Bots Inc (BTZI)

[Lofaus2014]

The earliest the dividend would come is 4 weeks from now. They have to resubmit the S1 which last PR noted this week. As of today, no submission. The response of the SEC has taken 3 weeks on each S1, this being the fifth. They went from 45, 19, 9, 7 comments after each submission. If this progression holds, they likely will need 2 more submissions to be granted the IPO notice off effectiveness. That puts it in late November.

The dragging out of this IPO has been a factor in the pps going down 50% in the past 3 months. A finalized IPO would be the kind of news that would stop the pps slide and reverse the trend.

I don't see anything that can stop the sell off of this company and it would be the IPO for now. If people are waiting for their $.02 dividend, they will get slaughtered by the time it happens IMO.