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johnydollar

11/16/19 2:37 PM

#178328 RE: tdbowieknife #178326

DBMM was not revoked, it was only suspended, it doesn't need to go through all that carp. Imo
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stockfan100

11/16/19 2:37 PM

#178329 RE: tdbowieknife #178326

Will be done as soon as company is able to! :-)

sponsoring Market Maker needs to file a form 211 with FINRA and FINRA then needs to approve it.



SEC has been watching already! That is why they said no restriction or revocation is appropriate for DBMM based on FACTS in its case! :-)

I'm sure they SEC will be watching

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enthalpy

11/16/19 3:24 PM

#178383 RE: tdbowieknife #178326

it reverts back to the previous status since the court dismissed the revocation. the original form 211 on file should be sufficient. they were only placed on grays because of this court case and targeted revocation. now that it's been dismissed I'm pretty sure it goes back to the original status prior to the revocation.
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Fai 2

11/16/19 4:50 PM

#178408 RE: tdbowieknife #178326

Here are the rules and general time frame. Its relatively easy because dbmm already had all or most of the paper work and i believed? Audited already.

https://www.finra.org/rules-guidance/notices/92-50

Unless an exception to Rule 15c2-11 is available, the rule can be satisfied in one of only five ways: (1) the broker/dealer must have in its possession a prospectus specified by Section 10(a) of the Securities Act of 1933 (Securities Act) that has been filed with the Commission and which has been in effect less than 90 calendar days; or (2) the broker/dealer must have a copy of the offering circular provided for under Regulation A of the Securities Act and the effective date must be within the preceding 40 days; or (3) the issuer must be current in its filings with the Commission and the broker/dealer must have in its possession the issuer's latest Form 10-K and all subsequent Form 10-Qs and Form 8-Ks; or (4) the issuer must be exempt from Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act) pursuant to Rule 12g3-2(b) and the broker/dealer must have in its possession all the information furnished to the Commission during the issuer's last fiscal year; or (5) the broker/dealer must have in its possession 16 items of information about the issuer, including financial information which shall be reasonably current in relation to the day the quotation is submitted