InvestorsHub Logo
Followers 138
Posts 10688
Boards Moderated 0
Alias Born 01/25/2010

Re: Gutts2318 post# 95832

Thursday, 05/29/2014 11:27:08 AM

Thursday, May 29, 2014 11:27:08 AM

Post# of 348653
taken from Q report: ohhh.. somebody looks upset with dbmm..lol

Item 1. Legal Proceedings

The Company is involved in a litigation, Asher Enterprises, Inc. v. Digital Brand Media & Marketing Group, Inc. and Linda Perry , Index No.
600717/2014, in the Supreme Court of the State of New York, sitting in the County of Nassau. The Plaintiff alleges $337,500 in damages based
on breach of contract allegations arising from the Company ’ s untimely periodic filings. The Company has not yet answered the claim, nor
interposed cross and counter claims. The Company plans on vigorously defending the litigation.