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Looks like it's on the list. PG67
https://www.omri.org/sites/default/files/opl_pdf/CropByCategory-NOP.pdf
Hydrogen Peroxide For use as disinfectant or sanitizer, including irrigation system cleaner.
HP 50 Hydrogen Peroxide (CYC Solutions Co.) cys-10553
Oxy Blast 50 (Essential Water Solutions) esw-11608
SaniDate WTO (BioSafe Systems) bss-12913
How can that be when the USDA is the one that gave it the blessing? RBII is under scrutiny for making false claims that products were EPA and CDC approved...so the bigger issue here would be if they falsely claim USDA greenlit this product.
How can that be when the USDA is the one that gave it the blessing? RBII is under scrutiny for making false claims that products were EPA and CDC approved...so the bigger issue here would be if they falsely claim USDA greenlit this product.
Honestly, you could say the same about a bowl of cereal. Who knows...If we can't trust the FDA, the EPA, or the USDA, then we're all screwed anyway. Might as well have caviar and champagne on the way out.
This says it all. It's written in a plain language way where it CAN NOT be misinterpreted by anyone and with confidence in being correct info - unlike the chit they did before!
"The company is very proud that the bactericide disinfectant product is also listed with the "Organic Materials Review Institute", added Hall. OMRI is a private, nonprofit organization that determines whether or not a product qualifies as organic under the USDA's National Organic Program (NOP). Goods that are found to comply are listed on the OMRI Brand Name Products List (BNPL). The list is used by certifiers, growers, manufacturers, and suppliers to confirm that an item is approved for organic use according to USDA rules.
All you had to do is google the shit.
https://www.sec.gov/litigation/suspensions/2020/34-89646-o.pdf
UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION
August 25, 2020
In the Matter of Rising Biosciences, Inc.
File No. 500-1
ORDER OF SUSPENSION OF TRADING
It appears to the Securities and Exchange Commission that the public interest and the protection of investors require a suspension in the trading of the securities of Rising Biosciences, Inc. (“RBII”) (CUSIP No. 76761W108) because of questions regarding the accuracy and adequacy of information in the marketplace about the company and its securities since at least April 16, 2020. Those questions relate, in part, to statements in April 16, 2020 and July 17, 2020 press releases in which RBII suggested that some of the products it claims to have launched in response to COVID-19, including Oxithymol, the Oxi Thyme system, and/or their ingredients, are approved by the CDC or registered with the EPA.
RBII is a Delaware corporation with its principal place of business located in Sandusky, Ohio. RBII’s common stock is quoted and traded on OTC Link (previously “Pink Sheets”), whose parent company is OTC Markets Group Inc., under the symbol RBII. As of August 10, 2020, RBII had seven market makers, and was eligible for the “piggyback” exception of Rule
15c2-11(f)(3) under the Securities Exchange Act of 1934.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.2
THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT on August 25, 2020, through 11:59 p.m. EDT on September 8, 2020.
By the Commission.
Vanessa A. Countryman
Secretary
For stocks that are quoted in the OTC market (e.g. stocks quoted on DBOT ATS, Global OTC ATS, and OTC Link ATS, among other venues), quoting does not automatically resume when a ten-day suspension ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company's financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company's stock. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks.
Rule 15c2-11 requires market makers
to review basic issuer information prior to publishing quotations
for that issuer's securities. Market makers must have a
reasonable basis for believing that the information is accurate
and from reliable sources. The Rule describes the kind of
information that the broker-dealer must review.
FINRA Rule 6432 – Compliance with the Information Requirements of SEA Rule 15c2-11
Subject to certain exceptions, including the “piggyback exception” discussed below, Rule 6432 requires that all broker-dealers have and maintain certain information on a non-exchange traded company security prior to resuming or initiating a quotation of that security. Generally, a non-exchange traded security is quoted on the OTC Markets. Compliance with the rule is demonstrated by filing a Form 211 with FINRA. Although the rule requires that the Form 211 be filed at least three days prior to initiating a quotation, in reality FINRA reviews and comments on the filing in a back-and-forth process that can take several weeks or even months.
The specific information required to be maintained by the broker-dealer is delineated in Securities Exchange Act (“Securities Act”) Rule 15c2-11. The core principle behind Rule 15c2-11 is that adequate current information be available when a security enters the marketplace. The information required by the Rule includes either:
(i) a prospectus filed under the Securities Act of 1933, such as a Form S-1, which went effective less than 90 days prior; (ii) a qualified Regulation A offering circular that was qualified less than 40 days prior; (iii) the company’s most recent annual reported filed under Section 13 or 15(d) of the Exchange Act or under Regulation A and quarterly reports to date; (iv) information published pursuant to Rule 12g3-2(b) for foreign issuers (see HERE); or (v) specified information that is similar to what would be included in items (i) through (iv).
