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Saturday, March 09, 2013 11:38:36 AM
Mr. Rodney P. Hunt, Chairman of B2 Digital Inc. received confirmation of the first ($5,000,000.00) in Debt financing for BTDG's re-launch and re-organization. Mr. Hunt will be securing this financing through a Standby Letter of Credit through a top bank to fund BTDG's subsidiaries and launch on a major exchange.
--so he has received debt financing to be secured by a standby letter of credit.so the press release itself states it hasnt been secured. Has it been now ?
Mr. Hunt hopes for a repeat of his previous success with his company RSI Systems, Inc. "I am working to strengthen BTDG's capital reserves," says Hunt.
--oh come on, not even $20,000 has been put in company since may 2012 press release.
"He plans on using his considerable resources in the debt and equity markets to reposition the stock from a pink sheet company to a fully reporting public company, listed on a major exchange. BTDG is poised to be strong firm," says Atonn F. Muhammad, the company President.
--BTDG has no audit nor any indication any sec reporting experience in preparing financial statements has been employed. How many years do you think is needed to start this ?
B2 Digital will be preparing for a secondary offering and use proceeds to build a strong portfolio of brands in Television, Entertainment, Digital Media and IT
--is tehre any indications CEO has the ability to turn these "brands' into profitable businesses ?
-you seem a reasonable person and I admire your continued optimism. but again i amjust asking simple questions which never get answered about this company.
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