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Re: overachiever post# 7310

Sunday, 02/27/2011 12:42:05 PM

Sunday, February 27, 2011 12:42:05 PM

Post# of 55129
Yes Ground Control,it may seem to be exactly as you portray this company and its management. I would say that absent definitive proof this is a fraud or scam one should be very hesitant to accuse people of such things out of fairness if nothing else.All you have pointed out is how absurd and incorrect their disclosure has been. Have you shown once that CEO or CFO actually knew they were putting out false or misleading releases ? If management is severely mentally disturbed for example, they may not be engaged in these activities with bad intent.

The CFO for example must have severe problems judging by the financial statements.

However the fact that all three directors apparently gave their approval to the silly report of the directors meeting may support your opinion- i.e. to have three people equally mentally disturbed or equally out of touch with reality may be more of a stretch than they are trying to "scam" investors. I guess you have enough information to say definitely this is a scam, I guess I just have a feeling BTDG management is in fantasy land and may actually believe the information they put out. They keep doing this for months after they cancelled any financing agreements, and with no beneficial effect in the market. So why do they continue with this ?

Anyway I have been trying to be objective, but this latest news is quite absurd.

I am though quite interested in how they address the 1.5 million ounces of gold reserves. Should be an equally absurd directors meeting.