Outstanding Shares 825,218,631
Restricted15,966,655
Unrestricted809,251,976
DBMM
US ADDRESS (Virtual Office):
845 Third Avenue,
6th Floor
New York, NY 10022
(646) 722-2706
Email:info@dbmmgroup.com
TRANSFER AGENT
Madison Stock Transfer
Brooklyn, NY 11229
(718) 627-4453
http://www.dbmmgroup.com http://www.digital-clarity.com
http://www.otcmarkets.com/stock/DBMM/profile
LinkedIn
https://www.linkedin.com/company/digital-clarity/
https://www.linkedin.com/company/digital-clarity/
SHARE STRUCTURE:Preferred Stock
Series 1:1,995,185Issued, 2MAuthorized
Series 2: 0 Issued, 2MAuthorized
Common Stock
2,000,000,000 Authorized
4,414,975 Outstanding as of 9/24/15
63,000,000 Outstanding as of 11/23/15
135,710,561 Outstanding as of 12/22/15
149,985,561 Outstanding as of 1/11/16
157,685,561 Outstanding as of 1/14/16
165,790,561 Outstanding as of 1/26/16
174,312,361 Outstanding as of 2/3/16
317,854,331 Outstanding as of 3/4/16
329,063,531 Outstanding as of 3/8/16
396,999,031 Outstanding as of 3/17/16
493,031,831 Outstanding as of 4/1/16
541,825,231 Outstanding as of 4/11/16
745,718,631Outstanding as of05/25/16
Suspension/Expert Market
757,718,631Outstanding as of10/30/20
787,718,631 Outstanding as of 3/31/22
795,218,631Outstanding as of2/06/23
825,218,631Outstanding as of 6/30/23 (+30M)
About Digital Brand Media & Marketing Group (DBMM)
DBMM's Group's, Digital Clarity, has a distinguishing, analytic skillset that is in demand by companies today as they seek to make sense of the digital landscape. Digital Clarity models each client individually using their own industry and financial data and as such, the product is competitively differentiating.
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.
Executive Profiles
Reggie James | Executive Director, Co-Chief Operating Officerand Senior VP of Marketing &Communications: Managing Director of Digital Clarity
Founder of Digital Clarity, a leading Search Marketing and Digital Advertising Agency. The company helps major brands and medium sized companies take advantage of the digital economy focusing on areas such as Search Engine Marketing (Google, Yahoo! & Bing), Social Media (Twitter, Facebook & LinkedIn) and Internet Strategy Planning.
Reggie has been involved in the commercial element of the internet since its inception and has been instrumental in driving forward business models that are common place today. Further to running Digital Clarity, Reggie is a minor shareholder and former founder of an internet analytics technology software house as well as an AIM listed marketing service company. Prior to launching Digital Clarity, Reggie has been involved with publishing groups such as VNU & Ziff-Davis as well as leading search company AltaVista, now part of Yahoo inc.
Linda Perry | Executive Director, Chair, Nomination/Compensation & Audit Committees
Her background includes board level advisory to The Balli Group where she was a Senior Advisor in the acquisition integration of Klockner & Co. The acquisition resulted in the creation of the world's largest steel, multi-metal distribution and trading company.Prior to that role, she was a Director and member of the Executive Committee of Churchill Insurance Group plc, a division of Credit Suisse. The Company was re-organized and sold within the industry for £ 2.3 billion GBP. While a Senior Executive for ExxonMobil Corporation, she held general management positions with global responsibility in finance, marketing, corporate governance, management succession and executive compensation. The latter role was under the aegis of the BOD's Compensation, Organization and Executive Development Committee, of which she was a member. Ms. Perry holds an MBA from Harvard University.
DBMM delivers marketing value, brand consultancy and analytics in the digital economy through its brand, DIGITAL CLARITY.
* Large multinational companies were clients. Mercedes, Xerox, ProCook, Silverstone, H.R.Owen and many more
* $3+ million in possible funding (a right of first refusal only)
Sequence of some key events
1. On Nov 15,2013 the SEC sent Notice to DBMM that its Auditor had been sanctioned and no longer approved public company Auditor..
2. DBMM was 2 weeks from filing its 2013 10-K and thus had to re-audit 3 years.
3. Due to re-audit work, Asher, one of the lenders, could not convert. Asher filed a lawsuit,
4. DBMM completed its re-audit in Sept. 2014 and filed 5 reports the same day, then requisite reports through May 2015.
5. DBMM unable to raise capital blamingAsher relentless litigation and was unable to file thereafter.
6. SEC suspended DBMM, started an Administrative Proceeding against DBMM to revoke DBMM shares registration and DBMM started trading OTC*PINK Current Market to OTC Grey Market.
