B2Digital Inc. (BTDG)

[sanbrunobaby]

If BTDG is claiming 6 employees it does seem odd there is no accrual for salary expense even if someone else is paying for them. Then again there is no accrual for CEO nor CFO salary either.Maybe they are employees under commission and not earning any commissions.

There is no way to know whether BTDG is deliberately reporting incorrect financial statements or simply does not have the knowledge,skills or experience to prepare financial statements. It would appear the latetr is the case, for the following reason :

- BTDG could just as easily accrue the expenses, thus further justifying the assertion they have 6 employees, and another accrued liability surely wouldn't affect whether investors would buy the stock or not.

- Fairly consistently the company has show itself unable to report financial results according to GAAP, and their disclosures seem to have all sorts of problems. The business decisions also seem never to work. Thus not booking accruals properly does fit the pattern of this company.

More important is where is the backup for 1.5 millon ounces of gold reserves, and the status of the "definitive merger" with sinocan at $.04 per share.

I believe my comments are objective about BTDG according to information available. I would be curious why BTDG, nor its supporters, avoid the real questions. Does BTDG have 1.5 million ounces of gold reserves ? Do BTDG financial statements present a fair representation of the company under GAAP ? Why no update on the crucial "definitive merger" ? Why isnt judgment liability on the balance sheet ?