Replies to post #111598 on Biocentric Energy Holdings, Inc. (BEHL)

[philg]

Yes Garrox. To me this stock has adequate potential at this price to be interested in it. Maybe it will "start" the process by June of doing what the SEC wants. From what I understand that is what the SEC wants, just to "start" the process (whatever that is.)

Here's Dennis R. Fisher I believe from BEHL's past (BigBake1 can verify) - https://www.linkedin.com/public-profile/in/dennis-r-fisher-17b06b4a?trk=author_mini-profile_title&challengeId=AQFi77ZtT0zEbAAAAXfvfX6EgTVyJWI-fYU5QZ9iDY7jMFph5s3u09NvI0Bh7xuVjhI7uMgXJBKkXfZ9lxXeVhPdk0McNiGd7A&submissionId=7c13fe91-1452-6816-6d10-e540161c463f

Like most corporations down at this price it's sadly burned people before.

[BigBake1]

No, its the company that submits its request to the market maker who then reviews and then if they approve a Form 211 will be sent to FINRA.

In order to use Rule 15c-211 to go public, the private company must locate a sponsoring market maker to submit the Form 211 application to FINRA on its behalf. FINRA may render comments to the Form 211 application which the sponsoring market maker and private company must respond to.

Once FINRA is satisfied that the disclosures satisfy the requirements of Rule 15c2-11, it will assign a trading symbol and the Market Maker can quote the company’s securities. Once this occurs, the securities of the private company going public are quoted by the OTCMarkets on the OTC Pink Sheets. Once the sponsoring market maker has published quotations for the company’s securities for at least 30 days, other market makers can publish quotations for the security.

There is no company here, there is no Form 211, a broker dealer cannot arbitrarily submit a Form 211, it requires a company to exist.

Its not that hard to understand