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Looked at Rhett's statement again:
"We are pushing to announce the details of both very soon." $BZWR
Using the phase "pushing to announce" could mean it could could be weeks.
One could interpret this that the Auditors haven't signed off yet, so who knows when.
Just have to wait and see.
There is something else:
Since they need capital. it indicates that the cash flow for the company is not enough for BZWR to operate, and that means sales aren't doing great.
It's possible (but very doubtfull) they want to buy a small company for cash. Don't think so though.
Y/E Financials should be out no later than next week---possibly this Friday (after market)
Good news, but lots of questions. I have a few comments about Rhett's post, too.
The good:
We are finalizing our next round of capital from investors at the same time.
Outstanding went down--- Guessing from the audit an error was found:
New
Outstanding Shares
506,961,773
01/16/2024
Previous
Approx. 513Million ( can be researched for the exact amount, but it was definitely 513 million).
Rhett Doolittle
@RhettDoo
We are wrapping up our 10K with our auditors and will publish it ASAP. We are finalizing our next round of capital from investors at the same time. We are pushing to announce the details of both very soon. $BZWR
11:56 AM · Jan 16, 2024
·
23
Views
HMMM. Dilution coming? (We are finalizing our next round of capital from investors at the same time).
Last year, BZWR reported 4thQ on 2/15 and 1stQ on 3/10. There is still time for them to improve on that. But, if November 30 (1stQ) was any good, my opinion is that something about it should have been mentioned by now. Something should be said about sales growth or decline since August when the fiscal year ended.
I bought at $0.0042 today, now costs $0.005, which is a wee uptrend and the first steps of the new year. Maybe we will learn something soon since the fiscal year and the first quarter have been over for awhile.
How did the first quarter (Nov. 30) do, BZWR? Please give us a highlight or two.
Accell was their auditor last year. It looks like they have other public companies that they serve.
This is from their website http://www.theaccellgroup.com/auditing.php and gives some idea of how waiting for responses from a whole lot of folks can hold things up:
You get the highest level of assurance because we go outside your company to obtain more information. Typically, we'll have written communication with:
Your customers, to check outstanding receivable balances,
Your banks, to confirm cash or debt balances and terms,
Your vendors, to verify outstanding payable balances, and
Your attorneys, for information on pending or threatened legal action.
We also perform physical inspections by observing your inventory counting methods and perform test counts. We document and test each operating cycle, including sales and cash receipts, expenses and cash disbursements, and payroll. Our audit papers include a detailed work program to document the examinations and testing performed, as well as the client's supporting work papers.
I don’t understand why it’s so hard to get “financials” out on time? It’s not a big company. If the accountant sucks why not just get a new one…or pull an all nighter yourself to get them done.
One thing positive is, there hasn't been any short activity since 12/4/2023:
http://shortvolumes.com/?t=bzwr
Sure hope the Y/E financials are not planned to be released after the market close today before a weekend.
If so, that would indicate they are not good numbers.
Good time to buy, though as I expected, the Annual Report is not yet issued. Maybe the price will dip for this and create a chance to get more shares very cheap. But anyone who follows BZWR knows this pattern and perhaps the slow audit is also an inexpensive audit.
Otcmarkets.com has their warning up: "Pink Limited Information. Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act. (Delinquent SEC Reporting Icon) Delinquent SEC Reporting."
I read somewhere about a year-end pump repeating, but that's garbage because BZWR doesn't even rise much if at all at year end.
I am hopeful that the share price will continue to rise since sales and earnings will potentially increase. The audit deadline is no news, in my opinion, except that the company is having an audit and continues to operate. That's really good!
whoa....101k shares traded....I feel like I own Apple.
It looks like free real-time Level II quotes are not available at https://www.otcmarkets.com/stock/BZWR/quote anymore. Where are they available now, to see what the MMs are doing (even if delayed)? I don't know another free source.
True. Your posts about BZWR are often a catalyst to my thinking. Sometimes they are even electrifying!
I was not replying to you this time.
I was not replying to you this time. But if I were, I would be in just about complete agreement. I think that there truly is some expectation of a report soon. I also agree with all of the rest of what you said. I would just add that if BZWR fails to report on time, it is not good management on their part, but I don't think it matters very much or will hurt the share price very much if they are several weeks late. Not good, but not terrible.
I was expecting the post.
Always right after mine.
