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FYI, to all the current and future bagholders, BANT put out a late November S-1 for another 250m shares. He'll do a little pump to get some volume at some point, but along with all the defaulted convertible notes that will be turning into shares by the hundreds of millions on conversions, this should be back to trips and another reverse split very, very soon. BANT is always on a trajectory towards 0001 and the black hole of another reverse split, and there are always much better plays out there. Every PR is a lie, there are no business operations other than Howco, which always hemorrhages money no matter how many government contracts they get. In fact, more contracts just mean more losses. This company exists to print shares - that's it. Howco is a money-losing window dressing for the scam, as are the assorted imaginary fronts that he calls subsidiaries. You can make money on this a few times a year for a few minutes, but the odds are not in anyone's favor except toxic lenders and Bannon. Listen to Stock Barber - he's always been 100% correct about BANT, for years and years now. He's trying to do y'all a favor.
wow, ZHUD back from the dead! amazing - anything can happen in the OTCs.
Not sure if anyone else noticed, but I'm seeing that the Held at DTC number has gone up by about 474M since last time I checked. The Restricted/unrestricted number has stayed the same as before, and the OS is the same as before, so it's not from dilution or from restricted legends coming off restricted shares. I'm wondering if that old theory about there being shares frozen at DTC was finally resolved, or if someone had old certificate shares and finally managed to have them become tradable via DTC.
Just checking in to say howdy to the other baggies and even the longtime critics. Still watching paint dry over here but some signs of life and good recent PR. BLDV could surprise someday, since it's the very last pink current trips stock on earth that 1) doesn't dilute common unrestricted shares and 2) has zero toxic debt or other debt instruments. Everyone says they're looking for a trips stock that doesn't dilute or have toxic debt. Well, this is it. There are no other choices. Just $BLDV.
I sincerely hope it works out for you and never like seeing anyone lose money, especially when it's share selling scam money from serial reverse splitting con men like Bannon, but just be aware that the next reverse split of between 1:500 and 1:1000 was already approved by Bannon, who has 100% control of the company via preferred stock and does not require common shareholders' approval for reverse splits.
https://www.otcmarkets.com/filing/html?id=16389190&guid=-HT-kenyprHRB3h
nope, only before the record date
The "golden cross" here is a gross BSDM move by Bannon when he's giving his shareholders a dilution/reverse split double golden shower and the streams cross. Shareholders drink up Bannon's 0001s thinking they can average down from .0020 or wherever, then Bannon's toxic lenders convert at .000001, then Bannon reverse splits from that price, instantly wiping out even shareholders who only owned 0001s. Then he finishes it off by peeing out more fake PRs to absorb more converted shares. That's the Bannon golden cross for ya.
IBKR is my broker for the stock lending program. It's actually pretty rare that OTCs in this price range are shorted, but I've had good luck on buying bottoms of ultra-high borrow fee big board tickers with high utilization rates. Sometimes big board tickers that get delisted with decent borrow fees pay off well since shorts are paying interest on $1 per share collateral on sub-dollar tickers, e.g. STRY when it went subpenny, but shorts tend to cover before too long on those since there's no incentive to hold the position when less than a penny per share is the most that can be earned shorting and there's enormous risk. Anyway, WDHI is my first OTC where nearly my entire position has been shorted, but it's not paying anything meaningful. Also, IBKR isn't great for OTC subpennies since the lot size maximum is 500K, and because they flag you as a potential affiliate if you buy too much of any subpenny ticker.
ah, interesting - that's probably it, and they're probably trapped until/if wdhi becomes tradable. makes sense. thanks!
well, I'm making the big bucks on the loaned shares in the meantime - 55 cents per day lol. I'll be a millionaire from them in less than five thousand years!
I always lend out my stocks - I collect half the borrow fee and make a mint on select high-borrow fee plays. I'm just surprised WDHI could be shorted before it's tradable.
