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Re: 24d post# 298002

Thursday, 05/04/2023 2:49:46 PM

Thursday, May 04, 2023 2:49:46 PM

Post# of 348605
Because there is NO GOOD REASON not too. The SEC's punitive lack of action is STILL DAMAGING DBMM! I am hoping they dismiss quietly before June 5, 2023 and it goes away unleashing #1. We shall see ... maybe there was some pre-arranged timeframe agreed by all parties before the OIP is lifted? https://www.sec.gov/litigation/opinions/2023/34-97047.pdf

That said, the bottom line is: https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf

While revocation is not “necessary or appropriate for the protection of investors,” neither is suspension.
In conclusion, the violations alleged in the OIP are proven, but no available sanction is appropriate. Thus, this proceeding will be dismissed.
V. ORDER
IT IS ORDERED that this administrative proceeding IS DISMISSED.
This Initial Decision shall become effective in accordance with and subject to the provisions of Rule 360 of the Commission’s Rules of Practice, 17 C.F.R. § 201.360


It's just a matter of time before this breaks wide open and DBMM implements it's merger and acquition strategy after this debacle is cleaned up and the naked shorters are crushed! NDA's in place! wink

I rest my case, The SEC should lift the sanction and issue an ‘Order of Finality’ June 5, 2023 to allow DBMM to return to normal business without further encumbrances!

GLTA DBMM 2.0!

Cheers, Red