Blackcraft Cult Inc. (fka BLCK)

[Renee]

BLCK registration revoked:

https://www.sec.gov/litigation/opinions/2020/34-90605.pdf

[Renee]

BLCK FINRA deleted symbol. ***Awaiting SEC A.L.J. registration revocation

https://otce.finra.org/otce/dailyList?viewType=Deletions

[lucky, mydog]

https://www.sec.gov/litigation/opinions/2020/34-89463.pdf

[Renee]

BLCK SEC Suspension for delinquent Financials:

https://www.sec.gov/litigation/suspensions/2019/34-86514.pdf

Order:

https://www.sec.gov/litigation/suspensions/2019/34-86514-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2019/34-86513.pdf

[otcbargains]

LOL WOW! O.k. I stand corrected. Not my cup of tea. I wish you well.

[protagonist12]

Okay well that's cool, you do seem to look for OTC values plays so I'll take your word for it. Calling it the most overvalued co. you've seen though, I simply don't believe it. You've been around far too long and seen way too many turds. You want to see overvalued? Check out JIDG, a grey sheet shell with no assets with market cap currently over $3B.

[otcbargains]

I Know a thousand OTC companies that are profitable and they don't trade at a p/e of 1000 like this one does. LOL

[protagonist12]

Here is historical volume: obviously insiders don't care about selling. Not that it makes a good investment but company is profitable and growing fast- not many OTC companies can claim that.

http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=50650&i=BLCK&pv=stock-chart&puv=110794#&&vs=635751787944686369

[otcbargains]

LOL ok. Just saw it reading quarterly reports and thought what a piece of shat.

[protagonist12]

Sure it's overvalued but look at historical volume. I would be surprised if the float was over 5000 shares.

[otcbargains]

It is the most overvalued stock I have seen. That balance sheet is surpassed by SCRH trading at .02.

[protagonist12]

I wouldn't call it a turd, balance sheet is strong and growth is high. This is a real company, not some garbage OTC promo. The problem is of course the fact that insiders will not sell any shares keeping the market cap artificially high for what it is.

[otcbargains]

How is this huge turd trading at this ridiculous market cap?

[protagonist12]

BLCK when is this profitable Black Metal clothing co. going to start selling some shares? Hint: some people might actually want to be shareholders here if it wasn't for the insane valuation. I'd buy in the .01-.02 range, that's still over a $2M market cap c'mon guys that's what your co. is worth on a good day! What was the point of going public if you never plan on offering shares?

[grinchstyle]

LOL. I'm assuming most of the volume we've seen here has been wash trades.

No way I'm buying this above $.10

[Big Brother]

Can't believe this isn't .05 cents by now, still no dumping whatsoever. Do they really think anyone in their right mind is going to pay $5 for this with 6,666,600,000 shares authorized...WTF....lol.

I mean this is one is sort of interesting but lets get real a billion dollar market cap for a little t-shirt company is insane.

This might have some decent liquidity under .15 cents but @ $5 even a $1+ million dollar promo won't bring much interest here IMO.

[protagonist12]

BLCK now ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.

https://www.otcbb.com/dailylist/txthistory/BB07252014.txt

[bigfish1972]

I see this just got certified OTCQB:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=123003&utm_source=twitterfeed&utm_medium=twitter

Keeping it on watch!

[protagonist12]

A billion dollar market cap for a Black Metal clothing company? Lol you gotta be kidding.

[FLIPPERT23]

Looks like they have a nice roll out coming.

[FLIPPERT23]

Putting this on my radar.

[Big Brother]

It'll trade, question is will anyone be able to make any money besides the insiders...lol..?? I have no clue why they went with such a huge f/s and increase in authorized, it's obviously being set up for a promotion but I'm not sure if this company is 'pumpable' enough to pull off a good one.

With this p&d type share structure it should be liquid, however, it it just seems to me like a big mistake on their part to do it that way.

Then again it could run if they can manage the dilution properly but they are going to scare away a lot of folks with that ridiculous number of authorized.

[grinchstyle]

Paper certs for stock they are about to dump...lol.

Will they even let this stock trade?

[Big Brother]

Was looking at their Twitter page today and ran across this picture of the Blackcraft President and CEO with Kerry King guitarist and founder of the 80's thrash metal band Slayer.

No clue what the piece of paper the Pres is holding but it's probably safe to say it's not a gift certificate to Chick-Fil-A....lol.....maybe some sort of endorsement deal..??

[Renee]

MRCD changed to BLCK:

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/07/2014&mkt_ctg=OTCBB

[C-Money365]

I will be following this. When do they begin trading?

[jettson]

I really like these guys ... theyre damn serious. 6.6 Billion shares might be a little brash. A $3-5 price target putd the Matket Cap at as much as $30+ Billion?!? On Hail Sayan Mugs and 666 hoodies?

Yeow! I still dig it. Could be a grave im digging.

[Big Brother]

It will be interesting to see what price it starts trading at, I like it but I'm not going to over pay, especially with 6,666,600,000 shares authorized.

[jettson]

Hey all, count me in. This is a unique one.

[Big Brother]

Hey that should be their new ticker symbol...EVIL.

[Big Brother]

Looking forward to this one.

[Big Brother]

8-K out today.

The Blackcraft fins look pretty solid IMO, nice revenues, profitable, no liabilities, can't ask for much more than that from a smaller, niche company like this.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9896949

Revenue

Product sales
$ 1,175,655
Shipping income
191,451
Total revenue
1,367,106

Cost of sales

Product cost of goods sold
368,663
Shipping costs
171,988
Total cost of sales
540,651

Gross profit
826,455

Operating expenses:

General and administrative
222,098
Executive compensation
175,000
Depreciation
428
Total operating expenses
397,526

Net income
$ 428,929

[Big Brother]

Not yet. Wouldn't be surprised to see a stock promotion here when it does though.

