Branded Legacy Inc (BLEG)

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From what I understand, because they are an OTCQB company in the midst of their S-1 filing, the deadline to file their annual report is extended without the need for a formal extension filing

The same thing happened last hear, and there was never a stop sign or any penalties associated with it

They wound up filing on 5/16/19

They may also be taking more time due to Covid-19, which the SEC has permitted this year

And because they have automatically been granted additional time due to the multi-year audits involved in the S-1, they wouldn’t be required to file for an extension related to Covid-19

So there has been no penalty assessed from the OTC, nor do I expect one

The fact that there is no yield sign or stop sign means that they are playing by the book

I wonder why Medico hasn’t filed a shareholder letter, just to keep everybody in the loop

I think that would have been a good idea

I’m looking forward to seeing the S-1 approved, as I believe that’s what VATE will really need to secure deals with big retail chains


Sleek