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Re: Jetmek_03052 post# 202723

Tuesday, 04/07/2020 12:17:04 PM

Tuesday, April 07, 2020 12:17:04 PM

Post# of 348155
I am in agreement with your beginning statement. DBMM is insignificant in the scope of the SEC. Even after this triumph, virtually nobody will know or care. Including most that come into this ticker for a couple trades chasing volatility.
You are somewhat correct regarding "opening up the door" to addition litigation, if it was a common situation. I do not believe what happened with DBMM is a first time situation. Certainly the circumstances have arisen before. Most likely though the principals involved simply did not fight it. In addition, it probably is a rare occurrence as well.

SEC is not going to be concerned with this happening repeatedly and if there were a presedent than a rule may come of it but doubtful.
It is still a fact 99% of companies revoked, regardless of why, are no longer viable concerns. So if you're the SEC, you don't waste resources on little stuff like this.