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Re: lk444 post# 15200

Sunday, 03/11/2018 3:44:20 PM

Sunday, March 11, 2018 3:44:20 PM

Post# of 15432
So I got a response back from Jerry Drew last month.

As an exercise, go back to any stock which the SEC has suspended or in this case delisted/revoked. What percentage of the Microcrap scams tell the SHs they are feverishly working to make things right? How many give no or obtuse responses? Most will attempt to reassure SHs, so as to avoid any angry horde coming back at em.

All we can do is cross our fingers and pray we all didn’t truly get scammed. Very hard to do, but God can restore anything.



Unfortunately you will need more than that. You have a Microcrap scam which was delinquent for over a year. They hadn't filed a 10K since Apr 2015. The SEC went with a Sep 2015 base timeline. They staged PR pumps for what qualifies as material events, but sort of skipped the required 8K filings after Jan 2016.

If they wanted to escape the SEC revoking their stock, all they had to do was to come up to date, and eliminate the delinquency. Instead they attempted to file a Form 15 to escape the delinquency, and go "Pink". Then 16 days later the SEC revoked the stock from trading.

SEC notice

Note section 2, in which the SEC indicates DDCC consented to revoking the stock.

Why do Microcrap scams go delinquent? The primary reason is if they do file, it will be like a self hanging in front of the SEC. So they just keep on pumping, and don't worry about it. The way DDCC management could've avoided revocation was to just submit audited financials covering the previous 2 yrs. Instead when the SEC asked them to address the delinquency, they tried to escape by deregistering their stock.

So now after agreeing with the SEC to exit the market, they are telling the SHs they have great plans to restore their stock to trading status. Ok, that requires audited financials. Exactly what they previously avoided at all costs. It's extremely likely the SEC would find material to litigate against. As in violating the agreement which led to the revocation of the stock.

If you want to have fun with the Drews of the world, ask him for the company to announce a buyback of their public shares at the last listed market price. And announce it. My bets are, you would be met with silence.


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