....is taking profit!
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$BLPG - Yes, I currently own shares, not tons but yes.
The points I have made today should be talked about and how this company can be successful even though these things are going on. Just insulting or laughing at someone and saying they need to do more DD diminishes credibility. It shows me that there is either a lot of deception or a lack of understanding and market education.
An honest conversation about possibilities and challenges are what give any investor and the company an edge in the marketplace. This ticker has no chance if we ignore the mounting red flags just like it has no chance if we ignore the upside and speculation. Im not here posting, scam scam scam or death spiral or trips soon. Just want an honest conversation of the ups and downs. The people who are trying to stop this conversation dont surprise me, I've been doing this a while.
I will never be silent while a new trader is asking for help and no one is actually telling them anything accurate, there is no place for that in this world.
Much respect for moneybags888 for posting that the company needs to be transparent. It's going to be a lot easier to talk about the upside once the flames are put out I guess is my point.
Yes, I want BLPG to be successful but It never will be until these things are addressed. The right people to make good things happen here are going to stay away. I would love to take this to a lot of the traders I know and say this is the one but I cant do that yet, thats what im looking for.
$BLPG - If Galvin was going to merge his crown jewel into BLPG he would just forgive the debt and take it off of the balance sheet. That's what I would do and I started, built and sold two business's before becoming a full time trader. Non of this makes sense and you know it. You've been posting on this ticker since 2019 and still havent figured it out, lol. It's obvious to anyone who's successful in the business world, that's why there are no serious traders here towing this line of speculation.
All of this crap that happened on this board today was unnecessary. None of the negative stuff wouldve been said if PASSS hadnt acted like a freaking 3 year old over the FINRA stuff. There was a guy obviously new to trading and non of you were telling him the truth and thats messed up. We have to be better than that.
$BLPG - What about that isnt accurate?
That 19 out of their 33 active notes are currently in default/due and payable?
That 3 more additional notes on top of those 19 for $330k are going into default on June 14?
Or that FINRA may not approve the paperwork for the split with the Authorized share count the way it stands?
My point has been since that post that FINRA may not approve it the way it was given to them as stated in the 8k. I never thought for a second that you guys would go semantic police on an experienced trader, lol. This is what my 11 year old does to try to get around what I say.
BLPG - What the hell man.....you just literally said I need to go do research and then agreed with what I said. I was not questioning BLPG and my comments were simply to correct the childlike immature semantics that you grown men/women are posting. Grow the hell up you guys!
The split doesnt happen if FINRA says the paperwork isnt right.....therefore the final say is with them. This comment does not pertain to BLPG, this is with all OTC's.
I have no reason to believe anyone is shorting BLPG or that management is working with MM's in any form whatsoever. I simply said "if" anyone was it would be a MM naked shorting and not a retail trader. I was simply letting him know that most otc are not being retail shorted if they're being shorted at all.
Another good deflection of my point, lol. You could at least give a new guy like that the right direction and tell him they do approve the paperwork just dont think thats the case here.
Good luck though, hope you're right the merger.
No retail trader would short this, at least not one in his right mind. MM's would be the only ones.
One thing to keep in mind in the otc is everyone screams about shorts and there is almost always no retail shorts on a cap this small.
$BLPG - in this case im not talking about a merger. FINRA could be handling a merger for BLPG right now. The issue was you insinuating the FINRA has no say in whether the split goes forward. They have to approve the all of the documentation to process it. You know it, I know it and anyone who's not a green newbie knows it. So why......
$BLPG - Are you seriously going to insinuate that FINRA doesnt approve the paperwork sent to them to process a split? If all they did was process there would be no holdup, they would shut their mouth and process the split.
The company/shareholders approves the decision to have a split and finra checks/processes/approves the paperwork.
Why would you try to do the semantic thing with me of all people? You know I know better. Kinda childish bro.
He's playing semantics and he copy and pasted that straight from the FINRA website.
The company votes on whether to effect a stock split. In BLPG's case the board did it without shareholder inquiry, which is normal in the OTC. FINRA will process the split if the paperwork is in order, everything matches filings and so forth.
FINRA's job of processing the split is the last step in the final approval of it.
Ok, how do you know FINRA isnt waiting on BLPG to satisfy all of their requests? Neither one is worse than the other really and I guess it really doesnt matter, just curious.
$BLPG - Its all speculation. FINRA submitted questions and inquiries to them and we dont know whether its BLPG waiting on FINRA or FINRA waiting on BLPG to resolve the issues presented by them.
I agree with your earlier post that its time for transparency. At least with the regulatory matters.
$BLPG - They're delinquent because they haven't filed a quarterly report since the one filed for end date 9/20/2020.
