Replies to post #42832 on Beyond Commerce Inc (BYOC)

[OTC Whisperer]

I would tend to agree with you, the timing and size is interesting, but certainly looks pretty bad right now…When these are bad, typically announced Friday after close… Not early in the week, maybe to give them a chance for some good follow up news?

[Carjockey2]

I can't say I disagree The bottom line is we're going to have to let the dust settle here..

$BYOC

[NagStocks]

It says in the filing they want to uplist to QB or Nasdaq.

“Exchange as soon as we are eligible to do so following the consummation of the Reverse Stock Split, a future public capital raise and satisfaction of other listing requirements and conditions. The Nasdaq Capital Market for example has minimum bid price requirement for new applicants of $4.00 per share. However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements. On August , 2020, the last reported bid price of our Common Stock as reported by the OTCQB was $ per share. Although the Board believes that the Reverse Stock Split will enable the Company to meet these minimum market price requirements, there is no assurance that we will establish and maintain a market price in excess of the required level following the Reverse Stock Split or that even if we do establish such market price that any application to an Exchange would be successful. The effect of the Reverse Stock Split, if any, upon the stock price for our Common Stock cannot be predicted, and the history of similar stock split combinations for companies like us is varied. We also cannot assure you that the stock price of our Common Stock after the Reverse Stock Split will rise in proportion to the reduction in the number of shares of Common Stock outstanding as a result of the Reverse Stock Split because, among other things, the stock price of our Common Stock may be based on our performance and other factors as well. If we are successful in listing our Common Stock on an Exchange, the Board believes that such a listing will positively impact our ability to raise additional equity capital. However, there is also no assurance that we would be able to raise additional equity capital in a public offering or otherwise. Further, we are not currently eligible to make such application to list on an Exchange and cannot guarantee that we will be eligible in the future, or if we are eligible, that we will make such application or that such application will be approved.”

[NagStocks]

Current OS 2.98B

An additional principal effect of the Reverse Stock Split will be the reduction in the number of shares of Common Stock issued and outstanding from 2,987,681,061 shares as of August 4, 2020 to a range of approximately 29,876,811 to 298,768,106 shares, depending on the Reverse Stock Split ratio selected by the Board.