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The playbook here never fails. Pump to about .013 and gets buried under .01 for the rest of the day.
Indeed.
Fortune favors the bold.
BLEG
Sounds positive. Nice start of the day.
Branded Legacy, Inc.'s Subsidiary Alpha Growers Adds 4 Acres to its Farm, Expands Product Line and Gains New Wholesale Partners
Company Boosts Production Capacity
Charlotte, NC -- March 2, 2023 -- InvestorsHub NewsWire -- Branded Legacy, Inc. (OTC.PK: BLEG), a holding company that specializes in growth through acquisitions with a focus in the CBD industry is pleased to announce its subsidiary Alpha Growers, LLC has moved its farm to a new location, adding an additional 4 acres to its capacity. The move and expansion will allow Alpha Growers to increase its production of boutique flower and add wholesale pre rolls to its product line.
"We're excited to be expanding our capacity and product line," said Jermain Strong, CEO of Branded Legacy, Inc. "Our new location will allow us to better serve our customers and meet the growing demand for high-quality hemp products."
In addition to its expanded capacity and product line, Alpha Growers will continue its tradition of offering a hemp beer on 4/20. Details about the event will be announced soon.
"We're looking forward to celebrating 4/20 with our customers again this year," said Strong. "It's always a great opportunity to showcase our products and connect with our community."
Alpha Growers also announced that it has added three new wholesale customers to its roster, further expanding its reach and distribution capabilities.
"We're thrilled to be partnering with these new wholesale customers and look forward to building long-term relationships with them," concluded Strong. "It's an exciting time for Alpha Growers, and we're grateful for the support of our customers and partners."
$BLEG has something going on. Big news they say. Looks like some expansion.
@TelegraphNews @Newsweek @Independent @GuardianNews @CNBC @Politico @SkyNews @FT @AJENews @BreakingNews @Guardian @Huffpost @AP @ABC @TIME @Washingtonpost @WSJ @Reuters @nytimes @CNN @FoxNews @OBJUpdate @orlandosentinel
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) March 2, 2023
Thanks for posting. Sounds promising. Can’t wait until we see the PPS moving upwards. Averaging down only works if the PPS goes up. Still waiting for some confirmation that we’re on our way.
$BLEG Company just posted this: Exciting news alert! Our company has some big announcements coming your way! Stay tuned for updates on our new location acquisition, revenue growth, new wholesale customers, and innovative new products. #businessgrowth #expansion #innovation #comingsoon$BLEG
Looks like things are picking up. Its rare to see a Company putting in the work they are with this amazing share structure.
These are the gems. When they run, oh they run!!!!!!
GLTA
Unless I’m missing something, why no mention of the subsidiary’s name in the release?
Their solar company.
Is the subsidiary mentioned on yesterday’s news release?
We have hit a penny several times over the last week. It's better than .005 that's for sure.
No. Those .01s just keep getting reloaded.
Back over a penny today? Look at the ask.
$BLEG Our latest press release is officially out! We can't wait for everyone to read about our exciting company news and updates. Stay tuned for more updates! $BLEG#PressRelease #CompanyNews #ExcitingUpdates@brandonspikes55https://t.co/LBBS5wszw9
PR went out yesterday. Looks like things are on the move again. Tagged a penny several times. Bids building. Good run soon IMO!
Link to PR
https://tinyurl.com/3vtwemvw
Tweet
Agreed. It looked like it was lining up for a run a couple of weeks ago. But without something substantial, no one cares.
Branded Legacy (BLEG) will have to Communicate Substantially Impressive News, Specifically News that is Positive Enough, for example, to the Extent of a Significant Deal that Contributes Greatly on a Per Share Basis...The Deals that Contribute Hardly One Tenth of a Penny or Less "Just Ain't Gonna Cut It".
(Pardon the Non-Grammatical Terms "Ain't" and "Gonna"...These Terms are Used for Emphasis to Make the Point)
BLEG Shareholders Need a BIG DEAL COMPLETED. The "Deal" Needs to Be Definite and Big Enough to Make Our Shares Worth Much More. That's It, Period.
Best Wishes,
Gratzi
Here we go on a little volume this morning.
I think it's positive news for sure. Their coffee was always amazing. APRU seems slow to do anything. Not surprised.
BLEG had 883 Beneficial Shareholders per…
OTC as of May 2021.
The number of shareholders likely tops 1000 easily.
That means if APRU had actually (ahem) made their payment and BLEG actually distributed the RESTRICTED shares to share holders evenly, then at best you would have had about $150 worth of restricted stock you would need an attorney letter for in order to deposit the shares.
But most brokers won’t accept such worthless shares.
The next time a CEO says a divvy distribution is coming as described, consider it a red flag.
Well how does one announce it sold…….
(past tense)?
I be damned if I would announce I sold something without payment.
And how would one distribute shares they didn’t have?
Perhaps it’s positive that APRU didn’t come through.
I wouldnt say that. APRU just didnt pay for it.
Looks like BLEG put out false news……
and APRU didn’t stop them.
In a previous news release, the company announced that it had sold Elev8 Hemp, LLC to Apple Rush Co., Inc. (OTC Pink: APRU) for One Hundred Million (100,000,000) restricted common shares. Those shares will be distributed to shareholders of Branded Legacy as of the record date which has yet to be determined.
So they spun the news that they sold Elev8 as a positive. Now apparently its "exciting" news that the garbage company is back with us. Too funny.
