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Agree 💯 hotdawg!
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Below is just an example:
And even if the OS increases a bit to, let's say 700,000,000 (?) I'm absolutly not saying that's the case here. Because so far BLEG is 'very investor friendly' in their actions (reduced the AS early this year, after a reduction last year) so there's absolutely no reason to believe that will change here especially with their growth (%) and revenue.
676,295,516 x 0.0038 = $2,569,922
or
700,000,000 x 0.0038 = $2,660,000
or
725,000,000 x 0.0038 = $2,755,000
or
750,000,000 x 0.0038 = $2,850,000
This is just an example, nothing more, as the share structure has been updated until 04/09/2024, so will have to wait for it to be updated if that's (OS 676,295,516) still 100% accurate.
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Authorized Shares | 900,000,000 | 04/09/2024
Outstanding Shares | 676,295,516 | 04/09/2024
Restricted | 82,347,209 | 04/09/2024
Unrestricted | 593,948,307 | 04/09/2024
I'll keep an eye on the share structure every now and then.
https://www.otcmarkets.com/stock/BLEG/security
So far BLEG is very investors friendly in their actions (reduces the AS) so there's absolutely no reason to believe that will change here especially with their growth (%) and revenue already made.
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Branded Legacy, Inc. ($BLEG) Announces Reduction in Authorized Share Count to 900M
January 23, 2024
In a strategic move to align with its capital structure and business objectives, Branded Legacy, Inc. reduces its authorized share count by 600 million.
https://ih.advfn.com/stock-market/USOTC/branded-legacy-pk-BLEG/stock-news/93113773/branded-legacy-inc-bleg-announces-reduction-in
$BLEG
A lot of the time it will reset at or around 50 then start another leg up.
Look at his stats he is brand new. He may need a little help to get started
JMHO
I see.. so we’ve got a little more to go
Not yet it needs to get down to below 30 to be over sold. now it is in neutral territory
So your first post here is to try and scare people? Grow up.
Extremely under valued at this point
With the RSI reset, is the stock now considered oversold?
I am seeing that MM shows one thing then sells a lot more.
BLEG - Is it Based on your "Crystal Ball" 🔮??? .......
Oh nice! Elliot Wave is something that I have never figured it out myself. Glad someone can speak for that and relate to what will be happening here next. I like those new baseline and high short term targets. You go buddy!
Outstanding Shares 676,295,516 (04/09/2024) x 0.0038 = $2,569,922.96 market cap. 🎤
$BLEG
BINGO!!
Elliot 5-3 wave theory 💯 in play here!
Nice to see someone that UNDERSTANDS $BLEG and Elliott wave theory!
Congrats!
Respectfully,
Maverick
$BLEG
I am super stoked for the next move - the 5th move in an Elliot wave is setting up perfectly here and can take us to the .007 + range with a higher low pullback that means we wont have to see the .004's ever again perhaps
New base establishing here - this is where people will be complaining they did not get shares under .004 soon enough
Improve, I see prove. Either case nothing has changed in my opinion of the huge potential in the company.
Looks like around 400,000 sold @ .0038 so far, although 50,000 still shows.
I'll play Devils Advocate.
He said "Here are "SOME" examples.
Does that mean there are more that he's not listing?
It's always great when the stock goes up a you have a tremendous amount of profit. When it turns around and takes some of the profit back it get gut wrenching.
Hold on to what you have and have patience
JMHO
I agree with you that there is still work to be done before the Kava Contract will reach to its final signed deal. Now regarding Proof of Concept, my understanding is that they have already met that condition as per this tweet (the checked items). It is the test runs that we still need to improve on. Am I right?
*acquire additional equipment✅
— Dave Oswald (@Dave_Oswald_CEO) May 9, 2024
*set up new facility✅
*commission and permit new facility✅
*prove concept✅
*create formulation✅
*test runs to prove ability to handle throughput❌
*test runs to prove consistent end product❌
I got ya, yeah that surprised me as well. Having to show proof that they can keep up demand while maintaining the product's high standards.
Look at it this way !!
I am sure we will get status report from CEO when they are running large scale test production next week
When we get positive feedback, this thing hit new high !!
It’s next week with FINs coming as well
BLEG - Market Fluctuation happen even with the Best Company!....
BLEG - Well Said and so true!....
Closing over .0039 is very bullish - closing over .0035 is as well
own a little more than that other guy but i get grumpy on 20k down days. just sayin
To think that everything will be a slam dunk wouldn't be prudent especially since they have a company to run vs the online beer flippers that make up 99% of the shareholders - you have to remember the audience is not exactly loyal to the company - as long as they follow through with revenue and growth etc thats all that matters. we got this ;)
I'm 'bullish' because of the revenue already made (even without the new lab), the assets, the low OS/AS, the different white labels, growth (%), 1 million dollar credit line, reduced AS and all other progress etc.
Nothing wrong with testing (proof of concept)... I think they have plenty of work to do until they (?) get that contract and or other contracts.
Thanks for the cheaper shares if
You sold !!
I was waiting and got much cheaper than
I thought
not bearish just not exactly bullish. NEUTRAL?
my problem is dave never said the kava contract needed proof of concept after the lab permitting. the carrot dangled was that when the lab got permitted the kava contract would start and that is not correct.
kava contract won't be imo ready until near end of month. these guys can easily back out wtf?
don't like to vocalize what i don't like. don't like being a blind pumper either.
ps. damn transfer agent never updates the ss on TIME.
BLEG - Rome Wasn't Built In A Day....😉
Unless he is waiting on Dave to share/tweet with new updates before he will be posting here...plus it is Friday, people likes to chill a bit. :)
Brilliant! I am sure you will be enjoying the reward that will come from buying these cheapies.
I don't think Prophet-of-Profits left... because he doesn't post all the time doesn't mean anything IMHO
(Usually don't post that much myself).
Only few winners will stay till the end..it is a test and not an easy one, especially when people see half of their gains getting vanished within days.
I thought I read he said he was running if volume increased for no reason, red flags. Something like that.
Sweet!!! Bounce coming! And this time it will be a strong one $$$ Kaboom will happen if a News pops up today. Hope for the best.
Btw. where is our cool moderator, Mr. Prophet?? Without him there is no excitement here. He always have some tweet or insight to share with us. Has he moved on or still holding? Last I heard from him he was going through some turbulence. I hope that is all stable now for him? LOL
LMAO 😂 I ate some 0.0036 tasted 😋 very good indeed mzasif... I'm waiting for some more...
$BLEG
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***https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-BLEG/trades
👀***From Barchart.....
https://www.barchart.com/stocks/quotes/BLEG/overview
👀***Link to 88%-
https://www.barchart.com/stocks/quotes/ABQQ/opinion
👀***Insider Trading Screener-" Add symbol"......
SecForm4.Com
https://www.secform4.com › insider-trading-screener
The only thing I have tried so far is BLEG shares and believe me or not they taste really good at this price...get some more otherwise, they won't last for long. LOL
Not to far off from this...... should be a good Friday - BLEG liked Friday historically
Just curious, has anyone here on this board ever ordered and or tried anything from one of BLEG's products?
If so any reviews? Thanks in advance.
$BLEG
The web site looks good thanks sharky
Someone through up a 2mil sale at .0038 now we have to work through that.
GM all, nice info thanks: Nice additions to BLEG website:
Marij founders Matt and Aaron now under BLEG leadership.
https://brandedlegacy.com/leadership/
Sycamore Biopharma link under Brands tab.
https://brandedlegacy.com/brands/
$BLEG
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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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