Digital Brand Media and Marketing Group Inc (DBMM)

[noradio]

Why did the case go to court if their are no excuses for late filings? Why did an experience law judge dismiss the case?

So the SEC take delinquent filers quite seriously does it? Because while DBMM was punished thousands of other OTC tickers traded just fine with years of delinquent filings. Actually most of the OTC tickers I traded in 2019-2021 were delinquent filers for many years.

As for you statement that if naked shorting was allowed to exist it would destroy the market, no that is not the case. Now if those counterfeit positions were forced to be closed out on a wide scale than that definitely could crash the market. Naked shorting is very prevalent and google is your friend, plenty of cases and plenty of fines payed out over the years.

In case anyone wants to understand the basic principle of those who naked short these OTC stocks. Their goal is for the company to disappear, so that they never have to cover and avoid taxes. This is about as criminal as it gets in the financial sphere and it has been going on for decades.