Beleave, Inc (BLEVF)

[BlueGreenPower]

Rumors swirling on the boards about Beleave's trading halt. One is a Beleave buyout is in the works. This would make sense if the current internal audit is to determine Beleave's market value before a sale. Any acquirer would want the books gone over with a fine tooth comb.

This audit came up unexpectedly immediately following another audit that restated their financials upward, and reportedly incorporated the new financial reporting requirements now in effect. Why they needed another last minute audit is still a mystery.

If it is a buyout the stock could remain halted until the deal is done. Personally I'd rather see Beleave take on a deep pocketed strategic partner like Auxly with an long term wholesale supply agreement. More upside for investors once Beleave hits the profits the CEO anticipates for early 2020.

All conjecture at this point. imho glta