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Wrong again
The Court Papers chronology so state. Shareholders are delighted there are reference documents cited which refute the misinformation.
Management has always accrued compensation so how does that ATM work.
Short walks are everywhere.
Go DBMM
A opinion without any specifics is neither analytic nor is it an accurate representation of shareholders positive support and the long term investors.
How in the world can someone have any idea what happened with the Auditor’s other clients? That is separate to each client and client lists are not public information. ????
FACTS: the more credible is Judge Foelak, the sponsoring broker, FINRA and OTC Markets who did a thorough analysis of evidence and documentation and all acknowledged the mitigating circumstances and concluded positively.
The law is all about exceptions and extenuating circumstances. A public company is a legal entity. DBMM made a solid acquisition and its shareholders were not protected , except by the Company who cured its late filings, have filed timely or early since then, brought in portfolio investors who support its growth and success and will not be bullied .
Shareholders know. There is a reason and regulators wonder as well as all shareholders .;)
This is wishful thinking. The statistics of companies “coming back” are de minimus. Growth financing would not be available from proper sources if revoked. Cost of capital would be egregious. All negative for shareholders.
It is ludicrous to suggest the agency should shut down every Company late. That is draconian and does not protect shareholders.
My previous post stated Congress would have to pass a law saying all late filings are revoked. If late filing issuers are bullied by DOE and result in revocation, that is systemic discrimination and not within the agency purview of protecting the shareholders.
Abuse of power comes to mind and something the SEC would be very embarrassed about. Late filings are often circumstantial .
Yet bad actors often fined and continue to run their companies. Doesn’t pass the smell test.
Totally inappropriate to roll over and play dead when the genesis was the SEC overreach in Auditor's sanctions re Chinese clients SEC stated the Company did nothing untoward. The Company had a series of mitigating external circumstances which it dealt with through no fault of DBMM. The documented costs of addressing Reaudit mandate because our Auditor was sanctioned for its Chinese clients and all Clients had to reaudit. Cost were hundreds of thousands of dollars. Judge Foelak understood and integrated the circumstances as stated in her Dismissal.
IF "DBMM accepted revocation" that is neither ethical nor is it in the best interests of shareholders.
The practice gets a win rate for Enforcement and is not due process.
Oh and Revocation supports short sellers of all types. ;)
So yeah, sorry, revocation NOT an option.
Shareholders know
During the Great Recession over 8-9 years ago the only funding was CDs. LTIs are proper portfolio investors who only want the Company to grow and move on to NASDAQ in due course.
The BS makes no impact on LTIs and their support and the future.
Uplist going to happen in due course taking step by step instruction from OTCM.
Shareholders have read the Court Documents and draw facts from them properly and accurately.
Misstatements and calling them facts. Let’s each leave our differing statements with the documents.
Start with Judge Foelak did not overturn anything, as the base case.
There was nothing to overturn.
CD as a definition are not toxic debt. Warren Buffet does them in many of his investments. The Auditor determines as it totally depends on the terms. Company has no toxic debt it has aged debt being settled. See below, the facts are in the filings and Updates.
Again.
Shareholders should do their own Due Diligence in credible , only public information, not opinions which are false.
The filings document that DBMM has no toxic debt owed.
Has not issued a CD since 2015 and stated in filings it will no longer use CDs as a financing vehicle.
No CDs converted since May 2016 and any on balance sheet and being settled to the benefit of the Company one lender at a time . CD then canceled. All discounted heavily. See audited filings.
The law is not absolute. That is why due process is called the process and mitigating circumstances must be evidenced and proven so the ALJ can determine. The evidence was documented and provided .
If Congress wanted every late filer to be revoked a law must be passed so no court case required with hearings, motions and responses. Pre-determination is not due process. Is not law.
Judicial discretion is always a prerogative, with cause.
Shareholders know that an ALJ Judge with the SEC ordered a Dismissal of the DBMM case based on the mitigating circumstances and evidence put forth. Legally that remains the Standing Order. That is the legal status, suggest the review is not a Standing Order.