[usmcallen]

Is this trading yet?

[Big Brother]

News

Started the business with $100 bucks out of someones attic and now doing over $1.3 million in sales....not too shabby for a couple young, tatted up, punk rockin', wiches....lol....j/k.

Blackcraft Inc. Announces Forward Stock Split

Blackcraft Cult, Inc. (OTCBB:MRCD)
Intraday Stock Chart
Today : Friday 28 March 2014

Click Here for more Blackcraft Cult, Inc. Charts.
ORANGE, Calif., March 28, 2014 /PRNewswire/ -- Blackcraft Inc. (formerly Blackcraft Emoji, Inc.) (OTCBB: MRCD), a recently formed media company and lifestyle apparel brand, today announced a 66.6-for-one forward stock split of its issued and outstanding common stock (the "forward split") subject to FINRA approval.

Blackcraft Inc. Announces Forward Stock Split
Based upon the company's expected growth rate over the next five years and using a discount rate of 11 percent, Blackcraft Cult expects an initial stock value of $3.00-5.00 per share. That figure reflects the 66.6 for-one forward stock split.

Blackcraft Cult's common stock will begin trading on a post-split adjusted basis on the OTC Bulletin Board (OTCBB) under the ticker symbol MRCD.

"Today represents a huge milestone for our company," Co-Founder Robert "Bobby" Schubenski said. "We feel very strongly about the brand that we have built and the announcement of our forward split is the natural next step in the evolution of Blackcraft Cult as we continue our pursuit of becoming a brand that is recognized worldwide."

Since launching in July 2012, Blackcraft Cult has quickly grown from an in-demand apparel brand to an emerging and innovative technology company. The company has plans to launch a messaging app called BCC Messenger in April, which will feature "emojis" and themes popular with Blackcraft Cult customers. Through an organic, grass roots approach, Blackcraft Cult's message and product suite have quickly gained acceptance and spread throughout the music, fashion and tattoo communities, gaining credibility and admiration across the globe. Blackcraft Cult has a band of staunchly loyal fans and a social media network encompassing over 15 million followers.

"Our brand may showcase dark imagery, but it's powered by a bright, positive message," said Co-Founder James "Jim" Somers. "We have always encouraged our followers to 'believe in yourself and create your own future' and feel that today's announcement will give our loyal supporters an opportunity to become a part of the Blackcraft Cult family in a whole new way."

Shareholders holding common stock will not be required to take any action and each share of common stock outstanding prior to the effective time of the split will thereafter represent the number of shares of common stock, on an adjusted post-split basis, following the effective time of the split. Shares of common stock held in brokerage accounts should also be credited with the split amount without further action. For more information, brokerage customers should contact their brokerage representative.

About Blackcraft Inc.

Blackcraft Inc., also known as Blackcraft Cult, is a rapidly growing media company and lifestyle apparel brand rooted in the ideal that self-realization is superior to religious indoctrination and other society enforced norms. Founded in 2012 by Bobby Schubenski and Jim Somers with an investment of $100, the company had revenues of over $1.3 million in its first 12 months of operation. The company features a product line consisting of a variety of web-based apps, apparel, branded accessories, candles and coffee. The company boasts an impressive social network of over 15 million followers and growing as of March 2014. For more information or to view available products, visit www.blackcraftcult.com and www.instagram.com/blackcraftcult.



SOURCE Blackcraft Inc.


Copyright 2014 PR Newswire

[Big Brother]

Number of the Beast

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9883818

On March 27, 2014, , the Company effectuated a 66.666 to 1 forward split (the “Forward Split”) of its issued and unissued common shares as of April 7, 2014, the record date. As a result, once the Forward Split is declared effective by the Financial Industry Regulatory Authority (“FINRA”), the issued and outstanding shares of common stock of the Company will increase from 744,750 shares prior to the Forward Split to 49,649,504 shares following the Forward Split. The number of authorized common shares will increase from 100,000,000 to 6,666,600,000 common shares. Fractional shares will be rounded upward. Each shareholder of record will receive a dividend certificate, rather than surrendering outstanding stock certificates. The Certificate of Change specifies that the effective date of the Forward Stock Split with the Nevada Secretary of State is March 27, 2014; however, the effectiveness of the Forward Stock Split is subject to approval by FINRA.

[grinchstyle]

evil lol

[Renee]

Merculite Distributing Inc. changed to Blackcraft Cult Inc.:

http://www.otcbb.com/asp/dailylist_detail.asp?d=03/26/2014&mkt_ctg=OTCBB

[Big Brother]

After looking at this a little further I don't think they are actually satanists but probably just atheists or anti-religion.

According to this article they started the company with $100 bucks and it has grown into the most popular underground clothing line.

http://theghostchantmusic.blogspot.com/2013/08/interview-with-bobby-schubenski.html

[TraderTrisha]

Their product line surely has a good niche market which could be worth a play.

Float is small enough to make it interesting as well.

Website gave me some cool ideas for a new tattoo

[Big Brother]

lol...agreed, can't say I have ever run across another Satanic worshiping company before, however, I guess one could argue that most penny stock CEO's are actually the 'spawn of Satan'.

Whatever the case the products look pretty popular so I'm watchin' this. Honestly it doesn't really matter to me what ones religious and/or political views are, if I see an opportunity to make some money I'll invest.

[TraderTrisha]

Pretty Grim

[Big Brother]

Looking at this one.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9865073

http://www.blackcraftcult.com/

https://www.facebook.com/BlackCraftCult

https://twitter.com/BlackCraftCult