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Tuesday, January 10, 2023 12:02:38 PM
Considering the commission has not found a legal misstep by the ALJ, it is more than likely a district court would side with the ALJ.
The commission has not YET found a legal mis-step by the ALJ. But one of the "ISSUES" to be reviewed is exactly that - did the ALJ find that DBMM was current - IN SPITE OF Corp FIn's continued belief to the opposite?
Secondly, in the event they side with the DOE, they would have to explain why the commission allowed trading to resume if DBMM was a threat to investors.
The Commssion has NOTHING TO DO with the decision of the OTCM to remove the CE and allow DBMM to trade. It is COMPLETELY on the OTCM's shoulders!
However.
I will say that the IF the commission does NOT prove the ALJ was remiss in saying that DBMM was current...If the Commission does NOT find that the ALJ was remiss in not sanctioning DBMM IAW the regulations regarding the sanctioning of chronically delinquent filers?
Then ONE of the D.O.E.'s points have been disproven. Since the filing of the "Super 10K", DBMM has filed pretty much on time. Which the D.O.E. said they thought would not happen and was a prime reason why DBMM should be revoked.
Companies MUST file on time when the microscope of the SEC is upon them. IF they get by THIS TIME? Let's see how long it lasts!
Bearish
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.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/14/2026 08:45:29 PM
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/28/2025 10:01:05 PM
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