Digital Brand Media and Marketing Group Inc (DBMM)

[davidam]

You have mis quoted that pr many times. Read it again and tell me where it says no more dilution

I think this post nailed it from jhnvtjll
"As far as I remember, the PR said no debt conversion for 6 months. That doesn't necessarily mean no dilution at all, right? The 47M shares added since Feb. 29 may not have anything to do with the short-term debt that was subject to equity conversion."

From the PR. I see no mention about other entries dealing with funding that are in filings just the short term debt subject to equity conversion regarding the note that damaged the stock.

"has been in negotiations to restructure its remaining short-term debt subject to equity conversion to ensure a six-month hiatus from the debt conversion which has been taking place since mid-September. The new contractual terms will contain that provision. The Company's intent is to pay the debt in full, in cash, on or before the six-months forward due date. This intended action replicates the Company's strategy as one of the short-term financing tactics utilized during its first year of operation. In fact, payment of RTG's first six-month debenture incurred in September, 2010, and was fully repaid in cash in March, 2011."

No need to discuss further as the PR and the filings are quite clear