Replies to post #360644 on Digital Brand Media and Marketing Group Inc (DBMM)

[johnydollar]

$DBMM is not a private company........

Or is it illegal to use shares......

I am not understanding the logic........

Is $DBMM prohibited by the SEC......

Or FINRA........

Share any DD to support that........

😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹

[Poo28]

Shareholders understand sophisticated financing. You think everything is the same . The Settlement was brilliant, IMO.

A 100% variable liability convertible debenture was totally removed from the financials for a Settlement of approx a fixed 30% of the liability . No risk liability.

That is a “gain on extinguishment of debt. ” That is a gain for shareholders dude.

Huge difference between variable and fixed. Fixed with 70% gain on extinguishment is brilliant. That means pps can be $0.50 but shares allocated are fixed. convertible debenture deep discount, interest and derivative liability . High risk and why OTC has historically used them and never will again.

This is why the SEC says to Ignore opinions and bashers.

The tranches are clarified in Update , as filing accounts for financial settlement in totality. The tranches are also to the benefit of shareholders.

DBMM way to go !