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Letter of Intent

Cable TV License Agreement

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This Cable TV License Agreement involves

B2Digital, Incorporated

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Title: Letter of Intent
Date: 11/30/2006
Industry: COMEQP     Sector: TECHNO

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EXHIBIT 99.1

B2Digital, Incorporated Enters Into a Letter of Intent to Purchase Assets of a Cable Operation in Arizona

 

Assets Include 2,000 Plus Customers

 

 

PHOENIX, Sept. 10, 2006 (PRIMEZONE) -- B2Digital, Incorporated (OTCBB:BTOD) is a provider of in-room, on-demand video entertainment and satellite services to the domestic lodging industry. The company also provides for in-room viewing of select cable channels and other interactive and information services, including high-speed Internet access. The company primarily has provided its services under long-term contracts to hotels, hotel management companies and individually-owned and franchised hotel properties.

 

 

Under the Board of Directors' direction, the company has chosen to move into the cable television market with the signing of a letter of intent to purchase over 2,000 cable television subscribers in Arizona, allowing the company to take its first step into expansion into an additional market. This letter of intent is non-binding and subject to the negotiation and execution of a material definitive agreement contemplating, among other things, payment for the assets by a combination of cash and common stock, and assumption of the liabilities and debts of the operation. Under the new concept, subscribers will be able to view total DVD quality video services along with the HD services that are available. It is B2Digital's intent to convert the standard cable television network into a streaming network television system. B2Digital also intends to add Internet services for the current subscribers by use of the current cable system. B2Digital will expand the Internet service in the nea

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