Per the TRTB website on the About Us page:
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"To further create value for our shareholders, the Board Of Directors has decided to spin off BetUGetIt, into its own public entity. Therefore, in the coming months we intend to file an S-1 Registration Statement with the SEC to create a separate entity for BetUGetIt. All shareholders of TRTB on the record date of this transaction will receive a one for one share in the new entity. All shareholders on the record date will still own their original shares in TRTB, although the primary assets remaining in TRTB will be the public entity itself. To effect this transaction, the Company will be required to file audits for the previous two years of TRTB. As of October 1,2014, the company is nearing completion of it’s audit for the past 2 years and is well underway in preparations for filing the S-1."
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Seems like they might be behind but would be normal in the real world, as things always take longer than expected. They must be close to announcing this.
JMO
-CC
