Thursday, October 18, 2018 10:39:11 PM
Audited financials: I think once the merger is completed, the new financial team that was mentioned in the 7/16/18 PR will probably work on getting the audited financials completed within the required time period (45/90 days after period end for non-accelerated filers) or asap if over due.
7/16/18 BLDV PR - https://backend.otcmarkets.com/otcapi/company/dns/news/document/31875/content
SEC reporting: A full year of audit financial statements needs to be completed before you can start to be SEC reporting where you would start filing quarters as an SEC filer and then the annual statements with the comparatives of the full year previously completed to make two years, see links below for smaller reporting companies.
https://www.sec.gov/smallbusiness/goingpublic/SRC
https://www.investopedia.com/articles/investing/072414/how-company-files-sec.asp
https://www.sec.gov/smallbusiness/goingpublic/exchangeactreporting
Canadian Insurance: Here is an article from earlier this year before legalization that talks about insurance coverage of medical cannabis, not about becoming a major factor.
https://globalnews.ca/news/4331640/canadian-insurance-covering-medical-marijuana/
A few other information links -
https://www.marijuanamedinfo.ca/health-benefits-coverage-for-medical-marijuana/
https://leaderpost.com/cannabis-health/insurance-companies-finally-take-action-on-medical-cannabis/wcm/9942a767-b228-46ec-a60a-ee168e300a01
Number of employees: The company profile on otc markets indicates 5 employees as of April 2017. Cann10 NA currently has Josh and two other officers from Cann10 that will join the governance once the merger is completed (see 8/2/18 PR link below); therefore, I am thinking at least 2 will be added after the merger.
https://www.otcmarkets.com/stock/BLDV/profile
8/2/18 BLDV PR - https://backend.otcmarkets.com/otcapi/company/dns/news/document/32175/content
I hope you get your questions answered.
Go BLDV!
Buy cautiously and sell reluctantly. All of my posts are In My Opinion only based on the DD I have completed. Please do your own DD and make your own decisions.
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