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Re: Bobwins post# 2624

Thursday, 03/07/2019 4:12:58 PM

Thursday, March 07, 2019 4:12:58 PM

Post# of 2830
Well hopefully we are all going to find out soon, right? From the Sept. 19 2018 PR, they have started the commercial rollout of the NE devices to the 2 largest cities in India on behalf of or with Airtel. So they have had 2 Quarters now to have something to report on the NE. And together now with the 5 million ROVRs, which may be bundled with the NE, hopefully there is incentive to report and become compliant with the SEC asap.

https://ir.5barz.com/press-releases/detail/479/5barz-starts-manufacturing-for-commercial-rollout-of-its

the SEC provided a letter to the Company to advise that if the Company does not rectify the filing deficiency, the SEC may commence administrative proceedings to revoke the Company’s registration under the Securities and Exchange Act of 1934 or subject the Company to a trading suspension by the Commission pursuant to Section12(k) of the Securities Exchange Act of 1934. The Company is in the process of rectifying the deficiency and has advised the SEC on developments in that regard.
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