Blue Line Protection Group Inc (BLPG)

[moneybags888]

Thats the way I take that also. This could be good news. We need money to grow and we are growing, maybe much faster growth is coming. $BLPG$

[Biotechotcguy]

They planning on adding shares unless I’m reading this wrong

Denominator:
Weighted-average shares of common stock 8,250,144
Dilutive effect of convertible instruments 14,902,636 -
Diluted weighted-average of common stock 23,152,780

[Majic]

But seriously now, Will BLPG reach $1 again?

[Majic]

Will BLPG see $10 in 2024?

[4lmaral]

http://archive.fast-edgar.com/20240510/AW2E722CZC2RQJVZ2K2A2ZY2NCQ3ZZ22Z262

[Tmic75]

Anyone?

[Tmic75]

The Q

[no_ur_stox]

If you consider the current MC: $1.081M, this alone should attract investors here...NO dilution is also a HUGE plus!

With an OS at 8,250,144, this too should be a magnet...how much would it take to get back to the $1.00 level. IMO, with sustained volume (in the 50,000 - 100,000 range) the price would be back at the $1.00 level rather quickly...from there the interest and volume I believe would increase!

[no_ur_stox]

With all the excitement, BLPG is still extremely undervalued: based on the recent 10-K, revenue per share is .53, and looking forward trading at a (2) multiple of revenue at approximately $1.00 is still conservative...how many OTC securities out there actually generate REAL REVENUE????

If you look at the posts, same people, which equates to low volume...although there was a couple of days of increased volume, we see the volume dramatically drop off again. Allen MUST consider a reasonable legal marketing strategy to generate not only interest, but more importantly to let the public know that BLPG is actually a legitimate OTC company that generates revenue...this too would greatly benefit those working at BLPG!

If the word doesn't get out, I'm afraid the price will continue to fall once again!

[moneybags888]

If he has left us, RIP Harold. I will miss him. Very sad. I’ll discuss $BLPG with him when I talk to him again. G-dspeed Harold !

[Biotechotcguy]

He took his secrets with him I guess. No one will ever know

[pos_stock_hoarder]

His REAL motivation(s) he never revealed.

I'll leave it at that.

[Biotechotcguy]

lol he’s looking down at us (or up eek) laughing either way. Telling us he was the only one right here all along

[pos_stock_hoarder]

More likely that wild run up and the crash back down would be more to his liking.

[Biotechotcguy]

Damn RIP Harold. Hopefully he made it to heaven and can bring BLPG up to God for a miracle to us that were able to deal with Harold’s shit.

[Richard T]

I never could figure "Help Me" out

[pos_stock_hoarder]

Per IHub, yes.

Someone close to him had to report it to them for the little black symbol to show up under "About" on his profile.

[Biotechotcguy]

He died ?

[4lmaral]

If it’s true, RIP.

[pos_stock_hoarder]

Oh, apparently not. Just found this.

https://investorshub.advfn.com/boards/profilea.aspx?user=114260

[Biotechotcguy]

Cierra tu puta boca, maricón y sas te sentiras mejor

[4lmaral]

Me parece que el que está estresado y molesto por los años que tiene esperando a ser millonario eres tú. Yo ya di por perdido ese dinero y lo que he hecho es esperar. No soy experto en esto ni mucho menos y por eso pregunto. Pero tú no haces sino denigrar de todos lo que dan una opinión. Me parece que el maricon eres tú. Y no te molestes en contestar pues no voy a caer en tus estúpidas provocaciones.

[Biotechotcguy]

Paid crybaby* not paid basher.

[Biotechotcguy]

I’m not angry just tired of seeing you in here whining like a crybaby maricon!! You could have sold at $0.30 yesterday how bad is your average $4 or something unless you’re just a paid basher or someshiat cause man you cry maricon!!!!

[4lmaral]

Are you angry? Email him yourself.

[Biotechotcguy]

EMAIL DAN THEN!!!

[4lmaral]

I’m not crying Bio. Nobody knows what’s happening here. Pure speculation and theories.

[Biotechotcguy]

Dude get the F out of here. When the party was going you were nowhere to be found now you’re here crying you should have sold!!!!

[4lmaral]

Apparently the party is over.

[4lmaral]

I know that but why someone after these years could have been interested on BLPG if what you’re saying is right?

[4lmaral]

And the question is why the movement in the stock price?

[BLPG.INC]

I am absolutly agreeing at this point. We need to get these old man out of the company. First we need to vote out the directors at the next shareholder event, at least Doyle and Dan. Bio or MB could do the job maybe aside to berman. But Dan and Doyle need to get out. You need the bad habit of Doyle cuz he wants his note to be repaid before the hypur note which is a convertible. With the current repayment plan the Doyle note is repaid in 2 years but to repay the convertible is more important for the shareholders. I think the old guys planning to stay to 2027 which is the expiration to the incentive options. LET THEM VOTE OUT!!!! The new directors then will vote preston as new CEO. Ask yourself what happened to DeVoe? Why he has for example no incentive options? The old men are not fucking with me again!

