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Wednesday, November 27, 2019 4:56:12 PM
For example, in below case and IN ALL SEC FInal Decision, SEC has posted that the EFFECTIVE DATE is next day.
FInal Decision entered on : March 26, 2019
Effective date to revoke on : March 27, 2019
https://www.sec.gov/litigation/admin/2019/34-85427.pdf
Almost every case I have checked, the effective date is NEXT DATE, unless someone can find me a case where effective date is NOT next day.
DBOOOM TIME coming. SEC can enter FInal Decision any day after December 3rd.
Below is RULE on 17 CFR § 201.360 - Initial decision of hearing officer and timing of hearing.
https://www.law.cornell.edu/cfr/text/17/201.360
(2) If a party or aggrieved person entitled to review fails to file timely a petition for review or a motion to correct a manifest error of fact in the initial decision, and if the Commission does not order review of a decision on its own initiative, the Commission will issue an order that the decision has become final as to that party. The decision becomes final upon issuance of the order. The order of finality shall state the date on which sanctions, if any, take effect. Notice of the order shall be published on the SEC website.
Get ready for the FUN.
DBOOM going PINK against all odds
2,040 companies failed but DBMM succeeded and WON the biggest verdict in OTC history and hanged OTC history forever. Never been done before in OTC
November 12, 2019 : IT IS ORDERED that this administrative proceeding IS DISMISSED.
https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf
*** IN THE ORDER - UPCOMING MAJOR EVENTS ***
1. Dismissal of OIP : Which will make DBMM the 1st OTC stock after both suspension and OIP for filings. Never been done before in OTC. 2,040 companies failed. DBMM succeeded.
2. Up list to OTC*PINK : From "Expert Market" tier to OTC*PINK tier
3. Business Growth plans : Release of business growth plans with access to $3 Millions in investment after up list
4. PPS targets : $.10 to $.40+
5. Up list to OTCQB
Number 1 is checked on 11/12/2019. OTC historic verdict.
https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf
Next is number 2 then number 3 then number 4 then number 5
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