Replies to post #175628 on Digital Brand Media and Marketing Group Inc (DBMM)

[LOVE*PINK]

Discussed this 1,000 times Previous auditors issue. History is history. DBMM now current

DBMM got moved from "OTC*Grey" Tier to "Expert Market" Tier on October 9th, 2019
Completed filing of all past and current Qs and Ks as per SEC comments.
10-K/A* for 2015-2016-2017 filed on October 01, 2019
10-K/A* for 2018 filed on October 01, 2019
10-Q for Q3-2019 filed on July 12, 2019
The Q3 2019 filing marks one year from Q3 2018, the first report which was filed in a timely manner.
10-K/A* for 2015-2016-2017 filed on April 24, 2019
10-K/A* for 2018 filed on April 23, 2019
10-Q for Q2-2019 filed on April 09, 2019
10-Q for Q1-2019 filed on Jan 14, 2019
DBMM continues to hire IT and Management professionals. 16 professionals on LinkedIn.
10-K for 2018 filed on Dec 14, 2018
10-Q for Q3-2018 filed on July 18, 2018
10-Q for Q2-2018 filed on June 25, 2018
10-Q for Q1-2018 filed on filed June 22, 2018
Consolidated Super 10-K for 2015-2016-2017 filed on May 31, 2018
DBMM hired respected auditors to audit and file pending and current Qs and Ks on Oct 16, 2017

[otterman]

"Current is all that matters"

Nope, the crime is all that matters and the company cannot blame their transgressions on another party. Was covered in one of the earliest statements from the SEC.

Becoming current is restitution which was why it was so important to do it properly. So when the company did a shoddy job, attempted to blame everyone else including the judge, and waiting till several orders passed to finally do it properly was important. Instead they did nothing to endear themselves to the judge.

Any trial is ALWAYS about the transgression. The restitution can buy you brownie points but it doesnt make you not guilty. When the company discovered the flaw with the previous auditor they should have reported it and gone hands off. Instead they ignored orders to remedy the situation until they ended up in more trouble.