“For no reason”?? Obviously, the SEC disagrees with your opinion. They felt there WAS a reason and it’s THEIR opinion that counts. Your opinion means BUPKUS.
It’s hardly the fault of the SEC that DBMM’s accounting firm was (apparently) not doing things correctly. I’m quite sure that ALL of the firms using that accounting firm had to restate THEIR financials also.
DBMM CHOSE to drag their feet in that compliance. That’s what got them into trouble.
The “head judge”?? Hahahaha! The “head ALJ” position is one that delegated to a different ALJ at regular intervals. It means very little.
At any rate? As I have clearly shown, Foelaks ruling meant zilch. The Board of Commissioners never gave her ruling its final approval. Something that is REQUIRED for it to have any effect.
The fact that the OIP was STILL ACTIVE FOR almost THREE YEARS after Foelak came out with her zany ruling PROVES HER RULING MEANT NOTHING!
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