Replies to post #308135 on Digital Brand Media and Marketing Group Inc (DBMM)

[THall]

Those statements are in the past and not what is going to take place in the future. Again the company stated as of February 2023 they do not have the funds to cover the 2.8 million in debt. This includes $517k in convertible notes. To ignore the fact is very misleading.

The Company has outstanding loans and convertible notes payable aggregating $2.8 million at February 28, 2023 and doesn’t have sufficient cash on hand to satisfy such obligations. The preceding raises substantial doubt about the ability of the Company to continue as a going concern. However, the Company generated proceeds of $260,122 from financing activities during the six months ending February 28, 2023.