LMAO. GUESS YOU DO NOT AGREE WITH MY POST ABOUT BZWR..
I see the Ask is rising pretty well. Perhaps the news will be good ultimately, but for now I would not be surprised if they go dark for several weeks. Year-end audits are often slow and expensive. Every year it seems that there are more hoops to jump through. Their auditor may be one with low, low prices since they shopped all the way to Tampa to get them (if I remember right). Their service is probably slow, slow. But that is okay since it doesn't seem to do much damage to go out of compliance for a while. But, who knows? Maybe they won't be tardy.
Meanwhile, the good news is that the company has indicated that they are indeed still in business and can afford to buy their annual audit. That may raise the share price by itself because it may herald good news down the road-- maybe soon.
Appears there is some expectations the financials will be released shorty on the due date of 12/14 or before, which could be later today or tomorrow.
Hopefully they will show improvement in the Balance Sheet and in Revenues and a lower loss.
If it does the stock price should start to move up in the coming weeks.
The first quarter is due in January and if they are much better than i can see 3-5 cents in 4-6 months possibly sooner, maybe.
Results will be the catalyst.
Enjoy your island vacation. Here's an update on the sp: Business Warrior Corp BZWR:OTC Pink - Current Information OTC
Quote Information Table
Last Price Today's Change Bid/Size Ask/Size Today's Volume
$0.0065 +0.0004 (6.56%) $0.0059/23,505 $0.0075/22,750 94,000 Above Avg.
As of 1:55 PM ET, 12/12/2023
The $0.0059 made for a good week, being some recovery from lows and higher bid/asks than usual. Diana is right of course that we can only guess at what might spike the price, but earnings will be needed to take it higher more permanently.
My cruise excursion on the party boat from Saint Kitts over to Nevis went well on Friday. Only about $50 per person for a fun four hours. Back to cold weather for me on Monday!
Not surprised!!!
I live in the real world.
Been trading for decades.
I just know better. Stock prices reflect the valuation of a company. Look up the book value of BZWR.
KEEP DREAMING, AND I WILL GO WITH RESULTS of the operations.
I agree with bob4all on this one...
I'm guessing jump in share price related (in some fashion) to recent CEO input (comments/pumping)
to say that "promotional statements" don't move the price of a (penny) stock
really subverts my belief in the accuracy of the biopic "Wolf of Wall Street".
Sometimes I get worried about your emotional state Diana15.
If you are stressed out I know someone who can help....seriously.
Again!!!!
Has nothing to do with Rhett's statements THAT'S THE TOPIC.!! The current price is a result of BZWR'S results!!!
There are 1000's of better stocks where money can be made, so i do not get the point.
Enjoy Antigua--LMAO.
Excellent! Maybe you will be right about 2 cents. Then my $6k will become $20k for a very nice return. I’ll take that!
?????? Fractions of a penny movement in a public company is meaningless.
Has nothing to do with Rhett's statements which is the topic!! . The current price is a result of BZWR'S results!!!
This is a sub penny stock to move up and down in fractions..
Just normal for a sub penny stock.
REAL WORLD.
I invest in stocks to make money and i do not have allegiance or defend a CEO that has shown very bad judgment.
BZWR will never be a powerhouse. The price may rise to 1 or 2 cents granted, but so what.
Money will be made if someone buys them.
What do you mean? My $3k is now worth $6k. That's double. Granted, it may not stay that way very long, but no stock is guaranteed.
But as for the reason price rose, CEO comments is something positive if true. It doesn’t take much to move the price. But, you know, a million shares moved recently and the price barely budged. Then, this week, it doubles on low volume. Supply and demand, my friend. Can’t be predicted. Someone may not like a post here and decide to dump shares. Who can foresee that?
Share price has doubled recently on CEO’s comments.
BZWR may be getting ready to rise if they can put together some profitable quarters.
Share price has doubled recently on CEO’s comments. BZWR continues to operate and grow according to their planned targets. But will the software become a big hit before everyone else produces something similar? When I get back from Antigua, I hope to learn more about this. BZWR may be getting ready to rise if they can put together some profitable quarters.
Classic RHETT. Promoting again ( see below).
Always states positive things, but so far hasn't produced any numbers to back this up.
Statements are now due on 12/14/2023.
