NEW YORK, NY and LOS ANGELES, CA and LONDON, UNITED
KINGDOM--(NewMediaWire - Jul 31, 2015) - On July 17, 2015,
Digital Brand Media & Marketing Group, Inc. (OTC
PINK: DBMM) issued an 8-K and announced a Corporate Action to
restructure the common share structure approved by FINRA. The
Company expects the share price to stabilize upward after the
20-day period following the restructuring during which the "D" is
on the symbol. The SEC 20-day period allows time for all
administrative details to be organized by brokerage houses and
professionals who maintain an orderly market.
The 3Q 10-Q financials will be released shortly to reflect the
corporate action even though it became effective on July 17, 2015,
well into the 4th quarter. The 3rd quarter continued growth in
revenues and decreases in expenses will continue to document 2015
as a strong fiscal year. The Company's financial advisors suggested
the new foundation for review will be a clearer communication,
rather than waiting for 4Q.
The transparency will position the Company's fundamentals
accurately and positively. As stated in Press Release of July 20,
2015, the Company is taking significant action "to aggressively
widen (its) brand exposure using a variety of digital and social
channels. There are investors around the globe who understand the
digital marketplace and its growing influence on consumer
decisions. DBMM is targeting these new investors through a global
digital and traditional integrated campaign which will be run by
Digital Clarity, with third parties, as required for
distribution."
The outstanding shares as of August 1, 2015 remain at 4,414,975
common shares issued.
About Digital Brand Media & Marketing Group, Inc.
(DBMM):
DBMM Group crafts, designs and executes digital marketing
strategies across multiple ad platforms and social media networks
for a broad array of clients to help each of them establish a
uniform brand identity across the digital universe. The product
offering is a unique value proposition of intelligent analytics
provided by an experienced digital marketing and technology
team.
Safe Harbor Provisions:
The foregoing contains certain predictive statements that relate to
future events or future business and financial performance. Such
statements can only be predictions, and the actual events or
results may differ from those discussed due to, among other things,
those risks described in DBMM's reports filed with the SEC.
Opinions expressed herein are subject to change without notice.
This document is published solely for information purposes, and is
not to be construed as an offer to sell or the solicitation of an
offer to buy any securities in any state. Past performance does not
guarantee future performance. Additional information is available
upon request.
