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Re: Renee post# 188256

Friday, 12/06/2019 10:18:35 AM

Friday, December 06, 2019 10:18:35 AM

Post# of 348561
It is inappropriate and non-sense for a statement to be made which states that any precedent is an “incontrovertible precedent” and any decision “contradicted “ when a Judge determines that it does not apply. Absolute was not a business, had no revenues, no accounting systems and one person owned 97% of the Company. That is a perfect precedent for shell companies or companies with no proof of concept or no business is late without explanation. Judge Foelak made multiple references to DBMM’s business and the specifics.

> It is dangerous for non-attorneys to have the temerity to tell a sitting , long term Judge she is wrong if she does not act like a robot in each and every case.


Precedents are over-turned or situationally applied every day in every court. That is why there are judges or you could have an algorithm which determines outcome.

The regulation does not allow for a rubber stamp and Judge Foelak is well known for her bravery in consequential decisions far more concerning about protection of shareholders than filings which were late for a good and documented reasons which were provided.

For so much tumult about late filings which had extenuating circumstances should fit a one size fits all is surreal.

Everybody take a deep breath and give a company which had the tenacity and principles to stand up for what was right, the support they deserve.