ITEM 7.01 REGULATION FD DISCLOSURE.
Additional OTCQB Listing Extensions Granted to BVAP by OTC MARKETS
Breathe ECig. Corp. ("the Company" or "BVAP") has been engaged in substantial corporate activity and accounting work (inclusive of audit work) over the past month and a half, which has rendered its FY 2015 Form 10-K "Annual filing" late.
On May 9th 2016 at 1:00pm The Company's Chief Financial Officer petitioned OTC Markets for an additional time extension for the filing of the Company's 2015 Form 10K (due May 10, 2016) as well as the Company's Q1 2016 Form 10Q (due on May 16, 2016). After considering the Company's petition, the following additional extensions were granted on May 09, 2016 by OTC MARKETS:
1) The Company has been granted a Final extension, valid through close of business Friday May 20, 2016, to file its Year 2015 Form 10K. Previously the Company had been granted an extension until close of business Tuesday May 10, 2016. As such the Company's shares will continue to be listed on the OTCQB Exchange through the entirety of the term of this listing extension (May 20, 2016).
2) The Company has been granted a 30 day extension, valid through close of business Wednesday June 15, 2016, to file its 1st Quarter 2016 Form 10Q. This filing had previously been due on Monday May 16, 2016 (due to the fact that May 14, 2016 fell on a Saturday). As such the Company's shares will continue to be listed on the OTCQB Exchange through the entirety of the term of this listing extension (June 15, 2016). However this second listing extension (relating to the Q1 2016 Form 10Q) is contingent upon the Company filing its 2015 Form 10K on or before close of business Friday May 20, 2016.
3) The Company has agreed to update all pertinent information on the OTC MARKETS website subsequent to the filing of its Year End 2015 Form 10K
These OTCQB extensions were granted after review of the circumstances and conference call with the Company’s CFO and reflects their belief that the activities undertaken by management are to the benefit of the Shareholders and that this extension was granted pursuant to the Company’s public notice of this extension so that there is accurate market awareness of the Company’s situation and status.