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Bashers= no matter what positive event occurred for years, it was finished and lies were posted
Bashers= no positive thing said ever about company
Socratic logic boys. Manipulation is one way only and any analysis provides evidence.
You lose because your mantra is to fictionalized all and damage Company .
Bullies, misogynists, condescending self-proclaimed experts who never respect facts have no respect from me and others.
Also the law, if you said anything like you do or post crap like you do in a company would get you fired for”creating a hostile work environment.” Want examples? The cases are public information.
Not being aware of the world of 2023 should be an embarrassment.
Did your parents name you Stock Barber because they wanted you to be a basher?
Hahaha
The circus is in town
No one is going to interview a lightweight whiner. The Company has professionally and with legal prowess and utmost cooperation dealt with every level of regulation, including an ALJ Judge and the Commission. Successfully. IMO the 42 Companies dismissed out of hundreds were chosen carefully.
Idiot,Check out cases Barber posted as if they had relevance . To scare shareholders. Pump and dump.
-selling non-registered shares
-multiple monikers
-offshore addresses of multiple companies
-no legal opinions for sales
It goes on and on.
Always actually read the Complaints for the fraud perpetrated.
You guys are the frauds and your projection out of hand. The language is a template. At your peril.
Another threat. Make sure you use your real name because IMO the Company will. As will your advice to create chaos and damage.
You played this part before and it is on the record for 10+ years 24/7/365.
Lightweights always surface.
Bashers lie.
Bashers whine.
Bashers depress pps to benefit themselves and others
Bashers exceed the bright line
Bashers damage Companies with a template. Same words, same falsehoods
Bashers damage DBMM because regulators didn’t
Bashers get knocks on doors
Bashers stop bashing when in venue with a visitors log
DBMM is tenacious and proven facts in evidence.
This is a threat to DBMM and its shareholders.
On the basis of a typo ? Pathetic whiner that you are. The SEC is equally concerned about bashers like you who have posted false information in 100+ posts. Just you, Idiot. Shareholders are supporters. Non-shareholder bashers ? Motivation is willful intent to damage. Many in living color.
Bring it on. DBMM has put up
with crap before. The difference is the regulators now know about bashers like you . Acknowledging it with trumped up whining over a typo is evidence. Thanks for that. Hahaha
DBMM Rocks
Shareholders suggest you check out the rehab facilities in your geography . Clearly your descriptive moniker serves you well.
Be careful what you wish for because your deliberate attempt to create chaos and try to damage both the Company and its shareholders is defamation.
Everybody knows it is a typo, corrected by the Company immediately as on website and available there.
Pure stupidity, may blowback on your motives as they are clear. Hahahaha
The Company has no paid shareholders of any sort. Think about it. DBMM tried it early days and announced it. Canceled it and announced it . Not authentic. So to try and lie about it now is laughable. Hahaha
This basher shows his and/or employer’s desperation and his fear of potential loss of being paid to defame companies . Doesn’t want to cancel his annuity. Hahaha Like a magazine subscription .
No one would ever think the cartoonish meme who speaks lies would do it for 10+ years for free 24/7/365 and is proud to own 1 share. That is manipulation by any definition.
DBMM is the real deal “with many moving parts” all coming together. Shareholders should read Shareholder’s Update and Creds Deck newly revised.
Real deal DBMM.
Guess you don’t mind embarrassing yourself by posting the same false information you posted yesterday which was corrected. You bashers are getting sloppy. Hahaha
Do you even know how to read a financial statement? What you purposely do in broad daylight is to omit key data to mislead and that is lying, dude.
Repeat all your misleading lies are being corrected again. No toxic debt terms have been executed since 2016, yet….
You say how bad terms of CDs are, except Note 5 to Financial Statements state: “ No convertible debentures have been issued since 2015 and none executed since 2016. Certain settlements with holders of convertible debentures have been agreed since 2018 to the benefit of the Company.”
Buffoonery is intended to create chaos all conducted by clowns. No one is listening.
Shareholders know.
If you did anything like a real job, in a proper company, you would get fired.
As you dude, are a misogynist AH .
You’ve been wearing a Tin hat too long, now you sell them.
OMG Shareholders. Another self proclaimed expert who
Is here to “educate” us while they try and scare us into selling our shares.
Shareholders are observing this circus and wondering if there are people who actually buy this crap. The template is there , just change Company name , but focus on creating chaos, by screaming scam, pump & dump , and lots of name calling . Insidious behavior, no facts. Hit and run, wear people out. After all, the bashers made it work before.
Not this time.
