Saturday, August 05, 2023 11:52:04 AM
Repeat: the shares were issued by DBMM as Restricted after legal review to remove Aged Debt from balance sheet. DBMM role.
Other party to Settlement Agreement can pursue a legal opinion to clear shares and issue as non-legended if they meet the Rule 144 rules. Not DBMM role.
It is pathetic that you do not understand Rule 144. Legal opinion would address the minimum 6 month criteria was met according to the rules and terms. Clearing the shares has nothing to do with DBMM, their role ended with the Restricted Shares Issuance and reporting. See below:
Shareholders know Aged Debt consideration for Rule 144 purposes is tolled by terms of lending document at a minimum of 6 months, and no maximum. The 6-month rule is accurate.
See full explanation in Post # 318142
Shareholders know when you bashers are corrected with facts, you just keep blathering misinformation . Speaking of lying, that would be you Dude. The shares were issued Restricted as that is the process. See OTCM end-June report and 3Qfiling. Better learn SEC Instructions and Regulations . More obnoxious name calling. And speaking of facts.
Facts:
1. Aged debt in June cleared with 30million shares RESTRICTED. So stated on OTCM end of month report for June as restricted following legal review. Reported in 3Q 23 Subsequent Events. That concluded DBMM role.
2. Lender can have legend removed and free trading shares issued with a legal opinion which documents all requirements under Rule 144. DBMM has no role here. According to OTCM shares reissued free trading in July.
You have no evidence shares are being sold. Only an idiot would sell while bashers are depressing pps with BS. IMO lender cleared to deposit into his brokerage account to hold.
This is fifth time I have corrected you in this matter. All facts above documented.
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