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.
There is a reason why the website has not been fully rolled out.
That statement in itself should bring several questions to mind.
The real question is WHY has the website been updated, to the extent it has, and not finished.
We all know that new products were coming, and looks like many of those are posted. If you look at each service they are saying they are going to offer (Really look), then all you can say is wow.
So look at each service, and what it entails on the backend, then let me know which one is astounding Hint "Government offices".
As mentioned before FDA and the fact that MJ will never become a item you can buy off a wall mart shelf, also remember what I stated about the DEA, and how to validate MJ NOT coming across borders.
They seem to be spelling out each detail as suggested.
All of you should be excited to hold this stock.
Reporting for this stock only improves quarter by quarter, with fewer negatives that is only a fact, unless reporters are lying, which would have consequences via SEC/OTHER.
Currently if BLPG follows through with the current path, we are looking at first in line business practices, with making the rules capability, rather than following them. Maker versus Baker.
Now Its pretty clear something else is going on in Hypur with Galvin and Knutson. I am not sure that all are on board with end state of BLPG, or perhaps the end state model and direction everything was going?.
What we can tell, in none of the Hypur stuff carried over CURRENTLY to BLPG (as far as the programming). We also know that 5M preferred shares was pulled - can anyone guess who got those and why they were returned?
Seems Galvin stepped down from Hypur leadership? Did he step down, or was he released do to other?
Many unanswered questions, but they all ONLY and CURRENTLY seem to lead to delays that we are seeing, not to actually company (BLPG/HYPUR/OTHER) interruptions.
Anyway many key points from well thought out personnel, but as always no absolutes, other than we know BLPG reporting and company seem to be going in a direction that places them in a first place position.
Also and just in time as there are a number of other B@B companies coming on line in other states "eastern" that seem to be mapping many of these processes out even now....
Waiting on stage II to complete - I seem to align with Moneybags' on that - Jan seems like a cracking point, due to in part BLPG tax year ends, and thus a final washed year can be accounted for.
Remember if RM does happen, then quite possible new shares or a restructure will happen or....OR a possible forward split, if Galvin and company have already crossed all their "T" and dotted their I's.
Anyway, interesting for sure, and even a bit scary eh?
Look how many people selling versus buying?
GO BLPG, GO Hypur.
Look at website - only access into for pre existing personnel (Client module). NO access for a new business requesting module. That is all still being done behind the scenes by???
Also and just FYI - I am NOT referring to the "we would love to hear from you" page - Normally (always?) a company has a IN processing form to fill out, that gets forwarded into a system, thus leads to next stage and then ID etc....That's not being done here.
Same goes for Hiring etc...
Website still not completed - Stage II not done.
If we all hit Reddit, we could make waves, yet this has not happened why??? I suspect it is directly due to wanting to get the cheap shares. Is it time we all hit the streets hitting the BLPG drum or do we want to collect a few more cheapies?
Stage II not completed - this is not full website. I do find it interesting that they will be using VAADIN rather than build it out using HTML/JAVA. I also see hints that BLPG itself may just be one of a number of potential interfaces on this site (refer back to the use of VAADID)?
Either way, this is going to be big.
My prediction is just prior to, or after this next quarterly is when all will pop. Can anyone guess why this is relevant?
Anyway, I am personally starting to get excited, just around the corner so to speak.
GO BLPG, GO HYPUR, GO.........(ever wonder what happened to that 5M preferred shares?)
Its coming, just a waiting game - still waiting on stage two to finalize (web site opens up).
Correct as I defined earlier on the attached document above. The only issue we all should (need?) to be aware is that after the web site goes live with what should be great info (end of stage II), and the RS/TO is announced a rapid increase should (could?) happen. When doing the RM/TO I must assume that the share structure will change, even perhaps greatly from the one taking BLPG over?
Thus, after the website and the RM are shown and known publicly, then the current share price should climb greatly. IF NO share structure done when the RM/TO is announced (highly unlikely?), then a forward split (of course) would have to be completed, for the exact reasons you specified as well as to increase the outstanding due to the number of shares many have acuminated and could be used later on to drop/raise share price in a less attractive setting (shorting etc).
Thus, after the web site comes on line, many will do another pump and dump, and again, when RM/TO is announced.
Just some thoughts, please tear it apart, so we can all learn.
Either way Go BLPG, Go Hypur...Go HYPR?
Final piece of Stage II is website comes on line - going too be very exciting and mimics exactly what Galvin stated VERY clearly with the increase of business from 75 - to 100. If we are lucky (depending on angle) then they also announce a RM at same time, or just afterwards, depending on what their goal is (forward split?).
Right! Lets just say this.....There is a reason the BLPG website has not opened. Could it be a name change, could it be........
I mean think about it.....no reason a website would not be open and running, unless?
"They" have left it closed for a reason, we just need to focus on the many reasons "they" would not want it open and running......for the public to see?
GO BLPG, GO Hypur......waiting on completion of stage II.
Just waiting for website to be opened - completing stage II. Then as defined, we will see a pretty big jump. I suspect (SUSPECT) that the website opening will lead to stage III agendas.....RM or forward split -etc...
The changing of commander at the helm, and or internal personnel changed going on is secondary to increased revenue, and reduction to debt. In other words, most do not care who runs the ship as long as its making more money and downsizing its debt.
Like so many stated, and so clearly - we need a PR, or even better for that darn website to open up - pretty sure that will be the turning point.
Go BLPG, Go Hypur (Go Hypur Ventures)!
Never left, this is a gold mine, just need more miners to show up, so we can get to the real pockets, so to speak. Just a waiting game.
LBO scares me a bit (due to current debt) - too many unknowns....I don't think a hostile would happen, as the alignment is pretty defined, and we know who has full control.
Remember web site is next......Stay focused Lady/Gents
Right!!
Not an issue, when it happens again, just go look directly what actually has happened, and the potential things on the horizon.
Reality dictates that we look at ONLY what is factual, and all that looks' great. Stop letting them get under your skin.
Stay focused, you yourself know what the company is worth, where it has come from, what it has already done. It would be VERY HARD to look at that and agree even slightly with those others that have doubt - are you thinking that they are helping you??
That is why we all have done the DD and shown all of you that DD. So you yourself can rid yourself of the doubt?
Have they shown you something that opposes that? Really have they??
Human nature I suspect is the root cause of this. I do NOT know why they are trying to sway the board - perhaps they have other reasons.
I would take nothing from this unless they can show you why they believe the way they believe - hard evidence, like what and HOW the board over-all has shown.
Go back out to the SEC and look at the last years of qtr.(s)/An and look again for yourself, so it is fresh in your mind.
Stop letting them bug you.
Waiting is a hard game for sure, STOP getting rattled.
Go BLPG/GO Hypur.
Interesting for sure.
Hows that....
Tock....
Must Forgive me all, lots going on currently, I had no time for anything right now. I suspect all have already done the comparison and can now see what all those doing DD have said all along - BLPG even as a stand alone has come huge leaps forward, and only continues to amaze.
Everything I wrote on the 1-2 pager still stands true, other than perhaps how it rolls out (and timeline), as I believe I stated.
Just hold on, there is always turbulence - always.
How BLPG and Hypur interact is what we are all looking for right now. That will be expressed on their web site, if not by an earlier PR that could come before that. That as defined aligns completely with what I called stage two per the outline. That means I see it jump at the end of stage 2 as mentioned.
Then on to stage three!!
So far everything seems in order - More in the following days as I will be less busy.
GO BLPG/GO HYPUR.
All still in order, nothing has changed - just hold on.
I once sold instead of buy, by accident.
Ha ha - good one.
Perfect!
Right! Remember the act of the "D" coming off was (us hoping) that the website and the new quarterly was to follow. Those two things are what we are/were excited for. The fact that the RS was completed and we lost no value, that was what we were excited for. Also the fact that once all those things happened, the possibility of having bigger boys/girls attracted to BLPG is/will be more of a possibility is yet another reason.
Things are just moving a bit slower than we had hoped right!
Now the Quarterly has been filed - I think based on that report, tomorrow will be a great day. wouldn't it be GREAT, if the web site opened by Monday, and the programming within it is correct???
My goodness, how could it NOT go up??
OMG - come on lady/Gents, just read the board - we are all a bit stressed for sure - the pressure, and the fact we cannot see something wrong - is a bit unnerving for sure.
Lets just focus on what we can see, and that is that BLPG is continuing to improve, make money and reduce debt, as well as Cost of revenue. That's what the reports say, NOT me (my goodness).
Stage two ends with the opening of the website - I am not in control of any of that, but does anyone think they will not open their site back up?
All we can do is present the greater possibilities; like their web site will open back up, and if what it says (the programming) is true, then it shows that BLPG has an even greater role is the cash/carry "way ahead".
None of what is being relayed, as far as I can tell, offsets itself in a way that can be construed as wrong, but may only be out of place, as far as the time that it will happen.
Stop freaking out, that is what scares others away. Stay focused, do your DD, and do comparisons with others that are willing. The only people that I distrust are those that will NOT present why they believe an action will or wont happen, because then I am unable to do a comparison of what I believe against it, thus must conclude they are just venting, or have an alternate agenda, than trying to actually figure out way ahead.
That all said - all agree that BLPG as a company and a stand alone has dramatically improved - because that is what the last 10Q, the one before it and so on state clearly. There are NO current indicators that anything is clearly wrong (how much they are able to depreciate is down?).
Anyway, enough said, lets all stay focused, and stop FREAKING me out.
Forgive me, just back from a mission - I do not believe anyone needs to worry, STOP PANICKING, we all have skin in this game. According to all presented, nothing is off track. The 10Q clearly shows movement forward.
Please keep in mind, my intent to the others on this board are only honorable, in as much I try to always show my thought process. Thus others can see possibility (or negatives) in all areas, esp. as we move forward. But all must complete their own DD as a comparison to mine. This will help you and me.
That said lets quickly examine the 10Q - just a quick look, and if given time in the AM before my departure, I will offer more detail: The 10Q has many many key areas of interest. Here are a few:
Look at furniture and vehicles - this could be seen as a new vehicle, and furniture that occupies a new location.
Also revenue etc... Once again revenue increased and cost of revenue decreased!!
Very little dilution 10,010 shares? can that be right???
Customer bases are spreading out also, with fewer main players and more spread out players (better to have 1 million customers with a buck, than 1 customer with 1 million). The one customer base is still growing and now at 21% which makes me a bit nervous per the statement I just made. Also look at the different quarterlies customers across the last 5 reports, and as BLPG started gathering steam - quite interesting
total liabilities down 900K.
Accumulated deficit down
Stockholder deficit down
My goodness, I am excited to look into this into the AM.
It shows clearly what we have all been saying - BLPG even as a stand-alone is only improving, and rapidly. Yayy!
That being said, most of us by now have examined the other companies that HYPUR Ventures I/II also took on, and the ones I could examine, ALL are doing great and have been merged/acquired etc....that in itself shows us another pattern we will look at later.
Now we need the Website to open, so we can conclude Stage 2, and move unto stage 3!!!!!!
Must forgive me, I have been swamped with a number of other demanding tasks so have not had the time to put together the comparison that was due on Wednesday. Once back COB tomorrow, for sure I will get busy.
Nothing as far as I can tell, seems abstract in any way from what we are currently tracking, as far as an end state. granted waiting for each piece to happen is KILLLLIIIINNNGGG me.
Also yes, I wish a PR would come out, and soon. I suspect around the time the web site opens we will start to see a NEW set of procedures also come out, that dictates more PR's with voices and patterns changing - fingers crossed.
I hope this helps
GO BLPG/Hypur!!
Yep, I actually started when it was at 125M?
Ha ha, bravo, that is in part why we want to (on wed) do a comparison on related debt - to find out exactly what the start line looks like. Remember BLPG was initially a PIPE deal (look up PIPE deal).
https://pitchbook.com/profiles/investor/166567-60#investments
We can see what is owed, whether in shares or money - what does the start line look like? Meaning How many shares over-all are currently owed to Galvin and company etc...etc... If authorized NOT increased etc., then forward split? Lets present a one page paper each and do our comparisons.
There has to be more negatives out their than a Take-over.
Right. I am now trying to find a connection between Galvin and BLPG and other companies, perhaps how they are entangled. There in lies the problem, as NO connection may be available, thus we may just have to wait and see....aaaaaaaaaaahhhhhhhhhhhhhhhhhh - NOT giving up, just going to take more time.
Great, and remember the new SPAC rules. Just a note of interest.
Also spoke with Tahira Rehmatullah June 2019 to clarify a few pieces - just after reading that article - lol
She CC'd Galvin and Tyler.
Great Nag, was actually looking for the chart - for some its easier to look at.
It shows the 4 areas and what is in them.
PRESS RELEASE
SCOTTSDALE, ARIZ. (PRWEB) MARCH 28, 2019
Hypur Ventures, a leading venture capital fund dedicated to investing in the legal cannabis industry, announced the launch of its new fund, Hypur Ventures II. The fund is managed by Hypur Ventures II GP, LLC whose members have been operating and investing in the legal cannabis industry since 2012.
https://www.greenlightcrew.com/news-2/2019/4/2/hypur-ventures-launches-fund-ii-to-raise-up-to-500-mm
A portion of the Hypur Ventures II portfolio will focus on mergers, acquisitions and rollup opportunities.
https://www.yahoo.com/lifestyle/hypur-ventures-launches-500mm-cannabis-160000728.html
According to what I have read, BLPG started out as a PIPE deal.
Yes, and No.
Hypur Ventures II happened in 2018? I am looking for that document now, OMO used to have it posted.(https://apnews.com/press-release/pr-accesswire/1ed46363ee1e73f83777d01300bcd197)
In 2016 (post 3094) or better yet (https://www.globenewswire.com/en/news-release/2016/09/21/873509/0/en/Anslinger-Capital-Merges-With-Hypur-Ventures.html)
OMO as always was right a number of those companies are already acquired/merged. Some are still in late stage VC.
Then later Hypur Ventures II came along and started to acquire more companies. I know the release that OMO had put out on them just stated areas of interest, no longer naming exactly which companies.
That still stands true, and when compared to current 8K that just came out does fit.
Just because the idea has rhyme and reason, does not make it true - I am just pointing out (basically) that the last 8K from BLPG clearly shows a hierarchy being built.
I was also showing that with that in mind and the way the 8K defines each piece that other KNOWN companies are all private, and that it fits very nicely into a very defined plan ahead.
Also that the possibility of BLPG merging into another company does not make since, as the 8K shows that to be more or less abstract at this point. Thus BLPG or whatever it name will become COULD become the base for all this happening.
I must be honest, I am having hell of a time figuring out what the other companies are, esp. after OMO dashed my dreams and had me go out to verify already known companies. Just FYI, a couple of those had interesting aspects, in as much to say, I could not find out who now owned them, which only means I need to bring my A game a step up, which I am now doing.
We need to find the other companies that are maturing via Hypur Ventures II. I want to believe that would be the quickest (possibly clearest) route to proving what I am claiming.
Please know I am not saying that Hypur owns them directly, but that all of them have alignment to an end state that I am proposing.
Thoughts?
Yep, right again, These have all been acquired, but one - still in late stage VC.
Simplify – MJ compliant growers (How many shares will they bring to the table?)
Willy Reserve - MJ compliant product (to be sold) (How many shares will they bring to the table?)
Cannasure – MJ compliant Insurance. (How many shares will they bring to the table?)
