Dubli’s dad or mum firm Ominto has come underneath fireplace from the SEC, after the corporate did not file annual stories since September 2016.
Ominto failed to offer a motive for non-filing, however did provide the SEC a settlement upon studying of their investigation.
As per the phrases of the settlement, as of Could 1st Ominto securities registration is revoked.
Previous to Omino ceasing to file annual stories, we lined them usually. Our final article was in December 2016, noting Ominto misplaced $10.3 million over the past monetary yr.
In Could 2018 Ominto delisted itself from Nasdaq fully. This coincided with a mass resignation of present board members.
At current Dubli seems to be in gradual decline since round mid October 2018.
Alexa pegs 70% of Dubli’s web site visitors originating out of Japan, with not a lot else happening exterior of Egypt (7%) and the US (5%).