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Monday, December 19, 2022 9:46:14 PM
Shell definition:
No income
No audited fins
Non registered with the SEC
No product except free stock they issued to themselves.
No actual employees, directors and ceo's who aren't producing anything may not be recognized by the SEC as employees performing an income producing job or service.
Exist in a home residence and possibly a small rental office.
ergo: Shell.
Financial Reporting
Reporting Status
Alternative Reporting Standard
Audited Financials
Unaudited
Nothing wrong with trying to look bigger than they are, everyone does it.
It's up to the reader to read the bullshit between the lines. I didn't check to see if b=l=dv bothered to keep up the SOS fees in colorado.
A shell company pays OTCM a fee to show their ticker and uses OTCM as a fake SEC decoy. OTCM does not vet or take responsibility for any of the letters corps send in claiming to be filings. BTW - it's the officers/owners listed who are the 5 employees and one of them sends in the letters to OTCM including their corp profile info. Of course they can say they aren't a shell and almost all of them are falsely misrepresenting themselves and OTCM doesn't care.
OTCM itself is a private business, it is not an exchange or government regulated body at all.
It's also struggling to survive.
https://www.otcmarkets.com/stock/BLDV/profile
https://www.sec.gov/Archives/edgar/data/1814536/000181453620000002/xslFormDX01/primary_doc.xml
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