B2Digital Inc. (BTDG)

[sanbrunobaby]

I agree and it is positive they have a current receivable of over $300,000.

However the statements are as of December 31, 2010. The list of top shareholders doesn't match the press releases of BTDG. In particular the strong selling point, that the CEO is not selling shares but is also buying shares is a contradiction to the list of shareholders presented. The list of top shareholders clearly a mistake according to BTDG press releases. How can BTDG list shareholders according to a deal that was never closed, and in case BTDG then cancelled ? Anway that is the past, more important how many shares CEO owns and controls.

Maybe just me, but the filing seems to give impression of businesses in which BTDG hasn't apparently had an interest or activity for some time. $4,000 in revenue alone shows that. I admit this is perhaps a subjective view.

The financials are a mess though somewhat improved. Maybe the CFO is taking a night class in accounting.

If it is so difficult for CEO to prepare clear quarterly filings, this makes one wonder how he will manage the complexity of an internet/HIP HOP/mortgage/lead generation/mining business with $4,000 revenue a quarter, and an incompetent CFO.

I think you were corect that maybe the HIP HOP business is a winner, why doesn't BTDG just concentrate on that.