Replies to post #349805 on Digital Brand Media and Marketing Group Inc (DBMM)

[Stock_Barber]

🤣

DBMM is not a scam.

It would depend on how one defines a scam...

A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men') at the expense of their victims (the 'marks')"

https://en.wikipedia.org/wiki/Scam

[Jetmek_03052]

This has been discussed many times in the past.

The SEC must allow a company to operate if it stays within the rules. But that does not mean the company isn't a scam. There's no law that prevents companies from operating inefficiently and at a constant loss. There's no law that prevents a company from failing at every business endeavor it attempts. And there is nothing the SEC can do to prevent those companies from encouraging investment by investors.

DBMM continues to fail at its business. For twenty years, it hasn't made a single cent of profit, yet it has paid its executive officers handsomely ($300K/year) for continuing to operate this company at a loss. The company continues to produce fluffy, rosy and forward looking PR's, "updates" and even rosy and forward looking financial reports. Yet it NEVER has given its investors a profitable company! For twenty years (PLUS), it has failed.

Yet people still invest in it, and as long as the company stays within the rules of the SEC, there is NOTHING the SEC can do about it!

There is no law against investing hard earned money STUPIDLY. That statement epitomizes DBMM investors. And the SEC cannot stop it.

[johnydollar]

People short and naked short stocks in the name of scams.......

They are convinced it's a scam......

So they take a short position.....

Then do research to favor their position........

If one's bet was 100% guaranteed........

Their is no need to convince others.......

Like Andrew Left said.......

It's like taking candy from a baby......

He took too much candy........

Now he is the candy..........

😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