Exciting news for #Elev8Hemp! Missed payment from $APRU leaves Elev8 under $BLEG umbrella . The company continues to thrive and is now in talks to buy a brick & mortar location with a top roaster. Hard work and determination always pays off! #Coffee #CoffeeTime @brandonspikes55
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) February 13, 2023
Those bids have been holding for several days now. Looking way better
Multiple Bids building. No selling. Spread tightening on low floater. Positive signs. IMO
Why do You Feel that "She's ready to break out"?
She’s ready to break out. Run incoming. IMO
Back at .01
Let's go! This gem could let lose at anytime. We just dont see company's setup this pretty in the OTC World.
I saw it. None of this has mattered. Would be far more effective if they bought them on the open market. This needs a spark and more eyes on it. I think the pre R/S price was in the 70 cent range. All to stay on OTCQB, which they didn’t maintain. Lovely.
How long will the buy back take an effect on the price ? Since Jan 9th
None of this makes sense. OTC sucks.
I don’t think anything is gonna make this go up
Unfortunately selling going off in the .007’s, not fun.
Spikes concluded, "In the past six months we successfully reduced our issued and outstanding common shares by One Hundred and Seventy-Nine Million Five Hundred and Twenty Thousand (179,520,000) shares. In addition, we lowered the company's liabilities by four hundred and thirty-six thousand one hundred and nineteen dollars ($436,119) as well as reduced its authorized shares by Three Hundred Million (300,000,000) bring our total authorized shares to Six Hundred Million (600,000,000).
Share Structure
Market Cap Market Cap
2,655,025
01/09/2023
Authorized Shares
600,000,000
12/15/2022
Outstanding Shares
295,002,816
12/15/2022
Restricted
227,847,209
12/15/2022
Unrestricted
67,155,607
12/15/2022
Held at DTC
32,812,139
11/09/2022
Float
49,897,887
12/14/2022
What is the share structure presently? They need to show they can make money.
Share structure is looking really good here. I don’t think there are enough eyes on this and it’s flying under the radar. One solid press release and this thing takes off, IMHO
So they lower the float, lower outstanding, lower authorized and nothing? What a joke
This is great news. Putting their money (belief ) into company. I strong buy here after all this news from the past 4 months or so. They are doing things I never see OTC companies do.
Positive News out,
Branded Legacy, Inc. Buys Back Over 17 Million Free Trading Common Shares
2023-01-09 10:28 ET - News Release
Charlotte, NC , Jan. 09, 2023 (GLOBE NEWSWIRE) -- Branded Legacy, Inc. (OTC: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce it has negotiated the reduction of its float by Seventeen Million Five Hundred and Twenty Thousand (17,520,000) free trading common shares.
Brandon Spikes, chairman of Branded Legacy, Inc., stated, "We have continuously been working on share structure over the last several months. In doing so, last week have bought back 17,520,000 free trading shares out of the float, in exchange for a non-convertible promissory note. This is huge for our shareholders."
Spikes concluded, "In the past six months we successfully reduced our issued and outstanding common shares by One Hundred and Seventy-Nine Million Five Hundred and Twenty Thousand (179,520,000) shares. In addition, we lowered the company's liabilities by four hundred and thirty-six thousand one hundred and nineteen dollars ($436,119) as well as reduced its authorized shares by Three Hundred Million (300,000,000) bring our total authorized shares to Six Hundred Million (600,000,000).
In a previous news release, the company announced the acquisition of ReelSkinz. ReelSkinz is more than just a lifestyle brand; it is a company that combines practicality, protection, and fashion into the ultimate ocean and outdoor apparel.
Branded Legacy, Inc. purchased these 17,520,000 free trading shares in exchange for a non-convertible promissory note. The determined price was based on a share price of $.01 making this promissory note in the amount of $175,200. This note will be due in 12 months and has an interest rate of 7.5%.
About Spikes CBDX: Spikes CBDX is a line of CBD products designed to assist athletes perform better and recover faster. The Company believes that post workout recovery, with Spikes CBDX products, can lower inflammation, aid in making your body stronger, and help recover from injuries naturally. The CBD line also targets individuals who are looking for pain relief, better sleep, faster recovery and lowering inflammation. Spikes CBDX provides tinctures, lotions, moisturizer, and cryo-gel roll-ons. To view all the Spikes CBDX products please visit: spikescbdx.com.
About Versatile Industries: Versatile Industries, LLC is an acquisition company used to incubate companies to eventually spin off into their own public vehicles.
About Alpha Growers, LLC: Alpha Growers, LLC is a hemp farm in Newberry, FL. They grow and sell hemp flower, providing some of the highest quality plants in the industry. Its current operations are under Kamino Propagation and Research, LLC. Currently Alpha Growers has $320,000 in assets and is in contract to purchase the remaining assets of Kamino over the next few years.
About Total Refinement Solutions, LLC: Total Refinement Solutions, LLC has developed no less than four potential standard operating procedures for extraction, refinement and synthesis of any given target alkaloid. It has secured inputs of raw plant material, crude extracts for refinement and a demand for the output. The Company currently has operational labware as assets.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
www.brandedlegacy.com
(407) 337-0642
info@brandedlegacy.com
Looking like another zero volume day. Lovely.
Just picked up some .0076’s. Will it pay off this year?
A wonderful New Year to all, especially Health
I’ve averaged down from the reverse disaster, so here’s hoping 2023 turns the PPS to double digits on something real.
We might but what can he say that’s going to move the needle?
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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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