Digital Brand Media and Marketing Group Inc (DBMM)

[Topfuel]

Speaking of shares
This is hilarious. I don’t think she even knows if she has shares. The SEC should bar people like this from holding positions in publicly traded companies. Sorry it’s in the filings. Oh I was accused of not knowing how to read filings, I must be wrong also about them being millions in dept with a pathetic income

Failure to File Forms 3, 4, and 55
Linda Perry claimed at the hearing that she owned no common stock of Digital
Brand, but the company's last Form 10-K for the period ended August 31, 2014 shows that she owned over 16.5 million shares of the common stock. (Tr. 82:4-10; Div. Ex. 20, at 37). Ms. Perry testified that she, Mr. James, and Mr. Gray currently own the same amount of Digital Brand preferred shares listed in Digital Brand's Form 10-K for the periodendedAugust31,2014: 16,588,933preferredsharesforPerry,26,326,599for James, and 60,000 for Gray. (Perry Tr. 82:4-85:6; Div. Ex. 20.)
Ms. Perry testified that it was her intention to file Forms 3 and 4, "whatever is necessary." (Perry Tr. 184:16-18). But, neither she nor the other officers and directors of Digital Brand have filed any oftheir required insider trading forms, even after this proceeding brought the absence of these filings to their attention. (See, e.g., Division's Motion for Ruling on the Pleadings, filed June 6, 2017, at 5-7).