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Wednesday, August 05, 2015 10:39:42 AM
BTDG is operated by a fraud and a liar. He was convicted of theft and BTDG owes court ordered restitution as a result. He claims fake educational credentials as well.
There is no legitimate merger in the works here. There is just a bunch of nonsense about non-disclosure agreements signed with other insignificant parties.
One of which is with a so-called "energy company" whose "chief scientist" works at a tattoo parlor doing body piercings. This is not a joke. It's the truth. It's also very typical of LaBarre as well.
One of LaBarre's past scams was to get a guy from Haiti (Wilma St. Louis) who was working as a short order cook in China to make a 375 million dollar "bid" for BTDG through a fake company and this was pumped like there was no tomorrow on that bogus offer. Wilma got paid 95 million shares of BTDG to take part in this criminal charade.
Another bogus pump was claiming he had bought a gold mine and then fabricating a Ni 43-101 document which was then forged with the signature of a geologist in Canada. Luckily, the geologist came on I-HUB to complain about the fact that her name had been forged. LaBarre's filings are always full of such criminal nonsense.
LaBarre is a master at taking advantage of people's research laziness and ignorance of investing. He wins while everyone goes home with nothing in their pockets because they bought this stock on his lies and crazy announcements.
Here's the real scoop:
BTDG has no checking account and no cash of any kind in the bank.
BTDG is technically bankrupt with hundreds of thousands of dollars in court ordered liabilities, as well as other liabilities outlined in the most recent filing.
There is currently close to one billion shares of dilution already planned to take place here. It's right there in the filings. Read it.
To top it all off, they have a plan in place to satisfy more of these liabilities by issuing even more discounted stock. That means totally massive dilution is coming once this stock goes "current" because this is a near worthless stock to begin with.
Newbies had best read these filings BEFORE they buy. Not after.
In a time of universal deceit, telling the truth is a revolutionary act. --George Orwell
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