Replies to post #41219 on Digital Brand Media and Marketing Group Inc (DBMM)

[davidam]

From what I understand your info on an important topic is wrong
no shares will be issued for the merger until September. By then the share price should be higher so even less shares will be issued. If any one thinks the principals will be selling shares near this area anyway is dead wrong IMO

The 8KA filed Sept 3 2010 revised the closing date for the acquisitions transaction to the same date as the Audited Consolidated Financials were filed. The contracts were signed March 31 but the audit was required before the close of the deal.

That means the minimum conversion from preferred to common is Sept 3, 2011. The valuation is based on targeted revenues, +/- 25pct on exceeding or missing the perf targets. The conversion share issuance of common stock is based on the average closing market price for the 30-days preceding the minimum conversion date.

[infamous]

Sola, i DO agree with you about that whole,"Lets control the speed of the ascent by not pushing to hard etc" bs. Heres the thing, if this comp IS for real, then you can pump and dump all the hell yu want but at the same time have the stock trending UP as long as they deliver. So I say , pump the hell out of it now so we can be at .10 before they start delivering! eh? oops, guess im from Canada. Not really though. but, really