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Definitely surprised we’re still here in the teens. I guess we’ll have to wait until 2024 to see where we go from here.
Heavens forbid wanting a shareholder’s update from management. What’s a few minutes from their hectic schedule to put one together. After all, it has been awhile since we’ve heard anything directed to their loyal shareholders.
Wonder if we get an end of the year update, & what they’re planning for 2024. Or perhaps don’t hold your breath.
Looking forward in the growth of the company & an increased share price along the way. They certainly appear grounded, & seem to have a game plan that should benefit us all.
Did you get yours,
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Someone loaded up for 500 shares. It’s a good thing you post otherwise except for a few others I’d wonder if the company is alive. But yes, they still send out these Muntzee emails. Glad you’re not talking about a 10 year plan.
Someone loaded up for 500 shares. It’s a good thing you post otherwise except for a few others I’d wonder if the company is alive. But yes, they still send out these Muntzee emails. Glad you’re not talking about a 10 year plan.
I’m somewhat surprised we dipped this low after the nice run but keeping all my shares for what’s ahead of us down the road. It certainly appears the CEO is the real deal and can’t wait as you say to see those revenues fly.
Full release
Branded Legacy, Inc. (BLEG) Announces Retirement of 400,000,000 Common Shares, Achieving Target of 2 Billion in Share Reductions with More to Come
2023-12-07 07:00 ET - News Release
MELBOURNE, Fla., Dec. 07, 2023 (GLOBE NEWSWIRE) -- via IBN -- Branded Legacy, Inc. (OTC: BLEG), a leader in the biotech industry, today proudly announced the retirement of an additional 400,000,000 shares of its common stock, bringing the total number of shares retired to 2 billion. This significant move is part of the company's ongoing commitment to enhance shareholder value. Furthermore, the company highlights recent acquisitions, boosting the company’s assets portfolio to well over $1 million this month.
David Oswald, CEO of Branded Legacy, Inc., commented on the retirement, "In efforts to under promise and over deliver, we expect to retire additional shares in the coming months. We consider economic sustainability as a core aspect of our overall mission. The reduction of 2 billion shares is a testament to the integrity with which we conduct our fiduciary responsibilities. These actions underscore our ongoing commitment to maintaining a healthy share structure."
This share retirement is part of Branded Legacy, Inc.'s broader strategy to streamline its share structure and improve its market standing. By reducing the number of shares available in the market, the company aims to increase the value of the remaining shares, thereby benefiting its loyal shareholders.
The company would also like to announce that today it purchased ultra-efficient analytical and chemical recycling equipment that has empowered the company to reach new levels of efficiency and quality. These systems enable machinery to operate in tandem, recycling the chemical inputs used in analytical and purification processes. This brings the capability of in-house validation and significantly reduces company overhead.
In addition to the share retirement, Branded Legacy, Inc.'s team is working to finalize the details of a $6 million acquisition agreement, a strategic move that will further enhance the company's market position and product offerings.
In the company’s recent major news, it announced the successful acquisition of MariJ Pharmaceuticals, Inc. This acquisition, valued at well over $1,000,000, included USDA organic certifications, state-of-the-art equipment, a multi-vehicle fleet, multi-state licensing, award-winning products, and a patent among a multitude of inventory and assets. This has significantly expanded the company’s portfolio and capabilities, demonstrating commitment to growth and innovation in the biotech sector, all acquired at pennies on the dollar.
About Branded Legacy, Inc.:
Branded Legacy, Inc. (OTC: BLEG) is a diversified holdings company focused on the biotech sector. With a commitment to excellence and innovation, Branded Legacy specializes in the development and marketing of cutting-edge products and services. The company's diverse portfolio includes ventures in biotechnology, digital solutions, and wellness products, all aimed at enhancing the quality of life for its customers. Branded Legacy's strategic approach to growth involves identifying and integrating promising businesses and technologies that align with its mission to deliver sustainable, high-quality products and services.
About MariJ Pharmaceuticals, Inc.:
MariJ Pharmaceuticals, Inc., based in Clearwater, Florida, specializes in the certified organic mobile extraction and production of CBD from industrial hemp. They offer a range of cannabinoid products and services tailored for the pharmaceutical and bio-product industries, ensuring compliance with legal THC limits. Their expertise extends to mobile CO2 certified organic, patented extraction services and the legal distribution of both wholesale and retail products in all U.S. markets. MariJ is also known for its commitment to HIPAA compliance and good corporate governance. More information can be found at the MariJ Website.
