Digital Brand Media and Marketing Group Inc (DBMM)

[Threeflight]

Wrong wrong wrong! They are getting paid $250 K worth.

Purchase Price

The purchase price is Two Hundred Fifty Two Thousand Four Hundred Seventy Two dollars and Fifty Cents ($252,472.5). The purchase price shall payable in shares of RTG's Series 2 Preferred. A total of two million (2,000,000) shares of RTG’s Series 2 Preferred will be issued to Sellers: one million (1,000,000) shares to Wattenberg, one million (1,000,000) shares to Pereira. The share certificates will be issued promptly. The Series 2 Preferred Shares are convertible into 68,700,000 shares of RTG's common stock, which is ten percent (10%) of the outstanding stock of RTG at the closing date. The initial conversion ratio for Series 2 Preferred to common stock is 34.35.

They are worth $250 k tomorrow. They may be worth a million a year from now, or 25 cents. You act like the shares can only go up. The fact is they got paid $250 k worth of stock TODAY. That is therefore what the deal is worth. If they valued the deal at $2 M, they would have gotten 8 x the amount of stock. They didn't.