Best you change your script as DBMM has proven itself to a sponsoring broker to Form 211 , answered all FINRA questions , got CE removed on OTCM and dismissal
from an ALJ who acknowledged the Company’s mitigating circumstances in her Dismissal and a Final Order of Dismissal. The Company has earned the right to execute its value proposition without interference. Without corruption.
The scam is yours—called projection. Your script to shake shares loose doesn’t work for DBMM. Aged debt is prudently removed by Settlement, either in fixed shares or cash or a combination of both , canceling the aged debt, ancillary derivative liabilities and interest. Since 2016 the OS has increased by 8% through the end of the 2023 fiscal year. That is 1% a year.
Anyone who calls that a scam is stealing your wallet.
Read the Shareholder’s Update . Read the Creds deck link inside the 3Q 10Q and extracted into the Update. “Lots of moving parts,” watch the wins continue.
Shareholders are reading this post as a threat, which it is and is why bashers have tried to demean and name all any who support DBMM. We deal in facts .
I support DBMM and have done proper due diligence, and yesterday’s Shareholder’s Update show how far the Company has come despite the hurdles and the continuing bashing by the Nevers.
Unlike bashers, I have credibility with documentation, a career away from the OTC and an investment portfolio , in which I am proud to have DBMM.
The bright line may have been exceeded. At your peril.
Ignorance may be your favorite place to live, it is not mine.
Wash trading is illegal and there would be no MMS if it was only algorithms did all the work. First place for A1 and no people. There are human interventions.
And the short sellers certainly wouldn’t need bashers as robots could be programmed. Short sellers do it themselves, for others, for bad actors and scare shares in hand.
The tenacity of DBMM should be very obvious by now and the won 1O times. Ignore and do revisionist history and lie.
The bashing and rampant lies with zoom mtgs and all the examples of false statements has been noted.
Bashers have been wrong 10 times. It is a conspiracy if defamation with the same 10+ year old scare tactics and chaos with false statements cement the intent to damage DBMM.
What is being done to depress pps is not only defamation it is a conspiracy. Non-shareholders do not have standing, de minimus 1 share to keep gig going, doesn’t provide standing either.
We shareholders suggest the crap, the memes, the name calling, the bold and colors, stop. Most importantly the refusal itself is defamation as you have been corrected with facts.
Back to case studies in which no one cares about 11 years ago! They are thrown out what superseded info prevails.
Many people live in the past and are happiest there as they have no standing in the present real time and certainly not the future.
——————————————————-
FYI—One more time facts 11 years ago.
Should have been no holds barred launching acquisition .
2012 is when the completed acquisition of DC took place and growth capital lined up, it was a perfect time to see the promise of the future coincident with 10-k one year later 11/30/13 INSTEAD
The mitigating circumstances of losing the funding and thrown into non-compliance with Reaudit through no fault of Company.
11/15/13 in Court Papers. Reaudit
11/30/13 Could not be filed, non-compliant then.
Get it? Egregious overreach then, yet future finally here now. Yes, DBMM knows how to run a business. Not throw in the towel.
From the cheap seats of never running or being an executive with decision making responsibility in a public company, easy to take shots.
Yet a Great Recession in place, and Bob Rubin former US Treasurer and CEO -Citigroup had to go to Abu Dhabi to raise capital.
But you know better.
Yet here we are DBMM finally dismissed. How did the SEC chose the 42 to be dismissed for the SEC internal controls malfeseance? In a public company senior people would be fired.
Bashers and other self-proclaimed experts fronting for short sellers, telling shareholders this past year to write DBMM Mgt and tell them to agree to bring revoked? The springs in the sofa are sagging! Hahaha
Revisionist history again? Astonishing to me that you just did not move on, and waste time complaining and omitting what actually occurred.
Forgot about acquiring Digital Clarify?100% of a cashflow positive company.
For one.
Shareholders don’t buy your BS.
Lie after lie after lie, including posting the remanded and vacated revocation order from 2017 , a SCOTUS remand. After being corrected a zillion times when once is required, is defamation .
Are you policing yourself? Hahaha “Going where the lies are.”
Because DBMM has had due diligence from sponsoring broker, FINRA, OTCM and SEC ALJ.
They would laugh at your self-proclaimed philanthropy. Not hardly.
Are you afraid of losing your paid gig?
Do not threaten shareholders. The Company is very well versed in legal prowess and is not to be underestimated to the benefit of shareholders. Chaos creators who whine and cry are hypocrites, IMO.
Self-importance is often short sighted. Never threaten me.
The OTC Market is a platform , not an exchange. It is a higher risk environment. Read the disclaimer.
I believe in DBMM and they deliver. I will hold and be supportive as wins continue. 80% of my portfolio is blue chip, bonds and I do not trade. I buy and hold or buy and sell. Simple as that. The market is yours to choose and not whine. Own your choices.
