Naples, Florida--(Newsfile Corp. - October 21, 2020) - Bell Buckle Holdings, Inc. (OTC PINK: BLLB) Updates Shareholders and Potential Investors of Management's Intent to file with OTC Markets all required and filings to achieve Pink Current Status and Removal of the Caveat Emptor.
The Company will adhere to OTC Markets and SEC guidelines for "Best Practices for Disclosure and Transparency," stated Kim Halvorson, Bell Buckle Holdings, Inc. CEO.
In adhering to these guidelines, the Company is in good standing with the state, and federal taxation departments. The Company is in good standing with the Transfer Agent. All Share information will be automatically updated on the OTC Markets. As of yesterday, OTC Markets has approved BLLB to access and update the profile. As of today, OTC Markets has approved BLLB to upload financials. Today, The Company is uploading previous two calendar years 2018 and 2019 with the OTC Markets Annual Disclosure Statements for the respective Audited Financial Periods. The Company will over time, upload old missing financials that allow us to upload to our current financials.
The Company will upload as many financials as it will take for the Company to apply with the OTCIQ for upgrading the symbol in addition to the removal of the Caveat Emptor (Skull and Cross Bones). The Company is also notifying our shareholders today, we will be uploading as many financials and disclosure to upgrade the status. The Company understands that the transition is Skull and Cross Bones, to Stop Sign, from Stop Sign to Yield and from Yield to Current. The Company needs to be reviewed by Compliance at OTC Markets to be permitted to have Pink Current.
The Company believes that it needs to be in good standing for it to provide shareholder value. The more transparent that it is with financials and its business plan, the better confidence it brings for the investors. It aims to have long term investors. The business plan permits growth in shareholder value, and the Company is not stopping at Pink Current. "We are very excited about getting OTCIQ access. The Company has not had this in many years, It has been a "skull and cross bones" on OTC Market for a long time, we are emancipating from this status so that we can provide new vigor to the Company" commented Kim Halvorson, CEO.
Again, we are very focused on full disclosure as per the OTCIQ guidelines and we are proud to provide AUDITED financials. Audited financials are a required if our goal is to uplist from Pinks.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For more information, press only:
PR CONTACT: Kim Halvorson
5660 Strand Court: Unit #107
Naples, FL 34110
Email: info@bellbuckleholdings.com
Website: www.bellbuckleholdings.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/66486