Most of my WDHI shares are, somehow, already being borrowed by shorts as of Tuesday. They're paying about $1.10 per day total to borrow close to 2000 shares, so it's a very low borrow fee, but that suggests to me that these will indeed be tradable and someone with early access has already taken out a short position. Makes sense - there's going to be a selloff as soon as they open for trading, but I was really surprised to see shorting was possible at this juncture.
follow up to my last post - the cost basis got corrected overnight to around 39 cents per share. what cost basis are y'all seeing?
got my dividend shares today - what's interesting is that the cost basis in my account is showing at $3.50 per share, so maybe it'll be a nice write-off if nothing else when it's eventually tradable.
good lord, I used to have 250K of this stock at .02 and felt like a king when I sold near a dollar. congrats to any longs from the custodianship days who held out this long!
Having reviewed the filings and balance sheet, and having dug around for skeletons in the closet (i.e. it's not bad at all on dilution or convertible debt), I'm not seeing anything better in the trips - am I missing something?
Haha, I'm with you there - got about 500M of assorted subpennies so far and am aiming for 1B while they're still in the toilet, and while more and more OTCs get toileted daily. May take some patience before the OTCs come back to life, but when they do, it only takes a few big winners to make it all very worthwhile.
$BLDV has really been languishing as we all know, but they got their filings in on time including the attorney letter, and with SHOM looking like it's gone dark and about to hit the expert market, that would make BLDV the one and only nondilutive trips stock on earth (correct me if I'm wrong - it's possible another one crarshed to the trips since last time I went through all of them). That has to be good for something... Anyway, I rarely check in at all on ihub or stocktwits, but at this point I pretty much agree with the bulls (it's a real business, they're pink current, there's a lot of potential especially with their GRWG partnership, and BLDV hasn't diluted common unrestricted shares in years), and I also agree with the bears (it's been a real turd for almost two years now and management continues to neglect shareholders aside from doing timely filings). Hopefully there's a light at the end of the sphincter if/when SAFE banking passes and/or some whales just run this someday because dilution hasn't historically hit a run. I'm bagged with over 40M of this now - still have never been filled on 0003s but haven't been in a hurry to get them lately. GLTA...
I agree that's the case with most penny stocks, but since no one's been pumping BLDV since 2021 (I think old Alex DeLarge was the last major pumper), it's just a dump and dump. Can't have a pump and dump without a pump. Well, to be fair, I guess in retrospect in that context, you could say it was previously pumped and dumped, and we're on the tail end of a long dump, which has coincided with the entire OTCs dumping. But like it or not, unlike most penny stocks, BLDV is a real company engaged in real business and generating real, if modest, revenue with very low overhead, no toxic debt, and no dilution. So it doesn't fit the usual mold. If there were a mountain of toxic debt, toxic lenders would have pumped it by now—probably when it looked like safe banking might pass—to convert their shares for huge profits, but with no toxic debt, there's no big money pushing up the price to wash their shares.
In short, BLDV is the kind of penny stock biz all the social media pumpers *claim* they want (no paid promo, no scam CEO, no dilution, no toxic debt), but the reality is that no one's interested for now aside from probably 30 or 40 of us who own the vast majority of the float. There's no pumping at all going on, so in this cycle anyway, it's a dump and dump....
Checked back on the board to see if the same broken record is still playing months and months later. Unsurprisingly it is. But N3lson, you have to admit, this is not a "pump and dump" since absolutely no one on earth is pumping it, especially the company itself, who wouldn't put out an exciting press release if their lives depended on it. So it's just a dump and dump for the last year. I'm still buying occasionally personally, though my 0004 bids have never filled. It'll move someday imo, but no telling when with cannabis legislation stalled out and OTC trips plays not generating much interest. But in the meantime, it's still one of two trips stocks that haven't diluted unrestricted common shares in years - I have a mountain of both and the same amount of patience, but understandably not everyone has the means to hold a trips bag indefinitely, so the selling doesn't surprise me.
GLTA - it'll probably be a while...
