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Shareholders have done extensive due diligence and suggest you chat with those that can provide facts which illustrate how the Company did an excellent acquisition and met incredible regulatory challenges and got one win after another. Not a scintilla of negative issue with DBMM financials . Actually supportive in mitigating circumstances all documented.
DBMM has guts and grit and Long-term Investors who have provided $1.8million in cashflow financing. All in filings.
Hearing nonsense from one point of bias without ever mentioning the public information of winning from lawsuit to Dismissal to FINRA clearance and OTCM support is worth pursuing.
omission of pertinent facts not providing useful info. Happy to speak to you or directing you to others with an honest, balanced view. It is all documented.
Shareholders know.
“Desperation…?”
Completely false information shareholders are aware that this was 10+ years ago. The Statute of Limitations is in place by the regulators for a reason.
This is so false as was superseded because a previous merger plan with ANHL was rescinded by DBMM because ANHL could NOT meet the Conditions of Closing as stated in 10-K of 2010-2012. All in filings for each year.,
To extract a very early PR, clearly superseded, is misleading. Focus on DC and Dismissal of 11/12/19.
DBMM protected its shareholders and did NOT expend 1 share and kept all funds to expedite merger paid by ANHL as break up fee costs.
Good business by DBMM..
Shareholders know.
And ALL shareholders are still here. Shareholders are not stupid.
Shareholders know.
Wrong, wrong, wrong.
Standing Legal Order is Dismissal of ALJ on Nov 12,2019.
Keeping up essential.
Never fear a 10th and 11th win which are in the pipeline just like the 9 preceding. Take it to the bank . DBMM delivers every time.
Repeat, there is no toxic debt in DBMM. Your opinion is opinion, not fact.If it was toxic it would be labeled as such by the Auditor.
In DBMM, nothing has ever been written off ever and settlements progressing as intended. DBMM has funding in place since 2017.
That is fact. Repeat: DBMM has no toxic debt. Full stop.
Repeat, there is no toxic debt in DBMM. Your opinion is opinion, not fact.If it was toxic it would be labeled as such by the Auditor.
In DBMM, nothing has ever been written off ever and settlements progressing as intended. DBMM has funding in place since 2017.
That is fact.
The Company ‘s SEC 10-Ks and 10-Q’s are audited and accurate. The CD $ is reduced with every Settlement. Read the last Update contained in my previous as an education re CDs in DBMM.
The pejorative use of the word “toxic” is false. There is no toxic debt in DBMM.
As shareholders said yesterday, there is NO toxic debt.
As stated in the 2Q23 10-Q and Update of April 13,2023.
Read the last Update.
All CDs will be removed from Financial Statements one lender at a time via Settlements to the benefit of the Company. DBMM has documented the systematic elimination of CDs
.
https://www.dbmmgroup.com/shareholder-update-april-13-2023/
A Corporate Resolution in 2015 stated that the Company will not issue any more Convertible Debentures as financing vehicles. It has not.
Shareholders know.
Look up definition of “aggregate” for CD $ amount.
Read MD&A for strategy and outcomes since 2020.
Read last Update for description of various segments of the Financial Statements.
Conflation of dates and amounts. Do your due diligence all public information with documentation that shareholders know to be facts. Read my last post.
Litigation closed with cash less than principal to benefit of Company. No judgment, No interest. No shares. CDs canceled.
Hope Capital case precludes Kramer and network of companies from receiving shares. See undertakings of Cease and Desist Order in Oct 2016.
https://www.sec.gov/litigation/admin/2016/33-10239.pdf
https://www.sec.gov/litigation/admin/2016/33-10239-s.pdf
Extracted Legal Proceedings from 10-k 2018 Amendment 1. See below
LEGAL PROCEEDINGS
1.The Company was involved in a litigation, Asher Enterprises, Inc. v: Digital Brand Media & Marketing Group, Inc., Index No.600717/2014, in the Supreme Court of the State of New York, County of Nassau. The Plaintiff alleged $337,500 breach of contract principal and damages arising from an untimely periodic filing in 2013. On September 14, 2014 the Court declined to grant the plaintiff's application for default judgment and Linda Perry was removed as a defendant. The Court awarded judgment in favor of the Plaintiff on July 15, 2015 in the amount of $122,891.87, which did not include $25,000 paid in a subsequent settlement in February 2016.On June 18, 2018 the matter was settled between the parties with an Addendum to the Settlement Agreement, for a final payment of $65,000 which was paid in full on the same date. A Stipulation of Discontinuance was filed with the Court ending the litigation. A Satisfaction of Judgment through the Settlement Addendum was coincidently filed. The litigation is closed.
