Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

Let's look at the REAL numbers, shall we??

So I just went through the last 6 years of 10K's that DBMM published. These numbers show just how sad an existence DBMM is leading.

In the 2017 10K, the total loans payable was listed as $370,000. Let's do a year by year comparison of how much revenue DBMM took in, as compared to how much loan money they took out!

2018 - Revenue for the year was listed as $536,501,
New loans totaled were $70K.
Total Loan Debt increased to $440K.

2019 - Revenue for the year was listed as $415,662 - A decrease of over 22% of previous years revenue
New loans totaled $231,424 - an increase of over 30% of previous years borrowing
Total Loan Debt increased to $671,424

2020 - Revenue for the year was listed as $268,957 - A decrease of over 35% of previous years revenue
New loans totaled $358,341 - an increase of over 54% of previous years borrowing
Total loan debt increased to $1,029,765

2021 - Revenue for the year was listed as $171,712 - A decrease of over 36% of previous years revenue
New loans totaled $664,675 - an increase of over 85% of previous years borrowing!!!
Total loan debt increased to $1,694,440

2022 - Revenue for the year was listed as $225,842 - An increase of over 31% of previous years income
New loans totaled $284,991 - a decrease of over 54% of previous years borrowing!!!
Total loan debt increased to $1,979,431

2023 - Revenue for the year was listed as $309,644 - an increase of just over 37% of previous years income
New loans totaled $526,157 - an increase of over 84% of previous years borrowings!!
Total loan debt increased to $2,505,588

For the quarters recorded in 2024 (not audited) -

Q1 Revenue listed for Q1 was $85,550, New loans of $141,425
Q2 Revenue listed for Q2 was $80,784, New loans of $157,817
Q3 Revenue listed for Q3 was $42,335, New loans of $179,940 (Q3 Stated loans totaling $2,984,770)

It is now well into the 4th Q (about 5 weeks left till year end for DBMM). We've heard NO news of any new clients other than the Austin client. If we extrapolate the figures from Q3 into Q4 numbers? 2024 will have revenue of roughly $251,004 (19% decrease from 2023), and added loan amounts of $659,122 (25% increase over 2023 borrowing).

Currently, DBMM is borrowing over 3 TIMES what they are bringing in for revenue. Their loan debt will amount to at LEAST $3,164,710 (If they borrow the same amount in Q4 as they did in Q3).

Add current Accrued Salary of $2,443,563 and the extrapolated loan debt of $3,164,710 (estimated, end of August). DBMM would likely owe $5,609,273!

Keep in mind, last Q they had income of just over $42K!

These figures should open eyes! People think this is going to eventually be on the Nasdaq????? That is a JOKE.