Tuesday, November 14, 2023 6:56:29 PM
Of course, your speculation that everyone else is always wrong and yammering on about it is after the fact and surely irrelevant.
With respect to DBMM’s 2012 acquisition of Digital Clarity, the flagship operating company has always been cashflow positive. Coincident mitigating events , forced the costs of the parent DBMM to be delayed until settled. All those events are now concluded and the flagship website leads the Growth and Sustainability for DBMM and its shareholders.
Cannot omit actual events :
Reminder of facts:
1 . Acquisition completed 2012
2. Reaudit (3yrs) required through no fault of DBMM Nov 15,2013.
3. Asher litigation Feb 2014
4.Company completed Reaudit and filed all Amended K’s and Q’s (see EdGAR) seamlessly and chronologically in mid- Sept 2014.
5. Cost of Reaudit $157,300.
6.Mitigating circumstances caused delayed filings starting with 10-K 2015
7. Administrative Proceeding for delayed filings May 16,2017
8. New LTIs cashflow financing Oct 2017 starting with Cure
9. Delayed Filings cured May 31, 2018
10. Settlement with Asher at 50% discount.Their CDs canceled. June 18, 2018.
2012-Digital Clarity acquisition completed in 2012
2013-Reaudit mandated by SEC though no issue with DBMM, only its Auditor. Sarbanes Oxley Reg required reaudit of all clients.
Revisionist history and speculation re future by NEVERS highly suspect and simply wrong.
Shareholders long and Company strong.
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