Biostar Pharmaceuticals, Inc. (BSPM)

[finesand]

Status update?

Company is now late on its 1Q18 10-Q as well, NT 10-Q filed.

We expect company needs to file the audited 4Q17 10-K before the 1Q18 10-Q first, so that may take a little while since they changed their auditor recently.
They have about 30 more days of the 60 days grace perdiod, last time they exceeded the initial 60 days and all was OK.

While they are a late filer as of now (10-K), they cannot issue new shares. We are unsure whether they can release material positive news until they are current. This is not a written rule, but probably not seen positive.

.. just the usual waiting