BVB Army Denied IPO by SEC Due to Recent War February 27, 2017 | Arthur Gates
The
Black Veil Brides Army's petition for an Initial Public Offering (IPO)
to sell BVB Army Stock in the New York Stock Exchange was denied by the
US Securities and Exchange Commission (SEC) earlier today. The SEC cited
the recent war with the BOTDF to be a "primary" cause as to why their
filing was denied.
"It's tough being rejected," General Andy Sixx told reporters while walking out of his office earlier today after the SEC made their denial public. "You
put out a great product and want to share equity with the public
because you're doing so well, but then you're denied the opportunity and
the ability to do so. I've been rejected my whole life and even after a
long and gruesome battle, everybody's just wanting to move on and try
to live the best they can after living so closely to death. It's almost
insulting."
If
approved, the BVB Army would have traded under the symbol LOG with
32,000 shares available for the public to buy at $300 - 400 each.
There's no telling whether or not the BVB Army will apply for another
IPO anytime soon after this deadly and insulting blow.
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