Monday, September 11, 2023 10:47:52 PM
Focus: If every executive in every public company needed an 8-K, tens of thousands of 8-K would be filed daily.
REPEAT of my response to your post # 324131 re-subject of 8-k requirements .
Misogyny showing—“ the company said the ‘girl’ they hired was an executive,” bashers are really from a long gone era.
Repeat: IMO if an 8-K was required, it would have been filed coincident with the Update, just like it did with the Final Dismissal Order and the CE Removal.
Shareholders are aware of bashers in the past extracting regulations and stridently stating their OPINION on the impact on DBMM. The Company was right every single time. Nevers -0- again. Shareholders recall All the revocation guarantees citing the regs. The Company stated judicial discretion can always be applied by Judges in most courts. The bashers “Gotchas”have never been accurate.
Management has extensive public company experience, including compensation, and legal counsel, and bashers have neither.
FACTS:
“…key word “…plan.”
The 8-K extracts cited are aggregate company executive compensation plans and programs which apply to all categories of executive staff. Companies may file the aggregate plans and programs when the company reaches a certain size. Specifically: at Tesla or Oracle “certain categories defined as Executives are covered under Plan X.”
If every individual categorized as an Executive in every company required an 8-K , the SEC would get tens of thousands of 8-Ks daily. Management judgment is expected . The SEC is using the term Executive as synonymous with Officers, particularly in a micro-small cap company situation.
DBMM knows exactly what it is doing and has documentation , experience and counsel as required.
DBMM on its way to wins in “…Growth and Sustainability.”
Recent DBMM News
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
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