As I said yesterday the return to normal business occurred several weeks ago, can’t turn the yacht around without recalibrating everything first. All in the Update, metrics improving every quarter , investor awareness and outreach described , business development with new client orientation material and aged debt modification all shared.
DBMM delivers.
3/4 + of a billion dollars is a farce?
You are a case study in revisionist history and delusion.
Fox facing second defamation case on the docket shortly. Maybe you should tell them it’s a farce?
Or accept facts are everything. Not conspiracy theories . Cannot omit, infer or lie.
Call you? Hahahaha More exaggeration of anyone caring about one false statement after another. Vulgar language again? You guys need a thesaurus.
Wouldn’t wait by the phone over a typo which any thinking person sees has been on website corrected. Obviously a typo initially and you are trying to create chaos by defaming a Company whose last hurdle dismissed last month.
Always omission of key words. When Company meets criteria …working with OTCM… stated goal. Still is, as are all the bashing thereafter by you and yours.
The Company is doing exactly what it said it would do when you and the Nevers said would never happen.
More Desperation again .
More deflection. Look over here, no over there.
Bad research by the defamer as proven below. The Company corrects typos immediately . Shareholders get it like any typo in business or any written material. Real life. Facts. That is what occurred and documented as corrected.
The Company intends to Uplist . It will as stated below. With over 50 days of being over $0.01 , the goal remains the same. Step by step it will occur.
Shareholders correct false statements of bashers, and they are ignored and false nonsense continues.
What desperation over a typo corrected by the Company immediately!!!
Go DBMM.
Ignorance isn’t an excuse. Your nonsense about beneficence is insulting to anyone with a brain. Full of crap. All real shareholders do their own due diligence.
Best you read ALL 2023 posts you have personally made.
This is Defamation. When you reread your posts, read the last defamation case at Fox.
Shareholders have had quite enough of your deception and false statements and ongoing defamation of DBMM and its shareholders.
Totally agree with Gusher. The lies and misstatements you have posted month after month with a focus on scaring shareholders into selling and depressing the price are intended to damage the Company.
"Management suggests that there are lots of moving parts, and they will be integrated one step at a time. As a public company, especially on the OTC, there are a myriad of paid bashers to short stock for themselves or others, while the company will continue to deliver hard results quarter to quarter. DBMM will not share plans, ideas, strategy, or tactics that gives DBMM a competitive advantage. Trust us to deliver, with wins". - Extracted from July 17th update
In concert with your cabal of bashers post deception after deception which is captured/documented, and in hand by serious shareholders . The Company is on record as to this effort at manipulation 24/7/365.
Particularly when the nonsense you posted is misleading in the extreme and has been corrected. The Company indicted its INTENT to Uplist in an Update back to Jan-Feb 2023 following its return to normal trading, when pps was as high as $0.039. The cabal since then has told lie after lie including that the Company was going to be revoked last weekend when in fact the AP was dismissed by final order last month.
The Company’s return to normal business is also described in detail with facts. Your Intent is to damage the Company and the continuous false posts after being corrected is defamation.
Follow your posts on CDS which are false despite correction by shareholders, to depress and negatively influence. Just one example.
Defamation is also very much a legal
concern. The pattern of behavior by you is defamation and your intent is to damage DBMM.
DBMM’s intent is to Uplist step by step just like its intent was to return to normal trading (12/20/22 and return to normal business (6/2/23).
IMO DBMM intent is aspirational and your intent is corrupt.
Chaos creators
Revisionist history again??? Hahaha
Sounds like the crazy uncle at Thanksgiving who tells you why RESULTS don’t matter , who REALLY won the SuperBowl , World Series, Oscar only won because… because ….see——this is how it really . Hahaha
Except doesn’t change anything but shareholders see your refusal to see accept facts and reality.
FYI- sadly no revisionist history for you. SEC never uses the word “guilty.” Dude, this was delayed filings and DBMM stipulated it was delayed with mitigating circumstances and that was acknowledged by an ALJ and Dismissed the case.
But who cares, the Final Order of Dismissal is the outcome.
A misogynist and a vulgarian. Fabulous combination , you wear it well. We all know who and what you are.
Try to bully is when you cannot make a cogent argument. The 3Q23 was exactly the right positioning for the first filing after the Final Order of Dismissal.
Each quarter improving the metrics, investor awareness and outreach infrastructure being positioned, business development Creds Deck and ongoing aged debt modification all moving forward.
Go back to the sofa, DBMM on
Shareholders are encouraged to read the Shareholders Update as the “blueprint” is clear. First filing in a matter of weeks after Final Order of Dismissal. Once again an improved quarter while gearing up and returning to normal business.