Original Copy of this Press Release: https://brandedlegacy.com/branded-legacy-inc-bleg-announces-retirement-of-400000000-common-shares-achieving-target-of-2-billion-in-share-reductions-with-more-to-come/
Personally, I have no doubt we get there, & beyond. Gotta love this in the release, “ The shares issued will have a buyback option as well as a lockout/leak agreement, reflecting Branded Legacy, Inc.'s commitment to sustainable growth and shareholder value. ”
I’m sure some have done well flipping the stock recently, but I’m holding onto what I have based on what the new CEO has done and what he plans to do. I’d like to see this get back into the 4’s or more by year’s end and maintain an upward momentum in the New Year.
Makes sense, or better yet eventually cents?
Btw, you could always update your Nov 15 post regarding the reduced authorized shares according to the OTC dated Nov 17.
Definitely a breath of fresh air regarding the new CEO. When all is said and done, he’ll make up for the VATE pain.
So far so good and I firmly believe much better days/months etc. are ahead of us.
Well said. I’m definitely willing to stick around to see what develops, but not sure how many others that are presently posting will still be here. Each to their own.
Regardless of where we end up today, this week, or at the end of December, I gotta figure 2024 will be a great year for shareholders.
No doubt whatsoever the company/management is enhancing shareholder value with the previous moves that they’ve already accomplished, today’s news, and whatever else is in store for us shareholders down the road. Impressive to say the least.
Branded Legacy Commences Buyback of 1,000,000 Preferred Class D Shares
Nov 28, 2023 | Company Investment, News
Strategic Plan to Prevent Conversion into 100 Million Common Unrestricted Shares, Enhancing Shareholder Value
Melbourne, FL — November 28th, 2023 — Branded Legacy, Inc (OTC.PK: BLEG), a pioneer in the biotechnology and wellness industries, today announced its strategic decision to buy back and retire 1,000,000 Preferred Class D Shares. This significant move protects against a conversion ratio of 1 Preferred Class D Share to 100 Common Unrestricted shares, marking a pivotal step in enhancing shareholder value and simplifying the company’s share structure by preventing these shares from entering the market.
Overseen by Branded Legacy’s legal and finance teams, this retirement and conversion process is integral to the company’s anti-dilution strategy. The initiative aims to make the company’s stock more accessible and appealing to both existing and potential investors. The conversion is planned to be carried out efficiently, ensuring a smooth and transparent transition for all shareholders.
In conjunction with this significant retirement, Branded Legacy is on track to continue the retirement of an additional 700 million restricted Common shares. This action is a clear demonstration of the company’s commitment to reducing its share count and thereby increasing the intrinsic value of its stock.
Furthermore, Branded Legacy is in the process of restructuring its preferred share classes, consolidating them into three shareholder-friendly categories. This restructuring is part of the company’s ongoing efforts to ensure clear and transparent corporate governance, reflecting its strong commitment to its shareholders.
CEO David Oswald commented, “The buyback and retirement of these Preferred Class D Shares is a strategic move to reinforce our shareholders’ value by preventing dilution. We are committed to enhancing the appeal of our stock and ensuring a solid foundation for our company’s future.”
In line with our commitment to transparency and ongoing communication with our investors, we encourage stakeholders to review our recently released investor packet and the latest quarterly disclosure. These documents provide comprehensive insights into our company’s performance and strategic direction. For more information, please visit our website to download the latest investor packet and view the Q3 Disclosure.
This initiative underscores Branded Legacy’s dedication to sustainable growth and value creation, highlighting its proactive approach to corporate management and shareholder relations.
Media Contact
Joseph Holladay
Branded Legacy
Phone: 321-345-3565
Email: info@brandedlegacy.com
Website: https://brandedlegacy.com/
Volume, 114 million +, Dollar Volume …$ 400,132
Volume 100 million plus.
Definitely looking good. Years high is .0149, & we are in much better shape & in better hands with new management.
Thanks for sharing, looking good for what’s ahead.
No stress, as I prefer your previous post about .04-.06 coming. As far as a potential pullback, consolidation is a good thing for longs.( hopefully not in the teens) .Gotta love the huge volume we saw on Friday.
I believe the CEO eventually wants shareholder value way beyond a penny. But let’s get there first. Step by step.
Not sure if anyone is still here from when Medico royally screwed us, but I’ve been averaging down the last few months based on what they’ve done so far, & what they’ve planning to do.
Chartmaster, looking forward to hitting your next target, & see where we go from there. Unlike some that will or already have been flipping, (each to their own), I’m holding on to my shares. Looking forward to the Company’s next update. So far, so good.
Based on what has been done so far & what new management is planning, I believe that shareholders will be cheering for quite some time.
