DBMM's troubling filing history:
3rd Qtr 10Q period ending 05/31/15 - Filed
===============================
4th Qtr 10K period ending 08/31/15 - Not Filed - Delinquent (filed with "Super" 10K - 05/31/18)
1st Qtr 10Q period ending 11/30/15 - Not Filed - Delinquent
2nd Qtr 10Q period ending 02/29/16 - Not Filed - Delinquent
3rd Qtr 10Q period ending 05/31/16 - Not Filed - Delinquent
4th Qtr 10K period ending 08/31/16 - Not Filed - Delinquent (filed with "Super" 10K - 05/31/2018)
1st Qtr 10Q period ending 11/30/16 - Not Filed - Delinquent
2nd Qtr 10q Period Ending 02/28/17 - Not Filed - Delinquent
OIP Generated 05/17/17
3rd Qtr 10Q period ending 05/31/17 - Not Filed - Delinquent
4th Qtr 10K period ending 08/31/17 - Not filed - Delinquent (filed with "Super" 10K - 05/31/18)
1st Qtr 10Q period ending 11/30/17 - Not Filed - Delinquent - Not filed until 06/22/18
2nd Qtr 10Q period ending 02/28/18 - Not Filed - Delinquent - Not filed until 06/25/18
3rd Qtr 10Q period ending 05/31/18 - Filed Timely
4th Qtr 10K period ending 08/31/18 - Filed (Untimely - with late notice)
7 quarters of delinquent filings before the SEC generated the OIP. You're correct. "Only" two years worth.
A further 4 quarters of delinquent filings until they straightened their act out. Further - the numbers from ALL of the delinquent quarterlies were never included in the "Super 10K", as required by regulations. Foelak can give opinion that they were "of little value" to shareholders all she wants. That's irrelevant. The Regs say they should be included in a comprehensive filing. And they weren't.
DBMM should be sanctioned for intentionally missing so many filings.
Yes, I give DBMM credit for making an effort to catch up. But they missed ELEVEN QUARTERS of financials and have NEVER BEEN SANCTIONED for it.
Along the way, they pretty much ignored both the Division of Corp Fin's filing suggestions/corrections and the Division of Enforcement. and basically, told them both to go pound sand.
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.
