Digital Brand Media and Marketing Group Inc (DBMM)

[Poo28]

Really? How about reading the filings.

The MD&A of every filing since 202O speaks of elimination of aged debt strategy following the statement:

“The Company resolved in 2015 to eliminate any consideration of using convertible debentures as a financing vehicle. Accordingly , the Company has not issued convertible debentures since 2015.
Additionally, we have demonstrated our adherence to such a philosophy by renegotiating its aged debt with lenders, one at a time, at fixed settlement amounts with no conversion terms. Furthermore, such renegotiations lead to the derecognition of derivative liabilities overhanging our balance sheet. The Company intends to continue its debt renegotiation and modification program. This has been a successful strategy thus far. …”

Then each settlement is described and unique.

The “NEVER” is not accurate.

The last PR in June spoke to the growth strategy as well .