H
Some of y'all are really too much. I just came back here out of curiosity to see if anything's happened with this turd only to find that some of you still blame me for your bad trades. Well join the club, because I blame me and no one else for my bad trades. I lost $30K on this. I did my best all along to find whatever information was available, and just like all of you, was excited when it looked like it was shaping up to be one of Lazar's better plays. MusicMan, you personally took my DD and posted it on Reddit and were engaged in all kinds of pumping on this stock - it's in your post history so don't deny it. Alex DeLarge took my DD and used it on Twitter to pump this stock, and we all know what happened with him. I was bullish on the stock but never told a soul to buy or sell it. Nobody's right all the time, and every last person here was shocked when the heavy hitters who bought this shell resold it to a trash company who let it die. You may recall that the minute negative news came out via filings, I was the first to vet it and concede that it seemed factual and true. Regardless, I started posting about QUTR when it was in the trips, and everyone who was smarter than I was should have cashed out for 1000% to 1800% gains. I made the mistake of posting too much and doing research that y'all asked me to do, only to get blamed in the end when it didn't pan out. Lesson learned. That year I found dozens of stocks that went up 1000% or better, most in the trips, and shared them all at the absolute bottom as potentially good stocks. What have y'all done that's helpful to anyone else?
After this fiasco, I generally don't post about stocks at all - I keep my good finds to myself. Next time the OTCs get red hot, I'm positioned to make millions and will likewise keep it all to myself.
GLTA,
H
Unless they changed the articles of incorporation, which seems doubtful though I didn't look it up, their fiscal year ends Sept. 30 per their last submitted annual report. https://www.otcmarkets.com/otcapi/company/financial-report/316331/content
Was just looking into GNCP since I have a batch of all the 0001 tickers that aren't likely to reverse split. GNCP doesn't seem to be in any hurry for current status, but to just keep Pink Limited status (which requires an annual report for a period ending within the last 16 months, and submitted within 120 days of fiscal year's end), they'll need to get that annual report in by around January 28th (their last annual report was for the period ending Sept. 30, 2021). If they miss the deadline, they'll likely get a short grace period and then it's expert market time.
yep, true enough - was expecting safe banking to come through, but Schumer shat the bed yet again. This is turning into a looong hold, and a rare OTC that makes it into the long-term category for me. I've tried a few ways of getting through to the BLDV folks to express the importance of updating shareholders. The execs at H360 are doing plenty but don't talk about it. There are royalty deals in place but they don't talk about them. There's an ongoing partnership with GRWG but they don't talk about it and don't specify the kind of revenue they expect it to generate. Maybe one day Yale will get the message that running a public company entails a fiduciary responsibility to act in a way that benefits shareholders. In the meantime, it may come to pass that nondilutive trips come into vogue out of nowhere, or that wall street brings some money back to the subpennies like they did in Feb '21. There are only two total nondilutive trips stocks, with BLDV being the only one that's a real business. But OTC traders seem to enjoy buying twitter-punped dilution by the billions from scam companies instead.....
just my opinion, but I suspect the ask is going to get obliterated within the next few days. Got mine :)
that's odd - I think I'd made and stickied the GRWG related post, but for some reason I'm no longer a moderator. I haven't posted much on ihub this year. Are they removing mods for inactivity?
disclosures filed on time:
https://www.otcmarkets.com/stock/BLDV/disclosure
Slight net operating loss, still no dilution of common shares in years, no toxic debt, no promissory notes. Some restricted preferred stock was sold during the quarter. So BLDV continues to be the only non-dilutive/no toxic debt real business in the trips. Nothing especially interesting about the quarter, but at least BLDV is current for the rest of the year, and cannabis OTCs (including ancillary cannabis stocks) are likely to have their day when cannabis legislation finally goes through...
H
OK, got that ibox updated with the latest information. I simplified it all a bit so it's easier to take in the big picture. I'll resize a few of those larger images when I get the time....
Here's the news if anyone missed it - NAV would be through the roof if they were to get 100% interest in Cunningham. https://www.prnewswire.com/news-releases/hnrc-to-acquire-additional-interest-in-cunningham-energy-301650986.html
So the ibox update is a pretty big project - got most of the information assembled and will try to get to it late tonight.
Nice news on Cunningham!
Hey y'all, my apologies. I'd fixed up the iBox earlier this year and then disappeared on you - it's been a hectic year and I've barely posting on ihub at all. I meant to update this when the dividend and date of record were released and then got covid and subsequently forgot. Anyway, somehow I don't seem to be a moderator anymore - I'll make a few posts, get mod status again, and update the iBox will all the good new info. But some other moderator could also feel free to update the iBox now and then :) Anyway, I'll have it spruced up by Monday at the latest.
