Digital Brand Media and Marketing Group Inc (DBMM)

[Poo28]

Wrong, wrong, wrong. For the zillionth time. Your gotcha moments never work because you have never negotiated or prepared public company financial documents nor run a public company. Legal documents prevail, the language is legal. DBMM prevailed—yet again.

Asher litigation CDs CANCELED . Your capital letters wrong as no shares ever issued.

Original suit reduced because Default requested dismissed by Judge July 2015.

The Judgment was face value plus interest July 2015.

Settlement paid in cash at 50% of debt . Debt was face value + interest of $122,891.87 . Interest from July 2015-June 2018 compounded was an additional $ 48,500. was $171,391.87 , plus ancillary costs all in $180K.

All in $90k is 5O% and all
Waived charges deleted from balance sheet. Very good negotiation on the part of DBMM. The judgment satisfied via Settlement. Asher did not win as settlement was 50% of debt. DBMM dictated the terms as would have taken Asher to Federal Court as in breach of Federal Consent Decree.

Get it? Pull out the Dummies Guide to reading financial statements and settlements. There is also a Dummies Guide for Corporate Law.