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$DCAC Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=DCAC
$HCTI nice bounce back and very interesting close
Go $HCTI
Let's cross our fingers and hope it is a big merger news
Go $DCAC
Did u get your shares?
Go $DCAC
Very nice close today. Tomorrow is very exciting to me
Go $DCAC
Nice to seeing you here Buddy. I think DCAC due for big news
Go $DCAC
People will chase for tomorrow
Go $DCAC
Need some love on DCAC board
$EXAD Experience Art and Design, Inc. Announces New Director and Change in Business Direction
Source: Access Wire
LAS VEGAS, NV / ACCESSWIRE / February 11, 2016 / Experience Art & Design, Inc. (OTC: EXAD) is pleased to announce a new Director, as well as a change in business direction.
Zhang Yue resigned as Director and President on December 16, 2015. Control of the company rests with Derrick Lefcoe who joined as Director.
Mr. Lefcoe stated: "EXAD has changed business direction by entering the dry cleaning services market. The dry cleaning industry has low market share penetration which presents an opportunity to acquire businesses that have multi-year operating histories and are profitable in the current market environment. The Company expects to make further announcements shortly."
The dry cleaning industry is a $9B market segment employing approximately 148,000 people in the United States. While there are over 36,683 companies operating in the industry, less than 10 companies have a national presence. According to Hoover's: the 50 largest firms generate less than 10 percent of revenue.
A link to Metropolitan's market summary may be found at the following URL: http://tinyurl.com/zcuwtj9.
Experience Art & Design, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For additional information about this release please contact:
Investor Relations:
702-347-8521
info@metropolitandrycleaners.com
http://www.metropolitandrycleaners.com
SOURCE: Experience Art & Design, Inc.
$EXAD Experience Art and Design, Inc. Announces New Director and Change in Business Direction
Source: Access Wire
LAS VEGAS, NV / ACCESSWIRE / February 11, 2016 / Experience Art & Design, Inc. (OTC: EXAD) is pleased to announce a new Director, as well as a change in business direction.
Zhang Yue resigned as Director and President on December 16, 2015. Control of the company rests with Derrick Lefcoe who joined as Director.
Mr. Lefcoe stated: "EXAD has changed business direction by entering the dry cleaning services market. The dry cleaning industry has low market share penetration which presents an opportunity to acquire businesses that have multi-year operating histories and are profitable in the current market environment. The Company expects to make further announcements shortly."
The dry cleaning industry is a $9B market segment employing approximately 148,000 people in the United States. While there are over 36,683 companies operating in the industry, less than 10 companies have a national presence. According to Hoover's: the 50 largest firms generate less than 10 percent of revenue.
A link to Metropolitan's market summary may be found at the following URL: http://tinyurl.com/zcuwtj9.
Experience Art & Design, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For additional information about this release please contact:
Investor Relations:
702-347-8521
info@metropolitandrycleaners.com
http://www.metropolitandrycleaners.com
SOURCE: Experience Art & Design, Inc.
$LTNC Labor SMART, Inc. Comments on Recent Trading Activity
Source: InvestorsHub NewsWire
Labor SMART, Inc. Comments on Recent Trading Activity
Atlanta, GA -- February 11, 2016 -- InvestorsHub NewsWire -- Labor SMART, Inc. (OTCQB: LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, today commented on the recent trading activity and volatility in its stock.
In the last few days, and this morning in particular, there has been an increased volume of trading and selling pressure in the Company's common stock. This has caused the Company's management to believe it necessary to advise our investors that this volume and selling pressure was not the result of any trading activity by the Company or its management.
The Company can also confirm that no conversions of debt into equity have occurred since the Companys announcement in December that it had entered into various settlement agreements with note holders. Additionally, the company believes that recent aggressive selling may be related to an attempted but failed conversion request by one note holder, that may have sold shares before delivery. The shares requested under this conversion request have not and will not be issued pursuant to the forbearance agreement.
Further, on February 9, 2016 the Company filed suit in the San Diego County Superior Court against the above referenced note holder for Breach of Contract and is seeking Declaratory and Injunctive Relief.
About Labor SMART, Inc.
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with the U.S. Securities and Exchange Commission.
