B2Digital Closes Acquisition to Significantly Expand "One More Gym" Brand
October 08 2020 - 8:00AM
InvestorsHub NewsWire
October 8, 2020 -- InvestorsHub NewsWire -- B2Digital
Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG),
the premier development league for mixed martial arts (“MMA”), is
pleased to announce the closing of the Company’s asset purchase
agreement (the “Agreement”) to acquire all of the assets of two
additional premier fitness facilities, expanding its One More Gym
brand to three locations as of October 6,
2020.
The two new locations are existing and operating
fitness facilities in Merrillville and Valparaiso,
Indiana.
“This move should triple our One More Gym revenues
going forward,” commented Greg P. Bell, Chairman & CEO of
B2Digital. “The acquisition is a strong long-term value for our
shareholders given the current environment, which has created
tremendous value opportunities in the fitness facility
marketplace.”
B2Digital began recording operating revenues from the
newly acquired locations on October 6. The Company plans to add
Jiu-Jitsu, Boxing, and MMA instruction areas to both locations to
integrate the facilities into the Company’s B2 Training Facilities
Network, which represents strong synergy between its B2 Fighting
Series, B2 Grappling Series, and One More Gym brand, creating an
ecosystem for fighter development, as well as an avenue of
high-impact marketing targeted toward both aspiring fighters and
MMA fans.
For more information about B2Digital, visit the
Company’s website at www.b2digitalotc.com.
About B2Digital
Inc.
With extensive background in entertainment,
television, video, and technology, B2Digital (OTC:
BTDG) is now forging ahead and becoming a full-service live
event sports company. Capitalizing on the combination of B2Digital
CEO Greg P. Bell’s expertise and involvement with more than 40,000
live events over his career for major sports leagues and
entertainment venues, B2Digital is in the process of developing and
acquiring MMA and sports-related companies to build an integrated
Premier Development League, Expand the B2 Official Training
Facility Program Network and Continue the growth of the B2 Social
Media Network for the multibillion-dollar mixed martial arts
(“MMA”) industry.
B2Digital intends to create and develop league
champions that will move on to the MMA major leagues from the
Company’s B2 Fighting Series brand. Each year, the top fighters
will be invited to the annual B2 Fighting Series National
Championship live event.
B2Digital has developed and deployed the systems and
technologies for the operation of the B2 Fighting Series, “B2FS”.
This includes social media marketing, event management, digital
ticketing sales, digital video distribution, digital marketing,
PPV, FTV (Free to View), merchandise sales, brand management and
financial control systems. B2Digital owns all rights for TV,
internet, social media, media, merchandising and trademarks, and
branding for the B2Digital
companies.
B2Digital: MMA’s Premier Development
League
www.b2digitalotc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains forward-looking
statements within the meaning of the securities laws. These
statements relate to future events and involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
forward-looking statements. You should not place undue reliance on
forward-looking statements since they involve known and unknown
risks, uncertainties and other factors which are, in some cases,
beyond our control and which could, and likely will, materially
affect actual results, levels of activity, performance or
achievements. Any forward-looking statement reflects our current
views with respect to future events and is subject to these and
other risks, uncertainties and assumptions relating to our
operations, results of operations, growth strategy and liquidity.
We assume no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future.
For more information, please
contact:
information@b2fs.com
Public
Relations:
Tiger Global Marketing & Branding
Agency
info@TigerGMP.com
www.TigerGMP.com
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