Digital Brand Media and Marketing Group Inc (DBMM)

[fanglemeister]

I hesitate in making a prediction in share price, only due to management's failure to correctly judge the amount of time needed to complete this merger. The whole thing reminds me of Twain's famous passage: "Better to not say anything and have people wonder if you are a fool, than to open your mouth and remove all doubt." The merger closing delays after announcing closing dates left a bitter taste in many mouths.

As far as company performance predictions, I just don't know them well enough. But they *seem* to be trying to get this done right, if not done quickly.

If they do get it right, and ignoring the usual volatile ups and downs at this end of the market, just looking at long term averages, a solid baseline double or triple from these SP levels by end of 2010 looks like a no-brainer to me.

As for company performance, the sky is the limit if business takes off over the next year (I believe it should) and they manage the growth properly (crosses fingers). I'd like to see them keep at least 5% of revenue in retained earnings first few years to attract new investors, while rolling a lion's share of the gross receipts into marketing themselves, to further ramp up revenues.