Contact:
Labor SMART, Inc.
shareholderrelations@laborsmart.com
$LTNC Labor SMART, Inc. Comments on Recent Trading Activity
Source: InvestorsHub NewsWire
Labor SMART, Inc. Comments on Recent Trading Activity
Atlanta, GA -- February 11, 2016 -- InvestorsHub NewsWire -- Labor SMART, Inc. (OTCQB: LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, today commented on the recent trading activity and volatility in its stock.
In the last few days, and this morning in particular, there has been an increased volume of trading and selling pressure in the Company's common stock. This has caused the Company's management to believe it necessary to advise our investors that this volume and selling pressure was not the result of any trading activity by the Company or its management.
The Company can also confirm that no conversions of debt into equity have occurred since the Companys announcement in December that it had entered into various settlement agreements with note holders. Additionally, the company believes that recent aggressive selling may be related to an attempted but failed conversion request by one note holder, that may have sold shares before delivery. The shares requested under this conversion request have not and will not be issued pursuant to the forbearance agreement.
Further, on February 9, 2016 the Company filed suit in the San Diego County Superior Court against the above referenced note holder for Breach of Contract and is seeking Declaratory and Injunctive Relief.
About Labor SMART, Inc.
Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. The Company's clients range from small businesses to Fortune 100 companies. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. The Company's mission is to be the provider of choice to its growing portfolio of customers with a service-focused approach that enables Labor SMART to be seen as a resource and partner to its clients.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with the U.S. Securities and Exchange Commission.
Contact:
Labor SMART, Inc.
shareholderrelations@laborsmart.com
Progressive Care Slated to Present at SeeThru Equity Conference in Miami
Source: InvestorsHub NewsWire
Progressive Care Slated to Present at SeeThru Equity Conference in Miami
MIAMI, FL -- February 11, 2016 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces that it will be presenting at the SeeThru Equity & Brewer Group 2nd Annual Innovations and Investor Conference on February 22, 2016.
SeeThru Equity is an unaffiliated corporate research and access company providing unbiased research and analysis to various investor information platforms such as Thompson Reuters, CapitalIQ, etc. The Conference, which brings company visibility to microcap investors, sponsors, and professionals, will be held at the South Beach Ritz Carlton on Monday, February 22, 2016 at 8:00 AM. Progressive Care will deliver a 30 minute presentation at 9:30 AM about the development of the company, its fundamentals, and its growth agenda for the future. Management will stay on site for a short time afterward for Q&A and 1x1 meetings.
"We are excited to showcase our company at the SeeThru Equity Conference and the opportunity to interact with the investment community face-to-face. We look forward to answering questions and highlighting the Companys many achievements," stated S. Parikh Mars, CEO.
About Progressive Care
Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Companys expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words anticipate, believe, estimate, upcoming, plan, target, intend and expect and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact
Armen Karapetyan
Senior Advisor Business Development
$RXMD Progressive Care Slated to Present at SeeThru Equity Conference in Miami
Source: InvestorsHub NewsWire
Progressive Care Slated to Present at SeeThru Equity Conference in Miami
MIAMI, FL -- February 11, 2016 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces that it will be presenting at the SeeThru Equity & Brewer Group 2nd Annual Innovations and Investor Conference on February 22, 2016.
SeeThru Equity is an unaffiliated corporate research and access company providing unbiased research and analysis to various investor information platforms such as Thompson Reuters, CapitalIQ, etc. The Conference, which brings company visibility to microcap investors, sponsors, and professionals, will be held at the South Beach Ritz Carlton on Monday, February 22, 2016 at 8:00 AM. Progressive Care will deliver a 30 minute presentation at 9:30 AM about the development of the company, its fundamentals, and its growth agenda for the future. Management will stay on site for a short time afterward for Q&A and 1x1 meetings.
"We are excited to showcase our company at the SeeThru Equity Conference and the opportunity to interact with the investment community face-to-face. We look forward to answering questions and highlighting the Companys many achievements," stated S. Parikh Mars, CEO.
About Progressive Care
Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Companys expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words anticipate, believe, estimate, upcoming, plan, target, intend and expect and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact
Armen Karapetyan
Senior Advisor Business Development
$DCAC$ on high alert
******$DCAC$****** on high alert
I think so my Friend
Go $DCAC
News will hit either today or tomorrow
Get some DCAC shares if u can
Get some and put some on the bid support
Go $DCAC
Did u buy any shares yet? DCAC is a good entry now and I don't normal said people buy it but it is a good entry before news hit my Friend
Go $DCAC
$DCAC $.0005 is a gift now
Go $DCAC
I have a feeling that news will hit either today or Tomorrow
Go $DCAC
I slapped most of the $.0012
Go $SIPC
I need more shares before news hit so I am in the bid support for now
Go $DCAC
Nice job
Go $SIPC
No problem Bud
Nice
Go $SIPC
$DBMM DBMM's Positive Outlook for 2016 -- and the Reasons Why
Source: InvestorsHub NewsWire
SOURCE: Digital Brand Media & Marketing Group, Inc.
