Replies to post #4613 on Business Warrior Corp (BZWR)

[bob4uall]

You may be right about QB status. BZWR has not reported any notification of deficiency, to my knowledge. Maybe there was a best closing bid @ $0.01 recently that I didn't find.

Meanwhile, indeed BZWR is a long-term hold. If everyone would share in our view of that, there would be few sellers and the price would begin to make some progress again.

[Edward]

For the OTCQB, it is based on the bid not the closing (unless the rule was changed recently,but i doubt it).

All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 180 calendar days to maintain a closing bid price of $.01 for ten consecutive trading days;

https://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/otcqb-listing-requirements/

[Edward]

Just a note. the 180 day grace period (cure period) as noted with my post just before has been amended to 90 days

SEE MY POST #4598.