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The last thing a crappy Grey Market stock should be doing is giving advice on trading;
https://biohempinternational.com/biohemp-1015/
Good luck
Tweet: $BKIT Provides Guidance on Placing Trading Orders
BioHemp $BKIT Provides Guidance on Placing Trading Orders in Open Market #CBDhttps://t.co/QSdFjJh3G5
— BioHemp International (BKIT) (@BiohempB) October 15, 2019
Epic fail...The price is even lower now lmfao
SEC will pick apart any 15C-211 they file with comments to show EVERYTHING not just "Forward Looking Statements". Very few companies "Pass" this type of 2nd review, maybe 1 out of 100 get relisted. check the history of delisted co. almost all die on the greys.
sweet crude, either nobody saw it or nobody believes it.
Good luck.
Email alert out! (read)
Dear Shareholders,
I just wanted to update you as things are beginning to move forward in our efforts to establish trading back 'current' with OTC Markets.
The Company has retained an additional law firm that specializes in FINRA and trading compliance, and this should be a big help in assisting us in filing a new 15c2-11 to regain normal trading status once again.
We have many announcements and plans we would love to release to out to the market, but until we regain normal trading status we feel best to hold off on these until a proper market can be established. Once this is achieved we expect to have a number of releases regarding plans to build distribution channels and develop a CBD and cannabis venture firm focused on this industry.
For now, trading can still be achieved by placing orders either by phone with your brokerage firm, or online with some platforms by setting limit order good to cancel. If any orders match buy or sell orders currently listed they will most likely result in an execution on level 2.
Of course our main aim is to regain current trading status, and with our new law firm in place we feel we could see results in this matter move ahead quickly in the coming few weeks, if not sooner.
CBD Business Plans
We have a number of venture projects in the works that we plan to announce once proper trading resumes. The recent downturn in CBD sector due to pending FDA regulatory changes offers us an opportunity to structure our business model to one of a service oriented, or venture investment firm within the CBD and cannabis industry, which we feel could remove any direct regulatory issues in regards to marketing and selling CBD infused products.
The Company plans to provide a more detailed overview plan on this in the near future.
New Team Members
During this time we will also be working to build up our team of advisers behind the company, which we intend to update in the coming weeks. You can visit our TEAM section of our website to get updates as new advisers are appointed. https://biohempinternational.com/team/
Recent Interview
You can also access a recent interview we conducted early in Sept. 2019 as we plan to hold more of these type interviews to help keep market informed. You can visit the interview by visiting https://wallstreetnewscast.com/investors/bkit/
Shareholder Communication
One of our biggest focuses, beside our trading compliance, is to establish a more transparent line of communication with our shareholders during these difficult times. No doubt the company has run into a major hurdle it did not foresee in the past couple months, but we feel these are the exact moments when a company should step out and communicate with its shareholders the best it can to keep them informed.
We will continue to work on providing weekly updates through our investor mailing list, social media platforms, and possibly interviews with some outlets to make sure we are keeping everyone updated on current developments, and where things stand as we move forward.
We know it has been trying times for our shareholders, as well as for the company, but rest assured we continue to work behind the scenes to address the issues needed to bring us back into good trading standards, and will work on keeping all of you updated as best we can as we move forward.
Daniel Blum,
CEO & President
BioHemp International (OTC:BKIT)
Twitter: Investors can follow us on our official Twitter account, which we plan to use to keep followers updates on non-material events regarding the company. Users can follow us at https://twitter.com/BiohempB
Mailing List: Investors can also join our investor mailing list to receive updates on news, and special announcements, and add their mailing list for future investor packets and brochures as we begin our marketing and advertisement campaigns. Users can join our mailing list by going to https://www.biohempinternational.com/investors/
Daniel Blum
President
BioHemp International Inc.
244 5th Avenue Suite A-154
New York, NY 10001
Office: +1 (646) 453-4912
Fishoff showed them how to get HALTED, Nice....
Epic fail pos scam
Anyone else get an email from company? (read)
Tweet out regarding trading!
https://twitter.com/BiohempB
Hemp banking bill passes House
https://hempindustrydaily.com/hemp-banking-protections-pass-us-house-as-part-of-landmark-cannabis-bill/
House lawmakers passed a historic cannabis banking bill Wednesday that also provides a safe harbor for financial institutions serving hemp and hemp-derived CBD businesses.
Proponents believed that such provisions were necessary despite the fact that hemp became legal nationwide with the enactment of the 2018 Farm Bill.
The hemp amendments in the SAFE Banking Act, which passed 321-103 and now heads to the Senate, instruct federal banking regulators to issue guidance to financial institutions confirming the legality of hemp and hemp-derived CBD products within 90 days of the enactment of the law.
The guidance would include recommended best practices for financial institutions to follow when providing services to hemp-related businesses.
Hemp farmers and businesses including processors and retailers have reported difficulties accessing traditional banking products and services.
Senate Banking Committee Chairman Michael Crapo, an Idaho Republican, recently said that he wants his committee to vote on cannabis banking reform before year-end, but he didn’t specifically mention hemp.
Last trade .15 now
Maybe set limit order @ .15 good till cancel, and remove all or none, and will be taken by someone who may want to bottom fish down here.
If they can get their trading back to current on OTC Markets those .15 shares could quickly be worth .30 to .40
selling 500 shares at .15 today.. wanna buy?
BKIT Tweet
Speaker McConnell Tells FDA To Clear A Path For #CBD #Hemp Products -- bullish for $BKIT outlookhttps://t.co/tcR0A4SrdB
— BioHemp International (BKIT) (@BiohempB) September 19, 2019
Tweet from BKIT
https://twitter.com/BiohempB
Mitch McConnell to force FDA to act on CBD
Senate Majority Leader Mitch McConnell (R-KY) is moving to insert language into a congressional spending report that calls on the Food and Drug Administration (FDA) to clear a path for the lawful marketing of hemp-derived CBD products.
FDA has said that allowing CBD to be sold as food items or dietary supplements would require it to develop alternative regulations that could take years to complete without congressional action. But McConnell, who was the chief proponent of a hemp legalization provision of the 2018 Farm Bill, isn’t interested in waiting around.
In draft language shared by the U.S. Hemp Roundtable on Tuesday, the senator is asking FDA to “issue a policy of enforcement discretion with regard to certain products containing CBD” within 120 days—a move that industry stakeholders say will clarify rules so that banks are more willing to service CBD companies.
https://www.marijuanamoment.net/mitch-mcconnell-tells-fda-to-clear-a-path-for-cbd-products-with-new-amendment/
....this is going to reignite CBD sector that had been crushed past few months on FDA crackdown on CBD....here comes an epic short squeeze!!!
BKIT
Shopify launches CBD platform in US
This could be big for US CBD market as other ecommerce platforms may follow their lead
Shopify, Already in Canadian Pot, Starts U.S. CBD Platform
By Kristine Owram
September 17, 2019, 7:00 AM EDT
https://www.bloomberg.com/news/articles/2019-09-17/shopify-already-in-canadian-pot-starts-u-s-cbd-platform
....just something to watch as could give dump to already over sold CBD sector
I have 500 shares i will sell to you at .15. interested?
New interview with CEO on their website
They are alive
https://biohempinternational.com/
BioHemp International, along with our legal counsel, have been busy working with proper agencies addressing any issues and submitting the necessary paperwork & documents to get the company’s securities back into current status, and moved offed the grey markets.
There is no denying this put a real delay on our plan to build a strong CBD distribution network, but for right now our main priority is to continue to establish BioHemp as the leading CBD distribution platform in the sector.
WSNC: I’m sure it’s hard to predict, but what is time frame you think before we see company back trading current with market?
Daniel Blum: Yes, going forward we want to be precise as possible in our projections. Having said that, dealing with the agencies takes time; our main priority is to re-establish confidence in the market. We are trying to negotiate both, so giving an exact time frame is challenging to provide, but rest assured the company, along with its legal counsel, are moving ahead as quick as we can to address these compliance issues.
good point. def stay safe everyone. bkit is up 20% today. also, TD ameritrade is letting me place orders today on think or swim. I think i might buy so more shares while it is so low. not sure yet though. could spike up who knows.... buckle up
just warning people to be careful out there. this bkit is far from a sure thing and could easily go belly up. stay safe.
You are so WRONG, actually what you are doing is soliciting orders which is an SEC violation.
Market makers are off of this stock. BILLIONS of orders will not make a MM on it, Only a definitive statement from an attorney ( subject to real jail time ) NEW !5-C211 will open trading.
cross orders inside brokerages that you see executed not open market.
This is SEC factual information
Have to place orders as GTC
Since BKIT on "grey sheet" any orders have to be set as Good to Cancel (GTC) to force a market maker in to make market.
What happens though is after order is executed, or cancelled, the market maker is forced to level 2 again until an other other is placed. This will be the case until company files paperwork to get back current with OTC Markets.