News out.
BRK Extends its Footprint into Europe and CIS and EV Vehicles with Key Appointment
1:52 PM ET 9/9/20 | Dow Jones
HENDERSON, Nev., Sept. 9, 2020 /PRNewswire/ -- BRK, Inc. (the "Company") (OTC: BRKK) wishes to inform its shareholders that as part of its expansion onto Europe and the CIS, it has retained the services of Mr. Archil Kublashvili, who has numerous contacts at the C-suite level amongst industrial and cryptocurrency concerns. His remit will be to both introduce new business and consult on commercial exploitation of what management believes will be stable and high growth cash flow positive market verticals. Management is pleased to bring Mr. Kublashvili aboard, and based on previous business engagements, expects immediate benefits from inroads into new business streams - in particular from zero emissions "EV" public and private transport businesses along with entities engaged in our core Gen2 sports franchise.
Why would you say that? Byzen doesn't appear, or at least hasn't announced, to be in the solar/wind business. I know their shareholders are extremely frustrated with him because of no news since clean seas.
Well said Vandal! SMH!
Yeah, I remember them. The first company I ever bought shares in...lost a bundle as well. Then there was PMEA with their recreational light aircraft, ETFM stringing folks along with their electric scooters and then changing their minds, and so on...
Some say this venture is a scam. If it is, I say it's the scam of the century... If not, then...
PPS action looks to have settled out. Sideways action, unless it's just the lunch time lull.
I'm in at $.01, so spread your ill-will somewhere else - AH!
I think that PR was designed to get folks to quit dumping and hang on to your shares at least until next Friday. Crazy, because they just tried this tactic and the news that came out on Monday was a complete dud!
I'm game. They have one more chance and if it is as fruitless as Monday's, bye-bye!!!
Not "good news!" Same old news, nothing new. Folks getting frustrated.
I read before that 18% of IPO's in 2019 were successful out the gate as apposed to 81% 10 years prior. This is to be expected (for the most part), but temporary. Pay attention to the First Quarter 2021 Financial Results highlights section...orders already rolling in!!!
Preach it SR!
$RBII
RBII WILL KICK DECN ARSE WHEN WE TRADE AGAIN IF ON GREY....OUR NUMBERS ARE SO MUCH BETTER...
Have a strong feeling all will be well here. Catch you all in the AM...1 more week and hopefully we find out what the deal is.
Gave you a follow.
$RBII
Begs you wonder if there was any correspondence between them and RB. Could've been rectified then and there.
Yeah, agree. Let's hope so...that would be easy.
Fingers crossed, brother. Lawyers gotta be good for something!
SR, I'm tracking with you. My point is if you read the PR objectively (forget the explanation RB submitted), it can and was read that way by them. Ergo, submission of an 8K/A would/could help...that's all I'm suggesting.
Agreed. Not sure why the SEC even referenced the April PR. SMH.
Well, to my point, if they submit an amendment to the 8-K, what that shows is clarification and correction to the exact wording that SEC had an issue with. I believe that would indicate that it was an honest mistake and they were referring to one of the ingredients.
Yeah, that's the exact excerpt that I just referenced in my last post. That one can be read differently, depending on whose reading it. I'm just saying that I can see the issue with it. Again, not saying any malice was involved.
The reference to EPA registration is to the product Blast 50, that is bottled by the Company and used in the Oxi Thyme system. The hydrogen peroxide disinfectant referenced is registered with the EPA.
Not trying to sound condescending here, so don't take it that way. The words "proprietary, formulated, and EPA-registered" are all adjectives describing the attributes of a noun (Hydrogen Peroxide disinfectant). If they had, maybe, used the word 'the' instead of "a" then I could agree.
FYI, my intent isn't to create a dispute or suggest malice was involved, but like someone mentioned in a previous post, could just be semantics or just a misplaced word.
SANDUSKY, OH / ACCESSWIRE / July 17, 2020 / Rising Biosciences, Inc. (OTC PINK:RBII) CEO Arthur Hall announced significant revenue growth to nearly $350,000 in Q2 as sales and reception of the company's Oxi Thyme have escalated dramatically. Oxi Thyme has introduced a proprietary system designed to sanitize and disinfect varying facilities in the current challenging environment, quickly and cost effectively. Utilizing a proprietary formulated EPA registered Hydrogen Peroxide disinfectant,
I don't think I was drunk (yet) last night when I read it, but I'll go back and read it again. When I said "admittedly," I didn't mean them, I meant me...based on what I read in the July PR. Let me look at it again.
What's your thoughts on the steps I mentioned?
