Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

I think that the next financials will be horrid.

A long way to go and next financials will confirm if they are finally going in the right direction.

It amazes me that you can even state something like "see if next financials will confirm if they are going in the right direction". The answer to that question is pretty obvious - they aren't.

Putting aside Linda and Reggie's INANE comments about having '"$1M in revenue in Fiscal 2025" and that "Fiscal 2025 would be DBMM's best ever year".

The already published first three quarterly financials show DBMM's "direction"....and it is NOT GOOD. The fourth quarter is already in the books and we did not see an announcement of a SINGLE CLIENT SIGNING in that quarter. So, we already know that DBMM's total revenue is likely to not even reach $100K for the ENTIRE FISCAL YEAR (using numbers seen in the first three quarters and extrapolating them to the end of the fiscal year).

The company can't get any business signed on and any expectation of a squeeze from an imaginary "naked short" position is ludicrous.

I'll say right here that DBMM will likely have total revs (Fiscal 2025) somewhere around $90K to $100K. As far as debt for the fiscal year? For the first three quarters, they added debt of $450,544! That is debt of around $150.2K per quarter. So, extrapolating those figures out for 4 quarters, I'd expect likely debt to be around $600,725K! But really, I assume DBMM will add as much money to the borrowing side as they can. They pay Reggie alone over $100K cash every year! Can they do everything else they need to pay for on the rest of the amount (about $50K)? I doubt it. Isn't it about $35 to $50K alone to publish the 10K?

It wouldn't surprise me to see a borrowing number even higher than $600K for the year!

This company is pure garbage.