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Haha, I hadn't even thought about the paying commission aspect! You gotta admit, seeing a 23 cent sale absolutely demolish the price in the short term, is kind of funny.
The company has previously mentioned that they are actively involved in conducting and growing the business, regardless of whether the CE is still in place. They have mentioned that they will commence releasing status and news updates about that work and expansion after CE removal.
Edit: I just realized that you were saying that in reference to a company email posted here. They mentioned previously that they are actively in business and their filings reflect that as well, so I doubt that email mention is a concern.
They can't commence the business in the future, when it is already documented as being fully active/previously commenced, lol.
Wow, BLLB is #1 on the breakout board! This is the first time I have ever seen this for BLLB.
Now more people will come to learn of the potential of a full up-list to Pink Sheets Current with caveat emptor removal, due to the company having completed multiple years of financial filings to become current.
Oh wow, I hadn't even noticed that until you mentioned it. Having the CE removed while sitting top 3 in the breakout boards would be very nice indeed.
I think you misunderstood the warnings that I referred to. That list that you provided the link to and the warnings placed on Caveat Emptor stocks profile pages by OTC Markets, are entirely different things.
The warnings placed by OTC Markets Group on Caveat Emptor designated stocks profile pages, have been removed from BLLB's page. Being that OTC Markets Group determines when to remove a Caveat Emptor designation and OTC Markets Group removed the warnings on trading BLLB that were previously there and they did not remove them for other Caveat Emptor stocks, it is not at all silly to make note of the fact that the governing entity in this process removed its trading warnings, aside for the continued placement of the CE itself.
If you do not understand the warning labels that I am referring to, I suggest that you click around to review the profile pages of other Caveat Emptor stocks on the Otc Markets website so that you can familiarize yourself with the difference between all of the other profiles and the profile for BLLB.
TD Ameritrade on the other hand is an exchange where people trade stocks and has absolutely no say in the process of having said warnings set or removed and is entirely uninvolved in placing Caveat Emptor designations.
The Pink Current aspect is a big factor but even more so is the fact that all of the trading warnings were removed from BLLB's OTC Markets profile a couple of months ago.
If you look at any of the other Caveat Emptor designated stocks on there they are riddled with warnings, so the fact that BLLB does not, plus also has years worth of filings out, makes this a front runner for having the CE removed, imo.
No, it's been months. Makes it even more amusing. Lol
Not until a little later tonight to build some distance from the close but that is part of the plan. Lol
I would say the tag team will begin by 4:30 or 5:00 pm.
Fwiw, since you were transacting USDT, those fees you mentioned actually have nothing to do with Voyager.
Usdt is an ethereum based ERC20 token and ethereum gas fees have skyrocketed lately due to network congestion. I literally had to pay over $300 in two transactions last week and I wasn't even using an exchange.
Since ethereum fees went crazy sending any ethereum based token, such as your usdt, from one wallet to another right now, will be incredibly expensive, regardless of the platform that you are sending them from because that exorbitant fee is from Ethereum and not the trading platform used to do so.
They were actually significantly higher a couple of weeks ago but should be worked out and reduced mid July by way of their EIP-1559 upgrade for fee reduction.
Yup, I recall a couple of 50% down days before the full 1.284 million percent gain that one hit. Mass panic on those early down days of course. Lol
My post from one and a half months ago that I am responding to here, can explain to all BLLB newcomers why there is currently an increase in negative sentiment this week, and will be until the CE is removed.
This should help keep everyone focused and recognize that the current board activity was pre-planned for after the release of BLLB's Q1 2021 report. As you can see this was able to be anticipated months in advance. Lol
TD Ameritrade buying is still fully active for CE stocks.
Yup, and the frantic ranting is pretty hilarious. There will be more before and after the Q1 report and it will all be just as silly. Lol
How right was I here? Lol. Continue to keep this in mind as we move closer to the Q1 report. The naysaying will only increase as we move toward it and increase more in the interim between the time it is posted and the time the uplist is completed.
It's kind of funny watching this proven correct, after previously saying this would be coming a month in advance
Haha, very true, you did great work there! Kind of weird that it took this to get the company to confirm what has been speculated on here regarding the upcoming Q1 report being the final piece to the uplisting puzzle but very glad to have this confirmation.
Your efforts have definitely led to this being a far easier hold for many. It is cearly just a waiting game now. I feel bad for people that were scared off and sold at bid levels :/
Awesome, I have mentioned for a while that the only thing needed now is the Q1 2021 report with updated financial information. Though this was expected it is relieving to see this expectation further confirmed by the company itself.
