Digital Brand Media and Marketing Group Inc (DBMM)

[Gotham Bay Group]

Qoute: "they cant make a single penny in 18 years. Too funny. Useless bunch and they always will be".

I would think a company that can stay afloat for 18 years without making a profit is more akin to turning water into wine than a failure. Lol
DBMM is no unicorn and these spats with the SEC happen daily. Difference is many companies cannot defend themselves or in many cases should not. DBMM recognized that due to the situation they had a legally defendable position as many others have had prior, I am certain. By no means does this make DBMM more viable but these stocks are not traded on reality.

I seriously hope nobody believes DBMM or it's predecessor namesake made no money. It's kind of like believing our government pays 10k for a hammer or toilet seat.

With a public company once funds are dispersed into the private world they are no longer accounted for, i.e. consultation fees, marketing, joint ventures dissolved, leases, etc.

Everywhere but here apparently it is well known creating a public company is a means of finance, not a gesture of good will to investors. It simply allows a company to receive capital without ever opening the door...

Banks and lenders require collateral, favorable P&L, historical records.

"Investors" require smoke and a ceremonial a$$ to blow it into, end of story...