Digital Brand Media & Marketing Group, Inc.
NEW YORK, NY and LOS ANGELES, CA and LONDON, UNITED KINGDOM--(NewMediaWire - Feb 11, 2016) - Digital Brand Media & Marketing Group, Inc. (OTC PINK: DBMM) updated its positive forecast for 2016 to bring prospective new investors and supporters up to date.
Reggie James, Co-Chief Operating Officer and Senior Vice-President Marketing & Communications, commented: "As mentioned in an earlier PR, the growth of the Company has been vertical, and was engaging in a long-term capital raise to match its talent and infrastructure growth requirements. In the interim, DBMM has had significant meetings in the first 6 weeks of the year and intends to conclude substantial deals in early March 2016, both in the US and in Europe."
James added: "In short, the fragmented nature of the worldwide stock exchanges are accentuating deal flow into growing sectors like digital technology and marketing. Recent reports (http://goo.gl/r4Cyog) illustrate unprecedented M & A activity. The investment trajectory allows DBMM to move forward in its discussions with mezzanine financing sources and high net worth individuals who express their focus on exponential growth industries. DBMM now fits their criteria and it is a major game changer to move away from equity financing to a much more sophisticated avenue for growth capital. The current industry activity reinforces the DBMM strategy articulated last Fall."
James went on: "The Company will roll out its investor outreach to Europe and Asia coincident with the filings of the 2015 10-K and 1Q2016 10-Q, implement its capital raise to grow the Digital Clarity brand, as well as locking down a mutually beneficial acquisition."
In conclusion, the establishment of a sustainable, high ROI company takes patience, but DBMM's results stand on its own merits and compare well with other companies in the sector. DBMM's continued high performance in transforming clients' digital footprint has gained momentum and interest. It is differentiating, it is strategic, it increases ROI. In many ways it is disruptive, a 21st century requirement and thus a very good thing.
DBMM thought it may be useful to summarize a fact package for ready reference below, covering the status of DBMM -- the public company. It provides background and rationale to offset and address some rampant misinformation:
The microcap market is an unusual exchange with very specific and evolving regulations from a variety of regulatory and best practice sources. DBMM is a transparent structure, but the specifics of the underlying requirements are often misunderstood. In the past, as DBMM was pivoting to identify the business model which would ultimately provide the greatest ROI, it relied on lenders with debt-to-equity contractual arrangements. The contracts had varying terms with 6-24 months being the time range. Following the 2008 worldwide financial recession, actually a crisis, there were virtually no avenues for funding available for funding micro and small cap companies, unless you were a Fortune 500 Company with significant assets to collateralize. Like many others, DBMM had to develop under very adverse conditions. DBMM is eliminating that debt, which has very positive implications for the balance sheet.
That environment is now behind DBMM and been replaced with good news and made progress with major accomplishments, as follows:
1) Since 2014, the model for growth has been honed and tested. The result is margins of 35-55%.
2) The revenues for fiscal year 2015 grew quarter on quarter and positioned the Company to forecast a growth trajectory for 2016 and beyond based on the industry multiple of 25-30 X revenues. DBMM's valuation on that basis should be $12.5-15 million.
3) The client base has grown considerably. In addition, there are new clients in the pipeline which will be integrated as infrastructure expansion permits. DBMM is attracting major brands, and that is serving the Company well.
4) The Company is in the right place, at the right time, with the right product.
The business is on track, but there has been a lack of acknowledgement by the market, and that is a hurdle. This is why the Company is determined to include all events and actions in the 10-K filing, irrespective of timelines, coincident with the 10-K in order to capture all the positive material events from the 1Q2016 timeframe. This decision follows the pattern established in earlier years, but is particularly important this year because of the revenue increase coupled with the elimination of certain debt and associated derivative liability and interest.
By way of background, here are extracts from the last 2 Press Releases so the strategy being implemented is clear.
