B2Digital Inc. (BTDG)

[sanbrunobaby]

Completely agree that if CEO had a contract starting January 2010 to make $10,000 per month that proper accounting would be to accrue that liability monthly. However in bizarro world the CFO may not book things in the normal fashion as in the real world.

Payroll tax liability depends when actually salary paid since individuals pay tax on receipt not accrual. If CFO can't accrue the expense normally it is not a stretch that preparing payroll tax return might be beyond her.

What about other expenses ? There must be some other expenses. What about other liabilities ? Is the judgement shown on books as a liability ? If any rent expense paid in 2010 does that show as expense ? Judgement must be accruing interest as well, no ?

In any case a sub-penny stock with all its hopes on HIP HOP, maybe it is too much to expect normal accounting. Maybe CEO should let CFO go, and re-structure business to dedicate the 6 employees to HIP HOP ! Or send them all to Canada to find the 1.5 million ounces of gold reserves !