So, as usual it is unknown if the 1st QTR. is close or not.

Typical general info from BZWR.

Problem is why updates (they could say something on their account, it is free), and they still have to do the 2nd QTR. which is also delinquent. That may take another 1 1/2 months. In another month the 3rd QTR ends.

So i see at least 2 more months in the expert market.

An answer from BZWR IR from an investor from an investor platform.



I received an answer from BZWR.I asked is there an anticipated date when the QTR. will be filed--Apparently the holdup was or is "resolving our existing promissory notes and securing new investment took longer than anticipated. "


Investor Relations
From:investors@businesswarrior.com
To
Fri, Apr 26 at 3:13 PM
Thank you for reaching out. We're always happy to touch base with our shareholders and will share as much public information as possible. We are pushing to get the Q1 done ASAP and it's in process. As soon as that's submitted, we will be working on getting Q2 done ASAP.

With regards to the timing of our filings and the performance of the company, our focus has remained steadfast on the core of our business and on securing additional capital to support our operations and fuel our growth. Admittedly, resolving our existing promissory notes and securing new investment took longer than anticipated.

Not only is BZWR still working on the first QTR. 11/30/23 financials, they still have to file the 2nd QTR. 2/29/24 financials which are also delinquent. The 3rd QTR. ends 5/31/2024.

They didn't bother filing an NT late filing notice form for the 2nd QTR.

To put it mildly BZWR will be delinquent for a while.

New BZWR pages in their website:
A Google search finds two new pages in BZWR's website as of early April. First, there is a page on Automated Lending Platforms. Second, TrustAlchemy.com no longer exists and instead, this page replaces it. That seems very long overdue to me.

Some activity is better than nothing at all.

disappointed

IPSI filed its Annual Report on March 29. It is available here.

IPSI does not yet have significant revenues, which stood at just $410 for the entire year.

As of the report date, the merger with BZWR is still under consideration.

looks familiar

https://www.facebook.com/UPABusinessWarrior

Reasons why someone would buy:
1. The merger with IPSI might succeed and the IPSI stock receivable in exchange for BZWR stock may rise in price.
2. The drastic price reduction lately was caused by BZWR only being traded on the Expert Market, where many potential buyers can't see the bid/ask or place electronic orders. Few buyers, price falls. It was not caused by failure of the company or new bad news. The 4th quarter highlights were announced months ago even though the Report was filed very late. In other words, the price is super low and could be at a bottom.
3. BZWR may file their first quarter report, become compliant again and rejoin the Pink Sheets. If so, buying would become unrestricted and the share price could jump more than slightly back to earlier levels.

That's a few reasons how BZWR's share price could recover. But will they? I have many doubts that they will pull this off. Nobody knows if a combined IPSI/BZWR can succeed. Even if they do get together, I question how much IPSI shares that BZWR holders would get in exchange would be worth. All agreeing creditors plus the shareholders are to be capped at 40% of IPSI's outstanding shares, and that's few dollars spread among a huge number of shares. And, that's if the deal even closes, which is no sure thing.

At this point, we are just along for the ride. Selling on the Expert Market now is ludicrous, in my opinion.

who the heck bought? i'm confused why someone would buy? what am I missing? assuming it will jump slightly if/when gets back on the pinks? shave a bit off the top then?

some canadian brokerages allow purchases, as hard as that is to believe. How they allow that is beyond me. Also market makers. So what you have is unlimited sellers and limited buyers hence why the price comes down, but I expect a filing any day to bring us back into compliance.

Who is qualified to buy if retail traders may close (sell) only?

you will not be able to call in an order, none of the brokerages will take it. You will see no bid/ask as well.

Under $20 dollar volume today so far. Just seeing liquidating sellers I guess. If some buyer does come in, I bet we find out there was a huge spread. Does anyone see a bid/ask? It's supposed to be unavailable to the general public, but some people have access.

I am considering making a buy over the phone if $0.001 can really happen. $1,000 for a million shares.

The IPSI deal price of $0.0036 may still be realistic. BZWR now trades in a restricted market where selling is easy but buying takes extra steps that some may not be willing to bother with. I believe that the collapsed $0.001 price is caused in part by regulations that try to protect uninformed buyers from scams. Not a level playing field. The holders are pretty much stuck with waiting it out. Many times it has already become hopeless, anyway.

The fact that this uneven market shows $0.001 is not proof that $0.0036 is not doable in the merger deal. The news of the merger is at least hopeful that the companies can continue to operate, and normally that would send the share price up a little. We saw maybe some of that with price around $0.005 before the expert market took over.

What should the share price be? Well, book value is so highly negative in both IPSI and BZWR that whatever the price is today (if the market were unrestricted) is just a function of buyers betting that the companys' growth plans will succeed. Without that hope, the stocks should be $0.000001. And now we see what happens when buyers are cut off.

