SureTrader
Interactive Brokers Advertisement
Home > Boards > US OTC > Media - Television Services > Digital Brand Media and Marketing Group, Inc. (DBMM)

A) They DIDNT <u>BUY</u> anything. These shares were

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
otterman Member Profile
 
Followed By 45
Posts 12,262
Boards Moderated 0
Alias Born 02/03/04
160x600 placeholder
otterman   Friday, 11/10/17 10:13:22 AM
Re: DollarTIME post# 147877
Post # of 148446 
A) They DIDNT BUY anything. These shares were awarded to them as remuneration of sevices.

B) These are PREFERRED SHARES and CANNOT be compared to the common shares that we own.

C) They are convertible to common shares at something like 73 to 1 (can someone confirm that?). That equals MASSIVE DILUTION to us if thet ever want to cash in these shares and get paid.

Theres your KNOWLEDGEABLE and FACTUAL answer.


"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist