Monday, July 29, 2013 10:08:33 AM
They show negative fixed assets, you cant have a negative fixed asset !
While they dont have any revenue they surely have some expenses which even if not paid should be accrued.
So the financial statements are incorrect, and indicate my theory that simply CEO does not have the administrative or financial experience to run a company that is listed on OTC. Should let someone else do and stick to areas he has expertise in.
I don't think a scam, a con man woulh ave moved on to greener pastures because CEO nor company cant be generating any cash from all this in my opinion.
It is a shame some people without a shred of support promote this stock to unsuspecting investors.
The filing also lists press release after press release on deals that havent come through or wont. Most telling is the HIP HOP "deal", it says clearly no deal has been consumated, and no indication how it would benefit BTG it it were.
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