Digital Brand Media and Marketing Group Inc (DBMM)

[Poo28]

The first debt renegotiation is summarized in Update and 10-k. The accounting is audited and summarized in several places. Including the financial statements and Notes and the MD&A.

Note 5 and Note 7

Last 2 paragraphs of MD&A
Gain on extinguishment of principal and interest $169,837 and $57,802 for 2021 and 2020.

Cancel convertible debentures totaling $249,800, include as loans (from long-term investor) interest canceled as shown above.

Decrease in derivative liabilities and paid in capital of $260,000 for 2021.

Stay tuned, more to follow in subsequent filings.