Digital Brand Media and Marketing Group Inc (DBMM)

[kingmack]

The first day on OTC whatever the adjusted closing ask was will be the opening ask for the first day of trading on OTC Pink. Since the stock is on Grey Expert Market the fundamentals of the Company don’t mean anything in terms of Market cap and Financials. They don’t have to report anything on the Greys. Now that they are applying for OTC Pink Exchange and become a full reporting company again basically the process starts over. With the Audited Financials and the SEC dropping full Revocation in order to achieve they have to take certain steps. One of the major ones is trading again on OTC Pink as a fully reporting Company. The only thing a new MM can go is their Audited Financials and their closing bid before revocation. That will be his/her starting point. The starting SP will be the last closing bid of .0010. - .0015. Having a hard time drilling it down but it’s in that area. The current .0055 SP means nothing an is immaterial because it’s on a unregulated private trading Market with no Financials to support a SP of .0055. The filings with the SEC is what he will go by. He/She will begin from there to create a Market. He/She want step out on a limb and open it up at .0055 just because it shows in expert market. This price is inflated and no substance to it. He could risk losing his license. Going forward this will be by the book and real numbers. This company is not worth a 10 mil Market Cap right now. In order to get it back up to current SP it will take some solid work and solid financial reporting. The company can’t fudge or bypass these filings. That is what they did in the past and it almost took them out of business. So they are starting from a clean slate accept for the Convertible debt.