News Focus
News Focus
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noradio

01/23/22 8:25 PM

#245824 RE: toncatmad #245823

Buyer Beware. OTC Markets Group has determined that there is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions.

This is why I'm interested in the date the CE was placed, but if I were to guess it was due to suspension on May 16, 2017.

"The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they had not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 ("Exchange Act")."

And yet here we are the company has been current with audited financials for years now.
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johnydollar

01/23/22 8:33 PM

#245826 RE: toncatmad #245823

The otcmarkets also designated $DBMM current in their fillings, some food for thought.
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Poo28

01/23/22 10:01 PM

#245834 RE: toncatmad #245823

It was put on because filings were late, filings have been current since July, 2018 when 2 Q’s filed for 2018 after Super 10-K.

The CE was directly tied into delayed filings and lack of financial information. Once the filings were current and particularly being acknowledged as Pink Current, the public has access to all necessary information.

The CE is not required nor even referenced by the SEC, so it is totally within OTC Markets to remove it. The new amendments to the 15c2-11 require new application to resume trading.