So annoying the company is failing.
I don't understand or accept failure.
If I had a bunch of investors (and employees) counting on me
I would be on the phone 24/7 dredging up new business.
Like that guy from the movie Happyness (will smith played) whose
finger was bent from all the phone calls he had made.
arghhhh.....
I guess now I see why CEOs of successful companies make so much $$.
Investors happy/profitable = millions in compensation.
Oh well. I'll just go outside and watch the eclipse.

REAL WORLD.

BZWR management is saving themselves if they want the deal.They have no other choice.

BZWR is headed for CH.11 and the are desperate. Clearly the CEO is totally incompetent.

Rhett has been saying and promoting how great their products are for years, including his original product which he doesn't mention anymore, and has shown nothing but mismanagement.

Almost always penny stock investors never sell or ever give up on a stock, even when the signs are clear.

Last sale of BZWR was .001 say's it all what the investment community thinks about BZWR..

BZWR's highest priority seems to be to convert its debt into shares of something that would be acceptable to their lenders. So, they found IPSI, and IPSI has a business plan that is supposedly ripe to start producing major revenue. I have no idea if any revenue is coming, but they have products that are supposed to do that.

If the BZWR lenders agree, it looks like the debt would be converted into BZWR common stock. All of that new stock and all existing stock owned by us small investors would then be traded in for 40% of the total float (I guess) of IPSI shares. I am not very hopeful that the value of IPSI stock that we receive would start out anywhere near the value of BZWR stock before they fell into the Expert Market. If the value is too low, I don't see how the BZWR lenders would bother to agree to the plan. But, they might, because the alternative may be to have no further chance to collect on the debt.

Meanwhile, as of the end of September, IPSI's 3rd quarter, IPSI had $410 year-to-date revenue. They had $19,395 in cash. They had $5,052,344 current debt in the form of accounts and notes payable. Total Assets were $795,708. That is composed of $7,643,215 in liabilities and negative equity of $6,847,507.

I don't know how their share price can be around $0.20. It likely depends on the successful launch of their new products.

Yes, your pretty much right on target.

I still dont get the utility in this merger for BZWR. IMO they (bzwr, rhett, jonathon, etc....) are giving up and
looking for a "scapegoat" for the continued collapse of their business venture.

IPSI not a forward move...its not even a lateral move...its a backwards move.

These press releases are so annoying because they use big words to excite...and confuse...us like "leveraging"
"operational scalability", etc.. sounds important. zzzzz....

and finally... "delivering unparalleled value to our customers and stakeholders worldwide" ...ehhh
seems a bit much wouldnt cha say? Have you seen your filings (liabilities) and current share price?

Good news that merger is coming, BUT here's a trader that can't buy:

Merger LOI just announced by BZWR 5:15pm yesterday.
Twitter.com

BZWR acknowledges IPSI Letter of Intent

Not surprised that the price sunk. Inconvenient to buy, but easy to sell, could wreck the price for awhile. Some say that they can't buy at all. If they think they can't, I guess they won't try. Plus, falling off Pink is bad news. I guess if you bought at $0.004 and sell at $0.002, it might be worth it to take the 50% loss. But, if you have been in longer, this is an awful time to sell in this market tilted against sellers where buyers aren't easily entering.

However, the IPSI deal is structured to exchange shares at a value of $0.0036 per share, if not modified and if the parties agree. So, I see the price returning if the merger succeeds, and probably going higher if the financial outlook thereby improves.

I think there will be red tape to get back into normal trading. Somehow, BZWR has been able to keep auditors and their SEC lawyer, so maybe required reports will be filed. I agree with those here that say a return may take months. I don't think it would be years in this case. Failed financing and bankruptcy would end it sooner, would be my guess.

IPSI might not be the only option. Maybe there is another interested party. That could explain BZWR's silence if they are not ready to announce how wonderful and desirable that merger would be.

The big downside, to me, is that BZWR needs to raise capital through investment and debt. On the debt side, I think the cost to borrow has been exceedingly high.

0.002 close is just the beginning…lol.

I will buy this soon at 0.001!

You can be here for the next 2 years Princess Diana.

It always starts with hope and delusion then you realize it doesn’t happen quickly.

if there was any silver lining that i saw from the filing was that at least they worked to get their overhead down.
as ive said before...im not in business so what do i know....but arent there other revenue streams they can find (other than payplan)...
I mean I think Rhett could start a YouTube channel or podcast. Everyone else has. I would subscibe. especially if
they started posting about taylor swift and travis kelce. could always learn more about their love.

More shares traded on the expert market today.

As of now.

