Friday, April 14, 2017 12:10:50 AM
The company has reported it's financials since (and including) the last 10-Q on the basis that the 1 for 30 reverse split was done in September, 2016.
So the RS is already done.
HOWEVER, Recliner Timmy has never gotten FINRA to process the RS, so no new CUSIP shares were ever issued and the quotes for the ticker do NOT account for the RS.
So, DCLT is in a strange netherworld where the company presents financials based on a done-deal 1 for 30 RS, yett the quotes for the ticker do NOTT account for the RS because FINRA hasn't processed it, even though the company asserts it was done in September 2016 before the quarter closed.
And the company CONtinues to lose munny and pay salary and bonus to do-nothing Recliner Timmy Vance as he watches The Golf Channel all day long.
DCLT has very possibly the WORST, LAZIEST, LEAST-COMPETENT CEO of any pennyscam ever - and that is saying a lott, since there are some really atrocious CEOs in pennyscamland.
The SEC ought to suspend this penyscam for nott having current CORRECT information in their posted financials, as the company has failed to disclose the discrepancy between the financials presented on the basis of the RS and the PPS and FINRA information which does NOTT account for the RS.
Many people are obviously confused by this and it is causing CONfusion in the market - a key reason for a trading suspension.
Recent DCLT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 01:00:46 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 01:15:17 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM