Blue Line Protection Group Inc (BLPG)

[moneybags888]

Profitable and growing companies with great balance sheets and zero dilution must be overlooked down here ! Maybe if BLPG would put out countless bogus PRs and sell billions of worthless shares we could see a rise in PPS . But seriously I am baffled at the lack of interest.

[pos_stock_hoarder]

Here's to tomorrow!

[moneybags888]

It is baffling the masses miss this. I think it’s about to turn around though. Finally. $BLPG

[pos_stock_hoarder]

Further payteniece is needed. Another quarter or two and folks might realize that this is a functional company.

[pos_stock_hoarder]

Zero dilution is nothing to sneeze at!

[moneybags888]

They put out very little but always meaningful. Maybe frustrating to some because so many worthless ones in our catagory putting out anything for a rise in PPS so they can dilute. After many years $BLPG$ does not dilute period. Successful and ZERO DILUTION

[pos_stock_hoarder]

Agreed. Might as well keep holding. It was sure nice to see some good news!

[moneybags888]

We have not only survived , we have thrived in an industry that is still finding its footing with many fails. The PPS doesn’t show it yet but has little choice but to grow with the company and of course it’s way undervalued in my opinion. Paytience for sure now !

[pos_stock_hoarder]

We can certainly hope that this is a new beginning! GLTA.

[moneybags888]

Impressive. Looks like we are doing quite well. BLPG$ Only going up from here. Nice work.

[Biotechotcguy]

$1.4 billion in 2023 and growing….. the stock price doesn’t reflect shiat tho.

[Tmic75]

Yeah.

[pos_stock_hoarder]

Blue Line Protection Group Provides Financial Review
BY GlobeNewswire
— 4:50 PM ET 04/24/2024
Denver, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Blue Line Protection Group Inc. (BLPG) is pleased to summarize the 2023 financial results. 2023 was a profitable year for the Company, as shown in our 10K filing. Revenue grew by 13% respectively, and operating income rose to an impressive $762,713. Total assets grew by $478,493 and shareholders deficit was reduced by $518,470. Additionally, the Company processed over $1,400,000,000 in cash pickups throughout 2023, with that number anticipated to increase in 2024.

As our presence and reputation has become more established in the State of New Mexico, our clientele has continued to grow, with new banks and clients being onboarded weekly. Compared to the prior year, 2023 saw over a 1000% growth in revenue in this market.

Our Arizona branch continues to produce strong revenue numbers, as the medical and recreational shops in the industry post impressive sales numbers. Being an industry leader in the State of Arizona, the Company transports over 70% of all the legal cannabis sales for deposit verification and transportation to the Federal Reserve Bank.

Colorado and Nevada continue to produce as mature markets, and have seen the industry consolidate. The Company continues to lead with a superior service and safety reputation, and therefore continues to grow, onboarding clients monthly.

For questions or more information contact:
Dan Allen
Blue Line Protection Group, Inc. (BLPG)
844-5576

Image: https://www.globenewswire.com/newsroom/ti?nf=OTEwNTUyNCM2MjE4MzA0IzUwMDA2NTA0NA==
Image: https://ml.globenewswire.com/media/YTA5Y2FiN2MtY2Q5My00NGY4LWE0ZjQtMWI4NmQ2M2VjNGY1LTUwMDA2NTA0NA==/tiny/Blue-Line-Protection-Group-Inc.png

[Tmic75]

How do we get the annual added to the news section here?

[Biotechotcguy]

They need to start buying back shares. This is ridiculous!

[pos_stock_hoarder]

[Tmic75]

How we doing folks.

[OMOLIVES]

No...they just can not scale given the climate

https://mjbizdaily.com/united-states-cannabis-business-licensing-declined-for-first-time-in-2023/

Look at where they service. They have to get rid of their debt and have market conditions improve..and maybe they can attempt to scale . Their previous attempts were lacking. Reefer has been dead for a while...so more consolidation...and whoever is left after will win out for the most part.

[no_ur_stox]

How would this be an incentive, as it's quite evident that management has no regard for the shareholders!

If you look at the latest 10-K, one can see that although the bottom-line figures have improved, growth is still at a slow pace...could this be attributed to a lack of promotion/advertising?

