Digital Brand Media and Marketing Group Inc (DBMM)

[DTS2468]

That's right. A company does not have to have existing audits prepared just to be acquired. What people fail to remember about the inclusion of BMC is that given the fact that it is a private European company being brought into the filing of the consolidated 8k, it has to conform to US accounting standards vs the IASB(or whatever regulatory agency it falls under). These methods of accounting are different in recognition, measurement and disclosure. RTGV's auditors are not about to release financial statements until it has their blessing, and rightly so(for which I am glad).

The decision to bring BMC into the resultant company by management was a calculated, strategic decision that I personally think was smart on Ms Perry's and Mr. Fludgate's part.

The bottom line is that we are all frustrated with the dates and delays, but those that have taken a substantial position in RTGV are looking at the big prize at the end of the race, versus the nomimal profit on their next flip - for that, I can accept delays so that it is done right. Nothing against flippers, I simply choose not to.

I know that several will attack this stance by saying "but it has been 3 years!, wake up man!"; but to that, you can either choose to constantly complain on this board about a merger closing that you know is imminent, or simply add on the dips and feel comfortable with your decision.

And Mike's point about the wash sale rule is right - you might loose out big time if you're an investor taking year end losses on this and it closes in early Jan, unless you're a trader trading under a corporation with mark to market election.