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Tuesday, February 21, 2023 11:42:54 AM
http://www.dbmmgroup.com/shareholders-update-december-28-2022/
1.) November 12, 2019, Dismissal order by ALJ Carol Fox Foelak, the Dismissal remains the Standing Order.
2.) Glendale Securities sponsorship application to FINRA 15c2-11 amendments submitted September 28, 2021.
3.) DBMM achieved FINRA clearance under Reg 6432 and SEA Rule 15c211 on October 26, 2022. Glendale Securities, Inc., the Company’s sponsor to FINRA was designated DBMM’s, Market Maker.
4.) OTCM announces removal of the CE on December 20, 2022.
5.) December 28, 2022 DBMM now meets all criteria for the OTCQB. The Company intends to apply to Up-list from PINK CURRENT to OTCQB. OTCM has already responded that they will work with DBMM early in the New Year to effect the transition to the OTCQB.
March 6, 2023 is a pivotal date, imo, and the SEC and FINRA need to settle this Administrative proceeding issue once and for all so the company is free from uncertainty moving forward.
History of the SEC proceedings: https://www.sec.gov/litigation/apdocuments/ap-3-17990.xml
Next administrative review date 03/06/2023 : https://www.sec.gov/litigation/opinions/2022/34-96446.pdf
Place your bets folks, this could happen anytime between now and 03/10/2023 depending on how the chips fall in the negotiations between DBMM, the SEC and FINRA. I’m sure you don’t wanna be short in this time period!
![wink](/images/emoticon03.gif)
Load ‘em, Lock ‘em GTC and Hold for MOASS Gold!
GLTA SBMM 2.0!
Cheers, Red
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