B2Digital Signs Agreement to Acquire Two Premier Fitness Facilities to Expand Official B2 Training Facilities Network
September 17 2020 - 8:00AM
InvestorsHub NewsWire
September 17, 2020 -- InvestorsHub NewsWire --
B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG),
the premier development league for mixed martial arts (“MMA”), is
excited to announce that the Company has signed an agreement to
acquire two additional premier fitness facilities in Merrillville
and Valparaiso, Indiana.
“We are looking forward to expanding our B2 Training
Facilities Network to these two new locations,” noted Greg P. Bell,
Chairman & CEO of B2Digital. “They will allow us to capitalize
on our existing relationships with the local MMA gyms and
effectively double our paying customer base overnight for our ONE
More Gym business. These two new fitness facilities fit perfectly
within our strategic roadmap to continue expanding our capability
to develop future MMA stars. We plan on duplicating our existing
ONE More Gym business model – that we perfected in our first
location – into these two new facilities. We plan on adding
Jiu-Jitsu, Boxing, and MMA training areas to the already operating
facilities, and include space for the existing MMA gyms in the
region where we already have strong
relationships.”
B2
will acquire all assets of the two operating facilities under an
Asset Purchase Agreement, including all current equipment, customer
contracts, and facility leases for the properties. The transaction
has already been approved by the B2Digital Board of Directors and
is expected to close in the first week of October, allowing
B2Digital to begin earning revenues from related operations
beginning in October.
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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