Correction: The D is assigned after a reverse split is effectuated. FINRA approves the corporate action of a reverse split. THEY DID. BETS was current at the time and FINRA approved it. The D stays on for a minimum of 21 trading days. The reason why the D lingers is because the 2016 10k (due 3/31) was not filed. BETS filed for an extension on 4/2 (AS THEY WERE SUPPOSED TO). The minimal period given for that extension expired so they fell delinquent. Until BETS is SEC current (as they are SEC filers, not scam alternate reporting), the D will remain.
PS, If there was even a minor issue with the SEC (let alone the alleged major issue, with no evidence), FINRA would have NEVER approved the reverse split in the first place.
PSS, there is absolutely zero evidence of: "BETSD must have other major issues with the SEC..." NONE, and no one can show u otherwise. I guarantee it!
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