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That seems an extremely conservative market cap under those conditions . I can only get about 15k more shares without headache paperwork but will do so soon. I think your take here is very likely. Could be a while though until conditions and timing are right . I’m a true long so no big deal.
The real question becomes, “how many shares will you wish you had then ??” BLPG
I think overall MJ market being in terrible shape along with the lawsuit has put us at least two years behind. I don’t think the big picture for BLPG has changed at all and I for one am expecting a merge. All plans in place and awaiting correct timing in my opinion. Like has been noted here many times it makes no sense that there is no pump no dump whatsoever from management who would have much to gain doing so. Something much bigger at play.
My hunch is Passs is correct. Makes by far the most sense .
Well I am greedy and would prefer $38.40 per share. $3.84 is a nice start though. If Passs ends up correct on all this $38.40 will be possible in my opinion.
Yes very good point. I just wasn’t thinking concerning his time with HYPUR . I had forgotten. Possible this is heading in a very promising direction as pieces of the puzzle seem to be coming together. You’re describing a monster if it shakes out. GLTA Longs
In all seriousness BLPG would catapult to billions in market cap overnight if that became reality. Just an opinion. Just curious what makes you think we are working with the DOJ at this point ?
Yes I’ll take 33 States for a billion dollars Alex ! The answer there is the daily double. Who is Blue Line Protection Group ?
Anything is possible but that may be wishful thinking anytime soon. Highly regulated to no regulation is quite a stretch . Your suggestion would turn everything loose in a free for all like the wild Wild West of black market and legal markets fully blurred . Highly highly unlikely within a decade or two. Nothing moves like that concerning the Fed.
The carnage is probably not over for any part of the country but at some point this will all level out and the strongest will survive and frankly the birthplace for most strains is Ca and will do just fine after about 80% of the players have caved and they crack down on illegal black market with BLPG help. Very large MSO’s running everything. Like Phillip Morris International in tobacco. Too much money involved for the local, state and Fed not to be in the middle taking “their” cut. This is where BLPG steps up with their experience and proprietary software already being used with Government Agencies.
My guess is Ca has more cash, by far more cash than any other state and much of it recirculates within MJ
Hopefully some of those restrictions have lessened , but Ca has issues for sure. Mostly Blue areas. I don't buy into their ideology but am totally fine with taking their money. Theres a lot of red areas of this state but unfortunately representation is totally skewed or screwed. Just an opinion
Besides prices ? LOL. Just the sheer numbers in Ca will be a game changer for BLPG even though its as bad as anywhere else with prices during the downturn. I think also the Ca market will survive the carnage. No better place to grow on the planet.
Ca will be the game changer. Every state gained is good but Ca will be the monster maker with or without a merger I think.
Exactly. Fully agree this is behind on their desire to merge because of current MJ market overall conditions. Should stabilize (I hope) sometime this year and we will more than likely proceed with the plan that's been in place for years. Being late doesn't mean any plans have changed concerning possible merger, just means adjustments were necessary. Good example is finally entering NM years later than expected. Long and strong.
What does this 100 share boat anchor get for the constant pull down H ? So obvious for how long now ? Definitely Bullish here. BLPG. Too bad for the ones fooled by this.
The usual low volume pull down anchor to provide bad optics going on for well over a year. Meaningless in the big picture or having anything to do with actual value or health of BLPG. Very little study/examination will expose the scam PPS manipulation. Meanwhile a great time for newbies and regulars to accumulate in my humble opinion.
Wow someone got 20k at .15 nice buy. Wasn’t me wish it was ! That’s gonna pay dividends imho
I think and always have the most likely outcome here is a merger / RM. Meanwhile we are growing even in a very difficult environment while many go bankrupt or are swallowed up. If this was all clear as day and the people in charge told us everything then we sure wouldn’t be picking shares up at pennies on the dollar. If it were a known fact a merger was imminent we would could easily be $5 to $10 per share. I’m very thankful for this price. GLTA Longs. The lack of management interest in the stock price is very telling in my opinion. Patience and shares are all you need here imho. The fact management just received millions of shares is surely a good sign.
Gotcha. Understand thank you.
