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Good morning,
I understand the X messages we get from the company and the most recent is by far quite promising. However, I generally don't accept them as nothing more than keeping us abreast of things to come. Now, with that said and the last email received from the company was back on May 30, tells me we will be getting an announcement on some major news. I feel that we are about to get another contract announcement maybe this week or next week before the August financials.
Silence is Golden.
Have a good day
varok
Nice update varok & a nice scenario on "Dumb Question" 
The Sunday Newsletter 7/21/24 - BLEG,
Well let's start with last week's trading session. Overall, we held up quite well considering, but believe we maintained from the bottom falling out at .0011 where we held and towards the end of the week closed .0013 with a modest few going off at .0014. Many trades last week were in the 5th decimal range followed by regular retail trade. Here is a recap of what I reasoned for this trading pattern, and we hit a larger volume than usual and I believe what has been transpired form these multiple trades.
My recap of these trades from 7/17.
" I am going to make a bet that the company is countering the conversion from D with a share buyback and why I think the DTC as my synopsis from my last post seem to suggest that they are having settlement issues and why no update on the transfer agent. I generally feel we are going to have a positive outcome. I'm not concerned with the conversion since this company still has one of the most attractive share structures for a pinksheet company.
My reason is that there are too many trades going off in the 5th digit and countering into buys. 5th digit trades are first initiated by wholesale i.e. institutions, and can move onto retail, but on the most part these trades are conversion/dilution whatever, but in our case, I believe the company is countering with a buyback initiative. I have trades in at .0012 yesterday and the initiated trade was a 5th at .00115 and my execution was filled on .0012. Now that sell at .00115 came from wholesale entity but have also witnessed it in the reverse, meaning the company has to buy back on the open market and can denote as retail.
If you are a tape watcher notice all the 5th trades following a 4 decimal after each trade in consecutive multiples going off, meaning wholesale to retail in multiples, those denote institutional involvement."
Now I will address Mr. PROPHET-of-PROFITS post of July 20th.
"DUMB QUESTION
why not just buy out the d holders?
Otc play book.
Dave will buyback stock on the cheap. Issue the d shares and then pump the stock so they can dump for more than he would or could pay? "
Actually, it isn't as easy as that. These D holders are now independent holders and to their right, they would be better served to sell into the market on given days. Also, all buy backbacks/retirements have to be purchased from the open normal trading session in a given day. They just can't go back and tell the note holders they will back the note on a pregiven amount when the note was established from past amount and monies based on these past amounts been executed in the post/merger agreement. The only recourse for the company is a cancellation of any outstanding conversion note, of course this only can happen with the note holders in agreement and that is unlikely since the agreement was established as a promissory note within the agreement with the merger within the corporate structure into BLEG.
The simplest way is the company buying back shares and sending them into retirement, which I mentioned form my above post believe this is what the company is doing with the multiple trades that went off last week on the 17th and18th when volume was unusually high.
I like how this company is handling the issue thus far and feel let the issue run its course so we can move into fall with a more complete setting that maintains a level of transparency and ROI for us all.
I like this company more now than the past and feel that we have a very good opportunity to move into the growth period as we go into fall with these conversions behind us. Also, we will be getting the next quarter financial around mid-August and really feel this report will give us some nice numbers and a new direction in the share price with higher highs through the remaining 2024 calendar year.
As I have mentioned in many of my posts that this is one of the best pinksheet companies with absolutely an attractive share structure and the transparency from the CEO is truly a blessing in this very unpredictable penny arcade where obscurity is a normal business practice.
I have also stated that current situation within the realm of the daily trading session allows us to require additional shares at a bargain. I strongly believe that the current trading session is a strong buying opportunity all the way up to .002 and the target is .01 by the end of 2024.
I'm very optimistic on the near-term future of BLEG.
Have a good day
varok
Is it me, or is this some kind of wonderful?
100 Kilos = 220 Lbs.of Delta 9 Monthly
400 Kilos = 881 Lbs. of Delta 8 Monthly
300 Kilos = 661 Lbs. of THCa Monthly
I'm thinking this must add up to some serious Coin on a Monthly basis!?!?
Pretty positive to me, Dave posting this,
and just to reaffirm:
*Authorized is not being raised
*No reverse split unless to uplist
*Retirements will offset conversions
It will start moving again sooner or later.
Been adding more. Seems like conversions are nearly done
BLEG $$$
glad to have you here until then. always stick to your convictions. good luck
GTSM has a almost 9 mil block at .0014
Thanks varok we all are looking forward to getting to the penny mark and beyond.
That is awesome! Like I said before as long as the O/S and A/S stays below 1B our projected share price target after the Q2 numbers are released should be .01 or even higher.
They added a few restricted shares but still below 900mil.
Cuz we are waiting for TA to update and the post says what it is till the TA stops sleeping
Good morning,
Agree absolutely! This tweet is the most telling next to the share update. The effort in transparency by this CEO is just remarkable.
Can't wait to see the next quarter financials around August 24th or there abouts on some numbers. I believe the financials will show significant results. These monthly numbers show real growth.
Also believe he is in buyback mode as well. It is looking really great for us.
This company is an absolute buying opportunity on any purchase under .002. This would give it a MC of 1.7m$. Way undervalued to say the least.
This fall is going to get really exciting.
I'm buying at this range again.
My target of .01 still stands and now feel it will go much higher.
Have a good day
varok
I call all this extremely positive.
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CEO
David (Dave) Oswald, a dedicated professional with a passion for sustainability and a strong academic background in scientific disciplines. With an Associates of Sciences in Business Administration and a Bachelor of Sciences in Environmental Science and Micro and Molecular Biology, Dave has developed a diverse skill set. His experience encompasses laboratory work in genetics, biology, chemistry, and engineering. Through partnerships with non-profits, universities, and government departments, Dave has demonstrated a commitment to implementing sustainable practices that enhance efficiency and reduce costs. With his scientific expertise and dedication to the environment, Dave is a valuable asset in driving positive change and promoting a greener future.
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