Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And one last one.
http://www.spoke.com/people/marty-wittstrom-3e1429c09e597c100374a691
He used to work for ChevronTexaco, where he held several exploration, production and technology management positions. In addition to managing major E&P capital and operational programs in the Rocky Mountains, Mid-Continent, Permian Basin and California.
A bit more detail. Also speaks about his role in other areas.
https://cgefconference.com/person/marty-wittstrom/
https://www.cgef.org/userfiles/Files/tripreports/2018%2009%20Rio%20Oil%20&%20Gas%20Report%20KB(2).pdf
LOL - Right!
Nice File your 13D/G:)
Where do I find out who owns 5% or more (13D or 13G)? SEC does not show it, or says no one does?
Thanks OMO. Also just wanted to say thanks and Merry Christmas to you - You have been a great help with this stock, and keeping the rest of us focused.
Thanks, same to you.
Still diluting.
ATTENTION - I see no documents on the RS being cancelled? SEC has nothing? Explain please.
Financial - Meaning Potential for growth has ended?
Delisted? OTC stocks are unlisted stocks? I get the whole moving over to Hypur - But why would Hypur invest such a great amount of money on a public stock if that were the case? They could have created their own business platform? Financial?
OMO please offer some guidance - 1/20 reverse split - initiated on 2018-09-18. All I could find on reverse splits was rules governing them are state, not federal....one year?
Is anyone worried about a Schedule 13E-3, being filed "reverse stock split" will result in the company “going private.”
OMO please explain (2) - and how they can define a price without knowing when the conversion will happen? Also wouldn't this need to happen prior to next quarter, if they indeed will show that they will no longer need additional funding? Otherwise they will pay an increase in price, as the stock has the potential to jump?
Quote:
On October 18, 2017, the Company borrowed $150,000 from an unrelated third party. The Company paid $15,250 of fees associated with the loan, which was recorded as discount and to be amortized over the term of the debt and was fully amortized as of December 31, 2018. The loan bears interest at a rate of 10% (default interest 24%) and has a maturity date of July 16, 2018. The Holder has the option to convert the outstanding principal and accrued interest into common stock of the Company. The conversion price is the lesser of (1) lowest trading price during the previous 25 days prior to the note agreement or (2) 50% lowest trading price during the 25 days prior to conversion.Covenants: The Borrower shall not, without the Holder’s consent, sell, lease or dispose of any significant portion of its assets outside the ordinary course of business. During the year ended December 31, 2018 the Company paid $150,000 to extend the maturity date until May 11, 2019. During the nine months ended September 30, the Company paid an $75,000 of extension fees. The note was discounted for a derivative (see note 8 for details) and the discount of $134,750 is being amortized over the life of the note using the effective interest method which was fully amortized as of December 31, 2018. During the nine months ended September 30, 2019 the holder converted $36,238 of accrued interest into 181,886,566 shares of common stock resulting in a loss of $54,425. As of September 30, 2019 the balance outstanding on the loan is $150,000.
Anyone?
Agree pack10, lets hope they don't do a CBIS move.
Do they by law have to do reverse prior to year end?
Thoughts?
Once they do a reverse split then they will have a more definable way ahead - NOT unlike MCOA(D) just did. The bigger issue is price comparison, which I think all are aware of - same product, but double the cost - so much more .
Right!!
OMO - Please break down what you just said. I mean in baby terms, I am still learning!
Here is a bit if I am NOT mistaken - The next Quarterly report should be through October 15 (14th?). that should come out by November? Correct me if I'm wrong!
Yes, do tell!!
OM, like you I do a great amount of research, very long process. I would be excited to know what other stocks you are looking at - I of course will do my own research - I anticipate that BLPG has two key stages left (Oct 14 "quarterly/reverse split", unless delayed and a acquisition/merger of sorts, that should be done by Dec time frame depending on the three different possible outcomes. Not accounting for Hype as we round the corner to election time and how that will effect the outcome temporarily.
I am following you through the research - stay focused.
I am guessing 7M shares left - shooting from the hip? Run could start today? Thoughts OMOLIVES?
Heh, Heh...I suspect both you and I are looking at this in the same way - a bit amazing for me, as I have put like 100 hours of research into this one.
1/20 reverse split - look at 8k (2018-09-18)
Look here:https://www.sec.gov/cgi-bin/browse-edgar?company=blue+line+protection+group&owner=exclude&action=getcompany
OMOLIVES, what do you think will be max price we will get for each share after split? I have run the numbers many many different ways?
NOT pump and dump....98% of all shares sold were diluted by BLPG(green).....I saw only 3-4 people who sold a few shares(red)....I track that.
Why are they still duluting?
Texas? Why are they leasing a building in Texas? Leased another vehicle. My thoughts are Hyper and BLUE line ae clearly working together, otherwise Hypur would not just release them from the interest. Thoughts? STILL BAFFLES me why they file that the report will be late then.......someone changed their mind on something?
Why is BLPG a Schedule B and not A?
This quarterly through 30 june - will it jump or dump. lets see who has best eyes on!
OMOLIVES, where in the heck are you getting the current debt, or even the current Enterprise Value? Are you doing everything manually? Thanks
OMOLIVES, what in your opinion do you see it dropping to? Am I wrong in my understanding that they cannot sell above 1.4Billion shares (cannot have more than 70 Million shares after split). Are you looking at the 9M Venture fund and 3.94M (12.94M) of Revenue across the outstanding shares as an end state (new Market cap)? Let me know if I am wildly off.
Must be other indicators of their direction out there? Come on does NO ONE have any additional info than what we already know?? What other message boards are you guys using????
Should see something before Aug quarterly report! File late to delay - perhaps, next date is 15 October?
Stay focused - No reason path as mentioned will not be produced. NOT ONE person has been able to show us anything that shows differently, in fact I would feel much better If I could get my hands on something that shows another side of this.......the waiting is killing me.