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.
Yeah I know we stupid and gullible investors shouldn’t complain ! WTF look at the market caps from these companies. The market cap increased! It is the stupid management which diluted like hell! …and again look at BLPG revenues are stagnant over almost the last two years … why they don’t doing marketing? No social media activities! That is just stupid especially in the the MJ sector! And Dan Allan is a dilution machine look at his history and white the options he granted to him he is doing it again! Dan allen pls step down!
Saw this today too as I read their last PR.
Thx for holding my hand BIO but patience isn’t that easy these days but to be honest ! We have no choice
And the worst part is I sold my luckin coffee at 8 dollars for this crap. If I would held lkncy I would be up more than 100% but so I am down almost 80%. Ok this was my decision and my mistake but I am so pissed by this turd! Hate this crap Stock!
Yes! Maybe you could add another year. something new from the MJ bill?
Indeed new job posting for a amored truck driver in Phoenix
Never seen a stock with non existing volume about such a long time. Interesting to see how the ER will be in two weeks. There will be a gain of 500k for interest forgivness. Stockholder deficit should be under 2M USD. Hope we could get positive next year on the stockholder equity. But yeah i also thought we could get reach 3 dollars this year ...
Massive volume 2 shares !
Cmon 2 shares. This is simply bullshit
Nice 18.01 cents . Dan Allen when will your options expire? Maybe he isn’t seeing any money with the strike at 21 cents.
You are pumping since 2 years without any substance! Let state the facts SP is under 20 cents and the company is let by a 70 yr old senior who is known for toxic financing and dilution. Further have a look at the last PR and the LinkedIn activities - it’s getting a pumpy tone … so i smell dilution
Cmon you know there is a chance to sell. If I only sell 5k-10K shares the price will drop immediately to 10 cents and below. Unfortunately I have a little bit more share (my bad). There is no liquidity here and that even with good news like yesterday! There is no way they need another ceo and an uplisting otherwise we are trapped here forever. Problem with uplisting price needs to be over 1 dollar for a period of time. I hope they get this on their own without an RS (then I am definitely out)
Yes expansion cost money. So if a company has to get outside financing and/or inside financing with dilution i would appreciate a much better share price to get more money...but hey i our master of toxic financing and dilution is at the wheel so be prepared for the worse...
Expansion with Dan Allen means more dilution. I don’t trust this guy a second .
This „enthusiastic“ News was worth 94 shares. Dan Allen pls go! We want you out!
Dan Allen you have to resign! You are not acting in favor for the company and shareholders! Pls step up! we as shareholders want you out! You have a really bad history with Blpg and you do it again with the 1M option that you granted to you! For what? When someone should get these options it should be devoe ! He cleared your mess Dan Allen! Again Dan Allen pls leave you are old enough to retire your are not good for us!
Due at 11/15 - 45 days after relevant Quartal ending
First time I saw such a huge volume .
What happened to bennyraptor and bababudt ??
Need someone who hold my hand btw yes he and stocks but bio has deep knowledge as well.
Pls Elaborate for us?
Thx OMo…and you are finally with us or still looking for cheaper share?
Man Hope you are right. You know I am long here.
Further why didn’t bought Dan Allen and Knudsen this cheap shares? They owns round about 70k? That’s not much ! I own more! … but ok soon they will own 2.5M shares at least
And you want insiders who sell 2.5M shares if the price is reaching 50 cents? Again no trust in Dan Allen. Hope he won’t be long an insiders because I hope they will get another ceo as soon as possible in charge…so Dan needs no incentives!
Hope you are right ! I am down here 80% and I am really pissed they took such a low excercise price ! Why not 1 dollar for real committment . Hope to get my 90 cents on this back one time
I draw a negative picture because of two old guys especially Dan Allen who brought this company in trouble give oneslef 2.5M shares shares (as option at 21 Cents) which equates to 30% of the OS. Further no rules for BOD compensation and why not asking shareholders? If DeVoe gets some Options or Shares, why not he brought the company out of trouble that Dan Allen caused. Dan Allen should go he is not good for the company. That is a typical scam action. They could give onself 15M shares and if there are no AS free the could change them to preffered shares where are 100M available. This really suck, no trust in Dan Allen.
From the last DEF 14: They introduced their stock incentive plan from 2014-2015:
First Question: Up to 15,000,000 shares of common stock are reserved for issuance under our 2014-2015 Stock Incentive Plan (“the Plan”). --> Why isnt the RS not applicable on this incentive plan? If you have a look at the RS filling only the preffered shares are not part of the RS! So I think the incentive plan isnt legal.
Second Question: Directors Compensation - Our directors do not receive compensation for services rendered to us or for each meeting attended except for reimbursement of out-of-pocket expenses. We have no formal or informal arrangements or agreements to compensate our directors for services they provide as directors. When there is no arrangement is it legal to do it own your own without shareholder approval?
My conlusion is that this move from Allen and Knudson are very fishy and scamy. I am really pissed. They get together 2.5M options for what??? Dilution and toxic financing.
I wouldnt have a problem with the incentive plan if DAN the dilution machine ALLEN wouldnt get granted with 1M options and Knudsen with 1.5M each at 21 Cents. It is looking very fishy that the incentive plan dont have to approved by the shareholders because the BOD gets the option. I wouldnt have a problem either if they "only" put 50.000 options in their pockets and the excercise price would be above 1 dollar.
Didnt see dan Allen coming back. Damn. How did you see it?
And where is kern now? Market cap of 8M usd! Wow this is Blpg at 50 cents (taking new dilution into account)
Sure. You mean 10 cents.
Yeah dilute the company by 100%. Great! …and what had Dan Allen done for the company despite dilution.
You forgot the 3.1M options at 21 cents. But ok the dilution machine Allen and Knudsen are already owning 2.5M options with this incentive plan.
The BOD has also the right to change the incentive plan and not the shareholders at the shareholders meeting:
The Company’s Board of Directors may at any time, and from time to time, amend, terminate, or suspend the Plan in any manner it deems appropriate, provided that such amendment, termination or suspension will not adversely affect rights or obligations with respect to shares or options previously granted.
The following lists, as of October 10, 2022, the options and shares granted pursuant to the Plan. Each option represents the right to purchase one share of the Company’s common stock.
Another shocker in the filling: Preferred Stock could raised without shareholder approval !!!
The Company is authorized to issue up to 100,000,000 shares of preferred stock. The Company’s Articles of Incorporation provide that the Board of Directors has the authority to divide the preferred stock into series and, within the limitations provided by Nevada statute, to fix by resolution the voting power, designations, preferences, and relative participation, special rights, and the qualifications, limitations or restrictions of the shares of any series so established. As the Board of Directors has authority to establish the terms of, and to issue, the preferred stock without shareholder approval, the preferred stock could be issued to defend against any attempted takeover of the Company.
100% agree!
Dan Allen where are you? You are not answering my emails! You are still a live? Company needs new CEO as soon as possible !
The prove they are selling is in the 10k. Not showing as a related party!
Which profits?