B2Digital Reports 126% Q/Q Topline Growth, Projects Current Quarter Acceleration, Major Expansion in Fitness Facility Strategy

Tampa, FL – ( NewMediaWire ) – December 03, 2020 – B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to update shareholders on the Company’s outlook and the accelerating organic and strategic growth underway in its Gym segment, as well as its performance related to this strategy during the three months ended September 30, 2020, and its expectations for related performance during the current quarter ending December 31, 2020, and beyond.

Note that projections and guidance outlined below assume an absence of further regulatory lockdowns related to Covid-19 as well as the widespread distribution of a safe and effective vaccine during 2021.

“Based on the strategy we have in place – and the assumption that we don’t see major new pandemic-related shutdowns that impact the business – we are targeting $4-5 million on the topline over the rolling forward next twelve months,” commented Greg P. Bell, CEO of B2Digital. “This is based on the growth we are seeing now and the continued successful implementation of the company’s roll-up strategy in our Fitness Facility segment, which is the real breadwinner in our broad vision. We are already on pace to more than double the topline on a sequential quarterly basis into year-end.”

During the three months ended September 30, 2020, B2Digital saw a 76% jump in Gym revenues on a sequential quarterly basis. In addition, the Company increased overall revenues across segments totaling topline growth on a sequential quarterly basis during the quarter of 126%. Management also notes that, based on performance thus far and an assumption of no new pandemic-related shutdowns relevant to its current fitness facility operations, it projects a pace to achieve double the top line revenue in Q3 compared to Q2 of this year for the three months ending December 31, 2020.

In addition, the Company plans to continue its roll-up strategy in the fitness facility market over the coming twelve months. The Company’s objective is to acquire one to two new gym facilities every quarter with our goal to increase these acquisitions as the spread of Covid-19 decreases nationally. Thus far, each acquisition the Company makes in the fitness facility space is believed to represent at least $400K per year in rolling forward next twelve-month revenues based on past historical performance.

At this pace, given current metrics and assumptions, including no major return of mandated pandemic-related shutdowns relevant to its current fitness facilities, the Fitness Facility segment could achieve just shy of $4 million in revenues over the rolling forward next twelve months if the company’s acquisition objectives are executed as planned. Paired with a conservative assumption of $75K – $100K in monthly revenues from its live MMA events, encompassing 3 planned fights a month at current revenue achievement rates per fight, the Company believes it has the potential to achieve total revenues of at least $4 to $5 million over the rolling forward twelve months.

“Each acquisition we make in the Fitness Facility space is

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Yarrow YMCA Opens 9,000 Square Foot Outdoor Fitness Facility

This post was contributed by a community member. The views expressed here are the author’s own.

The Yarrow Family YMCA in Westlake Village has opened a nearly 9,000 square foot covered outdoor fitness facility in its back parking lot (31105 East Thousand Oaks Blvd.). The facility opened November 2.

The exercise area contains cardio equipment and weights to provide members an opportunity to workout in a COVID-compliant setting until Los Angeles County officially enters the red tier level and gyms can reopen indoors.

In August, the Yarrow YMCA began offering outdoor group exercise classes. “The classes were well received. We know that the community wants something more, particularly access to cardio and weight-lifting equipment,” says Ronnie Stone, President/CEO of the Southeast Ventura County YMCA. “Since indoor workouts are still uncertain, we made the decision to move the equipment outdoors so we could comply with all health and safety guidelines.”

To allow for cleaning and disinfecting, hours are 6:00 a.m. to 11:00 a.m. and 2:00 p.m. to 5:00 p.m. Mondays through Fridays and 7:00 a.m. to noon on Saturdays. Reservations are required. For more information or to a make reservation, call 818-707-9622.

The Simi Valley Family YMCA was cleared to open its indoor fitness center in early October. The pool and locker rooms remain closed until Ventura County moves to the orange tier.

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Santa Cruz County reports 16th death in Watsonville skilled nursing facility coronavirus outbreak

WATSONVILLE — The County of Santa Cruz Health Services Agency reported Friday that a 16th person has died in relation to the Watsonville Post Acute Center COVID-19 outbreak that started in September.

A man in his 90s that had several underlying health conditions in addition to a positive case of COVID-19 died at a local hospital Oct. 20, according to county spokesman Jason Hoppin.

The county has to wait for each death certificate and note whether the virus was a component before adding it to the dashboard, which is why the news came 10 days after the death.

Hoppin said Santa Cruz County Health Officer Dr. Gail Newel alluded to the state of the outbreak during her press conference announcing the possibility of the county moving to the orange tier of the state coronavirus measurement model Tuesday. At that time, there were still people in the hospital but no new infections had been reported in over a week.

“But we are not out of the woods, she said,” Hoppin recounted Newel’s remarks on Friday afternoon.

Hoppin was unsure upon query whether there were still active cases at the Watsonville skilled nursing facility, but he said that 50 total residents and 21 total staff members had been infected since the first cases were reported Sept. 18.

“It’s a very unfortunate tragedy,” Hoppin said.

