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Thursday, November 14, 2019 9:11:22 AM
I posted DBMM question on IHUB DD board to find out what could happen and what are the steps involved. Very interesting insights on why DBMM pursued the case for 2 1/2 years and now what are the steps needed to get DBMM PINK. Many here hold tens of millions of shares. many here hold 30-40 million who bought before DBMM went dark, now it's right time to know what's the next steps
Apparently it seems that DBMM may have to find sponsoring MM will need to compile and file the Form 211.
DBMM won't be able to do anything for next 20 days since SEC may come back and refuse ALJ's decision and file counter motion. although unlikely. However there is still this possibility and for that to know we will have to wait 20 more days. I doubt they will put any PR because it's too risky since SEC may question all these until the case is fully closed
DBMM may then have to find MM and form 211, based on what DD team is saying. Those guys know pretty well on what's ahead
DBMM may have to work FINRA, OTCmarkets and lots of other stuff to get listed. The process will take some time, could be days/weeks or months based on how things move. It's NOT INSTANT ! automatic Pink, that's what I wanted to find out
DBMM price spiked in anticipation, but it's still long way from here to get to trading days. The expert market are garbage trading and has no transparency. You have no idea if you are overpaying or underpaying because there are no MM. The best strategy is wait till DBMM starts trading. You never know how many shares will hit the market as many will take profits after holding for 2 1/2 years, most are unable to sell easily in expert market because you can't see any bid properly. DBMM is trading at the same price now 0.0036 before it got suspended. The highest rice DBMM hit in 2017 before it got suspended was 0.0065, but that was with real volume of hundreds of millions of shares.
Wait till DBMM starts trading before you buy because there will be major profit taking, tens of millions of shares held by many, give it few days until the price stabilizes after it starts trading to know what's ahead. You get these spikes and then crashes same day, not healthy
Right now buying is like buying blind folded with no clue and it could take weeks or months, no one has any idea
IHUB DD team is discussing lot about DBMM case, lots of posts - Take a look. Now the results are out, I wanted to understand why DBMM pursued the case for 2 1/2 knowing they hardly had any revenues in last 3 year, most had written off DBMM for good.
Take a look on interesting insights on why DBMM would have pursued the case for 2 1/2 years, no one has a clue
https://investorshub.advfn.com/DD-Support-Board-and-Research-Team-19670/
Do your own DD !!
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