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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
Good morning all, have a good feeling about this week for updates, let's build some strength moving forward.
$BLEG
Good morning Yall
will catch up later with all the other post a little later.
Cry baby is still crying because does snot believe that theshare count is real,
not sure why he does this other haan scare people out of their shares.
Hopefully that pump is coming soon
I believe Dave will do right by the d holders. Believe there will be some good flips with bleg. Imo bleg will always come right back down
For the d holders to profit Dave will pump and be active on Twitter. Sell for a profit
Continued U.S. support for Ukraine!!!
A new Democratic Presidential candidate will surely continue Biden's support for Ukraine and its valiant battle against a Putinesque, dictatorial, mass-killing, human rights-violating, and imperial- expansionist regime .That SOB has been bombing hospitals and schools for many years prior to his current actions in Ukraine as well.
Finally, some good news for believers in democracy and CYBL with their drones, is part of this battle.
As someone just said: "There's only one old guy in the race now!!!" It's a new day in the USA.
Needless to say, thanks for sharing your thoughts.
I’m under the impression that he was referring to some of the previous management D’s. But, perhaps I’m mistaken. Despite the disgusting price per share, I still believe Dave will do right for us shareholders. Looking forward to obviously a much improved price per share as well as increasing contracts & profits.
He is talking about the d's imo going to sycamore, marij, and that other acquisition near Tampa. Those d's haven't been issued yet or will be in the next q.
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
I thought he tried but was not successful with some of them.
Buy back stock so there is room to issue stock to the d holders?
...and just to reaffirm:
*Authorized is not being raised
*No reverse split unless to uplist
*Retirements will offset conversions
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 then he would or could pay?
You know there was a industry wide problem today. I could not place a trade on C. Schwab at all unless i called in. Most trading platforms were in the same boat.
morning sharky and all
$BLEG
In one of Dave’s tweets yesterday, he said the buybacks are going to cover the D conversions
$BLEG
New extraction/refinement partnerships being developed with demand for:
— Dave Oswald (@Dave_Oswald_CEO) July 18, 2024
*100 kilos D9 monthly
*400 kilos D8 monthly
*300 kilos THCa monthly
*much much more
Our team is working their fingers to the bone, and proving their worth with measurable results.$BLEG
How will we really know if/when conversions are done? And what's to say there wont be another batch on the way? Not feeling as good about this one now, and thinking about fact that (projected revenues) weren't looking that significant anyway. Kept a few shares, just in case a miracle happens. OTC's just suck, looking into other markets, and real companies. GLTA
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
As long as no one sells into the 12s they will have to buy on the ask.
It will start moving again sooner or later.
There was 20M on the bid at 12s which easily could have been taken out. Possibly a good sign it wasn't
BLEG $$$
Been non stop selling by bleg insiders and it is why bleg is where it is. 855m...
I really hope this stock moves. .that has been a mystery so far is how to make it move up even with having a low SS compare to many other OTC stocks and on top we have great things happening as per Dave's series of tweets today.
Been adding more. Seems like conversions are nearly done
BLEG $$$
Q2 will show profits, would be nice to get the focus on PPS
Yes! I believe that is the date.
When is the Q2 due? 08/15?
glad to have you here until then. always stick to your convictions. good luck
I am here until those products start to make it to the market. Won't be leaving until Q2 is out. Hopefully Copper by then.
GTSM has a almost 9 mil block at .0014
Thanks varok we all are looking forward to getting to the penny mark and beyond.
Stick around for the train ride and fireworks to copper
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.
but did the shares increase.?
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'll take it!
Seems the conversions are just about done. Now we need to see a great Q2 and honestly, they need to do an Awarness Campaign to get new eyes on BLEG.
Yes I get an awareness Campaign could lead to pump and dumps but we need new blood and new money coming in. A solid Q2 I really don't think will do much without new investors.
I call all this extremely positive.
One thing is for sure...you guys will be having my shares soon as I don't support THC products. From Dave's recent tweets, it seems like he is promoting a lot of those products now than before. When I first got into this company it was all about HEMP-derived CBD products for medicinal purposes but now their products are more intended for recreational use.
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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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