Uh, no, its not nonsense. SEC looks at non reporters when they receive enough complaints about them. And this outfit has had many complaints including a couple of lawsuits that got started.
They could care less about whether a company entered into toxic financing. That's buyer beware. But not reporting it, then claiming in court they had nothing to turn over, THAT gets the ol spidey sense tingling at the SEC.
Who the financier is and whether they did wrong or not is a completely different animal. Thinking DBMM will get respite because of that.
And please don't start the rumors of financing and such, until it comes out in the filings its just speculation.
So I guess come April, or whenever they finally run out of delay tactics we'll find out whats what. I aint gonna hold my breath though. We've been hearing for near 3 years now that the big news is coming. So far not even a fart:)
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