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Re: None

Wednesday, 03/13/2024 10:39:07 AM

Wednesday, March 13, 2024 10:39:07 AM

Post# of 5334
Maybe the share price is rather steady due to the 2/26/24 8-K setting a share price for purposes of conversion: "The principal and accrued interest under BZWR Note is convertible into common stock of BZWR at a price equal to $0.0036 per share, subject to certain adjustments and potential resets."

If this merger with IPSI succeeds, there seems to me to be little reason to continue reporting BZWR financials publicly. The Investor Relations department may still be pushing their usual cut-and-paste response on transparency and timeliness of reports, but they may not have the memo yet that the company is about to be swallowed up by IPSI.

There is disagreement on this Board about when the grace period will run out. If the formula is 180 days plus 15 days grace, the 180 days after 8/31/23 ran out on 2/27/24. Fifteen days after that is today. So, if there is no extra grace time or rule adjustment of some kind, we may not see BZWR stock quotes tomorrow.

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