Take the time to Click onto the new, updated Creds Deck in the Update. Very professional . Have a look.
http://www.dbmmgroup.com/wp-content/uploads/2023/07/DBMM_Creds_Deck_2023.pdf
"In order to share the process of brand building the business, the Company updated its Creds Deck which provides a description to prospective clients of Digital Clarity’s value proposition" - July 17th update
All the Chicken Little crap which rained over the Board last week and all weekend (in the summer, 24/7 !!!) from the paid basher cabal, was totally full of BS , name calling and invective. Didn’t work to shake shares loose from longs. Note: Wrong yet again.
More of your opinions . Everyone can read and doesn’t need your doing anything to increase your basher post count . Always try to impede supporters and stir s—- chaos to do your job. Couch potatoes judgment lame in anyone’s book.
Paraphrasing and agreed mightily with what Gusher said like an adult who does his own
due diligence, the 3Q filing is not significant , the post-dismissal outlook is.
The Shareholder’s Update is a great overview of the way forward, the Q improves every quarter and IMO there is nothing holding DBMM back with Digital Clarity as the Flagship and LTIs to move to up to NASDAQ step by step. Organic growth and acquisition to get Company there.
There are no hurdles. Improvement in metrics quarter to quarter. DBMM knows exactly how to do it, in it to win it.
SHAREHOLDER UPDATE – DBMM JULY 17, 2023
Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), and its operating brand, Digital Clarity (“DC”) concurrently sharing their latest Update with the SEC EDGAR filing for its 3Q2023 10-Q today.
Concluding our 3Q 2023 fiscal year, DBMM is pleased to provide an Update on the state of the company and the tremendous progress that has made over the past year. This is a fortuitous filing as it is the first filing since the SEC’s Final Order of Dismissal on June 2, 2023. Each quarter has shown improvement and that trajectory will continue.
Before we discuss the Financial Statements, we want to express Management’s gratitude to our supporters, long-term investors, shareholders, and all stakeholders, for their continued trust and support. This ongoing support has played a crucial role in our growth, and we remain committed to delivering value and maximizing returns for our shareholders. The hurdles are behind us.
The Company is benefiting from the continued support of its Long-Term Investors (LTIs). These investors are fully vetted and like-minded and each has a strong track record that speaks for itself and is documented in the financial statements since October 2017. The Company has been assured that its investors have belief in DBMM’s step-by-step strategy for each “win,” thus far. Next win to Uplist, while growing organically and by acquisition. It is important to note that cashflow financing support is now $2.1 million since their capital infusion in the Fall of 2017. Our long-term growth strategy has been highlighted in previous Shareholder Updates and recently the issuance of Press Releases.
The overreach of the DOE came to an end on June 2, 2023, with the Final Order of the Dismissal ordered initially on November 12, 2019 which had been awaiting closure by the SEC. Link
Dealing in real time, returning the Company to normal business post-Dismissal is not like pushing a button to return to normal trading. The Company is conducting new initiatives in business development while continuing with financial management in aged debt renegotiations. All initiatives streaming are intended to increase shareholder value.
Management suggests that there are lots of moving parts, and they will be integrated one step at a time. As a public company, especially on the OTC, there are a myriad of paid bashers to short stock for themselves or others, while the company will continue to deliver hard results quarter to quarter. DBMM will not share plans, ideas, strategy, or tactics that gives DBMM a competitive advantage. Trust us to deliver, with wins.
Before the Company highlights the major points of the 3Q23 10-Q filing, it is worth shareholders, long-term investors, and supporters reflecting and celebrating, how far the company has come. The DBMM story is about a company facing seemingly insurmountable obstacles. From the very onset of targeting the right acquisition in Digital Clarity, intending it to be the Flagship Brand for the parent company, DBMM had to navigate a treacherous landscape, battling skepticism, toxic lenders, overreaching regulators, and egregious litigation, all in the midst of difficult macroeconomic challenges. The Company shout-out is not only are we still here, but growing. In short, everything the company has said it would do, it has done in order to return to normal trading and then a return to normal business.
Revenues
– Improvement of 31% over the same period 2022, and a 25% increase for a 9-month period.
– There was a Gross Profit in Operations as there was in the same 3-month period in 2022, and carried through gross profit for nine-months
Read the section entitled “Earnings (loss) Per Common Shares”* See p.9 3Q2023 10-Q
– Positive Net Income, * which represents a positive gain in 3 months in 2023 compared to a Loss of $(-282,895) in the same period in 2022
According to Earnings (loss) per common shares definition,* whenever there is both positive net income and convertible debentures on the balance sheet, regulations require a calculation must take place to “assume conversion of all potentially dilutive securities outstanding.” This dilutive number is a paper number as stated in the definition and Note 5 following Financial Statements, CDs not executed since 2016. The paper only effect on the weighted average number of shares shows dilution because of the two contrary events of positive net income and CD’s which remain until they are settled and canceled, one lender at a time.