Looking good, definitely, but I believe this is only the very start of much better things to come. We shall see.
Added again down here. We’ll see where the Company takes us.
A nice start, but looking forward to getting beyond .01+ in the New Year.
Can’t wait for FRTZ to do it,
How much did Scopely sell for?
$4.9 billion
Savvy Games Group announced an agreement to acquire Scopely, a maker of mobile games including “Star Trek Fleet Command,” “Marvel Strike Force,” “Looney Tunes World of Mayhem,” “Scrabble Go” and “Yahtzee With Buddies,” in a deal valued at $4.9 billion.
How much does Scopely make a year?
Scopely's Publisher Summary
Total Scopely mobile app revenue in October 2023 was $115m, including $64m for iOS apps and $52m for Android apps. Total mobile app downloads for Scopely was 21m, including 7m iOS app downloads and 14m Android app downloads.
Must be why the bid has increased to .012.
I’ve been more than chipping away to reduce my average cost significantly after getting royally screwed by a previous reverse split. Unlike many that are perhaps looking for a double, I’m looking to eventually getting over a penny, & see where the Company goes from there. But 1st things 1st.
A few months back we were in the 2’s. With all that’s been recently PR’d & the huge reduction of shares, I’m surprised we’re not closer to .005.
Perhaps the same person/group that has been dumping down here for quite some time. No way we should have been down here after all the recent news/updates from the new management.
For those that plan to be here for awhile, check out the investor packet, see below.
Additionally, we would like to announce the release of a comprehensive investor packet, including detailed financial projections as well as information on products and services. The packet will be available for download on our website at BrandedLegacy.com/investor-packet.
Hopefully you’re looking for at least 1 less zero down the road.
As well, CEO says, no reverse split.
Nice follow through by the CEO.
Branded Legacy Signs Letter of Intent to Acquire $6 Million in Assets and Additional Facility Space
Nov 16, 2023 | News
Strategic Collaboration Aims to Enhance Market Position and Expand Capabilities
Melbourne, FL — November 16th, 2023 — Branded Legacy, Inc (OTC.PK: BLEG), a company renowned for its dynamic approach in the biotechnology and digital solutions sectors, today announced the signing of a letter of acquisition with a Florida-based company, yet to be named. The agreement, which is subject to a detailed 40-day due diligence process, marks a significant step in Branded Legacy’s strategic expansion, potentially adding approximately $6 million in assets to its portfolio for refinement, co-packing, and more.
Elements of this acquisition include a large-scale CO2 based extraction unit, a multi-faceted refinement lab, a C1D1 certified synthesis unit, and 2 fully automated gummy manufacturing units. Additionally, the facility is fully inspected, permitted, and ready for operation.
This newly forming partnership represents a significant opportunity for Branded Legacy to expand its abilities and market reach, particularly in the B2B sector. This initial phase, marked by the signing of a letter of intent and the establishment of an agreed upon timeline, sets the stage for comprehensive due diligence efforts and the validation of potential revenue growth opportunities.
Dave Oswald, CEO of Branded Legacy, commented on the intricacies and potential of this agreement: “This purchase is more than an acquisition; it’s a strategic move towards future growth and market leadership. This is a very complex arrangement, and willhave an extended period of due diligence totaling 40 days. This is to ensure that every aspect of this purchase aligns directly with our needs and goals. We plan on utilizing this opportunity to build significant milestones, leveraging our strengths in branding and growth to unlock new opportunities.”
Mr. Oswald adds: “We willpublicly disclose all aspects of this contract, and pledge to do so with all contracts moving forward as a gesture of transparency and accountability by our management team and directors. Regarding shares, any issued as part of this agreement willbe of a preferred class, so that there willbe no dilution of common shares”, aligning with the company’s stated commitments to transparency and shareholder investments in the company. This undertaking willsupport Branded Legacy with economies of scale, giving the company much needed breathing room in terms of throughput, as they focus on continuing to secure contracts for extraction and co-packing services , further solidifying the relationships between ourselves and our industry partners.
Additionally, we would like to announce the release of a comprehensive investor packet, including detailed financial projections as well as information on products and services. The packet will be available for download on our website at BrandedLegacy.com/investor-packet.
In our previous announcement, we highlighted the significant milestone of securing a $1M line of credit, a testament to our financial discipline and strategic foresight. This move was a part of our ongoing efforts to grow and expand without diluting shareholder equity, demonstrating our commitment to prudent financial management. As we explore this new partnership with this company, we continue to build on their foundations, aiming to create even more value for our shareholders and stakeholders.
I guess it is what it is until it isn’t.