Beyond Commerce, Inc. (BYOC)·Q3 2017 Earnings Summary

Executive Summary

• BYOC furnished an 8-K (Item 2.02) announcing unaudited financials for the years 2014–2016 and YTD through September 30, 2017, but the Q3 figures themselves were posted on OTC Markets rather than included in the SEC press release; management emphasized the step was to remove OTC “stop sign” status and move toward current information standing .
• Operational narrative in Q3 centered on financing and corporate housekeeping: BYOC retained Boustead Securities as exclusive placement agent for a planned $10M private placement to fund expansion and M&A, and subsequently regained “Current Information Status” at OTC Markets in December after the Q3 filings .
• Management turnover occurred on September 29, 2017 with the CFO’s resignation, flagged via 8-K; the company stated it was not due to disagreement over operations, policies, or practices .
• No formal guidance or line-item Q3 financials were furnished in the SEC 8-K; results detail resides in OTC Markets’ posted quarterly reports (Q1, Q2, Q3 2017) for trend analysis .

What Went Well and What Went Wrong

• What Went Well

  • Removal of OTC Markets “Stop”/“Yield” flags and attainment of “Current Information Status” after updating disclosures; management framed this as clearing hurdles ahead of financing and the first planned acquisition .
  • Engaged Boustead Securities as exclusive placement agent for up to $10M private placement to strengthen the balance sheet and fund growth and acquisitions; CEO: “This financing when completed will further strengthen our balance sheet…” .
  • Re-established a communications cadence by furnishing an 8-K (Item 2.02) with a press release pointing investors to comprehensive unaudited YTD and quarterly financials on OTC Markets .

• What Went Wrong

  • CFO resignation effective September 29, 2017, creating leadership transition risk around financial reporting and capital markets execution; company disclosed resignation via 8-K .
  • Absence of detailed line-item Q3 results in the SEC press release complicates rapid assessment; investors must retrieve figures from OTC Markets reports rather than the 8-K exhibit .
  • No formal guidance updates (revenue, margins, OpEx, tax) were provided in the furnished materials for Q3 2017, limiting forward visibility .

Financial Results

Note: BYOC’s Q1–Q3 2017 unaudited quarterly financial statements are posted on OTC Markets; the SEC 8-K press release for Q3 did not include line-item numbers. Access: Q1 (Mar 31, 2017), Q2 (Jun 30, 2017), Q3 (Sep 30, 2017) .

Estimates comparison: S&P Global Wall Street consensus for Q3 2017 was not available in our environment for BYOC; the 8-K press release did not provide estimates or comparisons to consensus .

Segment breakdown and KPIs: Not disclosed in the SEC Q3 press release; see OTC Markets quarterly reports for detail if available .

Guidance Changes

Earnings Call Themes & Trends

Note: We did not have an earnings call transcript in the furnished Q3 filings set; themes reflect SEC and company press releases .

Management Commentary

• Strategic/operational emphasis: “The filing of our unaudited financial results has completed the steps that needed to be taken in order to have the ‘stop sign’ removed by the OTC Markets. Beyond Commerce is that much closer to being fully current with the OTC Market Group.” — George Pursglove, CEO .
• Financing to enable growth: “This financing when completed will further strengthen our balance sheet and should benefit Beyond Commerce in the capital markets and help us enhance shareholder value.” — George Pursglove, CEO .
• Post-quarter milestone and M&A intent: “I’m excited that these major hurdles are behind us and we can complete our financing and in turn our first planned acquisition.” — George Pursglove, CEO (upon attaining Current Information Status) .

Q&A Highlights

• Not applicable; no Q3 2017 earnings call transcript was furnished in the cited materials set .

Estimates Context

• Wall Street consensus (S&P Global): Not available for BYOC in our environment for Q3 2017; the company did not reference consensus in the 8-K press release .

Key Takeaways for Investors

• The Q3 period was principally about clearing disclosure hurdles and preparing for capitalization and M&A; the company secured an exclusive placement agent (Boustead) for a planned $10M private placement .
• Regulatory milestone achieved shortly after the quarter: BYOC attained “Current Information Status” at OTC Markets, which may broaden investor access/liquidity and facilitate financing execution .
• Leadership transition risk emerged with the CFO’s resignation on Sep 29, 2017; investors should monitor finance function stabilization and reporting cadence .
• Absence of formal guidance and lack of line-item Q3 results in the SEC press release means investors must source detail from the OTC Markets quarterly reports to assess revenue trajectory, cash burn, and margins .
• Near-term catalysts revolve around successful completion of the private placement and any initial acquisition; management explicitly tied financing completion to first planned acquisition execution .
• For trend analysis, refer to Q1 and Q2 2017 OTC Markets filings (Mar 31 and Jun 30) alongside Q3, and cross-check any non-GAAP adjustments or reclassifications across those unaudited reports .
• Until guidance and consistent quarterly disclosures are furnished within SEC exhibits, position sizing should account for information risk and financing execution risk highlighted in Q3 materials .