Digital Brand Media and Marketing Group Inc (DBMM)

[hat12trick]

At the end of 2015, they clearly implied the 10K (delayed) would come out shortly after the New Year and include 2016 Q1 (Sept-Nov 2015) debt reductions. Then 2016 Q2 (Dec-Feb 2016) went by, and they issued another PR saying they would include stuff from Q2 as well. Now 2016 Q3 and Q4 have come and gone. Still no 2015 10K.

All that stuff about including positive material events on the 10K was pure BS. If things are going well as they say, they would certainly want that 2015 10K as far in the rear view mirror as possible. Then let the all the positive 2016 10Qs speak for themselves, start telling the turnaround story and present their vision of forward looking progress/plans to grow, new clients, potential acquisition, blah, blah, blah. But nope, here we are in early FY 2017 still talking about the 2015 10K, and stuff they may or may not have done in Q1-Q2 of 2016. Such a shame.


http://www.dbmmgroup.com/dbmm-will-scale-up-its-brand-in-2016/
December 22, 2015

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…
Because of the holiday season and year-end requirements of the professional advisors, the 10-K will be ready in the New Year.

http://www.dbmmgroup.com/dbmm-continues-affirmative-direction-in-2016/
April 4, 2016

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 through the 2Q2016 timeframe…
DBMM is adamant in having an audited document which eliminates as much debt, derivative liability and interest as possible, irrespective of future timeframe beyond 2015 fiscal year. The 10-K, albeit delayed, will provide that documentation. In the interim, DBMM has raised its Authorized Shares to 2 billion…