Replies to post #89913 on Bravatek Solutions Inc (BVTK)

[sampson one]

1 some cant trade cuz current financial quarterlies not reported\

2 update financial reports thru current 1/4

3 past audits could help or hurt pps (did they make any money yet?)

4 once fins filed to current(Q,K) then OTC or SEC or SOMEBODY tek em down. Everyone can now trade. Takes between 6 business days and 735,000 business days, depending on the particular situation.


PS: Stop sign coming down soon, and it probably won't hurt!

[AKsquared]

Here's the stop sign (top right)

www.otcmarkets.com/stock/BVTK/quote

[shotsky]

If you go to OTCMarkets.com, and read the 'Learn' tab, you will learn all about how OTC Markets works. It is an exchange, and it has its own rules. Companies are 'graded' according to how well they manage filings and their business. The highest grade is OTCQX. The lowest grade is 'gray market'. The next step up is the Pink market, which is where BVTK is. Within the pink market, a company can have one of a few statuses, current being the best. Caveat Emptor is the lowest. One step above that is Stop - no information, which is where BVTK is. Above that is Yield - limited information.
The goal is first to get the Pink current, and then BVTK may decide whether to upgrade to one of the higher tiers on OTC or to a big board, like Nasdaq. Nasdaq has its own set of requirements to become listed, one of which is to have a track record of filing properly, and another is that the stock price must be $4 or above. There are also market cap requirements and other requirements. You can google for Nasdaq requirements.
BVTK will not get to Nasdaq with the current SS. BVTK has a larger OS than Apple. Amazon's OS is under 500M. BVTK's OS is more than 1000 times larger.