DBMM Continues to Execute Business Plan With Strategic Partnerships
22 February 2014 - 12:45AM
Marketwired
DBMM Continues to Execute Business Plan With Strategic Partnerships
NEW YORK, NY and LOS ANGELES, CA and LONDON, UNITED
KINGDOM--(Marketwired - Feb 21, 2014) - Digital Brand Media
& Marketing Group, Inc (OTCQB: DBMM) is very encouraged by the
Merger & Acquisition activity taking place in the digital
technology and marketing sector in 2014.Reggie James, Co-Chief
Operating Officer and Senior Vice-President Marketing &
Communications has commented:
"As DBMM continues to implement its Business Plan and build our
strategic alliances with partners BRANDmini and VMSPlay, the
positive aspects of those partnerships are serving us well as we
began fiscal year 2014 and have had discussions with
new clients in the US and in Europe. The offering to clients
now includes added dimensions which can provide a competitive
advantage as we had hoped when the relationships were initially
established. In addition, we are excited by recent activity in the
market that continues to confirm the Company's position as a
business attractive to institutional investors and to a target
acquisition."
"Recent activity relating to the meteoric growth in both Short
Messaging Services (SMS) as well as premium services such as Video
Messaging Services (VMS) shows no sign of slowdown, quite the
opposite, and our offering via partners has been both timely and
will prove to be well-advised over time. The recent acquisition by
Facebook of the SMS provider WhatsApp (http://on.wsj.com/1e8rEi2)
elevates the nature of our tied alliances," said Mr. James.
Going forward, there are many opportunities but they will take
time and additional headcount, as stated in our recent 10-K and
10-Q. While we are quite bullish on DBMM's potential, we highlight
that it takes time and people to execute against opportunities.
However, the Company remains significantly undervalued, albeit a
Company with consistent revenues. Therefore, in order to provide
for the reserve equity generally required for any financing
arrangement and an equity portion which must be reserved for an
acquisition, the Authorized Shares have been increased to
2,000,000,000 common shares as prudent contingency planning.
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.
DBMM is an OTCQB Company, Symbol OTCQB: DBMM.
About VMS Holdings, Inc. (VMS) VMS Holdings, Inc. develops a
mobile application for sharing videos. Its mobile application
allows companies and users to send and receive video content to and
from a mobile phone; subscribe for a favorite celebrity, actor,
TV-channel, or team and get video updates; and create your own
channel and become a broadcaster, as well as serves as a tool for
mobile marketing and sales. The company's mobile application is
available for Android, BlackBerry, iPhone, and Symbian devices. It
distributes its mobile application through distributors, and mobile
device and application stores in Africa, Europe, Asia, North
America, and South Africa. It serves mobile operators and media
companies, government organizations and law enforcement agencies,
premium content providers and retailers, sports clubs, and
celebrities worldwide.
About BRANDmini BRANDmini is a transactional marketing
automation platform for creating, serving, and measuring marketing
campaigns across multiple online channels and mobile devices. Our
platform is integrated with leading ad networks, publishers, mobile
platforms and social sites.
BRANDmini's innovative In-Page technology empowers brands to
engage and transact with consumers while they are browsing. Now
anyone can build branded transactional ads, gadgets, social landing
pages and run campaigns anywhere your customers are.
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.
CONTACT: Digital Brand Media & Marketing Group, Inc. IR
Contact: info@dbmmgroup.com TEL: +1 646 722
2706
Digital Brand Media and ... (PK) (USOTC:DBMM)
Historical Stock Chart
From Apr 2024 to May 2024
Digital Brand Media and ... (PK) (USOTC:DBMM)
Historical Stock Chart
From May 2023 to May 2024