Extract from October 30, 2015 press release:
"......The 10-K Annual Audit is being prepared. Part of the process is to test whether the Company has sufficient authorized shares reserved for its outstanding debt, as well as provide sufficient support for organic growth and acquisition(s). Accordingly, the Company has raised its Authorized Shares to 200 Million, 2% of its previous AS. There is major expansion underway enabled by strong operating performance in 2015. Our new clients and those in the pipeline have made way for real progress. We look forward to 2016."
Extract from December 22, 2015 press release:
"To position the capital raise properly, the 10-K being prepared will reduce all of the debt which has been eliminated thus far, as well as the extinguishment of derivative liabilities and interest expense being carried on the balance sheet. The aged debt removed in 1Q2016 will be included in the 10-K and is one of the upsides of the delay associated with the filing. The 10-K is audited and that document will serve us well in the aforementioned discussions... DBMM expects it to be the most positive and best forward-looking 10-K to date."
The required calculation of reserve for outstanding debt described in the Oct 30th PR utilized a pps of $.0048. When the reserve was tracked again in early January and again in early February suggested the AS was not sufficient for the full fiscal year. Based on a current pps which has eroded, it is necessary to increase the Authorized Shares to 500 million. Even though significant debt, derivative liability and interest has been eliminated, the trading patterns have eroded the pps, and the audit process requires the reserve calculation. However, the increase results in an AS which is only 5% of the pre-reverse AS for the fiscal year 2016. The re-calculation must be done in advance of the 10-K filing. There is full transparency in place, and the transfer agent provides the outstanding shares whenever queried.
The summary provided herein is to reinforce the fact that the short-term debt incurred is being eliminated, and the Company's intent is to shift to a much more advantageous and attractive form of capital funding, and that arrangement is in process.
DBMM looks forward to continuing its growth pattern and a very exciting 2016.
About Digital Brand Media & Marketing Group, Inc. (DBMM):
DBMM Group crafts, designs and executes digital marketing strategies across multiple ad platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The product offering is a unique value proposition of intelligent analytics provided by an experienced digital marketing and technology team.
Safe Harbor Provisions:
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in DBMM's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
CONTACT INFORMATION
Digital Brand Media & Marketing Group, Inc.
IR Contact:
info@dbmmgroup.com
+1 646 722 2706
$DBMM DBMM's Positive Outlook for 2016 -- and the Reasons Why
Source: InvestorsHub NewsWire
SOURCE: Digital Brand Media & Marketing Group, Inc.
Digital Brand Media & Marketing Group, Inc.
NEW YORK, NY and LOS ANGELES, CA and LONDON, UNITED KINGDOM--(NewMediaWire - Feb 11, 2016) - Digital Brand Media & Marketing Group, Inc. (OTC PINK: DBMM) updated its positive forecast for 2016 to bring prospective new investors and supporters up to date.
Reggie James, Co-Chief Operating Officer and Senior Vice-President Marketing & Communications, commented: "As mentioned in an earlier PR, the growth of the Company has been vertical, and was engaging in a long-term capital raise to match its talent and infrastructure growth requirements. In the interim, DBMM has had significant meetings in the first 6 weeks of the year and intends to conclude substantial deals in early March 2016, both in the US and in Europe."
James added: "In short, the fragmented nature of the worldwide stock exchanges are accentuating deal flow into growing sectors like digital technology and marketing. Recent reports (http://goo.gl/r4Cyog) illustrate unprecedented M & A activity. The investment trajectory allows DBMM to move forward in its discussions with mezzanine financing sources and high net worth individuals who express their focus on exponential growth industries. DBMM now fits their criteria and it is a major game changer to move away from equity financing to a much more sophisticated avenue for growth capital. The current industry activity reinforces the DBMM strategy articulated last Fall."
James went on: "The Company will roll out its investor outreach to Europe and Asia coincident with the filings of the 2015 10-K and 1Q2016 10-Q, implement its capital raise to grow the Digital Clarity brand, as well as locking down a mutually beneficial acquisition."
In conclusion, the establishment of a sustainable, high ROI company takes patience, but DBMM's results stand on its own merits and compare well with other companies in the sector. DBMM's continued high performance in transforming clients' digital footprint has gained momentum and interest. It is differentiating, it is strategic, it increases ROI. In many ways it is disruptive, a 21st century requirement and thus a very good thing.