-No CDs issued since 2015
-No CDs converted to shares since 2016
-CDs are aged debt, canceled one lender at a time
-Aged Debt settled one lender at a time to benefit of Company
- Read last Update Derivative Liabilities , CDs
- CD will zero out, one lender at a time
$DBMM
FACTS:
- Kramer/Asher settled 5 years ago. CDs canceled. No shares ever issued.
- 2Q2023 10-Q CDs are aged debt. Not toxic, show where the word toxic is stated?
-in 2015 the Company announced a Corporate Resolution to never use convertible debentures as a financing vehicle again as company policy
-SEC instructions followed precisely in filings. Privacy mandated.
Shareholders know.
No CD conversion since May, 2016, no CD issuance since 2015. Read latest 10-Q MD&A for aged debt settlements one by one to the benefit of the Company. CDs canceled one lender at a time and CD outstanding $-amount reduced. This paragraph has been restated zillions of times.
Read last Update re CDs and Derivative Liabilities as will be -$0- aged debt at a time.
No toxic debt. None.
Key word “litigated.”The 2 loans in question in litigation were canceled. No shares issued. None.
FYI- under Rule 144 the criteria for CD conversion is, no more than 10% of OS in 90 days. Cannot hold shares, must be sold during that period.
Read the documentation.
Semantics . Read Legal Proceedings in 10-k. Hardly paid in full. The judgment only included interest to July 2015. Do the math.
Settlement in June 2018, benefitted Company and closed litigation. Never a share issued associated with the CDs.
Total nonsense All public info is available in filings , Updates and Court Papers. DBMM has cleared all hurdles, step by step.
There is no toxic debt. There is aged debt being eliminated lender by lender for less than debt for the benefit of the Company.
Once again that is superseded info which is unethical and false, dates should always be provided. The timing is everything.
The extract is old. The Settlement was June 20, 2018. Shareholders note never provide dates.
See my Post 298750 which has correct 10-K 2018 extract
Total false statement. Read filings and Updates and the actual Court Papers. Like shareholders do.
2 CDs purchased by Kramer in 2012! Neither every converted into shares as litigated . In 2016 Kramer signed Consent Decree with SEC to not receive or go after public shares in companies or subsidiaries.
Settlement in cash to benefit of Company June 20,2018 . No shares ever issued for the CDs. CDs canceled.
No revocation in a million years.
Standing Order a Dismissal Nov 12,2019.
Facts required. Shareholders know.
Facts come from filings and Updates. “No means of repaying..” HUH? Totally false.
LTIs support growth next . Loans covered by increases in revenues . How ridiculous to suggest that means bankruptcy.
Return to previous revenues pre-pandemic first (2018 $538K) then grow.
All documented.
Facts are essential.
There has been Absolutely no increase in Outstanding. See TA verification on OTCMarkets. The Company has cashflow financing with no equity provision . They are loans.
Pls check facts .
Self-proclamation of trading superiority is an oxymoron in that depression of pps is manipulation in plain sight.
The norm is not the Avenue for NSS. Not the synthetics, counterfeit and phantom shares. None of them surface until they do.
Like bearer bonds which are illegal in the US , but still used in the rest of the world.
Like I have said before, if it was easy the regulators en masse, would not be stating vehemently that they will be ferreted out.
Do your due diligence , clue check dates and math. Hint: do not conflate. To assume 2 RSS, 2 years apart, are just glommed together as if all are the same, is illogical.FYI— Shareholders cannot be a constant. Makes no sense.
Oh and there never were 5 billion shares. Do your own DD.
Hint: Questions are faulty.
Shareholders know.
Renewed calls for short selling ban puts pressure on SEC’s Gensler
IMO This effort will spillover from bank stocks to all industries short sellers. Those paid to depress pps should take heed. Evidence is evidence.
Gary Gensler, against advice of career workers in the SEC, is pushing to ban the short-selling of regional bank stocks, in the wake of recent collapses and falling stock prices.
https://www.foxbusiness.com/markets/renewed-calls-short-stelling-ban-pressure-sec-gensler
$DBMM
See Post 298429 re Kramers.
DBMM - no CDs conversions since May, 2016 via Corporate Resolution.
7 years ago
“….no conversion clause during delinquency…” question
Facts and background:
1. In May, 2016 the Company did a Corporate Resolution to not convert any CDs in place. Last conversion same date. That followed no CDs since 2015.
