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Wednesday, January 08, 2020 9:29:37 AM
I don't blame anyone for not reading through volumes of SEC documents to formulate a factual understanding of the processes and previous outcomes.
However it is unneeded, considering there is adequate supporting information in the timeline of events.
DBMM faced revocation, they responded, SEC outlined it's demands, DBMM met those, all factors regarding mitigating circumstances were reviewed and decision was handed down. During the entire process it was declared "never going to happen" on a daily basis. As of today never has continuously happened...
Now in the final stretch DBMM is waiting for a decision on petition to review which notably can contain several avenues to end or prolong the process.
The most important fact in the popularly quoted bits and peices of the regulation regarding review process is very simply one word. The commission needs to reach a "MAJORITY" on any decision to prolong, otherwise the previous order stays in affect.
Will be interesting to see if "never" happens again....
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM