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Check out FORZ that might help you.
But it went to EM and the filing changed it back to Pink next day but went back to EM again after a few days
Check the CEO’s X page and the filings dates( he is a serial liar though and a diluter) but you can compare with yours here
Sorry Diana15, the Board doesn't let me reply to two at once. I didn't mean to not give you credit for your input. Sometimes, when only two of us are active on this Board, I feel like I reply to you or follow you too often.
Anyway, I appreciate your experience and sharing of opinions and information. You were more accurate on your assessment of the 180 day rule than I was, when you came up with March 18. Apparently, OTC doesn't really mean 180 days. They mean 6 months. The two are slightly different.
That's what i thought.
That is why i said give it a day or two.
That was my point.
Based on the ones I have seen…being a SEC filer too.
You are very likely to get pink the next day but being due on your 10Q probably complicated it for you
Well let me ask you.
Have you ever seen kept in the expert market when they met the deadline for the 10k filing.
They had until 3/18/2024 and filed on 3/18/2024.
You can buy EM stocks in Canada.
I am restraining myself from buying more as it ties your money down if company isn’t forthcoming as planned.
I have played some successful ones though so won’t complain.
I have held some for over 8months and they have been stuck for over 2 years with promise to file…lol.
So you guys might be lucky but this might be on for another 2 years…based on my experience
I think you would have gotten a pink limited with 10K being accepted if they had filed a NT-10Q
You can always sell on EM…always test with buy orders
We will see if it resolves quickly. Meanwhile, the first quarter report being overdue doesn't help.
Well that confirms it.
Makes sense. i tested it with a sale order.
But still to take a day or two .
Everything is automated with computers. The date was 3/18/2024.
So possibly the OTC will change it sometime this week after they determine it meets the requirements filing date..
Didn’t want to argue with him or her. I am in Canada and have played loads of EM plays.
Happy to learn if I am wrong but when it changes to EM on OTCM…it’s usually so.
I can’t see level 2 on iHub on it either so it’s pretty clear.
I do agree with the assertion that they might look at filings today and then switch back to pink overnight
Buy order not accepted at Schwab.
It came back with, "Your order cannot be accepted. This security BZWR is accepting closing transactions only. (DO911)"
Interesting. Good to know.
Doesn't appear to be.
As i said SCHWAB accepted the order online which cannot be done if the stock is in the expert market, you have to call to put an order in.
Secondly, willing to bet the OTC updates BZWR to OTC other-- give it a day or two.
Because they filed yesterday doesn't mean the OTC looked at it.
The OTC will look at it today and someone has to approve it.
Because the system it had a date of 3/18/2024 it automatically shows the expert market.
I never assume anything unless it is verified.
Since SCHWAB accepted the order online, and has not indicated That BZWR is in the Expert Market , i wouldn't guarantee it..
To be certain i would have to call SCHWAB to confirm either way.
This what it says on SCHWAB:
BUSINESS WARRIOR COR BZWR: OTC Markets
Well. I have been playing EM stock for a while now, when it says EM…it’s EM.
Well that is probably linked to the OTC website, so it just reads what it says.
I put an order in Schwab online to test it. It accepted the order, so i will wait to see when the actual market opens.test
It was just a test so i deleted for now.
Today when the market opens we will know definitely.
It is bro:
🚨 $BZWR
💰0.0036
Expert Market, AS: 850M, OS: 506M, US: 222M
Tier Updated:
🔴 Pink Limited Information
🟢 Expert Market
Chart, OTC Profile, Twitter, @otcupdates
According to the OTC website, BZWR is now in the Expert Market.
Whether it is or not not i am not sure at this point.
https://www.otcmarkets.com/stock/BZWR/quote
It is possible the OTC website has not been updated to include the filing yesterday ( even though it shows it was filed) and will be revised soon to show compliance or there is another problem.
We will find out when the Market opens today.
Yes it is odd that Rhett never mentioned IPSI LOI.
The 3rd quarter report only said..this about Elev8:
"As of August 31, 2022, the Company entered into a note payable due to Elev8 Advisors for $75,000. This note bears interest of 17.97% and matures in
February 2024. The Company made payments of $43,059 to bring the note payable balance to $31,941 as of May 31, 2023."
I never saw anything about a dispute.
It looks like the 4th quarter is silent about IPSI, unless I missed it. Evidently, whatever has happened is not reportable as a subsequent event.
Gee, Rhett never mentioned this as far as i know.
May be somewhere, but i never saw it. Was it?
Adam Spencer, ELEV8 Advisors Group LLC, EVRGRN Industries LLC v Business Warrior Corporation, Case No. CV2024-001136, Superior Court of Arizona, Maricopa County, Arizona
On January 26, 2024, Business Warrior Corporation was named in a lawsuit filed by Adam Spencer, ELEV8 Advisors Group LLC, EVRGRN Industries LLC, and derivatively on behalf of Business Warrior, alleging various causes of action related to the Company’s prior disclosed agreements with EVRGRN and ELEV8. The resolution of this dispute may influence the contingent liability recorded with EVRGRN. The Company believes that the lawsuit is without merit and is vigorously defending it. The Company is also contemplating filing a counterclaim in this matter.
Ripley's believe it or not:
They filed.
https://www.otcmarkets.com/filing/html?id=17376571&guid=eCd-kWpmiB_WJth
Actually the have until 10:00pm to file: or is it 5:30pm might be ??? see belows paragraph.
The hours in which the SEC accepts filings in NEW YORK
6 AM- 10 PM
https://www.newsfilecorp.com/filing/edgar/hours_deadlines.php
"The acceptance date is not the same as the official filing date. If a filing is submitted after 5:30 PM or 10:00 PM EST, for non ownership reports and ownership reports respectively, it will not be deemed filed with the SEC until the following business day (except for the "T+3" filings, made pursuant to Rule 462(b), which will receive the date of the actual filing). If you have any questions about your filing's acceptance date, consult the electronic acceptance" message which we forward to you after submitting your filing; these messages state the official filing date.
BZWR has until Mon. the 18th 5:00pm to file.
As of now, it appears they won't.
Just have to wait and see, they may or may not.
Funny, shareholders are not alone being in the dark as to the financial situation of the company.
Looked at the review from an employee of BZWR.
He/she is also in the dark of the financial situation. From Glassdoor website
5.0
Jan 4, 2024
Amazing team with outstanding management
Marketing Coordinator
Current Employee, more than 1 year
Phoenix, AZ
Recommend
CEO Approval
Business Outlook
Pros
Transparency, good team, fantastic work culture
Cons
Work life balance, unknown financial situation
Probably have to open an account to see the reviews-- link below.
https://www.glassdoor.com/Reviews/Business-Warrior-Reviews-E6748776.htm
Maybe the share price is rather steady due to the 2/26/24 8-K setting a share price for purposes of conversion: "The principal and accrued interest under BZWR Note is convertible into common stock of BZWR at a price equal to $0.0036 per share, subject to certain adjustments and potential resets."
If this merger with IPSI succeeds, there seems to me to be little reason to continue reporting BZWR financials publicly. The Investor Relations department may still be pushing their usual cut-and-paste response on transparency and timeliness of reports, but they may not have the memo yet that the company is about to be swallowed up by IPSI.
There is disagreement on this Board about when the grace period will run out. If the formula is 180 days plus 15 days grace, the 180 days after 8/31/23 ran out on 2/27/24. Fifteen days after that is today. So, if there is no extra grace time or rule adjustment of some kind, we may not see BZWR stock quotes tomorrow.
They have until :
Grace Period Grace Period
Yes, Last Day of Grace Period: 03/18/2024
https://www.otcmarkets.com/stock/BZWR/quote
Posted previously:see Post # 5,208
Well I'm continuing to add at these levels.
They should meet the deadline to file the 10-K. Per my calcs, we have till today but OTC Markets seems a bit finicky and may give more grace if working with the company behind the scenes.
"If reporting under Section 13 or 15(d), the company has filings publicly available within 180 days from applicable reporting period end" (15c2-11 Tier Chart.pdf)
08/31/2023 (last filing end period) + 180 days + 15 day grace = March 13 (today)
Worse comes to worse we go into Expert market but we can come right back out of it once compliant, its not the end of the world, BUT there could be something needed with regards to getting a market maker to be fully quoted, but the stock will be tradable with quoting with Fidelity that I am sure of. But this should be avoided at all costs and I have a feeling that OTC Markets does communicate this to the company as a heads up
Anyway I continue to feel that combining with IPSI is a good move for both companies.
Odd that almost no one wants to add or shed shares now that something big must happen soon. One or more of these events must happen:
The annual report must come out or BZWR will be demoted to the expert market.
Maybe they are even running out of time for the 1st quarter report.
The IPSI merger will be accepted or not.
Their assertion that "...we are dedicated to ensuring that our 10-K is submitted within a timetable that does not compromise our reporting status." will soon be proved to be a lie or not.
Any of these changes should affect trading, but no reaction has occurred. I am surprised that some are not getting out while they can still get $0.003.
Somewhere in their “transparency” they have deemed not to acknowledge that the LOI exists. I can see right through them…
Oh well, at least “expert” is better than “grey”, if they fail once again to meet their deadline.
Received an answer from Investor relations just now from my email yesterday asking if they will file to avoid the expert market. However the answer didn't say yes or no but the same general info that we knew. So, i still do not know if they will. I underlined a statement in the 4th and 5th paragraphs which does confuse me a bit because they are acting as though a LOI doesn't exist or maybe they have no interest.Can't quite tell.
.Investor Relations
10:45?AM (4 minutes ago)
to me
We want to thank you for your inquiry and for your continued communication with us. We understand the importance of transparent communication, especially concerning our financial performance and reporting timelines.
We are currently in the final stages of our annual audit, a process we approach with the utmost diligence and responsibility. Over the past few months, our team, in collaboration with our auditors, has been thoroughly reviewing all aspects of our financials. During this process, we encountered certain items requiring additional attention, particularly related to the segmented business requirements of our subsidiaries. These complexities have led to unforeseen delays in finalizing our 10-K report.
Please be assured that addressing these challenges has been our top priority. We have been working closely with our auditors on a daily basis to resolve these issues promptly and accurately. Our commitment to transparency and accuracy in our financial reporting is unwavering, and we are dedicated to ensuring that our 10-K is submitted within a timetable that does not compromise our reporting status.
We understand the importance of timely and accurate financial reporting to our investors and are fully committed to completing this process as swiftly as possible. Our goal is not only to meet the regulatory deadlines but to provide you, our valued investors, with the clarity and insight needed to assess our financial health and strategic direction confidently. Additionally, we are working on an online webpage to provide more frequent company updates as well. More information on this page will come in the near future.
Thank you for your patience and understanding during this time. We are confident that the additional efforts we are making now will strengthen our financial reporting and provide a solid foundation for our future growth. Should you have any further questions or need more detailed information, please do not hesitate to reply.
The Business Warrior Team
I guess if we go by the estimated last quarter announced in the August press release, we're looking at 1.06 mill for the quarter and 4.3 mill for the year. so there is growth. My hope is that having IPSI come in with their lending contacts, they'll be able to ramp that up significantly in a shorter period of time than what Rhett talked about as 12 - 18 months in the September conference call.
Looks like endgame for BZWR.
I’ll say it again:
youre going to be fine theyve partnered with the right company Hang tight !!!!
Id be surprised if we didnt get 10-K this week
yeah, weird, not sure what the pathology is here? .....narcissism/ignorance/inexperience/fear?
regardless....I continue to be disappointed ...as you know...in my investment choice.
arghh...thought I was gonna look smart on this one.
Is he kidding!
Just posted on Twitter.
More promotion, but not a word about the financials, proposed merger,possible move to the expert market. Amazing.
Last Day of Grace Period: 03/18/2024
Rhett Doolittle
@RhettDoo
At #fintechmeetup for day 2 today. Exciting to see the amount of new fintech companies & the advances in tech for payments, loans, underwriting and banking. The one thing I can say is we have the right product at the right time at @BizWarriorLIFE
with #PayPlan $BZWR
11:38 AM · Mar 5, 2024
·
For future reference...what insight/clues did you have at the time that it was a "scam"?
Just that the CEO was "pumping"?
I warned everyone back about BZWR when this was .30 it was being promoted and the lol secret sauce didnt work that the CEO was trying to spread to all the people that would listen. Its sad to see the way CEO's get away with the funds and the shareholder lose their money. ITS A SCAM. Funny to see who was promoting this pos of crap back in the day.
It's not you, it is the CEO Rhett.
He is silent on the delinquent financials,silent on the proposed merger,silent on updates with the company and now silent on possibly going to the expert market.
He had a lot to say a few years ago when they were doing good.
As the CEO he should put out some kind of a statement. I would if i was the CEO.
.
It comes down to how many IPSI shares will we get for each thousand BZWR shares. Today, if we get 14, we are about even. (1000x.003=$3, 14x$0.214=$3)
25 shares would put us back around $0.005. 50 shares and we would break one penny.
Would creditors or preferred shareholders stand for less than 14 IPSI shares for 1,000 BZWR shares? I guess we will find out.
I don't think it matters if BZWR goes gray, or what BZWR was doing back in August or November, at this point. It may all come down to whether this merger succeeds for us to have any stock to trade.
ugh...i'm sorry guys...I'm the death knell for any company if I invest.
UH OH - 15 days to file or will go to the expert market.
BZWR has entered the Grace period.
https://www.otcmarkets.com/stock/BZWR/disclosure
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
This deal may make creditor Keystone better off, and they appear to be on board instead of foreclosing or filing lawsuits:
Do you understand this:
I don't care at all.Just nonsense to pursue.
Also, i am not a big penny investor.
I have a few, but most of my investments are in BONDS with less amounts in quality NYSE and quality Nasdaq stocks.
End of my response on this topic. Not going to respond again.
I re-read what you said multiple times and couldnt figure out what you meant. I think he'll stick around, why not, he could have control over his piece of the pie.
The point is Rhett would not be charge.
Don't think he would go for that.
Run it as a parent?
Don't know what you mean . All shareholders will be holding IPSI shares!
IPSI is the company not BZWR and Rhett eventually will be booted or resign.
to your statement "he would be running it as the parent company and not a subsidiary." - you mean as the overall top dog of IPSI, no chance in the world that is happening. Running the subsidiary or however we want to call it, sure why not, sounds like he's passionate and knows what he's doing, just needs a nudge to get over the hump. IPSI and lenders are that nudge.
OKAAAAY.
Everyone is an expert.
Clearly the investment community and people that move the price have shown no interest in either company.
Just a fact. IPSI is a bad company . Balance Sheet is atrocious.
But i guess you know better.
Do what you want, i do not care.
I made a lot of money in BZWR years back when i sold @.35. The shares i have now are what is left of that lot i didn't sell.
I have no plans to invest in BZWR with new money.
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