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Former management is pumping their new crap over at KGKG with an AS of 10B & OS of 2.5B. Their price is running higher than this gem. Flippers really crap on a good stock sometimes.
$BLEG will have its day!
Hydrogen probably just got way cheaper to produce based on this article. Good stuff if this company gets its act together.
https://www.sciencedaily.com/releases/2024/01/240122144339.htm
Seems someone is antsy!
I thought they were reducing the OS, seems the opposite. Not a lot but still.
🚨 $RONN
💰0.0099
Pink Current, AS: 500M, OS: 355M, US: 40M
Outstanding Shares Updated:
🔴 351,487,746 (2023-12-04)
🟢 355,487,746 (2024-01-29)
Difference: +1.1% (+4.0M)
Restricted Shares Updated:
🔴 311,274,396 (2023-12-04)
🟢 315,133,396 (2024-01-29)
Difference: +1.2% (+3.9M)
Unrestricted Shares Updated:
🔴 40,213,350 (2023-12-04)
🟢 40,354,350 (2024-01-29)
Difference: +0.4% (+141K)
Chart, OTC Profile, Twitter, @otcupdates
As much as I generally like an O/S reduction, why would it make a difference here with the unrestricted already pretty low at 40M and DTC around 29M?
Assuming the float is somewhere between those 2 this thing being in dubs is one of the most retarded things I’ve seen in OTC. And considering all the billion sized floats running in this stupid market, it makes things even more comical.
Seems Oswald wants the priors out of the way! Just gets better IMO
Have a good weekend!
Yeah, forgot about the fact it was Friday.
Board got awful quiet for the last hour-ish, did I say something wrong or is everyone digging into what I posted?
Kona Gold Beverages (KGKG) formerly known as Kona Gold Solutions Inc was the holder of the $1.5M note according to the last BLEG quarterly. Brandon White was the old president of BLEG and is now president of KGKG per OTC markets.
On March 6, 2019, Kona Gold Solutions, Inc. converted 146,803,365 shares of Branded Legacy, Inc. common stock, par value $.00001, into 2,746,723 shares of Branded Legacy Inc. Series D preferred stock. On November 27, 2019, Kona Gold Solutions, Inc entered into an agreement with Branded Legacy, Inc., whereas Eleve8 Brands, Inc. would receive all 2,746,723 shares of Branded Legacy, Inc. Series D preferred stock for a non-convertible promissory note to Kona Gold Solutions, Inc. for $1,500,000 with payment due November 27, 2029. As of December 31, 2019, and 2018, this investment is disclosed on the accompanying balance sheets.
It is the only note left in the Financials section in Long Term Liabilities also labeled KGB for $1.5M.
https://www.otcmarkets.com/otcapi/company/financial-report/387097/content
This $BLEG PR basically signals that Brandon White of $KGKG may have been bought out since KGB is Kona Gold Brands. Looks like half the preferred Ds were backed by the promissory loan equivalent to the $1.5M that Oswald settled based on BLEG’s last quarterly.
Rig- I’d appreciate your feedback on this idea.
https://www.otcmarkets.com/stock/BLEG/news/Branded-Legacy-Inc-Reduces-Debt-by-15-Million?id=428337
What I like most about this tweet and the connected PR is the appearance that nearly half of the preferred D shares may have been effectively wiped out along with the $1.5M promissory loan. If I’m reading this wrong, please let me know.
It would also mean another former management person, who now runs KGKG (Kona Gold Beverages) is now bought out and potentially gone from $BLEG. All great news IMO.
I believe that may only leave R.M. (IYKYK) potentially as the last of the former crew holding float shares at this point.
$BLEG Big news from Branded Legacy, Inc. Cleared $1.5M in debt for $450K, protecting shareholder value & reducing liabilities. https://t.co/GG1XvL49Kp
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) January 25, 2024
This video turned me off. Not sure what to believe here anymore. IMO
https://stocktwits.com/Saab4Ever/message/556573203
Miles tee’d up the MediaBistro AR/VR avenue in this interview a few weeks ago.
