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If they dont file early next week, yes.
Found the right thing.
If an agreement becomes material over the passage of time, without any formal amendment, there is no agreement to trigger the Form 8-K reporting requirement, but once the agreement has become material, it should be filed with the next Form 10-Q or Form 10-K.
In the end, it seems there quite a few points that point out that BVTK does NOT need to file an 8-K. Starting from that they already got an 8K with DP and it's business as usual, to that they dont need to file one in an 8-K but in an Q report.
Respectfully I disagree. The SEC page is full of "lawyery" talk but this comes out (if I understand it correct)
Given the initial disclosure of the agreement and its material terms, delayed filing of the exhibit should have minimal effect on the utility of the Item 1.01 disclosure. Pursuant to amended Item 601 of Regulation S-K, a company will have to file such agreement as an exhibit to the company's next periodic report or registration statement.43 However, we encourage companies to file the exhibit with the Form 8-K when feasible, particularly when no confidential treatment is requested.
Again, it seems BVTK already made an initial 8K about DP. And if I understand it correctly, if there's any NDA on it, they do not need to disclose nothing but are still encouraged to do so by SEC.
Actually, I'm not sure they need to file an 8-K for it.
This is straight from SEC
ITEM 1.01 – ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
This item requires disclosure of certain material agreements not made in the ordinary course of business, or material amendments to those agreements. For example, if a company takes out a five-year loan with a bank or signs a long-term lease, and the loan or lease is material to the company, the agreement must be reported here.
Since they already filed an 8-K for the DP deal it would classify as an ordinary course of business?
There are tons of those coming, thats my issue.
Thinking more in the lines of 57..
By SEC: In 2016 - 61 companies uplisted from OTC to NASDAQ and NYSE. (No data on which tier from but Im guessing most from QB)
So its not THAT rare but still rare. Saw an article that till date in 2017 its 30 something..
Wonder how many people got GTC orders on 2s. This one went out within seconds LOL!
Man, you guys are funny. It gapped TWO days in a row, then fell back to the start and all this doom and gloom starts on this board.
Only problem is, DP and BVTK never mentioned Israel. They talked about India.
Someone really needs to call the TA and ask what's up with the AS/OS.
And this is one of the sole reasons why most OTC stocks don't move anywhere. (Dont get me wrong, most of those "most" should be shut down before they even trade)
Don't get me wrong, your idea is good and of course even better for making money. I don't blame you one bit. But then again no stock will move anywhere like this. I watched the chart from a month ago till yesterday and saw it raised almost 3x in that period. Guess a lot of people made a killing, now if it falls down again, rinse and repeat. Kind of an death spiral if you ask me. People don't let it run. I'm not saying it would but in this case, we will never find out.
Until an RS/ASR/etc comes along or actual revs show up on a Q report. Even on the last one it's not sure how long it can run because people would do the same again.
Again, I'm not blaming you nor anyone who makes money that way, it's an easy way to "get rich or die trying" but I will personally stick with my shares for now, or at least until we see the results for this Q. If there's nothing there still, guess I'm just dumb.
Your part of not falling in love with a stock is right and wrong at the same time. It all depends on a stock if you ask me. If and only IF there's enough signs to show to stick with one for long term (Yes yes I know OTC shouldn't be long etc) why not? I'm seeing two reasons here, but then again I'm new to this so maybe my guts is failing me on this.
Long story short, good luck to all be it profit takers or be it longs.
Only MMs. However, it was done during the day. OTC does NOT have after hours trading.
Oh wow. And another one calls me a pumper because I actually try to explain something...
Here. Have a read.
http://www.finra.org/sites/default/files/NoticeDocument/p123750.pdf
Which affects nothing...
I'll bring an example from another stock I own. It had an T-trade yesterday at .0054, opened at .0063
You need to understand, T-trades do not affect opening prices what so ever. They are already done trades within the hours.
No. It actually wont. Because that trade was done TODAY IN MARKET HOURS that an Market maker is reporting on Form T. Look it up.
Every god damn day one and the same thing.
And that has to do with my post exactly what?
What? Doesnt work that way. Some brokers actually do show T-trades and then the price moves accordingly for the night, it resets to real price after midnight.
It was already said that FB post came out BEFORE the 8-K came. So the 8-K is the only news for today.
OCD maybe lol.
Some of you act like MMs are some people who have done countless "DD" and trying to get "cheapies" in BVTK.
While the last part is somewhat true, MMs dont care what company they are dealing with. Its business as usual to them and with almost every OTC company. Well, if we nitpick, ALL OTC companies since a company NEEDS an MM.
Wait, thats new? Or what am I missing?
You didnt take advice from a well respected liehub member? Shame on you.
/s
I do know.
But its a secret and Ill tell you in a few hours!
I guess you also missed it in the last filing that there are no new conv. debts taken on?
Any proof of that what so ever? Oh, right. None.
Just marked 29'th of Sept in my phone as this imporant day!
Todays 8-K
Oh I agree fully. Now just waiting on that Q and what BVTK and DP are up to.
Actually, if they dont file the 10Q before Monday the Stop sign will be back up again. My guess however is that the 10Q will come Friday after market and we're done with that part. Because there's no sense BVTK to tell OTCmarkets to put the yield up and then go back to Stop.
How is it false? OTC clearly shows Limited not Stop.
BVTK Stop sign down! Now "Limited". Well, its a start!
https://www.otcmarkets.com/stock/BVTK/quote
You're off with roughly $38 million then.
Yeah, I was searching around for since when did Uber IPO and why did I miss it..
Never made a dime? What?
Closed of course. T-trades like always.
Location 4
https://twitter.com/williamhidalg10/status/913116431553892352
Location 5
https://twitter.com/williamhidalg10/status/913117067200598016
More on his twitter. People need to cool off a little.
Alright, I can sell you $52's.