Simply your opinion which is not fact.
Shareholders should do their own Due Diligence in credible , only public information, not opinions which are false.
The filings document that DBMM has no toxic debt owed.
Has not issued a CD since 2015 and stated in filings it will no longer use CDs as a financing vehicle.
No CDs converted since May 2016 and any on balance sheet and being settled to the benefit of the Company one lender at a time . CD then canceled. All discounted heavily. See audited filings.
Try and understand the law as stated in Court Papers. Huge difference between “pay them off” and a Settlement for 50% less.
As DBMM stated in Court Papers Asher tried to steal the non-US subsidiary even though precluded by FEDeral (not Civil end run) to go after public company. The case was a mitigating circumstance of DBMM and was closed after the Super 10-K filed on May 31,2018. Asher had 2 CDs outstanding. Asher sued for $337K, got Judgment $123K (additional interest from July, 2015.)
Settled by DBMM for $65k with heavy discount on June 20,2018 for the benefit of DBMM. No equity, CDs canceled.
Case closed. See DBMM 10-K 2018, Amendment 1, EDGAR filing on Dec 2018.
The PR was false because Asher and all Kramer companies was precluded by SEC Consent Decree on Oct 2016 from going after shares in public companies or the issuer’s subsidiaries. That PR was May 6,2017. The Consent Decree did not allow such an action as it had not been disclosed to Civil Court Judge.
See Cease & Desist and AP Order. 2 links
https://www.sec.gov/litigation/admin/2016/33-10239.pdf
https://www.sec.gov/litigation/admin/2016/33-10239-s.pdf
What is recommended 100% of the time by DOE for companies with late filings , is not Due Process.
DOE , one of 5 divisions of the SEC, recommending every late filer get revoked is hardly due process, it is not the mandate of the SEC either. The bullying of the DOE puts companies out of business, it is rare for any to have the funds to start all over.
If the intent is for all companies to be revoked than new legislation should be approved by Congress saying anyone late gets revoked. But the SEC is clear that is not their intent or their mandate.
DOE overreaches and does not protect shareholders. Quite the contrary . The SEC could set up an advocacy division to support companies. The revocation scenario is only for the OTC. The shareholders should be protected , not a DOE pre-determined outcome as that is not due process. DOE uses their win stats on Late Filings for funding.
Needs reform.
NO facts all just opinions
Just like the 9 wins that were no Dr going to happen, and each one did.
Re the Uplist, OTCM made it clear they do not discuss companies in application process, and DBMM has taken instructions from them since the amendments to the 15c2-11 and their acknowledgment of DBMM as Pink Current.
And then there are the LTIs who will continue their support, already with $1.8million , in for the step by step growth and acquisition and NASDAQ.
Shareholders know.
Outed Kramer/Kramer Companies SEC Consent Decree of Oct 2016. Cease and Desist All Kramer companies not allowed to go after public company shares or their subsidiaries. Have sent links a zillion times.
Asher out of business, Power Up Lending signed settlement with DBMM as Asher gone.
Settlement heavily reduced to the benefit of DBMM .
Court Papers documentation.
Get it ?
Quite correct. DBMM was suspended for five days for late filings then case Dismissed by ALJ on Nov 12 2019.
What was posted is deliberately false an order for 2weeks in Nov 2017 which was vacated and remanded by the Supreme Court of the US in Dec 2017.
Sharing the remanded order after being corrected is intended to damage DBMM.
MF is an iconic securities attorney and presumably has many clients. She represented DBMM very well and made law. All of which is public information,
Alpine is a clearinghouse , and necessary in the OTC. It has nothing direct to do with DBMM. The Company has never castigated them nor called them an archenemy.
Agree, everyone should do their own due diligence .Conflation very misleading .