Nice read if interested.
https://spotlight.designrush.com/interviews/recruiter-ceo-shares-two-key-traits-every-employer-seeks
“Sometime in 2024” yeah, sure! She loves her suckers!
TONR has always been a P&D. Doll lady Corine finds new Bag holders every year. GLTU
Making product. $BLEG
#BrandedLegacy -- $bleg We've been hard at work learning the ins and outs of our new Critical CO2 extraction rig. Here's CEO David Oswald pulling a Kava extraction. The smile at the end says it all. pic.twitter.com/gp29YqS7BH
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) January 26, 2024
Pretty sure that is the cancelled deal discussed at the bottom of this PR. Believe they discovered some hidden issues preventing. Good DD on BLEG teams behalf IMO.
https://brandedlegacy.com/branded-legacy-inc-retires-additional-442-million-common-shares-surpassing-initial-commitment/
The MC doesn’t reflect well here considering since 9/23 they’ve assimilated 3 new subs worth probably near $1.5M each or better. Close to $5M n assets alone.
MARIJ
AIE
ALCANN
IMO
$BLEG
We are not in disagreement, just saying it’s crooked AF.
True, but still full of crooks
Doll lady will always play with her OTC toys through TONR. Never going to change. GLTU
Thanks for proving my point JoJr!
Correct, because Delaware is full of shady MF’ers
Today’ news is probably the best I’ve seen for BLEG, only $42K in debt balance remaining per the PR. They had half that in Revs on the last Q and have most likely surpassed it by now, which would presumably push them into the black for the next Q.
$BLEG
He et up a pre-market news gap again. I’m starting to think they want these gaps created. Getting a bit annoying.
No sure, but eventually the price will reflect their progress.
$BLEG
$BLEG Big news from Branded Legacy, Inc. Cleared $1.5M in debt for $450K, protecting shareholder value & reducing liabilities. https://t.co/GG1XvL49Kp
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) January 25, 2024
Nice!
$BLEG Big news from Branded Legacy, Inc. Cleared $1.5M in debt for $450K, protecting shareholder value & reducing liabilities. https://t.co/GG1XvL49Kp
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) January 25, 2024
Yep, just gonna take a little while until revenues show up.
Website change coming with name change.
https://royal-ent.co/
Pretty good read here referenced in today’s PR. See link to company CEO newsletter.
https://brandedlegacy.com/ceo-letter-january-2024/
📈 #BrandedLegacy -- $bleg has strategically reduced its share count to 900M, a move reflecting our focus on enhancing shareholder value and optimizing our corporate structure. Dive into the details here: https://t.co/gem0ufLwqj$BLEG #CorporateStrategy #ShareholderValue
— Branded Legacy, Inc. $BLEG (@BrandedLegacy) January 23, 2024
I’ve had upwards of 200K placed at various times and they only show it as a small bid around 10K.
Maybe all of us hanging in the same place is the hold up. Haha!
I thought that was a problem specific to me!
I didn’t see this response to Fink, but I believe we have the same concerns.
Fink, my issue with NHYF is I fail to see how it’s different from MDBIF. Same biz model and CEO. IMO.
Jesse still staying here JobMobz valuation is $100M. should make for a nice profit share which doesn't include the services agreement.
Underrated tweet. Some integration risk and synergy ramp time but definitely achievable.
— Jesse Tinsley (@JesseTinsley) January 15, 2024
We did this (not the same scale) by rolling up our competitors in the Recruiting space to go from ~$20M to a $100M valuation in a year same principles apply. Zero attrition btw..
I don’t think the Govt or Finra have anything to do with cancelling company shares unless there is a judicial action required at the state level. Thats my understanding how these things work, maybe I’m neglecting a few steps at the state of incorporation level.
Either way my point is don’t say immediate on 1/4/24 and 2 wks later still not a peep.
How long does a TA take to perform a cancellation of shares. Maybe the management doesn’t understand the definition of Immediate.
RONN, Inc., (OTC PINK:RONN) a leading player in the hydrogen energy market, is pleased to announce a strategic move for the immediate cancellation of 100 million RONN Common shares.