Pineapple Express Cannabis Co (PNXP)

[pennypauly]

Thanks will put it on my radar.

Here is another company that was shorted to death by Asher and Kramer, they fought back and took the SEC to court and won. 5.5 years of worth of fighting back.
Billions of shares naked shorted!!!

SEC still has not conceded, so they went over there heads…

SHAREHOLDER’S UPDATE — NOVEMBER 2, 2022

DBMM 02 NOVEMBER 2022 COMPANY UPDATE
Following the recent Shareholder Update by Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), and its brand, Digital Clarity (“DC”) on October 27, 2022, announcing the successful clearance of Form 211 by FINRA. An update is now available.

The Company has focused on the removal of the CE since the Dismissal on November 12, 2019 by ALJ Carol Fox Foelak. The Dismissal is the Standing Order and the credentialed experts have agreed along the way to today.

As part of moving forward, the requirements to remove the CE have been discussed in minute detail with OTC Markets as the CE icon is solely under their purview.

The Company began the post-FINRA clearance dialogue less than a week ago after receiving “Congratulations “ for the enormous accomplishment of FINRA clearance and a US Market Maker named. There is information as a matter of course required for OTCM documentation. Different agency, same information, different format, but all doable, transparent, and checks each and every box. We are on it.

The material is being gathered in the format required for review and that will be the last step to conclude the process. The Company expects to turn over the material requested to OTCM, Issuer’s Services Division, today or tomorrow.

The first step following the amended 15c2-11 effective September 28, 2021, was to identify and begin to discuss with a sponsoring broker, the labor-intensive gathering of due diligence required. Shareholders surely remember the Updates and the patience required. That wait is over and FINRA clearance under Reg 6472 and 15c2-11 Compliance has occurred for our Pink Current Company.

For clarity and to quash misinformation that is being spewed, is also being documented and observed by third parties. Non-shareholders opinions which have no basis in fact are an exercise in desperation. Repeat: the removal of the Caveat Emptor follows a careful process. No amount of misinformation will change that.

The Company has followed all protocols as set out by the division and is now at the final stage, all final documentation post-FINRA clearing on October 26, 2022, will be submitted shortly. It is information already available, simply in a different format.

Repeat: The removal of the Caveat Emptor sits solely in the purview of OTC Markets, hence the protocol as set out by them and executed by The Company is rigidly followed and has been from the onset of this important project.

Repeat: “On 10/26/2022, FINRA processed a Form 211 relating to the initiation of priced quotations of DBMM, which means that the submitting broker-dealer has demonstrated to FINRA compliance with FINRA Rule 6432 and therefore has met the requirements under that rule to initiate a quotation for DBMM within four days of 10/26/2022. FINRA’s processing of a Form 211 in no way constitutes FINRA’s approval of the security, the issuer, or the issuer’s business and relates solely to the submitting broker-dealer’s obligation to comply with FINRA Rule 6432 and SEA Rule 15c2-11 when quoting a security”.

Patience is essential. The removal of the CE is a priority for the Management and the Company, so finally DBMM can get back to normal trading and normal business. Growth to follow.

DBMM is almost there. A big thank you to all shareholders, supporters, and LTIs. More to follow as soon as received.

DBMM Management


DBMM SHAREHOLDERS UPDATE – DECEMBER 16, 2021

DBMM 16 DECEMBER 2021 COMPANY UPDATE
DBMM SHAREHOLDERS UPDATE – DECEMBER 16, 2021

Following the last Shareholder update of November 23, 2021 and in line with the company’s intent to keep investors and shareholders updated on real news and facts, Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), the Company is providing another update ahead of the holiday season and year end.

The Company is concluding the enormous, labor-intensive task of submitting the 15c2-11 to the broker who will be guiding it through the FINRA application to resume normal trading. Filing the 10-k almost a month early provided the most recent public information as required by the amended, post-September 28th regulations for the 15c2-11.

On a positive note, for the first time, on December 9, 2021 link “…the Commission … determined at its discretion… to extend by 90 days the period within which the decision in this matter may be issued.” The Company is delighted that the matter is finally scheduled following the briefings completed earlier this year. Everyone is encouraged to read Maranda Fritz’s brief of March 26, 2021 link which reinforces the Company’s compliance through the Corporate Finance review and approval in October, 2019, followed by Judge Foelak’s Dismissal on November 12, 2019. link

Since the Dismissal, the Company has filed three (3) 10-K’s and demonstrated its resilience during a lockdown of our operations in the UK during a protracted pandemic and the delays associated with the SEC Matter.

The Management believes it is fortuitous that the scheduling order dovetails with the Company’s 15c2-11 resumption of normal trading initiatives.

At this point, the Management continues to acknowledge its long-term investors and its shareholders who have been patient with external circumstances from its SEC (re)audit mandate which was the genesis of the delayed filings.

Hundreds of thousands of dollars have been spent on reaudits, litigation and curing those late filings, which could have been focused on growing the business as intended. Instead, the Management has been distracted, while tenaciously directing efforts toward resolution amidst the relentless misinformation by the same individuals who proudly state they are not shareholders, in order to negatively impact the public market.

Now that a schedule has been announced by the Commission, the Management will be reviewing its options to effectively expedite the process to bring the matter to a Final Order of the Dismissal. Due process can be exceedingly time consuming and we are proud of the Company’s efforts to return to normal business and the implementation of a post-pandemic business plan without distractions.

Digital Clarity’s business development efforts are reinforcing new client’s transformation and strategic redirection in the new economy. Our long-term investors will be instrumental in growing the business and retrenching the erosion of revenues as described in the 10-K’s MD&A.

The Management assures its investors and shareholders that positive initiatives are underway and we will keep you posted.

Best wishes for the holiday season to all and we look forward to a safe and prosperous New Year.

DBMM Management

http://www.dbmmgroup.com/news-information/page/2/ you can go here for all the updates over the years.