Beam Global (BEEM)

[Traderjohn7]

I can’t buy this stock after hours with fidelity - but per this site I am reading you can buy pennystocks after hours via a broker

Now the following - remember Dez added that he established a 10 million pipeline - also Note social media indicates 1200 followers ( more than likely investors)

Is Envision reaching for the big board?

When Is a Penny Stock Not a Penny Stock Anymore?
There are multiple events that can trigger the transition of a penny stock to a regular stock. The company can issue new securities in an offering that is registered with the SEC, or it can register an existing class of securities with the regulatory body. Both types of transactions automatically require the firm to adhere to periodic reporting, including disclosures to investors about its business activities, financial condition, and company management unless there is an exemption. These filings also mandate 10-Q quarterly reports and annual Form 10-K and Form 8-K reports, which detail unexpected and significant events.

In some instances, there are additional conditions that will require a company to file reports with the SEC. Reports must be filed if a company has either at least 2000 investors or more than 500 investors that can’t be categorized as accredited investors, and possesses more than $10 million in assets. If a business lists its securities on any national security exchange, like the NYSE or the NASDAQ, it must file as well. Lastly, SEC registration is mandatory if a company’s securities are quoted on the OTCBB or under the OTCQB marketplace of the OTC Link.

Usually, companies with no more $10 million in assets and fewer than 2000 recorded shareholders don’t have to adhere to reporting guidelines under the SEC. Interestingly enough, some companies opt for transparency by filing the same types of reports that other, perhaps more reputable, firms are required to do.



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