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Thank you for the concern. Yes I've seen some of what these other companies are doing. I'm sticking with this one, maybe not the biggest, maybe not the best but seem to have their head well above water and who knows with some strategic alliances ?. GLTY
I've only been here over a year. Not sure who or what you are going on about "100% false pure hatred between the two" who are you referring to ?
That does add a different dimension to this to say the least. I can only hope you are onto something because that would be a huge move of course .
Michael Sinnwell seems okay with it. Of course he may be congratulating Tyler B on the way out and sweating bullets on the inside. T. B. is top notch imho. Sorry to see him leave HYPUR especially with his vast knowledge. Didn't see that one coming. Sure begs the question of what comes next over there. I sure hope Passs is on to something.
LOL. No one should get too concerned or worried in my OPINION. Seems the most likely path is the one that's been talked about here for a long time. MERGER
Highly unlikely based on current market cap. It's beyond ridiculous.
I doubt all of us together/combined (approx 200 of record) according to fins holding this small float, will have much voting power if that is the case. If they decide to go private. If the offer is 10 dollars well great ..fine but I doubt will be the case under that circumstance. Large holders like C Galvin will control that IMHO.
Apologies update : T. Beuerlein thought so too. What do you make of it ? Has the Y in the right place in the name. Coincidence I guess. Sure a lot of similarities in function . 28 states ? Hmmm. Not sure what to think but a very possible strategic partner if I were looking.
Reading it backwards may help..
Yes it’s out there, but the question I wonder is if C. Galvin is able to splinter off with the fund he co created and create a new company taking BLPG in a possible takeover (even hostile) as part of a deal within the current lawsuit. Sounds crazy ?
This is probably a dumb question but I’ll ask anyway. Is HYPUR Inc Hypur ventures ll ? Where does Hypur Ventures ll fit in ? Is it possible for C Galvin to split Hypur Ventures ll off and take BLPG with it and go public as part of some deal within the lawsuit ? Asking for a friend lol
I have no doubt they are cleaning things up, but for what ? If it means nothing then why bother ? These sort of moves can seem like nothing but in the end a very important part of the set up for a big move. With the advent of the law suit between Galvin vs HYPUR this seemingly innocuous move may have big implications . Seems to be a separation of sorts as to which is going where. The “who gets what” part. Maybe even a full divorce. Just my two cents.
Any thoughts ? Speculation ? From you or Passs, or no_ur_stox or OMOLIVES on what this may or could mean ?? Something of consequence is going on behind the scenes in my opinion. Good luck everyone !
That's no small occurrence in my opinion . Get ready !
Thank you for the update Biotechotcguy . When did you see or notice this change ? Do you know the date of the change ? Thank you
I agree we need news also but the financials are phenomenal . I will just continue accumulating because news will surely come. I agree with Passs , we commons don’t mean much of anything to large stakeholders. Seems they will let the tiny float run to the ground and absorb what they can. Won’t get mine no matter where they take this. To those that sell will only enrich those who don’t in my opinion. At some point very soon they (BLPG) will need to raise a lot of capital. 20 cent shares will not be on the menu I assure you and anyone reading !
Translation : UPSIDE IS OFF THE CHARTS !
Of course but crazy not to take advantage of these prices.
Take it as low as you want M's and accomplices ! I will continually accumulate. TY in advance. Certainly games played here. This is heavily manipulated in my opinion. When it turns and it will, it will be with a vengeance !
Anything below $2.00 is a steal, no matter where they take this artificially. A five minute read will show the value here. This price and anything lower is an awesome opportunity. The blind are unable to see what this is. My opinion. GLTA ! The spring only tightens.
I don't believe share price is any concern whatsoever to the company's management . They could take it to new highs with little to no effort simply with letting us in on the plans of how they plan to raise capital to grow into all the new markets. (Im pretty sure how this will happen) The share price doesn't effect them in the slightest because their plans are so much bigger than the few in the float being thrown back and forth. They obviously are not using our money so why would they be concerned about share price until they are actually ready to sell shares ?
I tend to go along with this reasoning based on current PPS and knowing the value is demonstrably higher on a very bad day, like 20 times higher on a very bad day ! PPS here is no where even close to value and any honest thinker here knows this. So if the company is playing into this to shake the weak out then so be it. I will only accumulate all the way down as far as they take this. I may get my million shares yet. GLTA Longs !
Its tough going through this but it has little to nothing to do with BLPG directly in my opinion. Just the daily lunch money flippers along with a complicit MM. Obvious value is many times higher than current PPS. In fact I would argue at least 10 to 20 times higher easily. This is artificial, nothing more nothing less and has some running scared. I don't scare I only accumulate and wait for the eventual reward. We/BLPG are making a lot of money but it has not translated into to current PPS but it will come in my opinion once news is released. The ultimate shake before the show. Ive seen this too many times to count.
I'll be willing to wager $BLPG management has no plans whatsoever to sell a few million shares at 25 cents each and begin to scale. That is laughable. They must have another plan(s) ? Let's see what unfolds in the very near future.
Furthermore notice the company $BLPG does not have plans to grow "organically." This is extremely important if you follow all the statements within the 10-K. If we are not going to grow organically and are about to scale then what do you think we will be doing ?
From Annual Report 10-k ______________________________________________________________
Growth Strategy
1. Expand into new markets to establish first-mover advantages.
2. Market ourselves through strategic alliances and affiliations.
3. Acquire or joint venture with guard and alarm businesses throughout the USA if they represent good value and a good fit with our expansion plans. Organic growth will not suffice for the rapid growth of this industry and our ability to provide service immediately requires variations of this strategy.
