Blue Line Protection Group Inc (BLPG)

[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.

[atom768]

Thanks King! I hope so... it seems like they have positioned themselves for a potential consolidation of businesses... I wonder how long the DEA and Compliance might take to figure out??

[King Dut]

Lets see if I'm right, news should start coming out very soon, and more often now, but will ultimately hinge on the DEA and BLPG compliance. DEA must buy off on path ahead, which will feed into an ultimate direction for BLPG, are my thoughts. Are they positioned correctly? Will they sell to a bigger more established party?

The BLPG footprint isn't very big yet, and many, many have a stake in this little outfit....my thoughts are it must continue to grow, before those that have a stake will let go of such, for the price they have in mind - my two cents.

all things we went over this last couple years, now coming to fruition, or soon will be.

[Biotechotcguy]

lol

[Pittsburgh Boy]

Visa is other? Haha

[allenc]

Just checked in and what a pleasant spike we had today. What is going on? Do not see any business updates today, but sure plenty of interest

[OMOLIVES]

No...I am sure that is buried.

[Biotechotcguy]

Because King Dut spoke

[4lmaral]

I don’t know what’s happening here because the SEC litigation against Galvin was on March 29. Why was the SP going up today?

[atom768]

It’s not really negative news considering Galvin has been out of the picture for a long while now.

But I’m not understanding the positive side of it either….obviously they don’t provide much insight outside the filings.

[solofox]

Soo number go up on negative news...?

[King Dut]

Yep, but remember MJ will never be an over the counter drug....DEA and banking dictates that (period dot dot). Compliance is key, and thus why I have stated many times that does NOT matter if rescheduled. I believe Galvan's adventure down this SEC path was a misstep, but has no direct impact - he will have to pay back, but he has a sizable interest that the end state happens.

[Looklook17]

This is happening at the same time that MJ is getting reschedule.

[atom768]

Thank you. I guess we will see….

When you say all connected are you also referring to the reclassification proposal of cannabis?

[Biotechotcguy]

What would a million + of volume do here holy shiat!!!

[King Dut]

All connected. If news comes out as suspected, then this will be over a dollar by weeks end...tomorrow will tell. Someone knows something, or this buying wouldn't be happening....same thing happened last time- nearly identical.

[atom768]

So do you think the timing of this potential news coming out is in relation the SEC going after Galvin?

[King Dut]

LOL - people buying up through .25 now. I suspect news coming out soon.

This site says we should be at fair value.68.

https://simplywall.st/stocks/us/commercial-services/otc-blpg/blue-line-protection-group/valuation

[Biotechotcguy]

Yeah that’s the reason lol

[atom768]

LOL. Yes this has been a long road to hold

[atom768]

LOL. Yes this has been a long road to hold

[Biotechotcguy]

Not leaking fast enough.

[Looklook17]

King comments.....
Got this going again.

[King Dut]

ya, I figured couple weeks, but news must be leaking.

[Biotechotcguy]

wtf is happening!.!.!!.!.

[Biotechotcguy]

I believe you touched on this a while back regarding going private being a bad thing. Do you have the post handy still ?

[pos_stock_hoarder]

Totally agreed. At this price level, it would be the second fraud!

[pos_stock_hoarder]

Based on the price action today, I just have to go with "paytience" and leave it at that! GLTA!

[King Dut]

Actually, could be - take a look at CERE, before Lad-o Lakes took them private. May change your mind- lol

[King Dut]

Looks like it may be beginning, thought this would take a couple weeks, hopefully all got their tickets.

[Biotechotcguy]

Going private would not be good for us common share holders.

[Biotechotcguy]

This could start getting interesting.

Just read all the Galvin ish. I’m at a loss for words but it is what it is.

Seems they only raised 500k for the venture fund, weren’t some saying it was worth hundreds of millions of dollars ??

[King Dut]

If private company we and many others will be bought out - and currently, that looks like a sizable amount - just like CERE. If not, will be huge. Lot of work went into this one...now wait and see.

[King Dut]

We always new Hypur was not the end state - read my past posts. We new BLPG, to Hypur to Other. Other as a private company. Look at the new articles(last year). BLPG I think is going to house an organization of companies that align with MJ. That is what I see. If I am right, then this is going to be a real interesting entanglement.

[Tmic75]

What did we miss?

[King Dut]

Buckle up - and now - finally - OTHER!

I think this is going to become a nice little gold mine - many key personnel have an invested interest.

[OMOLIVES]

Yes...it all comes out eventually.

[Looklook17]

We all did trust Mr. G.

[atom768]

many people including myself invested heavy here in part due to Galvin and his seemingly great track record of success.... I guess this sheds some light on the hypur lawsuit and his swift exits from hypur and blue line.... wonder how this plays into hyper ventures involvement/interest in blueline??!? other than the obvious outstanding debt and preferred shares.

[pos_stock_hoarder]

Well, isn't this special?

[atom768]

WOW - this is all very interesting... found this one too:

https://www.greenmarketreport.com/sec-goes-after-hypur-ventures-founder-christopher-galvin/

[Looklook17]

Let see what happens with my post.

[Looklook17]

https://www.sec.gov/litigation/litreleases/lr-25960#:~:text=The%20Securities%20and%20Exchange%20Commission,related%20to%20the%20cannabis%20industry.

[Looklook17]

https://www.sec.gov/litigation/litreleases/lr-25960#:~:text=The%20Securities%20and%20Exchange%20Commission,related%20to%20the%20cannabis%20industry.