As of deadline, Santa Cruz County health officials reported 2,884 cases of COVID-19, with 226 of those cases being active. Nearly 190 of the cases were severe enough to require hospitalization. Nearly 60,000 tests conducted in county labs have come back negative. Person-to-person contact through shared households remains the most likely source of exposure to COVID-19 in the county.

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Outbreak At NH Long-Term Care Facility Ends; Another Death: Data

CONCORD, NH — State health officials announced Thursday that a coronavirus outbreak at a long-term case facility in Windham had officially ended.

The Warde Health Center Windham was moved out of outbreak status after the discovery of three residents and two staffers who had contracted COVID-19. There are three institutional associated outbreaks that are still active in New Hampshire: The Bedford Hills Center, where 15 have died as well as 61 residents and 24 staffers were infected, the Pine Rock Manor in Warner where two people have died, 44 residents, and nine staffers have contracted the virus, and St. Teresa Rehabilitation and Nursing Center Manchester, where 19 residents and five staffers caught the virus.

Officials also reported the 470th fatality due to or because of complications from COVID-19 in the Granite State — a man from who was 80 years of age or older and lived in a long-term care setting in Hillsborough County.

“We offer our sympathies to the family and friends,” the State Joint Information Center said. “In New Hampshire since the start of the pandemic, there have been a total of 9,994 cases of COVID-19 diagnosed with 765 (8 percent) of those having been hospitalized.”

Another 82 new positive test results were found by the state after collecting nearly 9,000 polymerase chain reaction specimens Wednesday with Thursday’s numbers upgraded slightly. A little more than 400 tests are pending for a daily positivity rate of 0.8 percent.

Of the new cases, 12 were children and 56 percent were female. The state is still investigating three of the new cases with 12 cases in total still being eyed by state officials. The new cases reside in Rockingham County, 28, with 14 who live in Hillsborough County outside of Manchester and Nashua, seven in Merrimack County, and eight in Nashua. Manchester currently has the most active cases in the state — 98, followed by Nashua (64), Bedford (55), Concord (43), and Warner (42). Portsmouth has 24, Salem has 21, Londonderry has 19, and Merrimack has 18 active cases. Windham has nine cases, Exeter and Hampton have eight, Milford has seven, North Hampton has five, and Amherst has between one and four cases.

In New Hampshire, 323,173 people have been tested via 561,032 PCR tests. Approximately 4,200 people are under public health monitoring.

Several K-12 schools have reported new COVID-19 cases. St. Paul’s School in Concord reported a second active new case; the Matthew Thornton Elementary School in Londonderry reported its second active case; and the Boscawen Elementary School and the Conway Elementary School reported their first cases Thursday. There are 65 positive test results connected to schools and school activities.

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Stop The Spread Of COVID-19

The COVID-19 virus is spread through respiratory droplets, usually through coughing and sneezing, and exposure to others who are sick or might be showing symptoms.

Health officials emphasize residents should follow these recommendations:

  • Avoid any domestic and international travel, especially on public transportation such as buses, trains, and airplanes.

  • Practice social

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Are Nursing Homes Safe Now? Kansas Facility Sees All Residents Test Positive For COVID-19

A Kansas nursing home has seen all 62 of its residents test positive for COVID-19 along with an unspecified number of staff members.

The coronavirus outbreak at the Norton County, Kansas-based Andbe Home nursing home resulted in the death of 10 residents and one hospitalization, with the remaining patients being treated at the facility, the Norton County Health Department confirmed on Monday night.

The health department said in a statement that the residents were being quarantined in their rooms and were not being allowed outside visitors.

Kansas has reported an average of more than 700 new positive cases of the coronavirus and probable cases of the virus a day – the largest reporting since early March, CBS News reported.

With the risk of contracting the coronavirus higher in elderly adults, many nursing homes are seeing cases spike as the pandemic continues to wage on. At the height of the outbreak at the Life Care Center nursing home in Kirkland, Washington, was an epicenter for the virus, with nearly two-thirds of its residents testing positive for the virus, KIRO, a Fox affiliate out of Seattle reported. At least 37 people died at the nursing home from the outbreak.

Just this week, a Rensselaer County nursing home in Texas reported that 10 residents tested positive for the virus, with 14 staff members also confirmed to have COVID-19, the Houston Chronicle reported.

A study in the journal JAMA indicated that while the coronavirus has a fatality rate of 1% to 2% overall, but in older patients in China, it was as high as 8% to 15%. The rapid spread of the coronavirus can make elderly adults more susceptible to the virus, which can cause more severe complications, NPR reported.

The news outlet also said that because elderly people have a reduced immune response, they become more vulnerable to spreading viruses such as the coronavirus. This becomes further complicated at nursing homes that are short-staffed and have personal protective equipment shortages, AARP said.

The U.S. has reported over 8.2 million positive cases of the coronavirus, with over 220,000 COVID-19 deaths, according to data from John Hopkins University.

Health workers -- from cleaning crews to doctors, in hospitals and nursing homes -- have been hit hard by the pandemic Health workers — from cleaning crews to doctors, in hospitals and nursing homes — have been hit hard by the pandemic Photo: AFP / Dimitar DILKOFF

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