Replies to post #317429 on Digital Brand Media and Marketing Group Inc (DBMM)

[noradio]

From April 7, 2017 to the OIP on May 17, 2017 1.83 billion shares traded, was that the naked short's? Did someone have advanced knowledge of OIP?

[Gatsby]

May I ask a question and provide a different source for the data :

1) Split 1 for 1000 effective 17th July 2015
Did you adjust the number of shares traded before 17th July 2015 with the 1/1000 ratio.
You can no add shares prior and after reverse split without adjusting: 1'000'000 shares traded before 17th July 2015 = 1'000 shares traded after.

Link and copy-paste : 10-K 2015-2017:
Link To 10-K - see page F-6

On March 5, 2013, Digital Brand Media & Marketing Group, Inc. received approval from the Financial Industry Regulatory Authority (FINRA) for its 100 to 1 reverse stock split.

The Company approved a 1,000 to 1 Reverse Split of its shares of common stock, effective July 17, 2015. All reference to Common Stock shares and per share amounts have been retroactively restated to effect the reverse stock split as if the transaction had taken place as of the beginning of the earliest period presented.

The Company approved an increase in the Authorized Shares to 2,000,000,000 on April 4, 2016.

2) Data from IH versus data from Nasdaq : 2015
IH does not adjust volume in case of reverse split. Nasdaq does so shares traded before and price are adjusted
Link :
Link To Nasdaq Data

for 2015, the data are the following:
01.01.2015 - 16.07.2015 :
654'101 shares equivalent as per Nasdaq. IH shows : 654'1M shares so equivalent at 654'100 shares post-reverse-split
18.07.2015 - 31.07.2015 :
657.2 millions shares as per Nasdaq. IH shows : 681'19 shares
The difference is on 03.12.2015 : 98.8M shares traded as per Nasdaq versus 122.8M as per IH.
No idea why and not digging more. Pls let me know if you have an explanation.

So, adjusted of the reverse split, the shares trades in 2015 are about 658M-691M.

3) Huge volume post reverse-split - why ?
The assumption here is that the high volume means shorting, should I say naked-shorting.
What about just trading in and out ? and new shares issued hitting the market ?
Note that past 1y volume :
vwap * daily average volume for the past year (1Y) 0.013 wvap * 2.83M shs = 36'8K usd traded per day.

Conclusion : let's be careful not to add oranges and apple and let's understand what happened to all issued shares during the past years : did they hit the market, where they restricted, for how long.
Between NSS, dilution, trading : what is the real reason of the last months price action...

GLTA
still on the sideline.