As I stated - I HAPPENED to look in on the DBMM board. I don’t keep track of stinky Pinks posting habits.
I think we BOTH know that DBMM becoming tradeable again had nothing to do with DBMM’s business dealings. They became tradeable again because of two LUCKY HAPPENSTANCES.
1. The LUCIA V. SEC decision (which had actually NOTHING to do with DBMM proper) gave DBMM the time it needed to re-file YEARS OLD delinquent filings. If not for the delay THAT caused, the revocation order that Patil filed would have become finalized and DBMM would now be nothing but a horrible memory.
2. The ineptitude of the SEC itself, when it admitted “internal errors “, which led to the dismissal of nearly a HUNDRED OIP’s against various companies.
As far as DBMM itself? Sure. It became tradeable due to those things I mentioned. But it is STILL a sub-penny, pink sheet company, with tiny revenue which is drowned by expenses. Quarter after quarter they go deeper into debt and their outstanding share base is now growing - something that is very likely likely to CONTINUE to grow due to the paltry revenue stream from their only revenue producing subsidiary. It’s the only way they can continue to exist - use shares.
Pink has NOT BEEN correct about DBMM making penny traders any real money - at least those who decided to wait to sell shares until “dollars” were reached. Something he has been saying will happen for what…seven YEARS??
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