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Replies to #9664 on ~ Power House ~

ProfitScout

12/12/19 10:54 AM

#9680 RE: ProfitScout #9664

$BTDG has just filed an 8K reporting that the company will be doing a share repurchase program. This clearly indicates that management feels the stock is undervalued at the present time.
LINK:
https://www.otcmarkets.com/filing/html?id=13782048&guid=x_5vUHvLeD_hdyh

Item 1.01
Entry into a Material Definitive Agreement.
On December 2, 2019, the Board of Directors of B2Digital, Incorporated, a Delaware corporation (the “Company”), approved the Company entering into a Repurchase of Shares Agreement dated November 22, 2019 (the “Agreement”) with GS Capital Partners LLC (“GS”) pursuant to which the Company agreed to repurchase 14,062,500 shares of the Company’s Common Stock previously purchased by GS (the “Shares”). The Shares were repurchased by the Company at a purchase price of $0.0072 per Share for an aggregate purchase price of $101,250. The Agreement is attached hereto as Exhibit 99.1.