REVE Technologies, Inc (BSSP)

[foxi]

Ran across this tweet on stocktwits:

Quick commentary first! Dunno if the email is real. Regardless, here are a few observations about it:

- Looks like BSSP hadn't actually filed with the OTCM as of Monday July 12? Even though their latest PR strongly suggested an expedient filing? Can anyone speak to this idea that the OTC has to issue "notice to upload" before they can submit documents? Why would there be such a rule?

- Couldn't they voluntarily hold back their filing pending merger talks, then come back at us later with 'well actually the merger talks fell through, sorry folks'? Even if that'd be super sketch, couldn't they pull that stunt without penalty? They didn't explicitly promise they'd go pink current. They did however state:

"Upon allowance by the OTCIQ system, the filing shall immediately be uploaded for its anticipated up-listing approval."

- If they DO intend to file, there's still time before brokers like TD Ameritrade stop letting retail trade this stock per the SEC's new rules for dark/delinquent. (TDA traders will only be allowed to sell starting August 13th, and the new SEC rules preventing all retail trading for dark/delinquent officially kick in September 28 afaik)

- BUT if they actually have no intent of going pink current, they could be running a pump and dump knowing the SEC deadline will hit before they get called to account. ie couldn't they be issuing and selling shares to line their own pockets, then evaporate after one last PR and party on their new island scott free?

GLTA!

https://twitter.com/Jesusof01941401/status/1414599594718240769?s=19