Home > Boards > US OTC > Internet - Online Services > Digital Brand Media and Marketing Group, Inc. (DBMM)

wrong. dbmm was moving forward when sec sanctioned

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
TradeForProfits Member Profile
Member Level 
Followed By 771
Posts 74,705
Boards Moderated 5
Alias Born 01/09/06
160x600 placeholder
TradeForProfits Member Level  Thursday, 10/04/18 10:41:06 PM
Re: otterman post# 160885
Post # of 173792 
wrong. dbmm was moving forward when sec sanctioned their auditor for something unrelated to dbmm (but i'm sure that is still dbmm's fault since they hired the auditor and must have known this would happen) causing dbmm to have to reaudit 3 years. since this made their then current filings invalid, asher couldn't convert. instead of working with the company and towards mutual success, they sued dbmm instead. now dbmm had to pay for 3 year reaudit and deal with asher lawsuit... talk about a money drain, instead of going under and giving up, they fought back, even though funding became near impossible, they kept on, even when SEC came after them, they kept on... it finally paid off as they were able to secure funding and hire auditors to work on super 10k, q's, get asher case settled.. leaving only the sec case to be resolved. through some incredible turn of events, SCOTUS stepped in and changed the playing field (yes, the laws haven't changed, I know, not saying they did), causing re-examination with new evidence and then 2 stays... affording dbmm the chance to get fully current with their financials filings... exactly what dbmm said they would do from the start with the sec. growth capital in hand now.

so judge is deciding if dbmm should be revoked and require a form 10 to relist or no revocation and require a 15c211 to relist.

Reggie James on @DisruptiveLive Show https://twitter.com/disruptivelive/status/1022121460935077889

Audited Super 10K https://backend.otcmarkets.com/otcapi/company/sec-filings/12787576/content/html

ALJ/SEC Case https://www.sec.gov/litigation/apdocuments/ap-3-17990.xml

Audited 3 year consolidated super 10k filed
Q1 filed, Q2 filed, Q3 filed
DBMM is current in their K & Q filings and is no longer listed as 'Delinquent SEC Filer'

Filings https://www.otcmarkets.com/stock/dbmm/disclosure

Asher lawsuit settled, case disposed! https://iapps.courts.state.ny.us/webcivil/FCASSearch id:

600717/2014

No OS changes since May 2016 (common or preferred).
Q2 shows 29% rev increase 6m period over period
Q3 shows 6% rev increase 9m period over period
$192k from wealth groups already provided (listed in audited super 10k)
$250k from wealth groups at bat (listed in audited super 10k)
$3m ROFR to round the bases for the bases loaded home run hit (listed in audited super 10k)

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 as my posts are just my opinion.
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist