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.0001
It appears as such
You’re right. O/S looks good; so this should move if they hold back on the dilution.
Depends on how long the delay is for the 10k. The RS could come at the same time or even before the 10k release. I personally don’t see this moving before the RS. And after...we all know the odds. Just my opinion.
What happened to the article...”Aluf Holdings Inc Forms New Board...?” Yet another red flag imo.
Let’s not forget that some companies could become defunct due to merger or acquisition activity.
According to the10Q filed 11/16/18, it appears they will need additional equity or debt financing. Might want to give it a read.
This company lacks transparency when it comes to their financials. I guess everyone seems to overlook this.
FYI...their website says “server not found”
I agree. Looking at the chart...ehh
We wouldn’t know because the last sec form filed regarding insider info, was form 3 filed on 3/25/09. This company lacks transparency, therefore shareholders are really betting on the dark. Apparently their penny stock exempt status is allowing them to withhold disclosure. They very well could be holding a lot of shares.
Red flag for the company, if the assets are higher than its revenue. According to Sec.gov, they are way behind on their filings.
BLSP’s levered free cash flow is 4.23 million. Levered free cash flow is the amount of cash a company has left remaining after paying all of its financial obligations.
I concur.
Demand appears to be greater following the RS imo. Let’s see if this volume holds up. Share structure looks better.
Yes, hopefully before a possible RS. We shall see how things are handled. Shareholder sentiment...imo, is of importance. Hopefully they feel the same.
The best resource for information is sec.gov and nvsos.gov
I agree. Thanks for sharing!
The December 11, 2017 8K states...”will become effective upon the company’s closing of a financing agreement for the construction of the BSB Facility within 18 months.” BLSP did this ahead of schedule in 03/2019! The 8K states “for the construction of”. It did not say started construction in 2018.
The probability of repeated events decreases over time. This company is listed as “penny stock exempt,” therefore it has to meet certain criteria to maintain that status. It appears that they are clearly making an effort for future growth. Of course with 000s, you can very well expect dilution and reverse splits; but let’s not forget that this is not a typical 000 pink sheet. With levered cash flow of 3 mil, acquisitions, and a vertically integrated company; I feel like a 000 as such is worth the risk.
Yahoo finance shows 68.15 mil. I think they update more frequent than the otc website.
If this company was in such bad shape, why is it so difficult to buy at .0001? Shares anyone? Lol
Buy on panic, sell when calm.
Right
Levered cash flow is 4.23 mil. Grants. Acquisitions. Good volume. Good float. No competition. I don’t know of any other .000s with this much growth potential...imo.
What about the 1.42 bil shares sold on 2/18 and 2.25 bil sold on 3/4? I see more red volume as of late. It appears that people are jumping ship. I’m sure Lagan is aware of the volume. If it were me, I would pass on the RS to improve shareholder sentiment. Just my thoughts
One of their subsidiaries “Red Rock Travel Group” website says suspended account. I will assume that they are no longer a subsidiary??
Yes, it is strange...the type of news they put out today. What about the 5 bil dilution on 2/28/19; and of course the delayed RS. What happened with that?
Yeah that’s if he doesn’t do another RS :-/
8 bil shares were authorized Friday. Imo...there will likely be more dilution, but I believe this reduces the likelihood of a reverse split. The 8 bil shares can be justified since the float is low. This company has positive levered cash flow and a lot of growth potential imo
They should very much appreciate you
The day before the expected reverse split, there was a halt in trading. On that day, there was an imbalance between buyers and sellers. Way more sellers than bidders. I’m just saying.
From the reverse split?
Director resigned yesterday. “Percent vol shorted” dropped significantly since yesterday. Likely due to resignation imo.
Exactly
Where? Most recent filing is 12-20-18
Inverted candle. Bullish. Also, I don’t see any recent filings on SEC
Bollinger bands show a correction coming
Anything is possible