BellRock Brands Inc C.BRCK.U

New/old blood taking the reigns

[geodcan]

I still feel that there is a lot of company here but the value has been shifted away from regular shareholders.  They have been talking up the merger but then there is the delay in being able to get reporting to shareholders done to the point of being halted or suspended.  Suspensions take time to fix and time is on the side of the company makers who went to public funding but frustrated their committments to being a publicly traded company.

That is how I am reading things.  I don't think there was any effort at all put into shareholders concerns such that it seems like a snatch of the company back to the original shareholders who may want to privatize it again.

I invest in public companies because there is some accountability built in to keep shareholders informed, unless management fails to do the reporting, which seems to be the case here!

I think that the rules need to be changed such that companies that fail to report as required lose management control in favor of independant accountants who get delegated to management keeping shareholders investments first and foremost.

It is too easy for this type of non-action to be regulated and it is a very effective way for regular shareholders to write off their investments and walk away.

If BR Brands and Dixie is all that it is said to be then there should be more value than we are getting credit for.

And there are a billion shares out so this stock needs a minimum of a 10 gets you 1 rollback and with no financials it will probably quickly revert back to the pre consolidation price or just never move off of it.

And yet, I still think there is value here but not enough for me to kick in another $10k !