Bagger Dave's Burger Tavern (BDVB)

[TJG]

Wondering how many out there have looked at the OTC and seen that Bagger Dave's is a Penny Stock exempt stock. Here is the definition of what that means.

Bagger Dave's
Pink Current Information
Verified Profile 11/2018
Penny Stock Exempt


Penny Stock Exempt

This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.

Most likely number 3 is where this falls...and if so then this stock is for sure undervalued on that assessment alone.