InvestorsHub Logo
Followers 313
Posts 51041
Boards Moderated 16
Alias Born 08/19/2009

Re: TradeForProfits post# 150060

Monday, 02/19/2018 12:42:51 PM

Monday, February 19, 2018 12:42:51 PM

Post# of 343328
As to Asher and DBMM...

claim has been that judge ruled in ashers favor and asher owns dbmm. that is obviously NOT the case.


Obviously? Here are 2 press releases stating EXACTLY THAT! Shall we all ignore our lying eyes?

I see no retractions...

Digital Brand Media & Marketing Grp Inc

Digital Brand Media & Marketing Grp Inc (OTCMKTS:DBMM), and its subsidiaries, are now owned by Asher Enterprises Inc. – an institutional investor in small-cap companies. Yesterday, the Honorable Jerome Murphy of the Supreme Court of Nassau, New York, reaffirmed its January 23, 2017 order for Digital Brand Media & Marketing Grp Inc (OTCMKTS:DBMM) to transfer ownership of all shares and all other ownership interests in all of its subsidiary companies, to Asher Enterprises Inc. While the transfer of an entire company’s assets seems like a major event, the court order enforces a prior judgment, on July 20, 2016, for the sum of only $122,801.87. That judgment stemmed from the default of convertible promissory notes issued by Digital Brand Media & Marketing Grp Inc (OTCMKTS:DBMM) and owned by Asher Enterprises Inc. It is unknown at this time how the change in ownership will affect the ongoing operations of Digital Brand Media & Marketing Grp Inc.


http://stocknewsunion.com/is-it-bankruptcy-for-digital-brand-media-marketing-grp-inc-otcmktsdbmm/4267/

Court Orders Digital Brand Media & Marketing Group, Inc. to Transfer Ownership of its Subsidiaries to Asher Enterprises, Inc.

GREAT NECK, NY--(Marketwired - May 3, 2017) - Asher Enterprises Inc., an investor in small-cap public companies, is pleased to announce that on May 2, 2017, the Honorable Jerome C. Murphy, Justice of the Supreme Court of the County of Nassau, New York, reaffirmed its order of January 23, 2017 directing defendant, Digital Brand Media & Marketing Group, Inc. (OTC PINK: DBMM), a publicly traded company whose shares are traded on the Pink Sheets electronic quotation system, to deliver all shares of stock and all other ownership interests in its subsidiary companies, DBMM Group, Inc. and Stylar Limited d/b/a Digital Clarity to Asher Enterprises Inc., plaintiff in the matter. Prior to the court order, on July 20, 2015, Asher Enterprises was awarded judgement in the amount of $122,801.87 against Digital Brand Media & Marketing Group, Inc. in connection with Digital's default of a series of convertible promissory notes in favor of Asher Enterprises.


http://www.marketwired.com/press-release/court-orders-digital-brand-media-marketing-group-inc-transfer-ownership-its-subsidiaries-2213877.htm