Thank you for prompt response.
1. I agree that if BTDG feels there has value guess they can't be faulted for acquiring. However press release specifically said in title 1.5 million ounces of gold reserves. So second part of my question, do you believe CEO should provide to market backup for his own press release ?
2.Still being negotiated ? Didn't the press release state it was a "definitive merger" ? Did I miss something ?
3.I am curious. If CFO pepares financial statements that don't show over $200,000 in liabilities for a company with $4,000 revenue in a quarter, why would someone wish to keep that person involved ?
4.You make a good point especially with what appears to be a very major interest in the company controlled by the CEO he would certainly appear to have incentive. Some of course might question,whether he has enough ability or experience, or whether his track record the last 12 months breeds confidence. Of course no one seems to know truly how many shares he owns or controls.The other part of my question is how far down does price need to go until even his supporters would say he should step down ?
- Anyway if he stays he should fire CFO immediately, answer investor questions about the gold and the merger, dump everything except HIP HOP and focus on that. Just an opinion.
5. But my question is why doesnt liability along with other liabilities show on balance sheet ?
HIP HOP stake is 20% ? Documents seem to say 10% ? Or is there a discrepancy between underlying documents filed and the press release ?
I will re-phrase (3). If CFO cannot book liabilities, prepares pink sheet filings that no investor seems to easily understand, can't seem to raise capital, why would company incur $60,000 a year for that sort of result ? Wouldn't a bookeeper be a better alternative ?
I do appreciate your answers.
