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but they can afford to Re-Audit financials, make filings and pay for attorneys.
That's pretty good so far. The SP will reflect the power of audited financials and pink Uplist soon.
No reply to this i see. DBMM will live again!
Judges words not mine lol.
Allow me to finish the quote that was
nit-picked
"While revocation is not “necessary or appropriate for the protection of investors,” neither
is suspension.
Digital Brand’s reporting is now current,(!) but suspension would relieve it of the
requirement of filing periodic reports for the period of the suspension. Depriving investors of
current financial information would be an undesirable consequence of a suspension and, contrary
to the primary purpose of the reporting requirements of the Exchange Act, antithetical to “the
protection of investors.” Even so, Digital Brand should be aware that further violations of its
periodic reporting timeliness and completeness obligations may mark it as a recidivist and invite
further scrutiny from Commission staff."
DBMM IS current! JUDGE already dismissed OIP! Just waiting on the review and blast off.
Hope you like reading!
"Digital Brand’s filing of past due reports and its continuing to file current reports are
mitigating factors as is its response to CorpFin’s identification of deficiencies, which it corrected
by filing amended Forms 10-K. Thus the company’s situation differs from cases in which the
Commission determined that revocation was necessary or appropriate. See Calais Res., Inc.,
Exchange Act Release No. 67312, 2012 SEC LEXIS 2023, at *23 (June 22, 2012) (frowning on
the issuer’s “troubling willingness . . . to ignore clear staff directives regarding reporting
obligations”);
Here's the quote u wanted lol!
Absolute Potential, Inc., Exchange Act Release No. 71866, 2014 SEC LEXIS
1193 (Apr. 4, 2014) (shell company with total assets of $27, accumulated deficit of $1,972,404;
filings made during administrative proceeding, but unpersuasive explanations for protracted
delinquencies and absence of concrete changes to ensure compliance as of date of Commission
opinion);
Where did the Judge say that DBMM is a scam?
Actually it can be argued that the If the judge thought DBMM was a scam then the ruling would've been different. Fail.
DBMM order dismissed. Waiting on Review decision.
"EVERY company was revoked until proven otherwise"
Except in the case where the Judge ruled NO revocation, then that's just a mistake and the judge is wrong. Logic.
DBMM LIVES ON!!!!
and MAY NOT be subject to to conditions from registrant.
Actually means the opposite of what you're saying it does. Fail.
"There is no difference.....…….........
.................. Any differences between the two companies are irrelevant."
LOGIC!
apparently the judge didn't find the differences IRRELEVANT.
GO DbMM!!!!!!!!!!
"In sum, neither dismissal of the proceeding, as requested by Absolute Potential, nor a suspension of registration for a period of twelve months or less is an appropriate disposition because.....!!!!!!!!!!
--Absolute Potential’s assurances against further violations are not credible in light of its history and its utter lack of resources with which to pay for compiling and auditing or reviewing its financial statements."
BIG DIFFERENCE!!!!!
DBMM HAS FILLED AND REMAINED CURRENT FOR ABOUT 2 YEARS ALREADY!
it's obvious! This is a different company. DBMM will set a precedent.
This might explain why the judge ruled this way.
Thinking about it. You're right. Most would've just let it be revoked and not take the pay cut.
your post shows a complete misunderstanding of the court system.
DBMM never disputed the fact that they didn't file.
Their claim was that there were mitigating circumstances.
The judge agreed considering that since they dealt
with those mitigating circumstances they were able
to keep up with filings and such.
They have been able to stay current for 2 years so far.
2 YEARS they have filed on time.
People break the rules all the time. What matters is the reason.
After dealing with those reasons
DBMM made good on their word.
Not worried here at all. It's not all black and white. There are shades of Grey lol.
If it was that simple then DBMM would've been revoked
with Intelliscience or whatever the other company was called
open shut case.
But as we all can see- DBMM is still alive.
the pictures you posted doesnt literally show a ranking either? soooo.........$DBMM!!!
Wow what a misunderstanding of how the court room works. Completely siding with one side is completely illogical. It's as if one is purposefully disregarding any mitigating circumstances. Thats equivalent to listening to one side and basing ones decision on that alone.
There were other circumstances presented during this case that might not be the same for previous cases. If a review is granted I think it'll be to reinforce the judges decision and it will be done to help other companies that might find themselves with similar mitigating circumstances
Don't come across fully reporting companies too often. They've been fully reporting for over 2 years lol. If people are honestly worried about the SP right now. About a month ago it was at .0001
It can just as easily go there and back.
Hold for Gold. Progress is being made
is this not the quintessential OTC play?
Will Christmas come early?
DddddddBBBBooMMbbbsss
Awwwaawaaaay!!!
DboMMbs Away
DBMM
there are stronger forces at play here. This should set off at any moment. you should take advantage of the dips. man someones about to make a killing.
im green here my friend. I bought shares years ago at .0013 It sucks to lose money, it really does, but there are so many opportunities here in the OTC that, when one comes along you pounce on that thing. you pounce and even out and then make it green. I know it's December and all. It's about to snow a lot in my area. But it's funny, that even after the snow has come and gone. When the plows have given up on plowing, the shovelers on shoveling, .... i'll still see GREEN! GREEEEEEEENNNNNNNNNNN!!!!! Thanks DBMM!! Thank you for fighting and thank you LOVEPINK!
those pro dbmm have been on the right side so far. i dont see why it shouldnt continue
GO DBMM
whats the best technique for saving on taxes?
i meant a sell order but i think i figured it out. i have over 1mill shares locked in at $1
so i went looking around and found this.
It's about locking up shares. is this valid? Pink?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139801739
thank you for the info! should it be a market order or limit order im putting 1mill in at $1.50
how does that make them have to pay more? ive been asking high jynx but he/she doesn't answer
i want to know how this will help us! please provide me some insight
i dont understand why?
Thank you. Ive been holding 1mil for over 2 years. Im not trying to lose a big chunk to uncle Sam. Go DBMM
How long does the process take?
Hey I'm very interested in finding out how to do that. Please let me know. Any savings adds up lol
Lol if that was true then dbmm wouldn't lost the sec case
Didn't u just say it wasn't very unlikely to hit .40?
Lol. The same was said about DBMM winning against the SEC. Have a seat. You might see something else highly unlikely happen.
Aim for the moon my friend.
My shares aren't selling for anything under .45
Let's get that other leg going
.25? That's it? Really? History has been made here. On top of all that other stuff like the Google premier partner thing. I've seen stocks run on junk and this won't mega run on facts?
$6 really? .... Come on man. Be reasonable
Man if this hits .50. I think I'll tattoo my face lol. DBMMM is about to make a monster move!
I feel like crap.. :(. I only got 1mil at .0013