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That’s why I believe the float is tiny and the PPS is nothing but a short term anomaly from artificial M movements along with help over here spreading FUD. This thing is incredibly spring loaded and the slightest positive news or event will set it off. FINS !
If I understand you correctly ? Using your logic in my opinion, a guy named Joe buys a house and in order to do so takes on two mortgages and major credit card debt to both buy and furnish his new home. Joe has a new job that pays a lot of money and within 24 months he (Joe) not only pays off his high interest credit cards , he also pays off the second mortgage and most of the first mortgage. In this scenario would you suggest Joe makes no money or is actually losing money because the first mortgage is not completely paid off ? Would you say Joe is not profitable ? Would you say Joe is "not making a profit" ?
Still not sure your point. Fins coming soon. CEO gets massive raise after only a few months in appointment . Zero dilution here. Company making a lot of money. Extremely profitable already after three years turning this thing around ! No toxic debt. Be ready for a large PPS increase in March or beginning of April IMHO. And this increase coming is just the beginning and very big announcements to come this year. WATCH
Huh ? Where on earth did you get that
What are you driving at Harold ? Who cares how many "common" shares they have ? I see a fat salary increase to our CEO from a company (BLPG) that does not dilute/sell shares, that should tell everyone something. The best is yet to come.
Quote: "I was appalled as I read it had to read it 4 o 5 times to make sure what it meant."
For those who are on the fence, the price is about to go boom ! Wait , watch, and see !
Yes proof of the viability of BLPG. NO DILUTION AND LARGE SALARY RAISES WITHIN THE COMPANY ! This is exceptional and more coming soon.
You stole my line ! LOL , anyone who says this company isn't making money has no clue ! 54 K + raise and zero dilution says it all. Much more to come and we know it Biotechotcguy good assessment. GLTY
Absolutely I will. This thing is spring loading big time and when it starts its inevitable ride North again I will be in the drivers seat of this rocket. See you at the moon old friend. Know what you own or remain at ground level.
$10.00 tickets coming soon. I’m buying now before the show at a greatly reduced price. WARNING, there will be scalpers at the entrance wanting much higher prices than 10 bucks if you come late without tickets.
Couldn’t have said it better.
FINs by EOM so any day
Not me. Have you tried PM him
What float ? I can't imagine there is a quarter million shares left in the float and that would include any paper hands that may be left. It would be extremely hard to get anyone to give up control but I will hold your shares if you would like lol. I will even put them in a fund for anyone who would like to join. Is everyone a board member of this fund ? Who calls the shots ?
The example I saw of another unknown tech company by the name of Apple runs a gross profit margin about 1/2 of BLPG but has an operating margin nearly the same as BLPG for( apple 2021 first quarter) . That unknown company seems to do pretty well. Cant wait to see our yearly and have the brains here decipher for dummies like me. This little company BLPG looks to be a winner and has nearly limitless growth potential as is already being demonstrated. PPS will undoubtably soon reflect the actual value of BLPG.
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Apple's fiscal 21 first quarter
Revenue $111.4 billion
Cost of Goods Sold $67.1 billion
Gross profit $44.3 billion
Gross margin 39.8%
Operating expenses
Research and development $5.2 billion
Selling, general, and administrative expenses $5.6 billion
Operating profit $33.5 billion
Operating margin 30.2%
This post from OMOLIVES is a favorite of mine and pretty much tells us what to expect from the annual. This shows our direction.
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OMOLIVES
Sunday, February 20, 2022 7:15:25 PM
Re: Biotechotcguy Post #14958
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Post# of 15019 Go
It wouldn't be hostel...they essentially own them and run them. This is what the turn around looked like after Galvin was put in as Chairman in 2018:
Year end 2017-gross margin of 25% ...operating income negative
..three years later...
Year end 2020-gross margin of 71%!...operating income at 21%!
Last quarter filed-gross margin of 72%!..operating income of 29%!!!
They also righted their original investment of preferred to where they purchased them at..and are only down half of original issue dollars. They were tainted for years.
That is taking a bad investment originally and cleaning it up in a big way. This Company has not borrowed any money since September 3rd, 2019($21,000 from Hypur Inc.)
The last time they borrowed from any unrelated short term lender was March 21, 2018. All unrelated third party debt is gone and now clean.
!!The operating margins are just sick!!! That is hot as hell.
I think so too, but no matter what we continue to grow exponentially as the annual will show. How can we help but grow ? BLPG/HYPUR Top players in this industry with huge profits already and growing yes again EXPONENTIALLY !
