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Papalaka

05/07/17 8:58 AM

#57296 RE: stervc #57295

Sterling - can you please repost your info that shows the tradeable float is 800 million, it might be helpful for all the newcomers. Thank you!
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I FAR I

05/07/17 12:55 PM

#57318 RE: stervc #57295

EXCELLENT POST....Very informative regarding BLDV and so many other companies....Many Thanks!
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Rhinegold

05/07/17 1:16 PM

#57321 RE: stervc #57295

Great and detailed post Stervc!

You slam dunked on that !

$BLDV
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SOUTHGAS

05/07/17 1:59 PM

#57327 RE: stervc #57295

Great post stervc,I devert back to Fidelity..They wont let me buy any stock thats not on the up n up now days and so in saying that I have bought all the BLDV to my hearts content..It all comes down to really knowing what ya own and you sir DO-KNOW WHAT YOU OWN- ; )
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janice shell

05/07/17 2:48 PM

#57331 RE: stervc #57295

I'm well aware of all of that. Pinks--public companies that are not SEC registrants--are not required to make any disclosure at all, if they don't want to.

Of course if they really DO make no disclosure at all--which was the case with BLDV for many years--Rule 144 will not be available to holders of restricted stock. That is in fact a problem with BLDV. Though they say they're a "non-shell stock", they were once a shell, and that matters.

To fix that and avoid future problems, they need to file a registration statement with the SEC.

As for transparency, the standard set by the SEC is much higher than that set by OTCMarkets. Some OTCMarkets disclosure is fairly complete, but many companies offer pretty sketchy information. BLDV is one of the latter, so far.

We'll see what they come up with going forward.