4. Increase our client base to the various labs in state. Offering our superior chain of control compliance and software.
5. Develop and offer value-added, complementary or supplementary services.
The development of the legal markets for cannabis is a function of state legislation. As a result, while specific markets may not be currently available, we actively monitor the progress of legislation and know with some degree of certainty when new geographic markets will be coming on line. This allows us to target our limited sales and marketing resources to those new markets. In this way, we believe the current legislative environment works in our favor - if the whole country were currently a potential market our limited resources would result in an inability to effectively cover all potential market territories. With limited markets open we can better cover those available territories.
Marketing
Virtually all of our sales, to date, have been generated without using paid media. Our armed operators conduct the majority of our marketing and advertising efforts. Several of our operators are former police officers or military personnel and are the face of our company. They interact with business owners, employees, and customers on a daily basis. As such, they generate significant brand awareness and word-of-mouth goodwill. Complementary to this, our sales team and our management actively engage with business owners directly to generate awareness of our company and the services we provide, as well as to identify the potential for sales or referrals.
In addition to a direct sales approach and word-of-mouth advertising, we have been featured in news articles and video documentaries by outlets such as the Wall Street Journal, USA Today, Fortune and CNBC, which have served to increase brand awareness nationwide. We have also attended a variety of industry trade shows and have been granted membership in industry groups.
Industry Background
The total market for marijuana, is estimated to exceed the economic value of corn and wheat combined. Marijuana is widely considered the largest cash crop in the United States. Businesses have been positioning themselves for years, each trying to establish a leadership position in the legal cannabis industry, projected to reach as high as $37 billion in retail sales by 2024
Just look at the 10-k without any preconceived notions. Looks very good. PPS is just a ping pong match with few shares in play taking each others lunch money for now. This will end at some point. The company is not selling any shares (zero dilution) and that is extremely important and explains what is going on with the PPS. I just patiently accumulate at these better and better prices. It does not take a genius to see the value here. We will have our day.
Damn good day fishing there. Looks like kings but maybe two silvers there also. Either way very nice fish. Nothing wrong here except retail playing a small float with little interest so continues downward with possible MM help. Been pretty obvious for months. Stayed tuned because BLPG wins in a very big way in the end. Making lots of money and very significant debt reduction.
I’m giving that comment a “like”
Quote "Organic growth will not suffice for the rapid growth of this industry and our ability to provide service immediately requires variations of this strategy."
Therefore we must
Quote :
1. Expand into new markets to establish first-mover advantages.
2. Market ourselves through strategic alliances and affiliations.
3. Acquire or joint venture with guard and alarm businesses throughout the USA if they represent good value and a good fit with our expansion plans
Yes, lots of it. Its coming with a M@A announcement in my opinion, coupled with a NASDAQ offering. Then we scale. This is a big part of what I am speculating on. GLTY
The ping pong match among commons is self defeating and it is apparent in the current PPS. The cool thing is that the true longs here are able to accumulate at very low prices. Who cares where this self defeating ping pong match takes the SP ? This becomes opportunity to the longs who remain patient and continue to accumulate. It's only a matter of time until the company gives us a road map, advantage to the few that are left standing here. That will include myself of course. I agree with Passs, they want us out.
Well its obvious there is still no dilution from this company $BLPG whatsoever. They/we continue to grow along with revenue . Behind the scenes along with processing huge amounts of cash we are developing software to be used full circle (start to finish) including payments to government. This is a big deal. This company will only continue to grow. They use NONE of our money to do all they are doing ! Think about that, and yet only with company revenue. Where does that happen in the OTC ? We commons are just trading back and forth (ping pong) for now as I've said for a year. We really have no leverage even in a vote. Honestly why should we ? This will have little choice but to explode at some future time line the "company powers" have put in place. Most likely a merger (I'll bet anyone this is the plan) but only on their time line not ours. The name of the game here is accumulate and relax. C. Galvin has a huge stake along with others that this becomes a much bigger success. It is going as they have planned. GLTA. My opinion.
There has been no company dilution as we all know, so something else is going on for MM's to accumulate (manipulation) along with whoever they are helping. Anyone selling after these financials is simply unbalanced . This is most definitely accumulation time IMHO !
Undervalued lives here. Manipulation does also.
Your points are all valid. Also consider the proprietary software that we/BLPG are developing and in use to satisfy government offices. This is huge and key in my opinion. If you take care of the taxation issue you rule the entire space period ! Don't be surprised the large carriers will be trying to steal this software soon and vitally important that it is protected. Employee vetting will be key with no patent in place. As they (BLPG management) have stated they feel there is more legal protection as a trade secret. It's going to be a very interesting ride.
Add receivables makes about a million in net cash.
Were the MM’s playing pitcher and catcher yesterday with a majority of the action in order to get panic sellers and catch unsuspecting stop losses ! Seriously who was sitting under the bid at .25 to .29 waiting to buy 100,000 shares ??? Fishy as hell. MM games all the way.
Thank you for your analysis . If your numbers are correct, (sure looks convincing to me) and you were to give this a proper industry multiplier of 15 to 25 (you tell me ??) then what is actual industry value ?? Would you be thinking the 3 to 5 dollar range as a stand alone ? And this is not being held down artificially ?? Something isn’t right with how this trades. The damn should burst at some point.