Reduction in Aged Debt
– Following the strategy of removing aged debt there will be a reduction of aged debt which took place in the 4Q23. Shown in Subsequent Events as 30 million restricted shares.
Derivative Liabilities
-As each CD is removed, so are Derivative Liabilities as described in 2Q23Update.
Settlement of UK Rent Dispute
-Reduction in liability to the lessor
Dissolution of RTG Ventures (Europe) Limited
– It is expected there will be significant liabilities removed from the balance sheet based on the dissolution of RTGVE.
Cashflow Net Losses
-Another paper loss, not a debt or a liability presents with volatility in pps and the presence of CDs and Derivative Liabilities.
Setting out the blueprint for investor awareness
The Company has been evolving the plan for investor outreach for some time, but could not execute its outreach until Final Dismissal closed. The Company is now seeking new like-minded shareholders who understand the industry in wider geographical locations. For clarity, the Company has extracted below from 3Q23 10-Q entitled “Growth in Investor Awareness and Outreach:”
“We expect that, in 2023, the strategic outreach will be directed at investors around the world who understand the digital marketplace and its expanding influence on consumer decisions. DBMM will target new investors through a global digital and traditional integrated investor outreach campaign which will be run by Digital Clarity, with third parties, as required, for distribution. In all areas, the Company will act in the interests of all stakeholders.
In the full industry context of dramatic expansion of digital footprints, there has been no direct correlation between DBMM’s revenues and its share price. Economic and industry analysts have opined that the industry multiple continues to grow to, in some cases, 25-30 times revenues. DBMM will expand its client and geographic scale, thus increasing revenues. There were matters outside of DBMM’s control that caused growth to be in neutral, and in 2020/21 the pandemic threw all planning into disarray. With capital infusion following the closure of the SEC review with a final order of the earlier dismissal, 2023 will follow the model of a growing client base and geographic reach until it achieves a TBD level of profitability. We anticipate the benchmark will replicate successful industry models in digital technology, marketing, and company transformation.”
About the Operating Business— Digital Clarity
The point of including these items in the Shareholder Update is that the 10-Q is the Company’s public voice to discuss the Financial Statements as the Company’s evolving narrative. Now turning from the financial and structural foundation for the business, a few comments on the progress thus far on the operating brand, Digital Clarity.
Reggie James, the Founder and Managing Director of DC and the Chief Operating Officer of DBMM said, “Digital Clarity, as the operating unit of DBMM, looks to maintain a significant growth momentum driven by a clear strategy, strong execution, and robust end-market trends. We are still in the early stages of capitalizing on the immense potential of our process-driven model and growing experienced team, one step at a time.”
James went on, “Digital Clarity is a respected, trusted advisor operating in the dynamic marketing consultancy sector, serving Business to Business organizations that operate in the burgeoning software and technology space. As the marketing consultancy sector continues to flourish, Digital Clarity is strategically positioned to capitalize on this rapid expansion. The need for improved customer digital experience is reflected in recent research from renowned industry analysts, and reports predict a market size of over $4 billion by 2026 and the market’s growth momentum will accelerate at a CAGR of 4.75%. Having worked with analyzing company data and web analytics, the rise in large language models in generative Ai has allowed DC to leverage its experience in this often misunderstood but growing space of Ai.”
James continued, “While AI brings enormous potential, it is essential to have experienced marketers and consultants who understand the nuances of AI-driven strategies. Digital Clarity possesses the expertise to interpret AI-generated insights, fine-tune algorithms, and optimize AI models for maximum impact. Digital Clarity’s deep understanding of both marketing principles and AI technologies ensures that businesses make informed decisions and extract the most value from their AI investments. Therefore, it is crucial to have a well-defined AI marketing strategy. Digital Clarity helps clients identify key objectives, understand the target audience, select appropriate AI tools, and integrate them seamlessly into existing marketing workflows. By aligning AI initiatives with business goals, Digital Clarity can optimize its clients’ marketing campaigns and achieve better results. We look forward to talking more about this and other initiatives.”
James added, “Digital Clarity will look to grow its team of industry experts and, combined with its technological prowess, it will position the company to capture an increasing share of the prolific marketing consultancy market. As stated in the recent Emerging Growth Conference the company is seeing new eyes on the stock as well as new business opportunities. By staying at the forefront of industry trends and delivering exceptional results for clients, Digital Clarity is confident in its ability to generate significant shareholder value. We look forward to discussing these with all stakeholders as we progress.”
