Digital Brand Media and Marketing Group Inc (DBMM)

[BuckeyeMike]

Did some DD this afternoon and here's something I found. Let's connect some dots...

The Management Slate of NMTV after Closing will be:

BARRINGTON J. FLUDGATE: CHAIRMAN/CEO Mr. F...
ROGER TAYLOR: DIRECTOR Mr. ...
IAN MACDONALD: DIRECTOR Mr. Macdonald has been a Director of ANHL since 2004, and been involved in the financial services industry for over 30 years. He has also had experience in Marketing and Regional Management for Standard Life, Allied Dunbar, Sun Life and Merchant Bank-Leopold Joseph. His experience in both finance and film production is extensive in management and investment strategy.

http://www.allbusiness.com/company-activities-management/company-structures-ownership/5267448-1.html

http://www.bni-bristolcompton.com/html/mirageassetmanagement.htm

Both PTP and MAM have audited revenues and are in profit....per a previous press release. So, It appears you have a current Director selling his company to NMTV and that company is profitable.


I also purchased a report from Alacra.com and found that New Media Television (EUROPE) Limited is registered at 52 High Street, Harrow On The Hill, Middlesex, HA1 3LL

They have issued capital of GBP 4,250,000
Principal Shareholder: Atlantic Network Holdings Limited with 3,786,588 ORD L1 and Michele Zamparelli with 400,000 ORD L1

I still believe the deal is on and will be quite substantial. There seems to be three possible scenarios that could be affecting the Reverse Merger Close:

1. Missing Domain Name Documents delaying the GAAP Audit. Hard to accept for most I've spoken to that it takes this long to reconstitute domain names.

2. Difficult Economic Times. Could possibly be delaying the close. However, it's our understanding the company does have access to substantial non toxic private financing and is spoiled for choice for acquisitions and mergers. One concern I'm sure some current or prospective shareholder may have had was if the signed LOI's were holding up and it appears they are, atleast for Mirage Asset Management. The company has also said they expect to acquire 2 to 4 additional companies within the first year of operations.

3. Roger Bailey. All we have are the surprising claims and comments the former ANHL Director has posted on the board. He has claimed to be owed monies which could possibly be in dispute and holding up the close. My guess is that Mr Bailey is dealing with very shrewd, skilled, and highly successful Businessmen in Mr. Taylor, Mr. MacDonald, and Mr. Freeman. I don't know them personally, but I bet they are highly reputable men who would deal with Mr Bailey in a reasonable manner depending on the actions of Mr. Bailey. I would not want to be on the opposite side of these guys with Linda Perry and her attorney's advising them. In fact, the longer this drags out, the less likely Mr Bailey will receive a fair settlement IMO.

Obviously the shareholders are anxious for this to close as quickly as possible. It has been frustrating not hearing from the company, though Linda Perry has demonstrated a willingness to put out news to address shareholder concerns. However there are some very BIG positives I continue to focus on: The company is not selling shares. The Definative Agreement & LOI's are still intact. The owners & Directors have millions wrapped up in getting this done. These guys will own 75% of the resultant company, NMTV and will get it done on their own time. I'm hoping it's January