Calyx – logistics compliance/taxation (How many shares will they bring to the table?)
I am even now trying to perfect my "private company look-up system" - Still have NO data on 5 or so companies?
The reason I am pushing this is to see exactly where we stand before next report
This is why - my team came up with, and I suspect all will be quite pleased.
Here is another way to look at it - what could happen, based on a plethora of easy to find info, all of which I will show (or reference in its place and time – or this document will become very large).
That all stated I will NOT speak (DIRECTLY) in any great detail about BLPG, as all here on this platform understand clearly its movements, where it came from, and just how well its doing now that Hypur has taken the reins.
Must also forgive me, what I am getting ready to say/write, could not be done yet, due to not having enough of the picture.
That stated and disregarding the statement before last, we all are aware of the bylaws that just came out on the last 8K for BLPG. Please go out right now and look at:
Section 2. Restrictions on Stock.
This piece at first confused me…perhaps baffled me? It explains a derivative of the overall structure, and if you look at that structure, then you can see that several subordinate hierarchies are being created, that is topped off with “Restriction of stock”.
Clearly defined Hierarchy?
That means to me, unless the 8K is amended, then the other companies that Hypur Ventures took over must be going INTO BLPG, or whatever its name will become.
So let me say this another way ----
We know that at least by Sep 2016 Cannabis, Anslinger Capital & Hypur Ventures Merge Funds. At that point they already had growing holding in several companies, one being BLPG (see post 3094). We also know that they morphed into Hypur Ventures II, and no longer shared the names of the companies they were buying into, but instead just showed AREAS of interest.
Is it possible that Hypur Ventures the capital firms specializing in the cannabis industry, NOT Hypur “the company” are creating another platform to move all these companies into – NO, not unless the last 8K done for BLPG was to throw humans off their path/scent?
SEE - Section 2. Restrictions on Stock.
That would then mean that BLPG name would need to be changed to whatever it will become first or simultaneously with other actions.
Here is how it COULD play-out – a bit more detail:
1. Name of company is changed to…KING DUT (we will use this as an example).
2. BLPG the transportation company becomes subordinate and within – number of authorized shares are14M
3. Hypur “the company” merges into KING DUT. Number of authorized are?
These two companies now more or less are the designated MONEY (compliance) piece of this puzzle.
Then the other 9 (?) companies are merged into that platform.
Simplify – MJ compliant growers (How many shares will they bring to the table?)
Willy Reserve - MJ compliant product (to be sold) (How many shares will they bring to the table?)
Cannasure – MJ compliant Insurance. (How many shares will they bring to the table?)
Calyx – logistics compliance/taxation (How many shares will they bring to the table?)
The list goes on.
Interestingly enough, the total dollar amount of all the above is enormous, from what I could pull due to them all being private companies, but if the dollar amounts that were invested in them (500M+++) is true then can see why.
The placement of each company is different, with mergers, acquisitions (many completed Jan/Feb this year), and Later Stage VC and how they are placed currently.
Now once again SEE - Section 2. Restrictions on Stock.
All are private companies – NOT BLPG.
SSSSOOOOOOOO much more, but suspect you see the picture.
Bottom line – BLPG will have an exciting future, was an understatement, based on Galvin’s statement.
I hope all are ready for what is to come.
Go BLPG, Go Hypur...go..go...go
Cool, lets all present this coming Wednesday. That way we all can have our conclusions completed. This is just a way for all of to see what we may each be missing!!
Nag/stox/bio/atom/lord...(all the smart (in the know) regulars)) - Lets dig into related debt. Deep dive so to speak, and all come to conclusions,
Then we compare our individual conclusions?
Anyone in?
Perfect, and as always well placed, and put.
I am so excited for next quarterly. I like most can see development on all fronts, and to see it in writing stabilizes each piece, and the way ahead.
Also thanks for dashing my dreams of having to wear a diaper on Monday (wet myself) due to all the excitement that a PR would come out Friday (tonight) after hours.