Replies to post #50839 on Digital Brand Media and Marketing Group Inc (DBMM)

[davidam]

I took the time to direct this to the company for you and received a response

"Companies must file intent to do a share buyback and can do so within a year. An announcement does not require them to do so, it merely signals intent. In April RTG spoke of share buyback, then engaged in an Awareness Program culminated in a product launch and long term financing."
"The realignment by the Board undertaken post-Sept. That changed short term strategy, product dvlp comes in-house, Dom out, etc etc. That is pivoting, that is classic HBS resilence."

[Threeflight]

The buyback was the biggest piece of BS ever. Never happened, probably never had any intention of doing it. Yeah, lets buyback shares and then dump millions at .001. Rightttttttttt.