b2digital inc (BTDG:OTC US)
b2digital inc (BTDG) Key Developments
B2Digital Inc. announced that it plan to raise $10,000,000.00 in debt financing from a top bank to capitalize BTDG.PK and begin its restructuring. As part of Hunt's BTDG.PK re-launch strategy, the company is organizing a capitalization plan to prepare B2 Digital for its course to list on an exchange. The capital will be used to obtain an audit from a top accounting firm and to fund operations expenses for the company and its subsidiaries. The company will be looking to build a solid team and re-establish BTDG as a growth firm in the investment community.
B2Digital Inc. announced that it has begun a major corporate restructuring of BTDG in preparation for the pending deal with SSM Media Ventures Inc. This is being done in an effort to prepare BTDG for a secondary offering and a re-launch of the stock in the market place. B2 Digital Inc. with the support of SSM Media Ventures Inc. is announcing the appointment of Mr. Rodney P. Hunt as the new chairman of the company. Mr. Hunt is CEO and President of RPH Enterprises Inc. and founder of RSI Systems Inc.
B2Digital Inc. (BTDG) has appointed Rodney P. Hunt as its new Chairman. “Hunt is encouraging existing shareholders to stay with BTDG through this ground breaking transition. He has a detailed plan that includes a capital raise and several strategic acquisitions,” CEO, Paul D.H. LaBarre said.
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Industry Analysis
BTDG
Industry Average
| Valuation | BTDG | Industry Range |
| Price/Earnings | 32.2x |
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| Price/Sales | 32.2x |
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| Price/Book | 1.4x |
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| Price/Cash Flow | 32.2x |
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| TEV/Sales | 31.9x |
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