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No...they just can not scale given the climate
https://mjbizdaily.com/united-states-cannabis-business-licensing-declined-for-first-time-in-2023/
Look at where they service. They have to get rid of their debt and have market conditions improve..and maybe they can attempt to scale . Their previous attempts were lacking. Reefer has been dead for a while...so more consolidation...and whoever is left after will win out for the most part.
How would this be an incentive, as it's quite evident that management has no regard for the shareholders!
If you look at the latest 10-K, one can see that although the bottom-line figures have improved, growth is still at a slow pace...could this be attributed to a lack of promotion/advertising?
Possibly this tells a story: Advertising expense for the years ended December 31, 2023 and December 31, 2022 amounted to $5,527 and $9,808 respectively.
You'd think that the share options would motivate him to increase shareholder value!!!!!
Anyone here try reaching out to Dan yet? It looks like he gave him self a nice pay raise and he’s sitting on a good chunk of share options.
I feel I'm one of the denizens of the Island of Misfit Toys. When is Santa coming!?
There’s A LOT of pinks with Zero revenue and hundreds of millions of shares with way higher market caps lol. This is outrageous for sure
We are trading at a PE of 1.whatever. Volume? Wow. What faith the market has in this one. Yet is is a whole lot better than a lot of other stinky pinkies. I give up.
The volume has spoken.
Yup. But SP is still shit.
Only one winning here is useless ghost DOYLE KNUDSON getting paid back.
I know but nothing happens. I keep waiting.
Looks good
BPLG and mgt. are number one! Um, make that number "two".
You mean the greatest POS of all time with the worst KRAP CEO and BOD of all time.
The greatest "operating" shell of all time...lol. It is what it is..
The last 10-K was on 3-31-2023. We’ll know soon if this company is still in business.
Is this “company” still in business. ?
It's quite evident that shareholders and/or the public has NO confidence or interest in BLPG...if they did, the stock would been gobbled up quite some time ago, especially at levels below .50!
If the management's (I use the term loosely) slacker behavior wasn't so clear, I'd say, "Load the boat!"
Can't say that though.
On the plus side, this is my last-of-2 pennies. Jez, took me long enough.
Just holding for now. Why not? Miracles can happen.
It's VERY evident that the stock (itself) is virtually dead, and has been so for some time...clearly evidenced by the numerous trading days with volume less than 1000 shares traded! THIS IS OUTRAGEOUS AT BEST!
Time for BLPG to pay attention!!!!
I almost have a feeling it was done on purpose so they can dilute the stock. Just my opinion.
Personally I do feel it was on purpose. Do you think they are pushing us out so they can do a buy back of the stock?
If there is I’m IN !!! Enough is enough with these pompous clowns. Dan and Doyle must be made examples of ! They both need to be ousted.
lol rs into what. The authorized is already small.
Yeppp…I will lose my shit if there’s another RS!
Do we have a case for a class action law suit? It seems BLPG is manipulating our stock value? Is this possible?
All very good points!
In all my years investing/trading in the market, I have NEVER witnessed anything remotely resembling what has transpired in the past 2 years...it's almost as if it was purposely done. (I'm not saying that there's proof of this, but it's so extraordinary that one starts to make this assumption)
If you really think about it logically, what's the point to keeping BLPG public, as the company in many ways is being run antithetical to a publicly owned company - why not go private or simply look for a company to merge with at this point????
Bottom line: IMO, the disregard for shareholders is rather obvious and not emblematic of a CEO or Board taking their fiduciary duties seriously - this is in no way how you run a publicly traded company...PERIOD!
Good question. They either don't have the scratch or they know that our final destination is 0.00000.
TBD, I guess.
Market cap of $220k. How has the Company not announced a share repurchase program? How has BCO not bought this company? How is no one at the Company communicated their complete and utter embarrassment for how this has been run into the ground?
Did you email Dan and make him aware of this ?
We will laugh so as not to cry. Happy weekend everyone.
I was going to watch TITANIC. Why bother? BLPG is it.
Would the last shareholder please turn off the lights?
That’s what Dan thinks about his leadership.
Anyone hear from Dan yet about this being at two cents?
I still can't figure out this pos, but at 5c I would hope someone "in the know" would be eating this up.. but I'm certainly not that someone... sad when the losses are looking good to hold Uncle Sam off other plays... Not the intention I had investing here.... smh
The move up on 200 shares really has legs! 😂
We’re mooning it’s time to let her rippppp bullish it’s time for rockets. PT = $5 as a standalone. We believe in DAN ALLEN to get the job done. HYPUR merger coming.
IN MY OPINION!!!!!!!!!
Quite astonishing. We set with an unrestricted outstanding share count of 7.6M.
A lot of Nasdaq stocks are not even close to that low of an OS count.
I believe we see around $4M in annual revenue for last year. Balance sheet seems to improve each year, maybe this is the year of a buyout or merger. Okay to dream, lol.
I think it is time to give this company a shout out on social media on a daily basis. The OS alone should be enticing to folks.
MC is a joke right now.
Andddd….., there it is, 15 shares at $ 0.0258. Market Cap 214K.
Dan doesn’t give a shit btw. He’s not interested in growing the SP IN MY OPINION
Back to 2020. Incredible.
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