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Was he referring to "paying the auditor"?
Just to put it in perspective,it is just about 6 months since the Year end statement date was ended and 3 months past the due date, and still no financials.
BZWR is not exactly an conglomerate. Statements should not be delayed that long for a company this size..
Waiting to see what reason Rhett will share with the stockholders as he said he would and indicated it would be today or tomorrow (Wednesday) which is early in the week is what he said last week.
Just have to wait and see if they are filed by Wednesday night.
got it. thanks
About 9 months ago, BZWR filed an S-1 for the purpose for up to 192,413,263 shares of our Common Stock, issueableto warrant holders upon the exercise of the Warrants.
Since nothing happened and BZWR didn't amended or withdraw the filing , the filing was declared it was out of date and must be either amended to comply with the applicable requirements of the Act and the rules and regulations.
.
Since nothing happened and BZWR didn't amended or withdraw the filing the SEC declared the filing closed.
So, BZWR would have to do a new filing if if they want to issue the 192 million shares for the conversion of warrants..
i tried to read about what that means but it sounds like a foreign language
Just a standard action---
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
February 14, 2024
_______________________________
In the Matter of
Business Warrior Corp.
455 E Pebble Road - #230912
Las Vegas, NV 89123
ORDER DECLARING REGISTRATION
STATEMENT ABANDONED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED
File No:
333-270900
_______________________________
Business Warrior Corp. filed with the Commission a registration statement to register
securities under Section 6(a) of the Securities Act of 1933. The registration statement has been
on file for more than nine months and has not yet become effective.
Business Warrior Corp. has failed to respond to notice under Rule 479 that the
registration statement would be declared abandoned unless it was timely amended or withdrawn;
In view of the foregoing, it is ORDERED that the registration statement be declared
abandoned on February 14, 2024.
For the Commission, by the Division of Corporation Finance, pursuant to delegated
authority.
Larry Spirgel
Office Chief
Financials earliest not before the 20th (19th is a holiday). Amazing. SMH.
Rhett Doolittle
@RhettDoo
We are still wrapping up our fiscal year financials & publishing them ASAP. We are down to one item to close out with the auditor, so will most likely publish them early next week. We will address the reasons for the delay & what we’re doing to remedy going forward. $BZWR
5:01 PM · Feb 13, 2024
·
Bad news: the share price was low. Good news: total dollar volume of the trade was only $5.55. It is hard to guess where the share price may go if there is news and millions of shares trade. Today's one trade is no clue at all about that!
I think this is last time I invest in this stuff. I’m going to stick with rental houses or take more vacations. This is annoying.
Correct, not BZWR PR man. Just hoping that they can turn the corner after a long struggle, and guessing that if they don't, it will be a Ch.7.
Who ever implied they are going belly up.
However ch11 this year cannot be ruled out.
There is no defense for BZWR. Rhett has said before that filings will be on time. All of his PR's are meaningless.
If they can not file on time for years, there is no confidence they can succeed with sales or growth--just the real world.
You almost sound like you are working for BZWR as a PR man-- I know your not though.
Like i said before, there is no acceptable excuse.
Believe what you want if it makes you feel better.
Correct, it is not OK. Of course, delinquent reporting is bad. It just doesn't mean that they are about to go belly up or that the share price should take another dive. They have done it this way before.
I'll grant you that as time goes on, the risk increases that their possible new investor deal collapses or sales stop growing. But we already know that August had some progress and that they are working on an audit. Plus, no word has gotten out that they are ceasing operations, or the share price would be $0.00001.
Come on.
So that makes it oK because last year they filed 2 1/2 months late, so it's OK if they do it again.
No not acceptable.
I am an Account and filed 34 annual statements for a company that has 20 billion in assets, and never filed late or filed for an extension.
"Filed 02/15/23 for the Period Ending 08/31/22" That was last year. If they repeat, we would see the report in nine days. No cause for alarm, yet.
yeah thats bad i didnt realize we were waiting on august still.
24 days after today, the 2nd Quarter 2/29/2024 ends. Also the 1st quarter for 11/30/2023 is delinquent.
And BZWR hasn't even filed the 8/31/2023 financials yet.
Really sad to say the least.
