WHY DSCR will get suspended never PINK again
1. 11 weeks since delisting, and not 1 new disclosure document filed by company. To remedy the obvious questions that are preventing it from going Pink, DSCR owes DISCLOSURE DOCUMENTS, that is has been negligent in providing.
2. The most glaring problem wih the previous financials is the $2,500,000 in revenue omitted from the mandatory 6/30/2021 FILED OTC Markets mandatory reports.
3. Both previous lawyers associated with DSCR resigned after delisting to expert markek in September.
Meaning new counsel has no idea what DSCR has done. Will take months and $$$ to get new SEC counsel up to speed.
4. 9/30/2021 is DSCR fiscal year, meaning next report due, is not till January 2022, with extension available via a NT filing until 2/15/2022. This annual report will require legal opinion and detailed disclosures.
5. DSCR is classified as a SHELL RISK, this alone with the new PINK rule change poses a whole new and additional set of propblems that the board is completely ignoring.
6. DSCR is selectively communicating with members on this board (who cut, paste, and post). This practice is in violation of Regulation FD and can be construed in a worse context as insider trading.
Either way a public company DOES not communicate NON PUBLIC INFORMATION to select shareholders like "FREZ". The proper form of communication is an issued press release from the issuer.
7. DSCR is not getting on the PINKS until 1-6 above are addressed in public press releases and filed financial disclosures, with legal opinion in support.
11 weeks and no action = a SEC Suspension under Section 12(K) is more likely than DSCR being current.
