Replies to post #2862 on NAPC Defense Inc (BLIS)

[hedge_fun]

I appears they fell within the 15 day grace…….

period, but OTC has been “clear as mud” on this, which is par for the course for them.

We’ll see.

I have no DAWG in this fight, but was interested to see what Bobby Pritchett may have located when they were so-called treasure hunters.

GL

The rule allows a 15-day conditional grace period when current public information is no longer available within the 180-day specified period. Three conditions must be met for the grace period: a public determination by OTC Markets or FINRA that current public information is no longer available, all other conditions for reliance on the piggyback exception must be effective, and the grace period ends on the earliest of the company making current information available or the 14th calendar day after the public determination.

https://www.aigbelaw.com/securitiesinvestinglawblog/2023/12/13/the-211-rules-and-shell-companies

[ProfitScout]

BLIS is back to trading under its normal OTC status again as of this morning. Retail traders can again place and execute orders and I see some are taking place already.