Digital Brand Media and Marketing Group Inc (DBMM)

[AKsquared]

http://www.dbmmgroup.com/dbmm-shareholders-update-december-5-2019/

The Management believed in the value proposition and the potential in the future then and now and going forward, and we have demonstrated our tenacity and delivered results because we believe in the business. Over 16 months ago the delinquencies were cured, the litigation was settled and all filings have been submitted on a timely basis. The Company intended to get back to normal business, normal trading and scaled geographic growth following a plan which has been in neutral since the matter began. That is where we are today. The Company has sourced new long-term investors, providing cash flow/ working capital which will continue until we reach a TBD cross-over point to profitability. Along the way, we intend to acquire additional scale to service new global clients–the model has not changed.