InvestorsHub Logo
icon url

Jetmek_03052

06/08/21 7:30 PM

#232470 RE: Poo28 #232469

Incorrect.

Soo if SEC suspends $DBMM we don't have to file quarterly filings soo that would make no sense as this whole case was based of delinquency per SEC even though it all started from them disqualifying our auditor



There is no excuse allowed for non-filing. Blaming another entity (like the SEC suspension of DBMM's auditor) is NOT ALLOWED. It was ALREADY STRUCK DOWN when the SEC denied a "Hardship" exclusion to DBMM concerning that VERY ISSUE.

Revocation - we've been current for 3 years now so how can you revoke a company that's current with filings?



Incorrect. DBMM HAS NOT been compliant since the LAST "Super 10K" amendment that was called "insufficient and non-compliant" by the Div of Corp Fin's. The very last brief filed by Enforcement STILL calls DBMM non-compliant!

I've often said that DBMM SHOULD accept a suspension and then be DONE with it. But FOELAK screwed up and assigned NO sanction.

DBMM needs to:

1. Include the 10Q financials in an Amended "Super 10K", and then

2. Accept a suspension for their original delinquent filings.

Then, I'll bet the SEC would let this go.

Know WHY the SEC would let this go? Because they know what a SCREW UP Linda is....and they KNOW it's just a matter of time before DBMM commits MORE delinquent filings (or rule infractions) and they can revoke them THEN.