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Tuesday, April 17, 2018 1:35:35 PM
Worse case scenario of revocation was addressed in update of Nov 18, 2017 : http://www.dbmmgroup.com/dbmm-shareholders-update-november-18-2017/
From an earlier Update representing the worst case scenario, “Even those companies who have gone dark, can file the requisite Form 10 and or 15c-211 to register and resume trading. DBMM continues to believe revocation is draconian given the circumstances, however, revocation is only a death knoll when there is no business foundation. Therefore:
1) Those who are saying investment is lost with a revocation are not telling the truth if the business is ongoing. Purchase and sale of shares in the re-register scenario can only be done privately, until the re-registration in complete. Then normal trading returns. That is the path.
2) Those who are saying the SEC would not approve a re-registration are wrong. The statement is patently false. If the SEC is stating a path in its Initial Post-Hearing Brief, it is an oxymoron to suggest the corporate action would not be approved.
go dbmm go.
Buy it, trade it, hold it, ignore it... do whatever your want, just
don't do it because of what I say.
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