Business Warrior Corp (BZWR): BZWR trading is threatened by "Grace Per...

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bob4uall

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Monday, 03/06/2023 2:59:27 PM

Monday, March 06, 2023 2:59:27 PM

BZWR trading is threatened by "Grace Period" ending. It looks to me that shares won't trade if the first quarter results aren't published in the next +/- two weeks. The stock would descend to the OTC Expert Market. I am unfamiliar with this situation, but it looks like BZWR could still head this off by getting the first quarter report out ASAP. Correct me if I'm wrong.

An article at securitieslawyer101.com says this about the status:

Because of the restrictions imposed on securities quoted on the Expert Market, most investors will not be able to publicly sell their shares. Additionally, they will not have access to bid and ask prices or other information, including trading volume. As such, Expert Market shares are illiquid.

Companies moved to the Expert Market from another OTC Markets tier can apply to relist on the OTC Pink or other OTC Markets tier by becoming an SEC reporting company, submitting a new Form 211, and meeting OTC Markets requirements for the particular tier.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.