But this is how still you can place trades:
- Set order as GTC
- Set order at limit, obviously
- If cant place online may need to call in order by phone
You get a few people placing GTC orders that way and you would see BKIT trade more. Not sure what can buy under .10 buy for anyone willing to gamble getting filled at .10 range may well be worth a roll of dice
But anyways that is tip on how one can trade on grey sheets
BKIT resumed trading today. EOM
Did anybody hear the story from Ludlow about the big contract with Walmart? That was on June 28.
Should make good info for the SEC complaint.
There are no market makers this on the greys bro
Today's volume 420, lol
420 shares traded, lol....that some market maker making a joke statement?
Up 20% to .15
Still in a slight coma, but does have heart beat. If this disaster can end week at .20+ that would be insanely bullish since could have easily went to pennys
https://www.cnbc.com/quotes/?symbol=bkit
Now you know what's when a stocks gets suspended...Hardly no trading because the market markers are not available..Plenty to choose from on the breakout boards..Never put all your eggs in one basket when it comes to the otc lol..
No market markers this pos is toast
U got it bro !
In the last 10 years only a few have been able to uplist, almost all die.
It's cheaper and faster for a company to just sell it's assets into a new shell than to try to clear up the mess of a halt.
But since BKIT has no assets of record "it was and is a FISHOFF SCAM"
I doubt it ever uplists
I'm buying 2500 shares at 0.15 ! If you want to exit BKIT, it's now !
sweet crude, BKIT will never leave the Grey Market. EOM
Have to set orders GTC, and maybe Phone
To have a market maker represent an order if you may need to phone in the order to brokerage firm you use, and then set it at GTC as that will force market maker to represent order as unsolicited order.
- Set orders at GTC
- May need to call in order by Phone
Once new 15c-211 gets filed then market makers will come back in to trade normally. Maybe next 10Q will help a lot in that matter as should be due soon.
time to load up while it's low boys. i'm back in. great price to turn a quick profit. buy buy buy (this is not personal investment advice, just my opinion) lolz
davidsson10, BKIT trading resumed automatically after the suspension. EOM
Pretty interesting... the boys at Ludlow were my best friends calling me to buy, buy, buy. Pump, Pump, Pump.
because of questions regarding the accuracy of assertions by BioHemp and by others in press releases and/or cold calls to investors concerning, among other things, the anticipated value of BioHemp stock.
Neither the Company nor any of its officers, directors, advisors, consultants, or related parties have engaged in any of the activities described by the Commission.
BioHemp International, Inc. (OTC: BKIT) Acts in Response to SEC and OTC Trading Suspension
August 09, 2019 10:56 ET | Source: BioHemp International
NEW YORK, Aug. 09, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – As previously disclosed on July 26th, 2019, the Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities (the “Trading Suspension”) of BioHemp International (“BioHemp”) (OTC: BKIT) of New York, NY at 9:30 a.m. EDT on July 26, 2019, and terminating at 11:59 p.m. on August 8th, 2019. BKIT is currently communicating and fully cooperating with the Commission to seek the removal of the Trading Suspension and to permit a resumption of trading on the OTC Pink market.
The Commission temporarily suspended trading in the securities of BioHemp because of questions about the accuracy and adequacy of information publicly disseminated concerning BioHemp, including, among other things, potentially manipulative or deceptive activity relating to the Company. The Commission stated that it also appeared that there was a lack of current and accurate information concerning the securities of BioHemp because of questions regarding the accuracy of assertions by BioHemp and by others in press releases and/or cold calls to investors concerning, among other things, the anticipated value of BioHemp stock.
Neither the Company nor any of its officers, directors, advisors, consultants, or related parties have engaged in any of the activities described by the Commission. Additionally, the Company is working diligently with the appropriate regulatory bodies to address these issues. The Company continues to implement its business plan of creating a distribution platform for CBD providers. The Company will update the shareholder community about resolving any outstanding issues relating to this matter at the appropriate time, as well as the Company’s progress in achieving its business plan.
Need to PHONE in orders old school
Grey Sheet means they will have to file new 15c-211 to have market maers make market in stock again. In meantime, like other poster said, placing an order GTC is what will force a brokerage firm to rep the order on level 2.
So you may need to call in any orders by phone, and then place as GTC as that might actually show up on level 2 as bid or ask.
Just a tip, but they do need to get 211 filed right away for any real liquidity to return
If you can put in a good till cancel order to buy at .01 you will probably get filled eventually
Yep, on Grey Sheets
means they will have to file a new 15c-211 to get market makers to make a market again.
I think you can call in orders by phone manually as an unsolicited order. But until 15c-211 filed this wont have market makers to make market, not dead....but is in deep coma
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