I admit earnestdd does come across as negative. However I assume everyone on this board either has BTDG stock or is considering to buy some. And there are valid questions and discrepancies that BTDG just refuses to answer or address - and ones shareholders do have a right to want resolved.
BTDG is a sub penny stock to be sure, and under the CEO's management it has performed terribly the last year.
Look at ANY agreement or filing of BTDG and compare it to their press releases- then compare the clauses of the agreements to the press releases, and you will see BTDG doesnt keep to any agreement it makes. No wonder nothing seems to work. Part of the problem for investors is instead of BTDG clarifying things, it makes it more confusing. After looking at this stock for a few months, my own opinion is CEO has a useless CFO, and also CEO has no understanding of how to prepare a filing or press release by any standard reasoning. Of course BTDG claims everything is someone elses fault. But it is management's job to deal with reality, not the other way around.
So is it any wonder people get annoyed ? I mean come on do you believe they have 1.5 million ounces of gold reserves ? Do you think it is reasonable that on 12/30 board cancels shares ( which it is not even clear were outstanding in first place)then shows them outstanding 12/31 ? Do you believe it is reasonable to sign CEO employment contract in January 2010, but not disclose until June 2010, then in December state there is a salary liability which has never been posted to the books ?
Maybe HIP HOP deal is good, maybe BTDG actually controls 1.5 million ounces of gold reserves, maybe "definitive merger" with Wilma is just about to happen, maybe US GAPP applies differently to companies based in Arizona.
It is one thing to be a bit over-promotional, or have poor financial statements, or have some bad luck here and there.BTDG seems rather consistently to go downhill the last year. When does the CEO step up to the plate and deal with the questions.
I agree this is a sub penny stock in a speculative area of the market, and some people on this board are extremely negative to the point of not being objective at times.
So give us some positive news - on what basis are there gold reserves ? on what basis is the merger going through ? on what basis do you feel CFO shouldn't be fired ? what does it take for CEO to step down, .000001 per share ?
Looks like CEO almost starving if all he is paid is restricted BTDG stock, and company has no money to run the six or seven businesses it claims to have. CEO doesn't seem to understand much about proper and transparent disclosure. Give him credit for trying hard. Look at everything he files with pink sheets, even copies of emails on past due bills. How often does one see that ?
Maybe the HP HOP deal is a winner (though not sure if it was 10% or 20%) and perhaps CEO has enough experience in media to make it work. He certainly doesnt understand the rest of the business, and a dismal performance in financing the company.
So if earnestdd is negative to the point of not being objective, it is understandable. However earnestdd has done a lot of homework that helps investors.It is also understandable that perhaps reason for confusion is the CEO is one terribly confused person under a lot of pressure and stress.
Can you honestly state that you think that BTDG is well-run and CEO is worth $120,000 per year?
AI
