The Company has noted that recent prosecutions by the SEC and the DOJ of named individuals who deliberately manipulate and peddle misinformation, often slanderous are cause for regulatory and public policy concerns.
DBMM has long highlighted the negative aspects of those paid to create chaos and scare shareholders. The Company stated in recent Shareholder Updates, that it has sought advice from individuals and organizations prudent in these matters, and participation by third parties in monitoring and gathering information.
Any such exemption is conditioned upon the bid price for such Company’s securities remaining over $0.01 for each of the Company’s next 30 calendar days on OTCQB. ($DBMM .01 50+ days hardlythecompany’saction +1)
oh.wow.OTCMGroup may consider an exemption if:a)The Company is applying for admission to OTCQB in conjunction with an initial review for quotation eligibility;
b)There has been no prior public market for the Company’s securities in the U.S. and FINRA has recently approved a Form 211 relating to the Company’s securities with a bid price equal or greater to $0.01; or
c)The Company’s securities are traded on a Qualified Foreign Exchange at a price equal to or greater than $0.01.