Rhett Doolittle
@RhettDoo
Since a bad acquisition last year, we have been rebuilding & getting stronger than ever. Sales & marketing have been consistently hitting their numbers. New clients are going live on PayPlan & now our existing clients have seen PayPlan & excited to port over to it as well. $BZWR
11:04 AM · Dec 6, 2023
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Form NT 10-K Business Warrior Corp For: Aug 31
4:47 PM ET, 11/29/2023 - US Securities and Exchange Commission
http://archive.fast-edgar.com/20231129/AQZWCG2CZ22FHZQZ2K2Q2ZZ2HD7QZZ28Z252
Filed on: November 29, 2023
What else is new. Classic more promoting, but cannot file statements on time.
Rhett Doolittle
@RhettDoo
"We're filing an extension to our financials. Our focus remains on growing sales & expenses. This has enabled us to successfully attract capital from current & new investors. These funds strengthen our Balance Sheet, expand marketing & sales, and get us to profitability. $BZWR"
Believe what you want.
I live in the real world.
Those are general statements by Rhett. As an example:
HIS QUOTE:
"Revenue: Growing & getting closer to our goal of profitability"
If revenue goes up by a $1, it can be said revenues are growing. That goes the same for getting closer for profitability. If the loss is lower by a $1 they are getting closer to profitability.
No Rhett has lost his credibility, investors do not believe him as shown in the the trading price which is less than 3 tenths of a penny and a $1.4 million market cap for a reason--CANNOT BE IGNORED.
Really am not interested whether someone is buying or not.
Diana - I was well aware that you had already posted the CEO's comments. Apparently you do not take him at his word. I find him to be a man of integrity and good character and trust his statements. That's my DD and why I am still buying at this price.
Do your DD!
I posted that on 11/10/2023. I know all about that.
Meaningless until we see the numbers. Rhett has been saying how great they are doing for years. The stock is selling for less than 3 tenths of a penny. Investors aren't impressed with Rhett's statements anymore.
Published financial results only matter.
Have to wait to to the first quarter ending 11/30/2023 which is due in Jan. 2024.
Here's the results:
On the business front…
✅ Marketing - ROAS is profitable & scalable
✅ Sales - Solid closing ratios & offers are working
✅ Product: Feedback from clients tells us we built the right product at the right time
✅ Revenue: Growing & getting closer to our goal of profitability
Doesn't mean anything.
Only results will move the price.
BZWR has been promoting for years.
Lots of promotional information posted by Business Warrior on Twitter in November highlighting PayPlan features.
PayPlan features
Statement filling requirement is due in 2 days, 11/29.
Activity and price surely doesn't indicate investors are expecting anything good,
The numbers are as of 8/31/2023, but the narrative coming the day of the filing is more important , if there is any!
November 29th is..the 90th day following August 31. Will the audited annual 10-K report be on time?
Big buy side this afternoon. But a million shares is only about $3k. I'm a little surprised that the price held flat for that many shares. Shows weakness that the seller was quite content with $0.0031. But of course weakness is nothing new here.
Level II indicates you might have to get to $0.0157 to satisfy a million-share order. But somehow, a million shares are available hiding under much lower best asks.
How is the audit going, Rhett? On time? I'd like to see them meet the November 30 deadline this year. "Subsequent events" may also reveal something new as well.
Trading may pick up soon as the annual report deadline draws nearer.
The CEO's Rhett Twiiter account just posted:
Rhett Doolittle
@RhettDoo
·
4m
Every business faces crazy obstacles & the bigger the goals the bigger the challenges that come along the way. I have faced monumental personal & professional challenges the last year but it feels amazing to be overcoming them & coming out stronger than ever. $BZWR
Rhett Doolittle
@RhettDoo
The biggest one was personal in making a baby with my wife. We have a baby boy due at the end of January!
On the business front…
✅ Marketing - ROAS is profitable & scalable
✅ Sales - Solid closing ratios & offers are working
✅ Product: Feedback from clients tells us we built the right product at the right time
✅ Revenue: Growing & getting closer to our goal of profitability
watched wolf of wall street again last nite on netflix. had to laugh when he (leonardo/jordan) said "smart people don't buy penny stocks." ... I guess i'm not smart. :) prove me/them wrong Rhett and team! btw imo LC should have won an academy award for that performance (instead of for the revenant)
Annual report is next, due end of November. But BZWR has already announced the highlights of their August 31 year end. The first quarter will end on November 30 with a report due in mid-January.
whats the next thing coming around the bend...ive lost track....quarterly financials?
Best volume in a month already today.
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