The Dismissal is The Standing Order in the case. That is a legal standing in the Law. The PFR is because DOE could —they were embarrassed. A Dismissal by a SEC ALJ has never been PFR’ed, ever. Many attorneys from Enforcement group have retired/resigned under Gensler.
The DOE Petition for Review is overreach because DOE missed key legal items superseded and filed by Corp Fin in Oct 2019 and Dismissal came next month.
Please read MF’s last brief
https://www.sec.gov/litigation/apdocuments/3-17990-2021-03-26-respondent-appellees-brief.pdf
All will be clear soon. Stay tuned
Wrong, wrong, wrong,
Shareholders know because they read Court Papers and do their own Due Diligence knowing the misleading false info.
Don’t think a Consent Decree and Order to never go after public shares in a Company or it’s subsidiaries.
See Cease & Desist and SEC Order.
https://www.sec.gov/litigation/admin/2016/33-10239.pdf
https://www.sec.gov/litigation/admin/2016/33-10239-s.pdf
Winning? Not Kramers
The Standing Order is the Dismissal of Nov 12,2019. Remanded and vacated revocation struck off after 2weeks by SCOTUS in Dec 2017. Understanding the legal ramifications essential . No reference allowed. Check it out.
Covering short sellers, manipulating to depress prices with false information. Shareholders will not be mislead
Shareholders know and so do regulators. Stay tuned.
Every line nonsense and inaccurate.
DBMM accomplished what 2 ,000+ other companies could not.
The Standing Order is the Dismissal of Nov 12,2019 . DBMM has filed every SEC 10-K and 10-Q since on time.
The Company has LTIs since the Fall,2017 to cure late filings and step by step support the Company through NASDAQ. The Company has stated that their relationships are everything.
Shareholders know.
As predictable as I said this morning hahaha
The fiction is nonsense. The Company has said in Updates and filings that it was following the instructions from OTC Markets . It is not one size fits all as OTCM has advised when asked that, it does not discuss any cases applying to be Uplisted.
Telling shareholders to sell their shares? Interesting I know I simply move on if no longer want to support stock.
Shareholders know. Happy Saturday!!
FACT- Shareholders know that the some would not be here if DBMM was a Company which does not have promise. Shareholders know all is very clear. Short sellers are everywhere oh and someone is helping someone right?
DBMM Revenues past, present and increasing $ each quarter in the future are the reality.
Be assured and watch the Memorial Day 3-day holiday weekend everyone will be enjoying their families and the real world ;)
Shareholders know that wins #10 and #11 are in the works. Stay tuned.
DBMM has no toxic funding. None.
In order to have toxic debt, must be characterized by Auditor in 10-K and it is not. No CD issued since 2015z
8 years ago is also years beyond the Statute of Limitations.
More nonsense.
Alpine is the largest clearinghouse but certainly not the only one. The regulators dislike CD’s which is one of reasons why DBMM chose to no longer use CDs as a financing vehicle ,in 2015.
Ridiculous to suggest that there will be no public company clearinghouse for OTC shares . That suggests there will be no OTC platform, quite the contrary.
The OTC market trading has been delegated to OTC Markets via amendments to the 15c2-11 executed in Sept 2021.
Due diligence is required here, and do you know about the Maranda Fritz track record? To ask why she is a “heroine” FACT that she has made case law many, many times.
She is an iconic defense lawyer with one of the best records against SEC and regulators overreach.
MF is a heroine because she was DBMM’s litigator and got a Dismissal from an ALJ for late filings. The Dismissal was an acknowledgment of mitigating circumstances . The DOE overreach was stunning and unnecessary. There has never been a PFR on an ALJ Dismissal.
One sentence or generic responses on an issuer board is often not valid in the circumstance. Lawyers never ask questions for which they do not know the answers in advance.
Nonsense, yet again.
Most Shareholders aren’t stupid. Illegal matters do not have links. NSS are illegal and there are no links.
Counterfeit shares located offshore are illegal, and bulletin, bulletin, not in the public forum.
