Digital Brand Media and Marketing Group Inc (DBMM)

[Krombacher]

Ever take a class on revenue recognition?

If I have a million-dollar contract, I can’t just recognize that revenue the day I sign it. I still have to perform the contract. That’s basic accounting.

Depending on the situation, I’ll either use the percentage-of-completion method (recognize revenue as the work progresses) or the completed-contract method (recognize it all at the end).

So before you start screaming about what’s “missing” from a filing, maybe pause and realize: you’re making mountains out of molehills.

Then again, if you’re short DBMM, I get it — you’re about to be in a world of financial hurt.

– Krombacher