The only thing I see as the issue with management is that the wording on the PR (admittedly) falsely claimed that the product was registered with the EPA. It's blatant...no dispute there! Hopefully we already submitted for registration. I checked the EPA site and you can't get a status on a submission unless you have the info needed to reference it.
With that being said, I believe submission of an 8K/A (can't find anything saying there is a timeline to submit) to shuffle some words around.
Doing these, in my eyes, should show good faith. The product is tried and true, so definitely not a scam!! MM's shouldn't have an issue quoting this stock...after reviewing some documents, of course.
Thoughts?
Good evening. Not sure if anyone posted this info yet...my apologies if you have. A lot of reading, but answers a lot of questions. Links provided for everything.
Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that are quoted in the OTC market (e.g. stocks quoted on DBOT ATS, Global OTC ATS, and OTC Link ATS, among other venues), quoting does not automatically resume when a ten-day suspension ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company's financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company's stock. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/investor-5
https://www.sec.gov/news/extra/micro15c.txt#:~:text=HOW%20RULE%2015c2%2D11%20WORKS,accurate%20and%20from%20reliable%20sources.
HOW RULE 15c2-11 WORKS NOW: Rule 15c2-11 requires market makers
to review basic issuer information prior to publishing quotations
for that issuer's securities. Market makers must have a
reasonable basis for believing that the information is accurate
and from reliable sources. The Rule describes the kind of
information that the broker-dealer must review.
The problem with the current Rule is that once one market
maker has published quotations for a security for at least 30
days, other market makers can publish quotations for the security
without reviewing any information (i.e., they can "piggyback"
onto the quotes of the first market maker). Market makers then
can quote indefinitely without reviewing any updated information
(unless the Commission suspends trading in the security).
FINRA Rule 6432 – Compliance with the Information Requirements of SEA Rule 15c2-11
Subject to certain exceptions, including the “piggyback exception” discussed below, Rule 6432 requires that all broker-dealers have and maintain certain information on a non-exchange traded company security prior to resuming or initiating a quotation of that security. Generally, a non-exchange traded security is quoted on the OTC Markets. Compliance with the rule is demonstrated by filing a Form 211 with FINRA. Although the rule requires that the Form 211 be filed at least three days prior to initiating a quotation, in reality FINRA reviews and comments on the filing in a back-and-forth process that can take several weeks or even months.
The specific information required to be maintained by the broker-dealer is delineated in Securities Exchange Act (“Securities Act”) Rule 15c2-11. The core principle behind Rule 15c2-11 is that adequate current information be available when a security enters the marketplace. The information required by the Rule includes either: (i) a prospectus filed under the Securities Act of 1933, such as a Form S-1, which went effective less than 90 days prior; (ii) a qualified Regulation A offering circular that was qualified less than 40 days prior; (iii) the company’s most recent annual reported filed under Section 13 or 15(d) of the Exchange Act or under Regulation A and quarterly reports to date; (iv) information published pursuant to Rule 12g3-2(b) for foreign issuers (see HERE); or (v) specified information that is similar to what would be included in items (i) through (iv).
In addition, Rule 6432 requires the submittal of specified information about the security being quoted (for example, common stock, an ADR or warrant), the quotation medium (for example, OTCQB) and if priced, the basis upon which the price was determined.
Rule 6432 requires a certification confirming that the member broker-dealer has not accepted any payment or other consideration in connection with the submittal of the Form 211 application as prohibited by Rule 5250.
Rule 15c2-11(f)(2) allows a member firm to quote or process an unsolicited order on behalf of a customer without compliance with the information requirements. In such case, the member must document the name of the customer, date and time of the unsolicited order and identifying information on the security.
http://lawcast.com/2018/03/20/otc-markets-issues-comment-letters-on-finra-rules-6432-and-5250-the-15c2-11-rules/#:~:text=Subject%20to%20certain%20exceptions%2C%20including,a%20quotation%20of%20that%20security.
www.Kanab.Club
Yeah, that was abandoned on the consensus that that sector was inundated. They moved on to a the cannibals version of facebook. Last I heard, they were looking for investors or someone to merge with. Looks like they found it.
Better be careful with that last post. Same thing happened with $ZOOM and $ZM...if you remember. CO's being suspended left and right by SEC.
Start at post #104077 for your answer
Btw, Did Hall ever do that CC? I haven't been following this board for a few days.
A R/S affects the stock for 20 trading days.
$OPTI, $TOMZ, $RBII, all doing well
Lol! You're not F'ed. Wouldn't say you can retire yet, but hopefully soon. GLTY.
Too late bud. Just relax and let it happen...
Good on you...$mart!!!
Along for the ride...just picked up 6700
that wouldn't be too bad. Just load the dip