Replies to post #41072 on Digital Brand Media and Marketing Group Inc (DBMM)

[ID Supermoney]

Right but the conversion from preferred to commons comes on March 31, 2011!!

So say they have 10 million shares preferred and the convertible rate is 1-10!!

So then these 10 million go away from preferred and are changed to commons on March 31, 2011 which would mean that there is NOW 100 million more common shares!!

So March 30, 2011 167 million shares common!!

March 31, 2011 267 million shares common!!

It matters to me NOTHING if they can only be sold 6 months from now!!

Reason market cap at say $0.01/ share March 30, 2011 = $1.67 million

Market cap March 31, 2011 at same price of $0.01 = $2.67 million!!

Well MM's see this and guess what share price goes DOWN 40% next day as Market cap will remain the same!!


GLTU


ID