Replies to post #37947 on B2Digital Inc. (BTDG)

[wingtrade]

I don't know, but if I were going to guess, I would guess:

Between October 4, 2019 and March 10, 2020, the Company issued to GS Capital Partners, LLC, an accredited investor (“GS Capital”), Convertible Promissory Notes aggregating a principal amount of $734,000. The Company received an aggregate net proceeds of $725,500 after $28,500 in original note discount. The Company has agreed to pay interest on the unpaid principal balance at the rate of eight percent (8%) per annum from the date on which Notes are issued until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. The Company shall have the right to prepay the Notes, provided it makes a payment to GS Capital as set forth in the agreements.

Watch that unrestricted count at OTcmarkets - currently 267M. I hope it does not change any time soon.

[wingtrade]

By the way just so I'm being clear. The O/S really doesn't matter right now for this stock because the problem here is that someone is liquidating millions and millions of shares into the float. The 'float' from June 25 on the otcmarkets page is entirely misleading. The only real float is the unrestricted share count. The DTC count is lower so that's good, but every single one of those unrestricted shares can enter the float at any time: Currently capped at 267M as of last update on Oct 9.

BTDG Security Details
Share Structure
Market Cap Market Cap
4,503,798
10/13/2020
Authorized Shares
5,000,000,000
10/09/2020
Outstanding Shares
692,892,017
10/09/2020
Restricted
425,497,699
10/09/2020
Unrestricted
267,394,318
10/09/2020
Held at DTC
201,994,672
10/09/2020
Float
67,713,458
06/25/2020

https://www.otcmarkets.com/stock/BTDG/security