Like bearer bonds, illegal in U.S., issued in non-U.S. locations.
Shareholders know.
Shareholders see the shift .... also facts are essential. Opinions are just that. Wait for facts which prove opinions to be wrong in most cases.
The comment of “golden goose” is ridiculous in the extreme. Shareholders should each do their own Due Diligence.
Initially, the toxic lender will egregiously convert under the CD, but when pps drops to No Bid or Company becomes non-compliant the lender moves to bankrupting the Company and controlling the outcome. The outcome may well be NSS.
The amount of tax free money available when the toxic lender bankrupts the Company is enormous through billions of shares.
As a portfolio investor, I suggest giving the toxic lenders a pass by whitewashing the nefarious end runs is not in shareholders best interests—ever.
One size does not fit all. Suggest before giving opinions, due diligence should precede. All assumptions and chronology wrong.
Much more complicated —Company did Corporate Resolution to no longer use CDs as a financing vehicle in 2015, no
Conversions after May 2016.
Late filings cured and 211 approved and cleared in Oct 2022 after lots of mitigating circumstances.
Company met every hurdle.
Answer does not fit a neat box with one sentence.
There are litigations and/or mitigating circumstances , including evolving regulations which call the toxic lender a broker/dealer which effect the CD and it can be canceled.
The CD world has and is changing dramatically. The law is not a one-trick pony .
More misleading statements as Ai is clearly one of the areas Digital Clarity indicated is the future .
DC is a management consultancy and step by step will roll out their growth model.
LTIs have been part of DBMM’s support since the Fall of 2017, and IMO as DBMM has stated in Updates, relationships are everything.
NASDAQ has been the objective following a step-by-step approach, wins #10 and #11 on their way.
Shareholders know.
Shareholders have taken note of the wash-rinse-repeat
Correcting the record requires shareholders to spend hours everyday day,
Shareholders know.
Again correcting the same false statement
The TA did not say anything re NSS except he had no way of knowing if there were any.
The Company share position was already part of broker sponsorship, FINRA approval and clearance and OTC removal of CE. Over and over.
The regulators will ferret out NSS , patience is required.
Shareholders know.
As said zillions of times already, if NSS were as simple as you are stating , there would be no issue with public companies inability to identify—as stated by all regulators who stridently claiming “ferreting out NSS” is a prime objective.
Can’t have it both ways. Counterfeit, phantom and other duplicative examples exist and the regulators have so stated.
FYI—These are experts! Not opinions
Shareholders deal in future not past. If we don’t like where we are we move on.
Financials step by step described in last Update. All Good. LTIs intend to support growth step by step to NASDAQ.
Costs of Reaudit ,litigation and regulatory overreach costs documented—beyond the high costs of maintaining a public company.
Digital companies each grow and position first —check out Spotify as one example. No revenues at all when IPO launched, certainly no profit. Study up on digital companies—a different world.
DBMM knows exactly what it is doing.
https://www.dbmmgroup.com/shareholder-update-april-13-2023/
Sell off? Really. Tiny, light volume is a selloff—more sellout? Tip to a head waiter.
Nothing will stop DBMM, step by step.
Total nonsense — the Company has the TA data for all reports and it has stated has no way of knowing if there are NSS.
Counterfeit, phantom et al nefarious are not visible on the surface or it would not be issue.
Always discount higher price and continued depression of pps is their manipulation.
Another false statement that must be corrected
DBMM will do whatever OTCM instructs as it has in previous 9 wins.
Again the Uplist criteria will of course be met, including costs.
FYI- there are membership costs to be an issuer on OTC Markets which DBMM has paid annually.
Shareholders know.
The long shareholders, many of whom, know each other and supportive of the Company’s 9 wins and support since late- Fall 2017 of LTIs and the stated objectives in Updates and filings zillions of times.
Shareholders know all
Filings and Updates because we share after each has done his/her own Due Diligence.
Facts and truth always prevail.