Possibly this tells a story: Advertising expense for the years ended December 31, 2023 and December 31, 2022 amounted to $5,527 and $9,808 respectively.

[pos_stock_hoarder]

You'd think that the share options would motivate him to increase shareholder value!!!!!

[Biotechotcguy]

Anyone here try reaching out to Dan yet? It looks like he gave him self a nice pay raise and he’s sitting on a good chunk of share options.

[pos_stock_hoarder]

I feel I'm one of the denizens of the Island of Misfit Toys. When is Santa coming!?

[Tmic75]

Agree

[Biotechotcguy]

There’s A LOT of pinks with Zero revenue and hundreds of millions of shares with way higher market caps lol. This is outrageous for sure

[pos_stock_hoarder]

We are trading at a PE of 1.whatever. Volume? Wow. What faith the market has in this one. Yet is is a whole lot better than a lot of other stinky pinkies. I give up.

The volume has spoken.

[Tmic75]

https://archive.fast-edgar.com/20240401/AW22722CZC2RQ2N2222Q2CY2RCH37Z22Q262/

[Biotechotcguy]

Yup. But SP is still shit.

Only one winning here is useless ghost DOYLE KNUDSON getting paid back.

[4lmaral]

I know but nothing happens. I keep waiting.

[Tmic75]

Looks good

[4lmaral]

10-K out

[pos_stock_hoarder]

BPLG and mgt. are number one! Um, make that number "two".

[Biotechotcguy]

You mean the greatest POS of all time with the worst KRAP CEO and BOD of all time.

[OMOLIVES]

The greatest "operating" shell of all time...lol. It is what it is..

[4lmaral]

The last 10-K was on 3-31-2023. We’ll know soon if this company is still in business.

[pos_stock_hoarder]

Rumor has it!

[Biotechotcguy]

Is this “company” still in business. ?

[Biotechotcguy]

$0.03

[pos_stock_hoarder]

I can't argue that.

[no_ur_stox]

It's quite evident that shareholders and/or the public has NO confidence or interest in BLPG...if they did, the stock would been gobbled up quite some time ago, especially at levels below .50!

[pos_stock_hoarder]

If the management's (I use the term loosely) slacker behavior wasn't so clear, I'd say, "Load the boat!"

Can't say that though.

On the plus side, this is my last-of-2 pennies. Jez, took me long enough.

Just holding for now. Why not? Miracles can happen.

[no_ur_stox]

It's VERY evident that the stock (itself) is virtually dead, and has been so for some time...clearly evidenced by the numerous trading days with volume less than 1000 shares traded! THIS IS OUTRAGEOUS AT BEST!

Time for BLPG to pay attention!!!!

[Biotechotcguy]

I almost have a feeling it was done on purpose so they can dilute the stock. Just my opinion.

[DebsP]

Personally I do feel it was on purpose. Do you think they are pushing us out so they can do a buy back of the stock?

[Biotechotcguy]

If there is I’m IN !!! Enough is enough with these pompous clowns. Dan and Doyle must be made examples of ! They both need to be ousted.

[Biotechotcguy]

lol rs into what. The authorized is already small.

[DebsP]

Yeppp…I will lose my shit if there’s another RS!

[DebsP]

Do we have a case for a class action law suit? It seems BLPG is manipulating our stock value? Is this possible?

[no_ur_stox]

All very good points!

In all my years investing/trading in the market, I have NEVER witnessed anything remotely resembling what has transpired in the past 2 years...it's almost as if it was purposely done. (I'm not saying that there's proof of this, but it's so extraordinary that one starts to make this assumption)

If you really think about it logically, what's the point to keeping BLPG public, as the company in many ways is being run antithetical to a publicly owned company - why not go private or simply look for a company to merge with at this point????

Bottom line: IMO, the disregard for shareholders is rather obvious and not emblematic of a CEO or Board taking their fiduciary duties seriously - this is in no way how you run a publicly traded company...PERIOD!

[pos_stock_hoarder]

Good question. They either don't have the scratch or they know that our final destination is 0.00000.

TBD, I guess.

[NocRob]

Market cap of $220k. How has the Company not announced a share repurchase program? How has BCO not bought this company? How is no one at the Company communicated their complete and utter embarrassment for how this has been run into the ground?