And really it doesn't matter from a shareholder perspective how much they bring in for royalties. It's pretty substantial, but only a fraction of a fraction of that goes to the bottom line of the company. They collect royalties so they can distribute them to rights holders for a small administrative fee. The royalties shouldn't really be listed as assets unless there's a corresponding almost identical liability.
Just checking in on this broken record message board. Some of y'all are still talking about $BLDV as if it's trading on NASDAQ. It's a subpenny stock that from a business perspective is immeasurably better than nearly all its peers under .005, and it's now the sole one and only non-dilutive OTC Pink Current ticker in the trips. There are no others (there was one more until recently). It's the single cheapest nondilutive stock on planet earth in terms of pps, and among the cheapest by market cap. Got quite a hefty amount now, and happy to wait until no-dilution tickers get on the radar again.
Yep, accounts receivable for royalties,which are then payable to artists/songwriters/publishers, aren't the kind of "assets" that should bring any real value to shareholders. As a PRO, the company collects and then distributes royalties to rights holders. The company should take just enough of a piece of the pie to cover their administrative costs, but PROs should never be oozing in profits for shareholders, no matter how much they collect in royalties. If there's much of a surplus, it means they're not paying out enough to rights holders. NUVG is taking a tiny percentage, so they're acting responsibly in this regard. But it's disingenuous at best to PR income related to royalties as "shareholder value." Once collected, the vast majority of royalties are distributed: that's the entire point of a performance rights organization. That's why NUVG only lists revenue as $35K and a net loss of -$54K on the latest financials. The reality is they're barely skimming anything off the top from these royalties, which is good for rights holders, but it also means there's no shareholder value to speak of. Since the contracts and terms are in place already, they won't change the biz model, which means they'll probably start selling shares to make up their shortfall.
ASCAP and BMI are both not-for-profit, because there shouldn't be a profit motive for PROs.
9M isn't massive at a pps of 0009. Lots of trips stocks have walls of 200M to 500M. 9M isn't even a speed bump. There's never a massive ask wall with BDLV.
Decriminalization bill hitting the Senate pretty soon, cannabis stocks good and green today including many ancillary companies. I'm loaded to the gills here - historically this moves on air once the buys start rolling in. Good luck y'all.
H
Imo it barely trades because the float is more or less locked up. BLDV will have its day. Lots of trips plays are moving, and this is the only one that's been nondilutive when it's gone up in recent years. CHNC and SHOM were the other two that don't dilute when they fly, and they both had recent big volume pile-ons. Some of y'all keep acting like price movement in penny stocks are the result of fundamentals. If they were, BLDV would actually have a pps way higher than all the other trash shells that occupy the subpenny space, most of which are just scam shells with millions in toxic debt, fake PRs, paid pumpers, etc. BLDV is no big board stock, but it's financially more sound than just about anything else under a penny. These sorts of stocks move when the OTCs get volume, when the twitter/stocktwits pumpers start pumping, and when folks with deep wallets start buying. We've all seen this play out over the years with myriad tickers: a stock languishes and languishes, and then one day out of the blue the ask evaporates and there's a sudden huge move. Imo it'll happen, but no telling when. Meanwhile, this is still one of the only real companies trading under a penny, and the only one in the trips that has zero toxic debt, inconsequential debt overall, increasing revenue, a viable business, a NASDAQ company as a partner, and a stable float with no dilution in years. Looks like future gold hiding in the subpenny outhouse to me. Timeline? Totally unknowable. Just buy it, sell it, or hold it as y'all see fit.
Just my opinion - I'll check back in if anything happens, and will update the ibox with a thing or two when I find the time.
They're mostly looking into the feasibility of putting out implausible PRs to generate a little volume to absorb more diluted shares from the never-ending printing press. BANT has no attack drones so it can't sell them directly to anyone, and even if they did (they don't and won't), every single thing BANT does is unprofitable and just window dressing to enable them to pocket more cash from toxic notes to pay Bannon's salary and enrich his toxic lender friends. They're also looking at the very real and inevitable feasibility of taking this stock into the black hole of no bid/0001 and another reverse split...