BZWR $0.002 -0.002 11:35:55 AM 57,767 shares.

Yes.

I agree with you.

Unfortunately it is so late, the 2nd quarter is also due mid April 2024, which in all likelihood will be extended.

right I saw you or someone posted that, BUT, my Q is were they already working on it simultaneously with the 10-K "issues" or did they just basically start it, I hate to say I lean towards the latter meaning it will take longer, but they should have been working on it all along since it was already very late itself.

According to Rhett, they are working on it:

Rhett Doolittle 10:40 AM · Mar 19, 2024

@RhettDoo
We filed our 10K yesterday which can be found at the link below. We were working with the information that this would bring us current with the SEC and OTC. We are working on our Q now. Unfortunately, we were moved to Expert Markets this morning. Once our Q is filed we will be moved back to Pink Current. $BZWR

right no surprises I didnt think there would be, the only thing left is the last quarter being worked on, I dont have any reason to believe its much different, but more importantly if IPSI is involved I believe they will help bring in the capital needed to fuel growth in the lending business. We just need to wait now while due diligence is done which would also require the next 10-Q, I wonder how long that will take, assuming they were already working on it and that they didnt "forget" sorry for my sarcasm.

BZWR just traded @ .004 for 53800 shares @2:53:55.

So it is holding up well in the expert market.


BZWR $0.004 +0.0004 02:53:55 PM 53,800

As of 02:56:09 PM ET, 03/20/2024

SCHWAB will do it-- by phone.

I put in an order with SCHWAB yesterday where i a have my account..

You have to do by phone. I called and the trading dept put it with the regular commission.

You are talking to someone who doesn’t know what they are doing.

I am waiting for the magical response.

There are 2 brokers that might let you in the U.S but this Princess Diana has no clue so I am waiting for his response

what brokerage allows any purchases (not sells) of any expert market stock. Certainly not fidelity or schwab, manually or otherwise.

You can buy and sell Expert stocks in the US also.

To put an order in you have to call the broker to enter the order for you. I've done it and they will waive the add'l fee for an assisted trade since they won't let you do it online..

F/Y/I


Rhett Doolittle 10:40 AM · Mar 19, 2024

@RhettDoo
We filed our 10K yesterday which can be found at the link below. We were working with the information that this would bring us current with the SEC and OTC. We are working on our Q now. Unfortunately, we were moved to Expert Markets this morning. Once our Q is filed we will be moved back to Pink Current. $BZWR

Hahahaha…you cracked me up man!

I think I am holding a possible retirement expert market play…hoping it prints by June latest then I am done!

yeah then dont play it, you're cheating people like me that deserve to be able to pick up shares just as much as anyone else.
No different than what Trump did taking advantage of the system to get better insurance rates. Not direct fraud but played the system thats what you are doing, leave it alone, let the "experts" do the trading, youre not an expert.

Interesting analysis here. I fully expect them to move to Pink Limited very quickly, but the company acknowledging that the 10-Q being late also causes them to remain in Expert market beyond the 10-K. I warned the company of the risks, even not knowing the rules completely b/c OTC Markets is in the business of bending and adapting the rules without telling the public, they're so full of crap their eyes are brown. Heres is what their quote eligibility chart says for Pink Limited tier:

I agree. Not a level playing field. But i don’t make the rules

Its basically not fair that you as a Canadian citizen get to buy US stocks on the OTC from Canada while me, as an American, am not allowed. As if you have some level of knowledge that you are an expert and that I am not an expert. I call that bullshit on you, and an absolute travesty of justice. It's not fair to me if I see an incredible opportunity and cant take it and you get to have it

How is that fair, its an American company and I am an American and you are not. Bullshit.

LMAO:


He plays Expert Market yeah right- too funny:




Kjv
Member Level


Tuesday, March 12, 2024 8:23:21 AM
Post# of 7652
Nope. I am not. This isn’t on my watchlist anymore.
I only came to post the dilution because it’s 72 hours delayed and I have premium so people can see what he is doing.


"I don’t waste my time on junk."



That's where almost all of the junk stocks eventually end up so he can play them . LOL.

I agree that 1st Q was intended. Eighteen days (Feb. 29 to Mar. 18) to file 2nd Q is impossibly short.

I think they meant 1st QTR. 11/30/2023. The 2nd Qtr ending 2/29/2024 isn't due until mid April 2024.

Do you agree?

I sent a follow up email to IR what i stated above. So awaiting an answer for that.

Good news that BZWR can return to Pink quickly. They act like it will be simple: "Once the Q is done and registered then OTC will move us back to Pink Current."

Maybe somehow BZWR can do a short reapplication process or get their SEC attorney to find some kind of exception since there was a misunderstanding, they say.

You do great work, by the way.