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Alias Born | 01/11/2004 |
Monday, March 14, 2022 11:15:12 AM
A "dismissal" that NEVER TOOK PLACE because the Initial decision was NEVER FINALIZED by the SEC Board of Commissioners! Sooooo....if the Initial Decision was never finalized, how in THE WORLD can ANYONE say that any order of dismissal contained in the ID is valid????
Answer: They CAN'T!
A "Super 10K" (comprehensive filing) that SEC CURRENTLY regards as not being compliant because of the lack of interim 10Q financial numbers not being included (as rules regarding the formation of a comprehensive filing state must be included).
I mean REALLY - even the Board of Commissioners stated right in the granting of the PFR:
"Furthermore, Digital Brand has not shown that the material facts are indeed undisputed, including as to compliance with the requirements for reporting ICFR and those relating to the provision of interim quarterly financial information."
https://www.sec.gov/litigation/opinions/2021/34-90978.pdf
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
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