Digital Brand Media and Marketing Group Inc (DBMM)

[THall]

A philosophy does not mean it happened or will happen. Again Ill stick to the facts as they are written in black and white in the 10q. I have no use for a no proof philosophy.

DBMM has a massive $2.8 million in debt which includes $517,000 in convertible debt that is issued at a 45-50% discount to market price. That is directly from the 10q. Trying to side step the truth with a bunch of non related BS wont work. We have already seen the O/S increase by 30 million in the past month. Obviously by the fact the stock is either red or moves sideways since the dilution started it is still taking place. So talking about net loss or derivative liabilities is nothing more than an attempt to cover up the truth.

April 13, 2023
Shares Outstanding
795,218,631

06/30/2023
Outstanding Shares
825,218,631


The convertible debentures matured in 2015, and bear interest at ranges between 6% and 15%. The convertible debentures are convertible at ratios varying between 45% and 50% of the closing price at the date of conversion through, at its most favorable terms for the holders, the average of the three lowest closing bids for a period of 5-30 days prior to conversion.



The Company has outstanding loans and convertible notes payable aggregating $2.8 million at February 28, 2023 and doesn’t have sufficient cash on hand to satisfy such obligations.



The aggregate schedule maturities of the Company’s loans payable outstanding as of February 28, 2023 are as follows:

2024 $2,243,531
2024 $11,205
2025 $11,917
2026 $4,981

$2,271,634