SHAREHOLDER UPDATE — FEBRUARY 02, 2024
Following the 10Q filing in January 16 2024, Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), and its brand, Digital Clarity (“DC”) is giving shareholders, investors and supporters an interim update on new business activity by flagship brand, Digital Clarity.
In this last update, the company mentioned that Linda Perry, DBMM’s Principal Executive Officer, was in London last month to meet with Reggie James to meet with prospective new clients. As stated in the PR and Update issued after the Final Order of Dismissal on June 2, 2023, the blueprint for growth is to increase the geographic footprint globally, particularly in the US. We also were emphatic that sharing the specifics would be governed by results which would be captured in the quarterly and annual filings. Look forward to 2Q24.
To that end, the Company is pleased to announce the acquisition of a major software client headquartered in Austin Texas.
Speaking on the announcement Reggie James, the Founder and Managing Director of Digital Clarity and the Chief Operating Officer of DBMM, said, “Removing the hurdles over the last few years step-by-step, the company has always intended to identify new business in multiple geographies , most recently in the B2B Tech sector in the US, and this new client is very significant and —is just the beginning.”
James added, “Our skillsets and brand translate well from our London base to across the pond and beyond and we are building on this moving forward. We can provide a competitive advantage and it is being acknowledged. The US is an important market for us and we envisage a minimum of 50% or more of new business coming stateside and we look to create a real footprint in the region.”
As also mentioned previously the dynamics will work together to ultimately result in exponential growth -organic and by acquisition. Supporters understand the future and the components, clients, and staff leveraging and increasing step by step. Everything is working according to plan.
Linda Perry and Reggie James
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.