Digital Brand Media and Marketing Group Inc (DBMM)

[mkt_predictor]

Posted this last night regarding what I perceive to be the O/S and/or what it could be if the conversions continued to completion...

As of the filing date of this report the remaining unconverted balance amounted to approximately $87,000 which was used as the basis in determining the derivative liability

Interesting, only $87K was still due on the note at the time of the 10Q filing, which was 1/17. Assuming a .001 conversion price, we're looking at an additional 87M shares to be converted, which really isn't that bad, it will leave an O/S of somewhere around the current O/S of 238M + 87M to be converted which comes out to 325M. This of course is just opinion but it seems very plausible.

That is still very manageable and this stock could see a huge run following this conversion wrapping up with the right updates IMO.