7. DBMM fought SEC Administrative Proceeding.
8. Finally, DBMM identified new funding.
9.DBMM filed Audited Consolidated Super 10 K (Annual reports) for 3 years (2015, 2016 and 2017).
https://www.otcmarkets.com/filing/conv_pdf?id=12787576&guid=tHTeUq6BxCaQith
10. On June 18, 2018 the Legal Proceeding entitled Asher Enterprises, Inc. v. Digital Brand Media & Marketing Group, Inc . has been settled by the parties.
11.A quarter MILLION Dollars was invested in late 2017
12. July 2018, as DBMM filed Audited Consolidate Super 10 K (Annual reports) for 3 years (2015, 2016 and 2017) and Quarterly reports for Q1, Q2 and Q3 of 2018, OTC Markets website NO LONGER shows DBMM as delinquent filer. OTC Markets websites NOW SHOWS DBMM as SEC*REPORTING.
13. ONLY thing left is SEC Administrative Proceeding which started in May 2017.
14. Various stays from SCOTUS case for over 100 cases.
15. Nov 12,2018 Initial Decision vacated and oral presentations agreed and scheduled for Jan 15 2019.
16. Gov't shutdown requires new scheduling.
17. DBMM has been compliant since June, 2018. 18. 19. New hearing happened on March 21st 20. On Nov 12, 2019, SEC Judge DISMISSED OIP against DBMM in Initial Decision. "In conclusion, the violations alleged in the OIP are proven, but no available sanction is appropriate. Thus, this proceeding will be dismissed."
https://www.sec.gov/alj/aljorders/2019/ap-6449.pdf
21. Sanction challenged.
https://www.sec.gov/alj/aljdec/2019/id1389cff.pdf
22. DBMM WONVERDICT.
Follow the court case here:
https://www.sec.gov/litigation/apdocuments/ap-3-17990.xml
SEC Case History:Initially, on 16 November 2017, ALJ Jason S Patil ordered revocation of registration for DBMM. That was an initial decision:
https://www.sec.gov/alj/aljdec/2017/id1226jsp.pdf
On 6 December 2017, Patil informed the parties of what the SEC required in connection with theLuciapendency in the Supreme Court.
Following issuance of the initial decisions in this case, the Securities and Exchange Commission ratified the appointment of its administrative law judges and remanded this and every administrative proceeding pending before it. Pending Admin. Proc., Securities Act of 1933 Release No. 10440, 2017 SEC LEXIS 3724 (Nov. 30, 2017).1 The Commission directed each judge to: (1) reconsider the record in each proceeding, including all substantive and procedural actions; (2) allow the parties to file any new evidence that the parties deem relevant to the reexamination of the record by January 5, 2018; (3) determine whether to revise or ratify prior actions; and (4) issue by February 16, 2018, an order on ratification.
On 5 January 2018, the Commission sent Patil a draft he could use to ratify his own earlier decision to revoke registration:
https://www.sec.gov/litigation/apdocuments/3-17990-event-57.pdf
On 22 June 2018, the Commission ordered that all pending administrative proceedings be stayed in connection with the Supreme Court's decision inLucia. (Obviously Lucia won his case, which had nothing to do with delinquent issuers.)
https://www.sec.gov/alj/aljorders/2018/ap-5829.pdf
On 23 August, Chief ALJ Brenda Murray issued a notice communicating an order by the Commission allowing the stay to expire. For DBMM, the key part of the order was this:
With respect to any such proceeding currently pending before an ALJ or the Commission, we order that respondents be provided with the opportunity for a new hearing before an ALJ who did not previously participate in the matter.
DBMM decided to take its chances on a new ALJ.
On 12 September, Judge Murray assigned the DBMM case to Carol Fox Foelak:
https://www.sec.gov/alj/aljorders/2018/ap-5955.pdf
FINAL DECISION OUT.DBMM IS THE WINNER.
Below is the presentation at the Emerging Growth Conference.
https://www.youtube.com/watch?v=IXuwmTW4Crw
Listen closely at 16:46! TOOT!
NOTE: The FINRA Daily Short Report doesNOTrepresent naked shorts! Boards where it is used to try to trick inexperienced investors signal a SERIOUSREDFLAG! Read FINRA's own explanation below
https://www.finra.org/investors/insights/short-interest
What Short Interest Is NotIn addition to short interest data, FINRA also publishes short sale volume data. The daily short sale volume data provides aggregated volume by security for all off-exchange short sale trades. This data excludes any trading activity that is not publicly disseminated and is not consolidated with exchange data.
Some market participants mistakenly conclude that the bimonthly short interest data is understated because the Short Sale Volume Daily File reflects volume that is much larger than the positions reported as short interest. However, short interest position data does not—and is not intended to—equate to the daily short sale volume data posted on FINRA’s website.
The short interest data is just a snapshot that reflects short positions held by brokerage firms at a specific moment in time on two discrete days each month. The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.
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