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Re: zailo2009 post# 156956

Thursday, 06/21/2018 1:04:11 AM

Thursday, June 21, 2018 1:04:11 AM

Post# of 160320
OK, I should elaborate.

When I mention the SOS annual report, I mean the annual report required by the Secretary of State of any given state that a public company holds AOI (Articles of Incorporation) in.

In the case BCAP, AOI is Florida, sunbiz.org.

While it doesn’t affect the OTC tier of any stock @otcmarkets, it does provide a subtle hint that many people miss.

It indicates that the CEO may have plans for the company/shell.

A public company that is in full compliance with SOS requirements is (a little) less likely to be suspended or halted by the SEC.

Most companies/shells are halted because they allow the AOI to be revoked or deemed inactive by the Secretary of State, by not maintaining annual reports.

The recent SOS annual filing May 2018 is no guarantee of anything though.

BCAP at this point has both substantial risk and substantial reward.

I am just making the observation that there is activity behind the scenes that many miss or fail to recognize.

The ultimate OTC shell conundrum.

Not sure if that is helpful to anyone, but it is my intention to be helpful.

GLTA, IMO and FWIW.