InvestorsHub Logo
Followers 11
Posts 486
Boards Moderated 0
Alias Born 02/05/2010

Re: JackieChan post# 16272

Tuesday, 01/11/2011 7:50:41 AM

Tuesday, January 11, 2011 7:50:41 AM

Post# of 17004
This is the latest informal communication we received on Dec 20:

Thanks, Bill for your comment. In answer to your question, the reports for DMS will be filed according to our filing schedule with the SEC. As was previously stated, until certain accounting information is able to be located, certain of the reports cannot be filed, as the SEC requires certain financial information to be annexed to the various and certain reports. In other business, today, I am working "close to home." I am reviewing litigation that DMS will be filing against so-called "investor relations" and "stock promoters;" you know, those individuals who claim they can market a public company's stock - now, and in the past - who actually aren't worth the bucket their stories come in. Moreover, for those individuals and/or firms who did not actually contract with DMS, rather, who offered their services under unscrupulous and heavy-handed conditions and tactics (between 2005 and 2008), they should be prepared for substantial SEC investigations, as I am reporting them (under cover of confidential transmittals) to the SEC's Division of Enforcement. Not only do U. S. Federal securities laws operate to prevent fraud by a public company against its shareholders, they operate to prevent crooks and scumbags from operating to defraud a public company by taking their stock, offering to "hype" them, and then dump the stock to mimic illicit activity on the part of the public company's officers, directors, and control shareholders. We'll see what this turns up, won't we Bill? This exercise may be "close to home" on many fronts. Further comments by me in this and in other regards will be disclosed in DMS' current reports and/or filings. Thanks for your comment and, on behalf of Mike and DMS' other officers and directors, may you and your family enjoy a happy holiday season.





If explains where things stand on the filings and other legal matters.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.