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Friday, July 07, 2017 6:13:58 PM
For several years Earnest and I have been warning people that BTDG's accounting was all bogus BS jigged up by our favorite scammer, Paul LaBarre.
In the past few days, BTDG released its annual report for the period ending March 31, 2017. The financials were prepared by a new accounting firm located in the Dallas area. As all can now see, almost everything previously claimed as assets has now been reduced and restated to zero.
No revenues, no assets and negative shareholder equity is now the official truth here.
I suppose thanks are in order to Greg Bell. At least at the present, it appears Bell is trying to be upfront and legit. Maybe he can eventually do something with this company one day. In my opinion, however he should figure out a way of dumping LaBarre. LaBarre is just bad news and is not an asset in any kind of way. As long as LaBarre is in a position of authority, there remains a scam factor attached to this company.
We will see what happens after the reverse split.
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