In order to share the process of brand building the business, the Company updated its Creds Deck which provides a description to prospective clients of Digital Clarity’s value proposition.
DBMM has always prioritized protecting its shareholders by building shareholder value through facts, data, and established milestones, when achieved will be shared publicly. DBMM as the holding company has a competitive advantage by leveraging its Flagship Digital Clarity and its relationships. Best Practice requires each stakeholder to be a winner. While the delivery remains a work in progress, we are on the journey together and have been proven to be stronger together. In all areas, the Company will act in the interests of all stakeholders.
Linda Perry and Reggie James
DBMM Management
https://www.dbmmgroup.com/shareholder-update-dbmm-july-17-2023/
SB hasn’t a clue, he is a basher who tells you how much he knows, then when continuously wrong, pretends that he meant something else.
Long Term Investors came in to provide cashflow financing in late 2017 to cure delayed filings and want to support DBMM to get to NASDAQ.
They are NOT shareholders, they provide loans for capital infusion . Very prevalent in digital companies, payback at exit or out of increased growth revenues.
Management has relationships with LTI whales both socially and previous business situations. As described by Company they are in it to win it.
Do I have to conduct a Master Class in how to read an SEC 10-Q or K Financial Statement? The bashers et al need to go to school and read the 2023 SEC instructions and regulations for reporting.
-The OS on front page is day of filing release 7/17/23
-the Financial Statements are March 1-May,31,2023
- 30million restricted shares for aged debt issued June 13,2023 and will be reflected in 4thQ 23 10-K annual audited report.
This is Corp Fin 101.
Also bash first, without even considering the parameters of the quarter.
Shame and misleading if I didn’t correct, just like revocation.
Total BS. I don’t want to call you a financial moron, but not leaving me any choice.
Do your homework, no revocation, dismissal by SEC instead, OTCM working with DBMM each “win” already FINRA and OTCM clearance. SEC Amendments to 15c2-11 on Sept 28,202 delegated authority to OTCM for OTC companies. DBMM acknowledged Pink Current while 2,800+ companies thrown off platform and not allowed to trade.
OTCM is not a PR company. They are being directed more and more authority by the SEC.
Starting when you swanned in yesterday proclaiming revocation, you have been wrong on everything. You have not a clue what you are talking about in 2023.
There is only aged toxic debt is CDs which is being settled for much less and canceled. All
Not insolvent with longterm cashflow financing of $2.1 cash infusion and in it to win it.
BIG DUH! All being managed step by step.
Do you even know how to read a financial statement —because you do know how to omit key data to mislead and that is lying, dude.
You say how bad terms of CDs are, except Note 5 to Financial Statements state: “ No convertible debentures have been issued since 2015 and none executed since 2016. Certain settlements with holders of convertible debentures have been agreed since 2018 to the benefit of the Company.”
Or Omit Net Income turn positive
Or include Cashflow Net Loss which has already been described in Update as a paper loss . Why don’t you direct people there.
Such BS— “lots of moving parts post-Dismissal and the flagship Company laying out “blueprint” in Text of Update.
Shareholders know.
How about everybody exhale and stop guessing the future. It will be better every quarter. Even had Net Income this quarter. One step at a time.
IMO Definately no increase in AS as last increase was 2016 and no need as less than half in OS.
Debt is primarily cashflow financing, intended to be repaid primarily out of growth . That is why the digital world uses it as allows for growth with money into business first. Read Shareholder Update . Exciting times ahead.
Relax. DBMM knows exactly what it is doing for the benefit of us!
Shareholders aren’t stupid, nor baited .
Shareholders know after a well fought dismissal , can’t turn the yacht around in a few weeks to return to normal business.
With LTIs behind us and investor awareness and outreach programs being established as an infrastructure for a very exciting future.
No wonder they want our shares! SEC reports will be better each quarter . Pps, revenues, valuation, market cap growing and it will be one fab journey.
Ignore the white noise. So-o boring and whiny. But DBMM keeps winning!
SHAREHOLDER UPDATE – DBMM JULY 17, 2023
Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), and its operating brand, Digital Clarity (“DC”) concurrently sharing their latest Update with the SEC EDGAR filing for its 3Q2023 10-Q today.
Concluding our 3Q 2023 fiscal year, DBMM is pleased to provide an Update on the state of the company and the tremendous progress that has made over the past year. This is a fortuitous filing as it is the first filing since the SEC’s Final Order of Dismissal on June 2, 2023. Each quarter has shown improvement and that trajectory will continue.
Before we discuss the Financial Statements, we want to express Management’s gratitude to our supporters, long-term investors, shareholders, and all stakeholders, for their continued trust and support. This ongoing support has played a crucial role in our growth, and we remain committed to delivering value and maximizing returns for our shareholders. The hurdles are behind us.