DBMM thought it may be useful to summarize a fact package for ready reference below, covering the status of DBMM -- the public company. It provides background and rationale to offset and address some rampant misinformation:
The microcap market is an unusual exchange with very specific and evolving regulations from a variety of regulatory and best practice sources. DBMM is a transparent structure, but the specifics of the underlying requirements are often misunderstood. In the past, as DBMM was pivoting to identify the business model which would ultimately provide the greatest ROI, it relied on lenders with debt-to-equity contractual arrangements. The contracts had varying terms with 6-24 months being the time range. Following the 2008 worldwide financial recession, actually a crisis, there were virtually no avenues for funding available for funding micro and small cap companies, unless you were a Fortune 500 Company with significant assets to collateralize. Like many others, DBMM had to develop under very adverse conditions. DBMM is eliminating that debt, which has very positive implications for the balance sheet.
That environment is now behind DBMM and been replaced with good news and made progress with major accomplishments, as follows:
1) Since 2014, the model for growth has been honed and tested. The result is margins of 35-55%.
2) The revenues for fiscal year 2015 grew quarter on quarter and positioned the Company to forecast a growth trajectory for 2016 and beyond based on the industry multiple of 25-30 X revenues. DBMM's valuation on that basis should be $12.5-15 million.
3) The client base has grown considerably. In addition, there are new clients in the pipeline which will be integrated as infrastructure expansion permits. DBMM is attracting major brands, and that is serving the Company well.
4) The Company is in the right place, at the right time, with the right product.
The business is on track, but there has been a lack of acknowledgement by the market, and that is a hurdle. This is why the Company is determined to include all events and actions in the 10-K filing, irrespective of timelines, coincident with the 10-K in order to capture all the positive material events from the 1Q2016 timeframe. This decision follows the pattern established in earlier years, but is particularly important this year because of the revenue increase coupled with the elimination of certain debt and associated derivative liability and interest.
By way of background, here are extracts from the last 2 Press Releases so the strategy being implemented is clear.
Extract from October 30, 2015 press release:
"......The 10-K Annual Audit is being prepared. Part of the process is to test whether the Company has sufficient authorized shares reserved for its outstanding debt, as well as provide sufficient support for organic growth and acquisition(s). Accordingly, the Company has raised its Authorized Shares to 200 Million, 2% of its previous AS. There is major expansion underway enabled by strong operating performance in 2015. Our new clients and those in the pipeline have made way for real progress. We look forward to 2016."
Extract from December 22, 2015 press release:
"To position the capital raise properly, the 10-K being prepared will reduce all of the debt which has been eliminated thus far, as well as the extinguishment of derivative liabilities and interest expense being carried on the balance sheet. The aged debt removed in 1Q2016 will be included in the 10-K and is one of the upsides of the delay associated with the filing. The 10-K is audited and that document will serve us well in the aforementioned discussions... DBMM expects it to be the most positive and best forward-looking 10-K to date."
The required calculation of reserve for outstanding debt described in the Oct 30th PR utilized a pps of $.0048. When the reserve was tracked again in early January and again in early February suggested the AS was not sufficient for the full fiscal year. Based on a current pps which has eroded, it is necessary to increase the Authorized Shares to 500 million. Even though significant debt, derivative liability and interest has been eliminated, the trading patterns have eroded the pps, and the audit process requires the reserve calculation. However, the increase results in an AS which is only 5% of the pre-reverse AS for the fiscal year 2016. The re-calculation must be done in advance of the 10-K filing. There is full transparency in place, and the transfer agent provides the outstanding shares whenever queried.
The summary provided herein is to reinforce the fact that the short-term debt incurred is being eliminated, and the Company's intent is to shift to a much more advantageous and attractive form of capital funding, and that arrangement is in process.
DBMM looks forward to continuing its growth pattern and a very exciting 2016.
About Digital Brand Media & Marketing Group, Inc. (DBMM):
DBMM Group crafts, designs and executes digital marketing strategies across multiple ad platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The product offering is a unique value proposition of intelligent analytics provided by an experienced digital marketing and technology team.
Safe Harbor Provisions:
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in DBMM's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
CONTACT INFORMATION
Digital Brand Media & Marketing Group, Inc.
IR Contact:
info@dbmmgroup.com
+1 646 722 2706
Reading it now and I think it is insane to not getting more shares
Go $HCTI