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Saturday, December 19, 2020 8:55:00 PM
YUP, rare as chicken's teeth. The first of 2,040 SEC Suspended Registered stocks to avoid revocation of their stock registration(s).
Congratulations to DBMM shareholders.
2,040 companies failed but DBMM succeeded and WON the biggest verdict in OTC history. 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
Judge Foelak: "Thus the company’s situation >>> DIFFERS <<< from cases in which the Commission determined that revocation was necessary or appropriate."
>> DBMM IS GOLD. PINK and OTCQB next <<<
All arguments, proposed findings and conclusions>WERE CONSIDERED AND REJECTED
Below right from Initial Decision issued by Judge Foelak
https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf
Key points: (which counter Division’s Petition points, directly from Judge’s Initial Decision)
1. Pg 2. “The Initial Decision is based on the existing record and the Commission’s public official records concerning Digital Brand, of which official notice has been taken pursuant to 17 CFR, Section 201.323. All arguments and proposed findings and conclusions that are inconsistent with this decision WERE CONSIDERED AND REJECTED.”
2.Pg 7 Para 3. The Judge addressed why Absolute is neither appropriate precedent, nor on point. ”Thus the company’s situation DIFFERS from cases in which the Commission determined that revocation was necessary or appropriate.”
PLUS
DBMM has APPROVAL from SEC Corp Fin. Here is the SEC Corp Fin letter APPROVING DBMM fins. Plus DBMM fins prepared and audited by SEC APPROVED auditors.
https://www.sec.gov/Archives/edgar/data/1127475/000000000019014554/filename1.pdf
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DISCLAIMER: Mostly, I post on stocks I OWN. I am NOT getting paid by anyone for posting. My posts are my OPINIONS ONLY. DD/predictions I post, may/may NOT come true. I can buy/sell at anytime at any price. I am NOT an investment advisor.
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