Thank you and understand but the man is on LinkedIn constantly , just look at his likes and comments never ending . Anyone using the app would see these things and make changes if untrue. Simply doesn’t stand to logic he doesn’t know or control his own profile when he’s on there everyday or nearly every day. And if that was just an “auto” feature response then why not call out all the business’s hes (C. Galvin) been involved for at least the last 5 consecutive years ??
“You can’t beat the person that never gives up”
Christopher Galvin in that small group. Nice honorable mention on Lit Up Founders Journey on LinkedIn ! Look it up from a week ago. No Mr. Galvin hasn’t left us as some would have us believe. Long and strong !
Christopher Galvin wrote on his LinkedIn.com “Christopher E Celebrating 5 years at Blue Line Protection Group, Inc” just 3 days ago. I would say he’s all in !
EXACTLY !
The plot thickens. I’ve never thought for a moment C. Galvin just walked away. If you are correct then those who weather this orchestrated storm are sitting on a gold mine. GLTA Longs ! BLPG I’m perfectly fine waiting and accumulating.
I expect we will continue to gain locations and States this year but unlikely revenue will increase until maybe late in the year. Prices have been declining greatly due mostly to oversaturation in every part of the MJ market from growers, flower to dispensaries. Only the strongest will survive after much M&A this year. Many will just go bankrupt. We BLPG are in the strongest possible position in my opinion. A necessary evil, so I expect we will not only survive but thrive once the blood begins to recede. GLTA Longs.
"If you're not growing you're dying" as a very good friend of mine once said to me not long ago. . Well guess what...we (BLPG) are growing ! Growing fast but within our means, organically for the moment. I think this changes this year and we gain many states.
No exit imho, just continued growth in areas projected for many years now. We are a bit behind but I think growth will come at us quickly this year and very possible merger. The table is set and we are in better shape than ever for everything to fall in place. I think Mr. Galvin very much in charge. GLTA
Happy New Year Biotechotcguy ! 2023 ! Let's make this a great year ! I believe BLPG is going to do very well this year. Growing in locations and revenue and more efficiently running than ever. I think there will be big surprises for investors this year. Good luck to all longs.
Yes thank you Dan. Thank you for running a tight ship. Thank you for navigating the extremely hard Cannabis environment and coming out on top when many in this sector have failed and many more continue to fail. Yes Thank You sir. Thank you for growing this business against all odds. So many have come and gone and yet you have found our niche and remain. We continue to grow and prosper from your great leadership . Here’s to a great and prosperous new year for BLPG and all associated ! So much for us all to be thankful for. Too bad for those who don’t understand the complexities of running an MSO and have no idea how much is required and what you have already overcame.
Sorry, I should clarify King of Kings. My mistake but still hope you received a good gift. I certainly did. A very rough week and I’m still here and very thankful for that gift. I believe BLPG will be doing just fine throughout the new year growing and collecting less revenue per location but locations growing quickly to compensate. My opinions except for the facts.
BULLISH
Great interview. We’re just a little behind on some predictions but we are growing. It will take a large amount of new locations to stabilize for lost revenue due to many factors, and we are most likely far past what is needed to stabilize revenue already and growing rapidly. I expect a large revenue increase this new year. General “JB” economy , Covid , “transitory” inflation lol and a deep drop in MJ price and overall MJ market conditions. This should all stabilize in the new year in my opinion. We are extremely undervalued in my opinion, if you simply see how well our revenues have held considering the rest of the MJ market. Steep declines nearly everywhere and our (BLPG) decline is hardly a “rounding error” is the reality. No worries. I hope everyone received a good gift on the Kings Birthday.
Shares are available when they become available. Most are held and not available imho, otherwise we would see volume from those selling.
No big, we are fully operational and most knew what you meant. Ready for RM or M&A. Good to get clarity from OMOLIVES of course.
BINGO ! Show me anything even remotely close down here. H should know of dozens ?? I'll wait to hear back. Tick Tock BLPG
I’m not a specialist but I did stay at a Holiday Inn Express last night !
YEP ! Can almost smell the money.
Lol too funny
Agree with you and Harold !
Could indicate insider action. Should know soon. Definitely the opposite of what you would normally see this time of year based on BLPG poor performance all year . I would expect a large amount of tax sales right now, so would anyone on the inside deciding this is the time to accumulate . If this accumulation persists over December, most likely something big coming. M&A ??