[BLPG.INC]

The employee stock options have a strike of 21 Cents end have a maturity till 9/2027. Right now there are round about 3M offered to the directors. In case Berman finds a buyer for the company he would get more options as incentive. But i think the calculation with the incentive plan for the stock options includes an error.
The last 10K stated:
"Equity Compensation Plan
Up to 15,000,000 shares of common stock are reserved for issuance under our 2014-2015 Stock Incentive Plan (“the Plan”)." From this 15M, 7.7M are available for Options."
Now to my point: The RS in the year 2021 affected all stocks, options and warrants and the Authorized Shares. Lets have a look at their 8k for the RS at 3/2021:
"Capitalization. The Company is authorized to issue 1,400,000,000 shares of Common Stock and 100,000,000 shares of preferred stock. As a result of the Reverse Stock Split, the Company will be authorized to issue 14,000,000 shares of Common Stock. As a result of the Reverse Stock Split, there will be approximately 8,482,574 shares of Common Stock outstanding (subject to adjustment due to the effect of rounding fractional shares into whole shares), based on the ratio of the Reverse Stock Split of 1-for-100 from the current 848,257,427 shares of Common Stock issued and outstanding. The Reverse Stock Split will not have any effect on the stated par value of the Common Stock or preferred stock. All outstanding options and warrants will be given effect to reflect the 1 for 100 Reverse Stock Split. If the Reverse Stock Split would result in less than one whole share for the holder, the Company will round such Reverse Split Shares to a minimum of one whole share.
The Reverse Stock Split will not affect the Company’s authorized preferred stock. There are 20,000,000 outstanding shares of the Company’s preferred stock. After the Reverse Stock Split, the Company’s authorized preferred Stock of 100,000,000 shares will remain unchanged."
So only the preferred shares are excluded, not the commons and options. From my point of view the original incentive plan needs to be adjusted for the RS as well. so the 15M shares becoming 150K. In the time the Incentive plan was created (2014/2015) the company had 1,4B authorized shares, so the relation between AS 1,4B to 15M incentive shares is different as to AS 14M to 15M incentive shares. And we could see they used the 15M Incentive shares in their 10K before the RS for example in the 10-K from 2020 you find the 15M incentive shares at page 17. So i think we could challenge this topic with their auditor. I dont like to be scamed again here. I know they have a S8 from 10/13/2022 i will digin deeper into this one too.If someone has the original incentive plan i would appriciate to have a look on it.

[allenc]

Insiders warrants/options have a strike price of $.21, correct?

[BLPG.INC]

Hey guys I dont want to ruin the party here and as i mentioned i have enough skin in the game here from 2021 so i would be more than happy to see 1 dollar again. Right now i am really worried about the hypur convertible note.
As I checked the old 10Ks, all of blpg´s dilution mess was caused by convertible notes.
In the last 10K I saw a difference in the wording compared to the financial statements before in relation to the hypur convertible notes. As we all know blpg made an agreement in jan 2022 to repay the debt, so i thought everything is fine. But in the last 10k you will find the new phrases in relation to the remaining three hypur convertible notes:
1. "Although Hypur Inc. has notified the Company that the notes were in default as of September 1, 2022, it is the Company’s position that the notes are not in default. Nevertheless, the Company began accruing default interest of 12% per year as of September 1, 2022.", 2. "Although Hypur Ventures has notified the Company that the note was in default as of January 2, 2022, it is the Company’s position is that the note is not in default. Nevertheless, the Company began accruing default interest as of January 2, 2022.", 3. "Although Hypur Ventures has notified the Company that the note was in default as of January 2, 2022, it is the Company’s position is that the note is not in default. Nevertheless, the Company began accruing default interest as of January 2, 2022."
These notes are convertible at 5 Cents and have a remaining value of 638,500 which give us almost 13M new dilution shares, and as i mentioned the value is rising bc of the accruing default interest. Yeah i hope we dont get fucked here again and Dan could repay this note as soon as possible. I think with this whole Galvin mess hypur venture lost his track as friendly partner.

And for King Duts conclusion that a lot of insiders invested in blpg, this isnt true: In the last than 10k there is the following hint: "The aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant as of June 30, 2023 was approximately $1,144,000."--> The stock price at June 30,2023 was 0,1389 (EOD) which lead us to a market cap of 1.146,759 mulitplied by the OS of 8.250k shares. So the whole OS is held by non affiliates, like us retail.

