Yep, that is the way it looks right? Yes, I am paying attention and these guys should be called on this bit of deception. The S-1 was approved but it doesn't mean that it can't be pulled. :-D They not only confuse the reader about the SEC S-1 approval with that of approving the trading platform but they also go on to say "...meeting or exceeding US SEC and FINRA regulatory requirements and trading compliances." Reconcile that with the statement in the S-1 offering of "the SEC has not yet adopted rules or regulations specific to the digital securities industry nor any regulations involving blockchain or distributed ledger transactions."“Lucy, you’ve got some ‘splainin to do!” 🤣 We may find that this attempt at promotion was a huge error in judgement.
Joseph approached the USSEC about the platform a few years ago, and the USSEC approved him to develop a demo platform to show how the blockchain concept works. It took him two years to build the demo, and then the USSEC took two more years to review the demo platform. The Company made a complete 1933 Registration Statement (FORM S-1), fully outlining the Company's business, which was approved in July 2023 by the USSEC. BDTP™ is a centralized blockchain that can fully integrate into a stock broker’s trading platform, meeting or exceeding US SEC and FINRA regulatory requirements and trading compliances.
Regulatory Challenges of our Business Concept (BDTPTM) SEC Approval Our first regulatory challenge is seeking the approval of the Securities and Exchange Commission (“SEC”) of our concept for a security that could be traded on the BDTP™ because the SEC has not yet adopted rules or regulations specific to the digital securities industry nor any regulations involving blockchain or distributed ledger transactions.