An alternate presentation of the recent board meeting :
BTDG calls board meeting.
CEO reports tough negotiations with SinoCan, now that he has found them it has become obvious their financing delayed until the summer.
Chairman exclaims "woe is me" !
CFO shouts Eureka, why wait until summer to lock up deal, let us do it now !!! Let's take over Sincocan !! ( Shareholders present cheer )
CEO sighs with relief, "Trusty CFO as usual you can think outside the box. Anyone who can cancel shares on December 30 but then show them outstanding on December 31 things is outside any box known in American financial history."
Chairman says in somber tones we must do due diligence. Well 1 for 1 , 95 million shares sounds significant- if at $.04 per share quite a bit of money. CFO nods at this quick calculation of Net Present Value by the Chairmen.
CFO takes out her calculator, and says if original deal worth $100 million, this means we are acquiring SinoCan only for $4 million ! We have just made $96 million for our shareholders !!!
Meanwhile the CEO has to be restrained from the excessive joy he is showing.In addition to mining in Canada/Media/HIP HOP/lead generation/mortgage lending , now he will add new divisions in mining in china, import-export, and the perennial favorite, media.
CEO regains his composure and comments that BTDG has had a bit of poor PR recently, and he intends to put a stop to comments that BTDG doesnt disclose facts- "Let's make a filing with pink sheets, foregt this press release stuff !".
Shareholder leaps to his feet and praises management for their transparent and timely approach to disclosure. Wait though, quiet in a corner a sharehholder who has a high school diploma points out that wasnt the 3.1 million shares the figure before other share issuances and shoudn't be in the agreement ? CEO stands up, pulls his suit coat down and adjusts his sunglasses, and in a menancing tone shouts that " That is a minor detail,and I go by what the documents show me. That is the last shareholder's list I have, plus we can't afford a newer list."