The FINRA hold up is extremely weird actually. Since we dont know what their issues were that BLPG had to explain and fix its really a mystery.
My best guess/opinion is that the split they're trying to affect doesn't account for the convertible debt that's in default. Meaning that if those debt holders convert tomorrow the authorized share count has to allow for the shares to be issued.
Again, without transparency all anyone can do is guess.
$BLPG - SEC delinquent again. They need to file their Q's.
Lol, come on PASS you know we were both long at the same time in Discord I used to be in, and that I was for a long time. I've been consistent the entire time.
I will buy a couple million shares immediately no matter what the price if somehow they do merge with Hypur. I will buy absolutely nothing as long as the company ignores shareholders.
Yeah, im 260lbs myself and know the feeling, lol.
I completely agree that BLPG and HYPUR are connected, that is undisputed. BLPG moves their money for them and owning a significant portion of the company via debt and warrants is just good business and puts you in an extremely commanding position with them.
Once the new administration took office and MJ and MJ banking reform started to happen this more than likely changed everything for blue lines future. In the not so distant future there is not going to be a need for money transport once big banks start processing MJ funds.
Im in no way hoping that an amazing deal doesnt happen, and a merger with Hypur....would be amazing. I just dont see it making sense anymore.
My first trades here started on January 4th, at .0009, I've been here the whole time and im very experienced at doing DD. The difference is I see it realistically because being a full time trader.....hopes and dreams dont pay my mortgage.
Lol, I doubt you're a small bus guy!
The truth is, and this wont be popular here, there is absolutely zero evidence or any actual DD that suggests Hypur will merge with BLPG. That is a fact. In a podcast Galvin says there is absolutely nothing flashy about blue line....what you see is what you get. All he says is that there is some good things coming for them, but saying that its a merger with hypur is nothing but wild speculation.
My point in saying this is that your post suggests that a merger with hypur is a done deal, when the truth is right now its a non-communicative company with overwhelming debt that most of is in default.
I do think BLPG is eventually going to have some kind of good news or a JV, I dont think there is even a small chance that its with Hypur. Hypur could take over a shell for $30k and merge into it for a small fraction of the debt BLPG owes that Galvin doesnt own.
Ive been firm on this for months now, the only reason that this is not trading well into pennies is the lack of communication from the company. The radio silence is unheard of for a publicly traded company and is quite frankly a gross dereliction of their responsibility to shareholders.
The only reason I can think of for the company to be this quiet is that they want the price lower for some reason. Literally, nothing else makes sense. FINRA not allowing the RS going on for over a month should be extremely worrying for any shareholder here.
All that being said im still holding onto 100k shares just in case something crazy happens but so far its just a pile of red flags, which is why I exited the majority of my position a couple of months ago.
GL to you bud
Hypur most definitely "does not" own all of the debt.
$BLPG - If they're allowed to RS. FINRA probably isnt going to let them reverse the authorized count with 80% of their $2 million in convertible notes in default and available to be converted.
$AFPW- should see filings and company updates, hopefully this week.
$SENY - Agreed, lots of traders are going to look back in a couple of months and realize that they could've bought a $1 stock under .10! Moody custo's are legend...
I agree with you on KALY, but he’s referencing a Canadian ticker not OTC KALY.
$NECA - alright, lets see an eod run here and close 7 or 8
A lot of fake shares at .0007
$NECA - could see .002+ easily. 2 billion shares churned at 500%...This is being massively loaded for a gap and run tomorrow. Be nice if the next group of filings dropped AH too.
$TPII - yessir, float at only 20 mill too, massive potential here going into the end of the year.
$TPII - Very similar just TPII float is about 30 milly smaller than DSGT...this is a huge find here!
Still no notes, cash on hand is way up but gross profit is down some. BLNK investment section is the same.
$HRBR - basing up a little more every day, this will get nutty with the coming filing.
$ECEZ - beautiful trading so far today, def wants to drop a zero!
$ECEZ - O/S could trade in 2 days, almost locked up
$ECEZ - beautiful accumulation yesterday and today. Undeniable volume and loading....always follow the money.
$ECEZ - loaded up earlier, undeniable volume and $390k traded already today.
$HRBR - L2 is super thin, every time those big numbers get hit they disappear!
$HRBR's CEO & Secretary is also Air Wisconsin EVP & CFO
https://www.linkedin.com/in/christine-deister-2497522b/
$HRBR - Not sure, but im willing to wait it out. R/R is too big to bail on this one.
$HRBR - looking forward to seeing the audited filings from Grant Thornton. I think much will be revealed here and they can no longer operate in the darkness, they will have to reveal their true value. Imo, this is the biggest OTC sleeper in existence right now.