Edward
1 month ago
What concerns me is that the Audit firm dropped BZWR.
To me IMO seems to indicate BZWR was the problem, and my guess and only a guess is either of the three reasons or all three.
1) BZWR was very slow in paying the audit company.
2) The auditors had a difficult time of getting info or and answer on a timely basis.
3) Even though BZWR stated "There were no disputes or disagreements between the Company and Accell during the time it was the Companyβs independent registered public accounting firm through the date of resignation.", i doubt that.
Why would an Audit firm drop a client? An audit company would drop a client:
Constant billing complaints
Unwillingness to pay for extra services
Questionable conduct, including verbal abuse, with you or anyone else on staff
Too many emergencies because the client fails to prepare
Clientβs lack of trust in your abilities or knowledge
Withholding information or telling outright lies in person and in documentation
Any behavior that puts you or the firm at risk
Failure to comply with providing information or communicating in a timely manner
Again, only my opinion,not a verifiable fact.
bob4uall
1 month ago
New audit firm identification:
Astra Audit & Advisory, LLC (formerly, Coastal Accounting & Consulting, LLC)
New name is "Astra", but their website doesn't mention it. Still says "Coastal".
Auditors are again a Florida company, a couple of thousand miles away from BZWR's "office" in either Scottsdale, AZ or Las Vegas, NV, not sure which.
Evidently, BZWR still has something to audit
Since BZWR stock can only sell and can't be bought except by qualified entities, the price may as well be zero. It is nice that Rhett even cares to update us since the common stock may not be any good to the company for a long time.
Edward
3 months ago
Why? How would i know?
There are a few reasons that come to mind ( there are probaly more):
1) Maybe there was a MM short 10k shares and wanted to close it.
2) Maybe a MM was correcting an error from previous trading.
3) Maybe a MM wanted to build an inventory and 10k was only available from another MM who wanted to get rid of their position, so when BZWR again is allowed to trade publicly the the buying MM will have shares to sell.
4) Since people can sell on the expert market probaly MM's were buying shares all along and was able to buy the 10k shares from another MM, for the reason in #3.
5) Guess it is possible, maybe an investotor did sell so to pick up a tax loss, and that's all the MM would take or that's what the seller had left after selling shares before the expert market.
I'm sure you have an answer to this already, it's you MO.