Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

Why would a company lend money to another company that’s worthless?

Easy to answer! Death Spiral lenders just care about one thing. Getting their money. DBMM's wonderful management team made it easy to continually convert shares they got in the loan agreement, at lower than market price. It was like a money faucet. DBMM management didn't care - there were PLENTY of shares and if they ran out of shares? Simply authorize more.

There was NO DECEPTION. Yes, it was foolhardy to enter into that loan, but DBMM management did so with the FULL KNOWLEDGE of the loan conditions.

And I'm not a Kramer fan. He's a skunk. But the facts remains - DBMM management knew the conditions of the loan and YET ENTERED INTO IT WILLINGLY.