Friday, March 12, 2021 11:10:58 AM
The SEC isn't involved in R/S approvals.
Rather that's a "Corporate Action Request" handled by FINRA. Basically the only things required are:
The company assures FINRA the TA has been notified.
The TA confirms, and agrees or disagrees they will be ready for the R/S at the proposed date. It's not that difficult of a process for a Microcrap scam to perform a R/S.
The only reason BAYP went up were the 3rd party social media pumpers, pumping who knows what and how. An area the SEC has taken an interest in recently. It was that action that attracted the SEC's attention. Along with the 6-15X increase in PPS with the company announcing no material news.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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