The Company is benefiting from the continued support of its Long-Term Investors (LTIs). These investors are fully vetted and like-minded and each has a strong track record that speaks for itself and is documented in the financial statements since October 2017. The Company has been assured that its investors have belief in DBMM’s step-by-step strategy for each “win,” thus far. Next win to Uplist, while growing organically and by acquisition. It is important to note that cashflow financing support is now $2.1 million since their capital infusion in the Fall of 2017. Our long-term growth strategy has been highlighted in previous Shareholder Updates and recently the issuance of Press Releases.
The overreach of the DOE came to an end on June 2, 2023, with the Final Order of the Dismissal ordered initially on November 12, 2019 which had been awaiting closure by the SEC. Link
Dealing in real time, returning the Company to normal business post-Dismissal is not like pushing a button to return to normal trading. The Company is conducting new initiatives in business development while continuing with financial management in aged debt renegotiations. All initiatives streaming are intended to increase shareholder value.
Management suggests that there are lots of moving parts, and they will be integrated one step at a time. As a public company, especially on the OTC, there are a myriad of paid bashers to short stock for themselves or others, while the company will continue to deliver hard results quarter to quarter. DBMM will not share plans, ideas, strategy, or tactics that gives DBMM a competitive advantage. Trust us to deliver, with wins.
Before the Company highlights the major points of the 3Q23 10-Q filing, it is worth shareholders, long-term investors, and supporters reflecting and celebrating, how far the company has come. The DBMM story is about a company facing seemingly insurmountable obstacles. From the very onset of targeting the right acquisition in Digital Clarity, intending it to be the Flagship Brand for the parent company, DBMM had to navigate a treacherous landscape, battling skepticism, toxic lenders, overreaching regulators, and egregious litigation, all in the midst of difficult macroeconomic challenges. The Company shout-out is not only are we still here, but growing. In short, everything the company has said it would do, it has done in order to return to normal trading and then a return to normal business.
Revenues
– Improvement of 31% over the same period 2022, and a 25% increase for a 9-month period.
– There was a Gross Profit in Operations as there was in the same 3-month period in 2022, and carried through gross profit for nine-months
Read the section entitled “Earnings (loss) Per Common Shares”* See p.9 3Q2023 10-Q
– Positive Net Income, * which represents a positive gain in 3 months in 2023 compared to a Loss of $(-282,895) in the same period in 2022
According to Earnings (loss) per common shares definition,* whenever there is both positive net income and convertible debentures on the balance sheet, regulations require a calculation must take place to “assume conversion of all potentially dilutive securities outstanding.” This dilutive number is a paper number as stated in the definition and Note 5 following Financial Statements, CDs not executed since 2016. The paper only effect on the weighted average number of shares shows dilution because of the two contrary events of positive net income and CD’s which remain until they are settled and canceled, one lender at a time.
Reduction in Aged Debt
– Following the strategy of removing aged debt there will be a reduction of aged debt which took place in the 4Q23. Shown in Subsequent Events as 30 million restricted shares.
Derivative Liabilities
-As each CD is removed, so are Derivative Liabilities as described in 2Q23Update.
Settlement of UK Rent Dispute
-Reduction in liability to the lessor
Dissolution of RTG Ventures (Europe) Limited
– It is expected there will be significant liabilities removed from the balance sheet based on the dissolution of RTGVE.
Cashflow Net Losses
-Another paper loss, not a debt or a liability presents with volatility in pps and the presence of CDs and Derivative Liabilities.
Setting out the blueprint for investor awareness
The Company has been evolving the plan for investor outreach for some time, but could not execute its outreach until Final Dismissal closed. The Company is now seeking new like-minded shareholders who understand the industry in wider geographical locations. For clarity, the Company has extracted below from 3Q23 10-Q entitled “Growth in Investor Awareness and Outreach:”
“We expect that, in 2023, the strategic outreach will be directed at investors around the world who understand the digital marketplace and its expanding influence on consumer decisions. DBMM will target new investors through a global digital and traditional integrated investor outreach campaign which will be run by Digital Clarity, with third parties, as required, for distribution. In all areas, the Company will act in the interests of all stakeholders.
In the full industry context of dramatic expansion of digital footprints, there has been no direct correlation between DBMM’s revenues and its share price. Economic and industry analysts have opined that the industry multiple continues to grow to, in some cases, 25-30 times revenues. DBMM will expand its client and geographic scale, thus increasing revenues. There were matters outside of DBMM’s control that caused growth to be in neutral, and in 2020/21 the pandemic threw all planning into disarray. With capital infusion following the closure of the SEC review with a final order of the earlier dismissal, 2023 will follow the model of a growing client base and geographic reach until it achieves a TBD level of profitability. We anticipate the benchmark will replicate successful industry models in digital technology, marketing, and company transformation.”
