Bell Buckle Holdings Inc. (OTC:BLLB) Stock Gains Momentum: Here is Why

There were a number of stocks that had clocked strong gains last Friday, and most of those would be on the radars of investors this morning. One such stock was that of Bell Buckle Holdings Inc. (OTC:BLLB), which recorded gains of 8% following a significant announcement.

The company announced last week that, due to unforeseen circumstances, the release of the amended quarterly report had been delayed. The circumstances in question had been brought to the company’s attention by the OTC. In the news release, Bell Buckle Holdings announced that its consultants, officers, advisors, and directors were fully committed to the company’s ethos of unimpeachable integrity in operations.

Such a commitment is consistent across the company’s dealings with its clients, service partners, customers, and ultimately the shareholders. The company also stated that work was being conducted in order to address a minor issue that had cropped up with its second fiscal quarter report.

In this context, the company also revealed that a recent merger had not actually involved any assets of Bell Buckle Holdings, which had been reflected in the previous quarter’s financial report. Bell Buckle Holdings also stated that it expected the issue to be resolved soon and meet the expectations of the OTC Markets.