Digital Brand Media and Marketing Group Inc (DBMM)

[FishStocker]

Straight from the PR

"The Aged debt eliminated in first quarter 2016" explain what that means other then more dilution coming to eliminate the debt IE CONVERSIONS.

Also can someone explain to me how they are expecting the 10k "Any day" when they are basically stating stuff from first quarter 2016 is going to be included on it ?

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 the 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. In addition, DBMM's PR's which describe the evolution of the digital marketplace are part of the foundation for the Business Plan DBMM is executing, and reinforces the space in which we are operating which is becoming more and more welcoming as our margins remain between 35-55%. This makes for a very attractive outlook with a simple business model utilizing technology enhancements and social media additions without having to fund the tech. All the Company has to do is adjust the analytics and algorithms and model the client's value proposition. Because of the holiday season and year-end requirements of the professional advisors, the 10-K will be ready in the New Year. DBMM expects it to be the most positive and best forward-looking 10-K to date.