TO DBMM SHAREHOLDERS
TO DBMM SHAREHOLDERS
May 16, 2017
DBMM Management understands that shareholders are anxious to receive details about the meeting as announced. On May 11, 2017, the parties to the 2014 litigation in question met as scheduled. However, DBMM has followed Litigation in Public Companies Best Practice in that the Company remained silent as it continued to exercise its prerogatives within the Court system. Had there not been an unauthorized PR by DBMM’s opponent, the matter would have continued to take its course, which may have included meetings as may take place along the way in these situations, but it would not have been public information. Reverting to non-disclosure is appropriate for the short term.
To put the situation in context, DBMM has never had a commercial litigation in its history and shareholders should understand that DBMM Management has consistently acted in its shareholders best interests. We continue to do so. That is the state of play at present.
We would add, it is not useful to speculate, nor to listen to those that misrepresent or willfully misinform and look to mislead the market, shareholders or investors. To reiterate, this activity is being monitored and will be appropriately dealt with as described in the first DBMM Statement. As mentioned previously, both the
SEC – https://www.sec.gov/oiea/investor-alerts-bulletins/ia_promotions.html and
FINRA – http://www.finra.org/industry/2017-regulatory-and-examination-priorities-letter
take an increasingly aggressive approach when there is consistent manipulation and/or an attempt to influence public markets. The information in the respective links provide the guidance required.
DBMM Management requests your patience. As a public company there are protections for shareholders provided by regulatory agencies. Once again, DBMM is fully controlled by individuals through a designated preferred share structure established in 2011. DBMM has no registered shares. Please be assured that DBMM will remain transparent and fully cognizant of the undue pressure in place. Again, we ask for your patience as shareholders of a public company and appreciate your understanding.
For and on behalf of Digital Brand Media & Marketing Group, Inc.
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.