The early selling today got me the first half of what I wanted to buy, at below the $0.003 that I bid. But now the best ask has returned to $0.005. Maybe that's all I will get. I am not concerned that the reports are delayed. We've seen it before. I'm expecting nothing great in the Aug & Nov reports. but that some new investors are in play. Big question is will they stay on their growth trajectory as February closes. Hey, I'm bullish. Their software could be doing the job for their subscribers.
Had to cut my order in half, down to a couple of hundred dollars. Still no takers. BZWR is not very liquid. I had better not plan to sell a lot at one time in the future.
People are getting shares for $0.003 today. No fills for me for some reason. I'll await my turn.
Rhett's "soon" is longer than two weeks. Again! But, if his pattern repeats, we will see something "soon". Mid-February this time, maybe? Meanwhile, there is an imbalance of sellers shaping up. I am trying to pick up some at $0.003 while people are nervous about this.
come on rhett! we need some good news.
There is a reason why i posted this back in 11/28/2023 :
helix house website looks cool. I see the bzwr staff listed on its page(s).
Helix House website is back online. I hope that BZWR subsidiary is doing well.
I think it's just supply and demand.
The people willing to buy at $0.005 were just about equal to those willing to sell at $0.0035 over the last four days. The total dollar volume of the roughly 3 million shares traded then might be around $10k. If it were not balanced like that, I believe that the price would move. But as it is, buyers aren't bidding over $0.0035 and sellers want at least $0.005, for the most part.
If a buyer or seller wants to do something TODAY, and not wait around for a better price, they are stuck with the going rate. There are all kinds of reasons why people wish to get in or out TODAY and not wait. You get everything from those who take a stab for a few days and quit, to those who have long-term positions but might want to add a few or shed a few.
But I agree that expected news has increased trades. And anticipation of good vs. bad seems to be very balanced right now.
I guess I don't understand the nuances with this stuff. probably why I should stay out of it....
I get it the Rhetts tweet generated interest...but with as volatile as the price has been with (any) volume in the recent past...
how does it just float around this (.004) number with ~1.5 million shares traded in the last couple days?
I can't imaging that many people own tons of shares (cost basis) at this price and want to unload them...
meaning I would think it would be mostly buying?
It is not from Facebook, it is posted on his twitter account:
https://twitter.com/rhettdoo
you have to sign in to twitter if you have an account.If not set one up.
The same with his Facebook account, you have to sign in. Set up an account..
https://www.facebook.com/rhettdoolittle
I dont have a facebook account (*gasp*) but when i type in business warrior in google a facebook link
comes up that hasnt been updated since last
year and it says it is run by "detox kitchen"?
is that the real bz wr? they missing that? seems important.
It's in reaction to Rhetts tweet yesterday:
Rhett Doolittle 9:41 AM · Jan 26, 2024
@RhettDoo
We ramping things up and getting ready to post our fiscal year end financials. Lots of company updates coming soon and developing more content to be more transparent & consistent with our shareholders about everything going on at the company. $BZWR
Unfortunately most of the volume traded at the bid.
Just have to wait and see what is in the financials.
Yes. The most shares traded since mid-November.
am i mistaken or is that alot of shares that traded today (relatively speaking of course).
i have no idea what that means in terms of the future....but its nice to see some action.
Murphy's law.
As soon as i posted the bid was taken out and back to .0038. LOL.
Nice to see the bid go up to .005. Of course it can come right down.
The bid is the key, not the last,since the bid shows demand.
Only 37k bid for so nothing to get excited about.
This is beginning to make sense.
BZWR has previously revealed that year-end (August 31) made only a little progress. I suspect November 30 wasn't great, either. Hence, CEO Rhett Doolittle was very silent. That makes sense that he has been quiet.
The good news was that the company continued to operate and can afford another annual audit to be published soon. They were also in need of cash to operate, but may have found some via new investors. Dilution may wash out the existing shareholders, but it could instead be offset by future company growth. Buyers are risking that enough growth will come.
Now, CEO Rhett is signaling that there is something to say, and that even more will be forthcoming later. I doubt that he would behave this way if the news will be that the company will soon cease operations. My guess is that they have made some fundamental change or changes, and the second quarter (February 29) may show progress already. Not "Reality" yet. Reality is in the past and present, and there were a lot of problems. But we may be seeing a tipoff of a better future.