Again wihout the convertible and with a positive equity in the next 2 years is see this clearly above one dollar, if they could grow maybe above 2 dollars but all this without dilution. This fucking convertible in relation to the hypur/galvin mess and the new wording in the 10k make me nervous. Lets pray and are hoping that Dan is doing a better job like tha past time as the cilution mess began

[Biotechotcguy]

Agreed on the fair value part. This has been grossly undervalued for some time now. We should be hanging around $0.68-$1.20 right now as is.

[Biotechotcguy]

IF DAN ALLEN DOESNT DROP NEWS TO KEEP THIS MOMENTUM GOING I WILL PERSONALLY MAKE SURE WE GET ENOUGH VOTES TO GET HIM OUT

BLPG SHOULD ALSO BE BUYING THEIR OWN SHARES TOO LIKE MANY COMPANIES DO

[atom768]

Wouldn’t that be an ironic way for this stock to run!! LOL

Zero Marketing or effort to appreciate share price by management and a bunch of pumpers jump on it.

[4lmaral]

I think that Harold is buying. lol

[Biotechotcguy]

Get ready for a wild ride. BLPG is catching attention on some discords.

[Biotechotcguy]

I think Berman is the reason for a lot of the movement (expansion into NM etc)

[atom768]

In terms of the cash transport business and organic growth to get "on the radar" for investors it seems to be a VERY long road...Plus, look at who is currently managing day to day (Dan Allen) who seems like a band aid to me....

I think there two major potential paydays here are:

1. Blue lines compliance and relationship with the Federal reserve and government agencies... are they in a position to have a proprietary compliance technology that will comply and work with government agency once things are put in motion?? That could be HUGE...

2. The obvious consolidation of business in a perfectly set up shell - gotta think those would/could be connected to some of the major stakeholders from Hypur Ventures. Also, where would Berman play into this??? he was brought on later in the game and have heard almost nothing ....

Just my thoughts currently...

[Biotechotcguy]

This thing can fly up fast we just need more volume !!

[King Dut]

LOL, just means apart from everything else, still a bumpy ride to go. Remember many shares still owed as well from BLPG.

[BLPGInvestor]

This is from their 10k:
Equity Compensation Plan

Up to 15,000,000 shares of common stock are reserved for issuance under our 2014-2015 Stock Incentive Plan (“the Plan”).

Do we know if the incentive options for the directors are counting to this?

Further I saw on otcmarkets we have more than 600k restricted shares but I couldn’t find anything in the 10k about that! Any clue about the unrestricted shares?

[BLPGInvestor]

We had a volume of roundabout 300k shares with an average price around 10cents that is 30k usd. This is still nothing. I think some Degens here from this board bought most of the stocks today. The news were out since a month and this board become aware yesterday.

[BLPGInvestor]

The good old times *lol*.

[BLPGInvestor]

Let’s see what happens. I am an Investor from the 2021 mess, so I am deep under water. Hope they could cut their ties to Hypur as soon as possible. The repayment of the convertible note should be priority #1. unfortunately I saw a increase in the hypur note from the last 10k. It seems the Knudson note is the one which first gets repaid. Further don’t forget the options for Dan, Knudson and Berman. These options have a strike at 21cents and they have right now more than 3 millions. If they excercise these options and sell the 3M stocks it could end ugly. I don’t trust the management one second. Remember Dan was the dilution King and Knudson has too strong ties to Galvin, I only say CGDK, LLC. I think this board here own more than 50% of this company, we should vote against these Directors next time and promote ourselves (Bio and Moneybag for examble, you are good guys) and than kicking out Dan as CEO and vote in Preston as new CEO. Than paying back all the toxic debt and especially the hypur convertibles with first priority.

[Biotechotcguy]

Huh??? LMMAAOOOO Dude you always come in here typing a whole lot of nothing and giving zero links …. Just a bunch of word salads lol I can’t fake you serious.

[King Dut]

Good question, my thoughts are we need to look at the tax base, if done properly - without the money laundering aspect as a worry, then all 15 U.S. Departments, and the 151+ U.S. agencies would be offset by policy and in many respects a piece of this puzzle. Think about it, when was the last time so many agencies had a like type position? FDA- food, DoA- crop, All (every) law enforcement agency from common police through secret service (yes a money laundering agency, not just body guards-lol), DoD for vets, DoE, due to by product/fuel, clothing, medical....the list is huge, I read an article that showed 35 or 36 directly affected agencies, with something like 100+ with major minor touchpoints. One ring to bind them all-lol

Putting a policy together to justify all the different players is hard, and is not as simple as many are thinking it is. Remember gov agencies are VERY protective of their playing fields. Very.