Agreed. We see this nearly every day. Jumps on any buying volume. The float is locked in my opinion and has been for months. Just a few shares being thrown back and forth with huge spreads means nothing. Smoke and mirrors and does not reflect actual value in any way. Fact.
Nothing safe with war looming . Unfortunately the worst people in charge ever. Not sure how important weed will become in these times. Meanwhile jail the actual peaceful protestors in trucks while the real perps during the "summer of love" get their bails paid while they burn loot and murder (BLM). They will call evil good and good evil Isaiah 5:20. This is where we are.
Nothing. The usual huge spread and very low volume drop. Goes up even faster with any buying pressure. It has these ridiculous spreads for many months now. Fast up fast down. Waiting on killer fins due end of March !
Anyone buying or selling has nothing to do with the company or insiders buying or selling. Zero required filings to suggest otherwise.
So C. Galvin is no longer a director back on Aug 12, 2021 ? Still he is a consultant the entire time probably up though present it seems. Consultant / director, isn't the Director more likely to react to the consultant (especially when the consultant owns the company)and not visa/versa. Wouldn't that be the more likely goal is to become a consultant that has no need to live the job now. A couple phone call's per day , basically the good life. What am I missing ? Was there some earth shattering event within the company on or around that date ?
When I looked up consulting services, one definition is “do nothing now but here’s my bill” lol. Yachts have high fuel bills. They don’t run on air. JK . There’s something more here, I don’t pretend to know what though ??
The consulting fee went up eight fold in one year.
With your cat like reflexes you will be fine Im pretty sure. You seem to know more than anyone here. I just wont take the chance so I keep building my position.
You must be waiting for what ? If you haven't "jumped" yet. Hope you're in by now. GLTY
Thank you OMOLIVES and Biotechotcguy. Very much enjoying class.
I’m thinking the same thing. Usually how it goes. They were/are good friends but partnerships can be extremely difficult. Depends on who did what. A lot of money involved and handling many billion’s in cold hard cash. Only 1% would make anyone filthy rich.
Quote:
“I am sure things will be cleared up fairly shortly and everyone will kiss and make up...lol “
The M's artificial intelligence gets confused when there is an extremely low float.
So nice seeing this "orderly market" with only a 28 + % spread.(sarc) No one should be confused by what is being done by now. This thing is wound up tight.
Very reasonable post and in agreement with many . BLPG doing just fine on it’s own. Possible merger only icing on the cake.
Thank you for the info i_dont_know. So just as likely we won't see $BLPG fins until end of March. Good to know so when we see posting's of the unsubstantiated we will know better.
Does 111 mean pending news and I need shares ? Hmmmm guess we’ll see
Look at this SS ! BLPG as a stand alone should have a market cap of 30 mill on a bad day ! My opinion, do your own math. If merged then times 10 on 30 mill market cap !
BLPG SECURITY DETAILS
Share Structure
Market Cap Market Cap
3,394,058
02/14/2022
Authorized Shares
14,000,000
02/14/2022
Outstanding Shares
8,485,144
02/14/2022
Restricted
880,638
02/14/2022
Unrestricted
7,604,506
02/14/2022
Held at DTC
7,499,074
02/14/2022
Float
Not Available
Par Value
Not Available
Market Value calculated only for respective security
I’ve always said anything under 2 dollars here is bargain time. That number will be much higher in the not too distant future imho. Just the fins could take it past easily. GLTA longs.
If the newbies would realize how the M's were manipulating this down for many months is one thing I would pay attention to. The float is non existant and has been for many months as todays small volume and price action shows. The float is locked up and I doubt too many longs will be dropping shares until we are in the 10 to 20 dollar range and some like me much higher. Newbies need to study what this company really is in my opinion. I know we are a long way from there but can happen very quickly based on all known factors.
Well said and possibly timely. We shall see. At least the spread is within reason finally after how many months. Longs here know this is worth many multiples of the current PPS as a stand alone. 10/15 times with an honest multiplier. Then with possible merger just take that times 10. This really is a no brainer. All the legal side of a highly regulated and complex industry.
Wow what happened to the dishonest spread we’ve had all these months ? Are they finally going to let it go ? An honest market for a real company making millions processing billions of dollars each year ?? I believe it if stays this way all week.
I happen to think you are right on this. Did you happen to see the bid/ask a few minutes before close on Friday ? Pharze posted yesterday on Stocktwits ? A 100+% spread on bid/ask ! Something is definitely about to happen and as you know this could see a dollar plus in about 20 minutes of trading with our non existent float with any real volume.