Replies to post #64728 on Digital Brand Media and Marketing Group Inc (DBMM)

[davidam]

That piece I will agree with. I was surprised to see the OS over 500M and it made it clear it needed to be raised. You can not issue over your AS.
Look we have a new company being formed with some new principals with a very excellent business past. This is not the time to hang it up. Let us see what changes come with the soon to be new company. We all wanted a merger back months ago knowing that is whats needed. We appear to be getting what we want. This is a good thing and exciting

[Threeflight]

What is even funnier is the Headline of that Pr on March 8 reads RTG Ventures Share Structure Requirements for 2012 to Enhance Shareholder Value.

Enhance shareholder value? At the time of that PR, the OS was OVER 520 M. Let that sink in for a second. OVER 520 MILLION up from 175 M from last November. Of course no one here knew that. The stock has sunk 95 in 3 months due to this dilution, and they write a PR saying they are increasing shareholder value? I mean, is that some kind of joke? Who or what can we trust here David?

[Threeflight]

I would really like for someone to explain to me this post I am responding to here. How is it in the March 8 PR the company says they are raising the AS from 500 M to 750 M because of merger possibilities and convertible reserve requirements, when in fact, a week prior to the issuance of that PR, the company was already over the 500 M limit at 520 M and yet no mention of that was given in the pr.

I just have to shake my head when I read stuff like that.