Sunday, February 27, 2011 11:08:17 AM
Note the outstanding shares listed at 3.1 million shares, compare that to press releases last 6 weeks, i.e. what is the true amount of shares outstanding. Curious also that 60% of outstanding shres represented at the meeting of the directors.
Guess this solves a PR problem of people wanting to know the status of the SinoCan merger, i.e. now we know.
I still believe that perhaps stupidity or incompetence or perhaps even insanity could explain all this, but I must admit that the alternate explanation that this is a deliberate scam may also be possible.
How could one even arrive at any sort of logic for this ? Even if they had to wait until summer for millions of $, why wouldn't BTDG just wait and sit tight. What possible benfit does this bring to shareholders ? Does CEO honestly want shareholders to believe after the Firma Gold fiasco that BTDG can operate now in China in mining, media and import-export ?
What on earth is BTDG buying ?
If BTDG itself believes what it is disclosing, there must be something seriously wrong with CEO and CFO. Either that or are they are truly trying to engage in some sort of scam. This situation is beyond absurd.
How smart the board is ! Can't close a deal, well end the deal by putting together another deal that closes the first !
I have to admit I will be glued to the screen, can't wait to see how they address the 1.5 million ounces of gold reserves.
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