About the Operating Business— Digital Clarity
The point of including these items in the Shareholder Update is that the 10-Q is the Company’s public voice to discuss the Financial Statements as the Company’s evolving narrative. Now turning from the financial and structural foundation for the business, a few comments on the progress thus far on the operating brand, Digital Clarity.
Reggie James, the Founder and Managing Director of DC and the Chief Operating Officer of DBMM said, “Digital Clarity, as the operating unit of DBMM, looks to maintain a significant growth momentum driven by a clear strategy, strong execution, and robust end-market trends. We are still in the early stages of capitalizing on the immense potential of our process-driven model and growing experienced team, one step at a time.”
James went on, “Digital Clarity is a respected, trusted advisor operating in the dynamic marketing consultancy sector, serving Business to Business organizations that operate in the burgeoning software and technology space. As the marketing consultancy sector continues to flourish, Digital Clarity is strategically positioned to capitalize on this rapid expansion. The need for improved customer digital experience is reflected in recent research from renowned industry analysts, and reports predict a market size of over $4 billion by 2026 and the market’s growth momentum will accelerate at a CAGR of 4.75%. Having worked with analyzing company data and web analytics, the rise in large language models in generative Ai has allowed DC to leverage its experience in this often misunderstood but growing space of Ai.”
James continued, “While AI brings enormous potential, it is essential to have experienced marketers and consultants who understand the nuances of AI-driven strategies. Digital Clarity possesses the expertise to interpret AI-generated insights, fine-tune algorithms, and optimize AI models for maximum impact. Digital Clarity’s deep understanding of both marketing principles and AI technologies ensures that businesses make informed decisions and extract the most value from their AI investments. Therefore, it is crucial to have a well-defined AI marketing strategy. Digital Clarity helps clients identify key objectives, understand the target audience, select appropriate AI tools, and integrate them seamlessly into existing marketing workflows. By aligning AI initiatives with business goals, Digital Clarity can optimize its clients’ marketing campaigns and achieve better results. We look forward to talking more about this and other initiatives.”
James added, “Digital Clarity will look to grow its team of industry experts and, combined with its technological prowess, it will position the company to capture an increasing share of the prolific marketing consultancy market. As stated in the recent Emerging Growth Conference the company is seeing new eyes on the stock as well as new business opportunities. By staying at the forefront of industry trends and delivering exceptional results for clients, Digital Clarity is confident in its ability to generate significant shareholder value. We look forward to discussing these with all stakeholders as we progress.”
In order to share the process of brand building the business, the Company updated its Creds Deck which provides a description to prospective clients of Digital Clarity’s value proposition.
DBMM has always prioritized protecting its shareholders by building shareholder value through facts, data, and established milestones, when achieved will be shared publicly. DBMM as the holding company has a competitive advantage by leveraging its Flagship Digital Clarity and its relationships. Best Practice requires each stakeholder to be a winner. While the delivery remains a work in progress, we are on the journey together and have been proven to be stronger together. In all areas, the Company will act in the interests of all stakeholders.
Linda Perry and Reggie James
DBMM Management
https://www.dbmmgroup.com/shareholder-update-dbmm-july-17-2023/
More out of context pretend you know proper application of Securities Law. Hahahaha In defamation law, repetition of corrected false information is a pattern of behavior — equals defamation. Damage et al, study up.
Want to tell shareholders that DBMM getting revoked again? Put up a picture? Over here, no, no over there!
Never underestimate DBMM. It knows exactly what it is doing via analysis and facts always swathed in legal propriety. Won 10 separate times as bashers claimed in bold and colored font it Never would. Nevers wrong 10 times.
Shareholders know.
What a miserable miscreant! Best you research DBMM’s 10 wins to bashers -0-.
The self-congratulatory paid bashers who praise themselves or each other have a pattern of behavior which is misinformation and intended chaos with falsehoods.
No education, no credentials, no gravitas in financial circles, no nothing but the sound of their own voice when corrected with facts over and over.
Shareholders know.
And you are devoid of facts and dishonest. Defamation center stage in legal circles this year. Ask Fox.
Yesterday you posted the Company was going to be revoked based on an old AP now Dismissed. Even the oldest superseded a zillion times, including an earlier Dismissal which was the Standing Order until the Final Order.
And now today no revenues? DBMM has always had revenues , audited revenues. Every year. 2018 had $536K pre-pandemic.
Coming back from overreach, but Dismissed. Every quarter has been better than previous quarter.
Bashers mislead with deception continuously. Shareholders know.