Digital Brand Media and Marketing Group Inc (DBMM)

[Gatsby]

Not sure what is your point regarding the financial statement.
It is quite simple:
- Activities does not generate enough income to pay the costs at the moment;
- The Company finances/financed the operating loss through capital raise, debts, loans, convertibles in the past.
As per last FS:
- the accumulated deficit is 17.1M USD
- The Company has not assets : 45K (cash and receivable mainly)

In other terms, it is dependant of capital raise or loans (any form) to keep going UNTIL its business increases.

As they are confident that they will be able to get clients from now on, let's wait next quarter data to see if this is the case.
Otherwise, they will have to address the cash flow issue again with more "cash flow financing".. said otherwise : cash infusion by issuing shares or increasing debt