2.DBMM SEC OIP May 16, 2017. Last filing was 3Q2015.
3.There was not a “no
Conversion clause, “ rather a corporate resolution by the BOD .
It has been 7 years and the Company has neither issued nor converted any CDs. There have been settlements of aged debt lender by lender to the benefit of the Company. That strategy continues.
Keeping up is essential
It is laughable to cite two CD’s which were 2011 and 2012 coincident with both the acquisition of DC in the midst of the Great Recession, and settled for less than face value of principal in 2018 for cash. Never allowed to convert or achieve any terms.
FYI- That was 12 years ago and DBMM prevailed. Reaudit, Dismissal, application from MM to FINRA on behalf of DBMM and removal of CE, Uplisting following instructions from OTCM.
Shareholders know.
Yet another false statement with no facts.
After filing the Super 10-K, DBMM settled on its terms for 50% less than owed with principal and interest. DBMM did exactly what it said it would do as they had the facts to force a much discounted settlement to close forever to its benefit.
Shareholders know the facts and allegations and opinions consistently false. Shareholders are not stupid.
$DBMM
Totally wrong. Opinions with no facts .
Kramer has used 10 companies, and each time sanctioned by the SEC simply pays the fines as is much less than they make along the way.
Very simple.
For the zillionth time, if it was so easy to identify NSS there wouldn’t be the furor over the subject from multiple regulators, starting with the DOJ, the SEC, FINRA and OTCM. Each oversight agency is committed to doing away with NSS. After all, they are illegal.
The DTCC cannot identify counterfeit or phantom shares or other nefarious means. Shareholders have done their own due diligence.
The description provided is once over lightly—if it was that easy, it would not be the problem raised by all the agencies above.
Shareholders do their own Due Diligence
Making false statements when the Court Papers and documented Settlement say otherwise is factually the evidence .
Good investigation and negotiation is called “besting the opposition“ which is why DBMM prevailed at a much discounted settlement .
I’m a Portfolio investor and know that false statements become a label. Happy Saturday.
Shareholders aren’t stupid and covering shorts need to be relentless and the documentation is obvious
The Company is working on win #10 and #11. No one can change the support of the LTIs and the future growth in play.
This is total nonsense, as there is no way for a transfer agent to know whether or not there were NSS. Counterfeit, phantom et al are not in plain sight or audited TA’s would be able to give a list .
Just more misinformation. Shareholders know.
Shareholders know. DBMM rocks and will continue to prevail as it has every single time no matter the nonsense.
Shareholders are aware that some totally ignore the amount of resources required to keep the Company alive since the SEC Reaudit of 3-years followed by a litigation because the reaudit was through no fault of the Company. Then the late filings because the Company ran out of resources. All documented for first the SEC and then others as required. Read the Super 10-K and SEC MF briefs.
That was at least $500K which could have been put into Company growth.
LTIs arrived in Fall of 2017 after the above because of relationships of the management and remain today. They are adamant and in it to win it.
Pointing to old and superseded items as if they are continuing or repetitive is misleading and dishonest.
Let's get real, there was a Dismissal and market maker application approved by FINRA and the removal of the CE because of facts, in context, with acknowledgment of mitigating circumstances
Longs know the reality and also in it to win it!
Shareholders have patience, be bold, and push back. Go back years and see posts
The Company stated in recent Shareholder Updates, that it has sought advice from individuals and organizations prudent in these matters, and participation by third parties in monitoring and gathering information.
https://www.dbmmgroup.com/shareholders-update-december-28-2022/
The regulators consider this manipulating the stock for profit. Paid to do it.
The question remains if $DBMM is so poor of an investment why the attention?
Wow, that wasn’t even accurate.
It has been clear that NSS are illegal and there is no way of knowing counterfeit, phantom or synthetic shares exist in any issuance. The transfer agent said there was no way of knowing unless you were a regulator.
The regulators intend to ferret them out. If it was so simple to find, the quest would be under instruction by the regulators to the issuers.
incredible nonsense, as nauseum.
Same old, same old, Total omission of all the costs of the reaudit through the removal of the CE and the fact that DBMM won everytime. Digital Clarity acquisition completed 2012 and SEC Reaudit in 2013. No opportunity to grow a Company .
DBMM has no requirement to share its strategy or way forward.
LTIs get it. The old trop of no profit is frankly silly as that is not how the digital world work.
Shareholders know and Shareholders aren’t stupid.