It is facts not negativity - the SEC will revoke the ticker and shareholders will lose their entire investment.
If you are ever investing in a company that states they are going to stop filing to stop the toxic notes from being converted - don't walk but run away.
This is a BS excuse - I saw another try it and the end results were the same - suspension and being revoked.
These are all cold hard facts - it is only negative to those that believed the company hype and still own stock - as they are screwed.
Unfortunately DBMM's shares will be revoked and all cash will be lost. An sec 12k suspension has no good ending. Obviously the SEC felt it was appropriate to intervene to protect market interest. Unfortunately existing shareholders were caught in the crosshairs. The SEC suspension was an end game. Shareholders have to rip off the bandaid and learn a costly lesson for buying shares in a delinquent SEC filer after a court transfers ownership to a toxic financer.
I am really hoping the company gives update on their next move before 06/01..Negativity is all time high here.we want real facts from company.
With the exception of a couple of timely 'we're gonna be late' filings, the company's version of facts was relegated to some strategically placed Tweets.