"The SEC's complaint alleges that the Defendants purchased nearly 2,000 convertible securities from about 325 microcap stock issuers, converted the securities into more than 100 billion newly-issued shares of common stock" $DBMM naked shorted heavily, Kramer's team andcohorts have to pay/cover...shortsqueeze coming
If you had any clue about the Kramers you would know this is what they have been doing for years. They will just pay the fine and create new companies and do it all over again. Has absolutely nothing to do with DBMM just bag holders like yourself are so desperate you will try anything to lure in new sheep to buy your worthless shares.
As alleged, Kramer and his companies were not registered as dealers with the SEC or associated with a registered broker-dealer, as their activities required them to do.
What does this have to do with naked shorting or DBMM? Right... NOTHING!
Hopefully this finally blows up THE BIG LIE!
If I was long and believed the crazy NSS tales, I'd see this news as very bad news indeed!
Good. Kramer is a skunk and that has been said here by myself and many others. I'm glad the SEC is able to nail him for wrongdoing. It remains to be seen whether or not DBMM is included in that group of companies though. Let's wait and see.