully—
-The Company issuing CD is notified
- No TA will remove restriction without a legal Opinion . There are cases of SEC not accepting opinions as there are “mills” just turning out opinions which are weak re Rule 144 criteria.
- Company cannot stop conversion if criteria met.
Repeat: The Company does not have approval authority as conversion is in terms of CD if Rule 144 criteria met. The only thing a Company can do is get a injunction and they need evidence to do so.
Otherwise, Companies could stand in way of contract terms being fulfilled as agreed.
Furthermore, the SEC has taken the position in cases that the legal opinion must be from an independent legal counsel approved by the SEC , not an issuers counsel .
The SEC does not like CD’s less and less each year.
The clearing house is selected by lender . Opinions without facts are not accurate.
NO TOXIC DEBT IN DBMM
False statements
No CDs converted since mid-2016. NONE—CDs canceled via settlement one lender at a time, to the benefit of the Company .
Correction to continuing false statements with facts and data in filings and Updates.