Rhett Doolittle 9:41 AM · Jan 26, 2024
@RhettDoo
We ramping things up and getting ready to post our fiscal year end financials. Lots of company updates coming soon and developing more content to be more transparent & consistent with our shareholders about everything going on at the company. $BZWR
"to be more transparent & consistent"
So, Rhett is aware that he hasn't been so transparent with stockholders.
Hope he keeps his word.
Hope it won't be after hours today.
$3,000 dollar-volume today is the biggest this month. 800k shares, but not much money. It took the share price down to the best-bid level, so would seem to be a seller. We will soon see if the best-ask will recover. It sure doesn't take much money to move the share price lately. Think what a good news surprise might do.
The creep I’m referring to is the “delarge” pumper (not Rhett)
Rhett may be “guilty” of being sanguine … but I’m pretty sure that is the requirement/expectation of a CEO…unless you are a Silicon Valley on the spectrum type CEO
im not sure what happened there with the whole restored thing. i must have hit a wrong button. sorry
I bought at like .15 cents when it seemed like the company was going to gain a foothold
...right before the creep started pumping. prob should of sold when said creep had it pumped up.
ive average down a little over time...still in double digits im guessing ... too painful to look. maybe .09
im not mad at rhett. hes a marketing guy seems thats what they do is smile and sell.
i bought. well played sir.
ill hang in here until the company does well or goes bankrupt. why not.
havent seen too many other even somewhat "legitimate" companies in this price range.
at least rhett and company have a real website and business plan. as ive mentioned before
usually we are getting felons and/or future felons (ceos) at this price range.
That's exactly how sub penny stocks survive.
I also own BZWR. however i sold 1/3 of my shares @.35 years ago and retain 2/3 of the original holdings with a cost basis of .01 there is no way i can lose since the proceeds of my 1/3 of my holdings created a Hugh gain and far exceeded my total cost of all the shares..
Even if BZWR goes to zero, i cannot lose on my original investment. That is why i still hold shares.
With that said, no one currently should invest any new money into BZWR until they show improvement.
It isn't so far fetched that BZWR could file Ch. 11 if things do not get better.
Even though Rhett said they have investors to raise capital doesn't matter since as of yet there are no details.
As far as the CEO's smile, that is what a BS person does. I personally do not trust anyone that smiles like that.
Rhett is a known under-performing who's claimed to have business & acquisitions and funding and audits and uplists and they have all failed.
He glorified his original product, and now doesn't mention it.
Long odds, of course. Something's up, though.
Some investor is coming in with new money. Foolish? Maybe. But BZWR seems to be making sales on licensing their product. Somebody new is believing it.
What's that restored/recycle symbol on your post? I haven't seen it before.
I'm here bob
unlike diana....I live in a fantasy world.
thats why i throw money into fairly high risk
penny stocks with the outside hope that they will
be the next netflix, nike, gamestop, or under armour.
as someone on another board said..."its better odds than the powerball"
i'd probably waste the money on something else anyway...like a big ole
pole barn that I would just fill with crap I don't have time to use anyway.
plus, i like rhetts smile.
Well said. I suppose I will wait around to see if there is anything good for BZWR in the year-end or first quarter. But you and I are the only ones left on this board for the last month, so I suppose the others have given up.
I live in the real world.
BZWR is a sub penny stock for a reason. It is a bad company and run by bad management.
Just because Rhett says the plan is working is another general statement.
Fact is sales are bad ,the balance is bad, they have debt with possibly more coming or more dilution.
Rhett has stated before everything is coming to together or similar statement i believe last year is meaningless. He is a cheerleader, that's what CFO's do.
Results is what matters.--- period, and they haven't been good even though according to RHETT everything is looking up.
Stocks do not sell at sub penny if investors see a very good future.
Last traded price .0045 down even with Rhett's cheer- leading.
Not one stockholder is making money in BZWR.
Just reality.
Share price up 30% from January lows and near its January highs. Good! But, true what you say that $0.005 is not impressive so a big-volume buyer is badly needed now.
BZWR's business model is..working and is..likely to succeed. That's what seems to be happening, as I recently posted. Worth repeating, though, since periods of no news raise the fear level. Rhett says he has some new capital coming in, so I presume he has convinced some investor(s) that the company will grow. The share price likes that lately, and for good reason if true.
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