It could be as quick as within a few days after the filing but I continue to maintain that the uplist will likely be completed within a month of that filing, due to the other information already filed. We're almost there!
I must admit this was a bit of a cat and mouse trap that you just fell into! lol. If you look closely you'll notice that you were just goaded into proving that your opening statement about the company was indeed false. You opened by claiming that the company has no assets and then in defense, closed by proving that the company does have assets. Good work and I agree! haha
This now confirms that you are able to comprehend the information and just purposely choose to falsify it. Thanks for playing
It is true that all people have their own opinions but statements like they have no assets, they have no cash, etc, are falsehoods and not opinions. The most recent filing showed purchased assets. Obviously purchased with cash.
These are just some examples in a long string of falsehoods against the company, that can be refuted by documented evidence.
More recently your claim that the CEO's name was removed from the companies OTC Markets profile, while it is clearly there in multiple locations.
If you legitimately just don't know what you're talking about, it isn't your fault. At minimum try reading through the filings to understand before you post, so that you can have honest, fully informed opinions.
Also keep in mind as I mentioned, there will be more false and negative sentiment surrounding BLLB as we move closer to the Q1 report reveal. It will increase in the interim between the release of the report and the time that the company is uplisted after that report is released, in effort to raise doubt.
So be aware. It's all going about as expected.
Question for the board. Isn't repeatedly posting false statements about a company, that are easily disputed by official documentation a T.O.S. violation?
Once or twice 'accidentally' is one thing but when it is every single post, it is clearly a chronic and purposeful issue. Remember to keep flagging false statements like this one, whenever official public documents refute the claims.
As usual this post is not true. Anyone can refer to the most recent financial filing to review the companies assets. Likely more will be available in the upcoming Q1 report.
CE removals alone typically see a large run up in price, so in that scenario we would probably still see multiples above where we are now. An added merger of any sort would allow for a more sustained move up with a more solid floor.
Otherwise, a merger, reverse merger, etc is not necessary, especially being that we know the new management is working on the companies new initiatives.
Ooh, that's a rough reason to exit. I think the same mergers and acquisitions company that Kim is from, is involved in getting each of these companies current. I recall a while back that both companies had near identical wording in their business write-ups with regard to going current. I don't remember exactly what it said but I think that was the connection there.
It wouldn't be uncommon to see representatives from their company representing numerous caveat emptor stocks, since they're aiming to get them all current.
Don't worry, as per the usual this is not true. Just like it wasn't when he said the same thing last Monday saying g it was halted, lol. BLLB trading is still fully active.
There is literally no point in saying this every other trading day and being consistently wrong every time. BLLB trading is obviously still active.
Imagine wishing to sell BLLB at the ask, and constantly being upset by the fact that people buy at the ask. That would be wild.
Really imagine in the OTC Market, where CEO's regularly and routinely defraud investors, truly convincing oneself that all investors believe in one's calls for a CEO's resignation because they THINK there was an error or omission in paperwork.
An error or omission that they can neither explain, point out specifically, nor identify, yet remain convinced that it (whatever this imaginary thing is) is paramount proof of this certain determination.
When you really sit down and imagine that mindset, it becomes a bit hilarious. Lol
It also puts into greater perspective that things are on the right track and there is actually no specific tangible thing that BLLB is not doing to aid the process, short of wasting funds hiring a consultant for a process that has almost already been carried to completion.
So to be clear, when you constantly claim that BLLB's CEO has displayed unbridled (meaning rampant and unable to contain) negligence, you actually mean that you believe that there has been some sort of clerical error in, or lack of paperwork?
An error or lack of which you cannot specifically explain, point out, or identify in any way?
The use of "Unbridled," is interesting. There must be some very specific points of negligence that can actually be rationally explained then. What are they specifically other than "she did wrong things, caveat emptor not cleared up" etc?
What points of negligence are there that have not already been corrected? Or do they just actually not exist and this is a lie? List them out for us and we can collectively dissect them point by point.
This will be fun and help people better understand the overall Pink Sheets Current application process ^_^
Keep in mind that sudden negativity toward BLLB has increased because yesterday was the final day of the first quarter of 2021.
This means that this allows BLLB to officially file the first full quarterly report any day after today, that will reflect the increased activity and growth of the companies new initiatives and corporate actions. It is likely the last thing that will be needed for an up-list, and this is why you are seeing increased effort to cast the companies efforts in a negative light.
You are already seeing this increased negativity toward BLLB kick in before the 2021 quarterly release and more so as it draws near but be prepared to see even more negative sentiment in the few weeks after it is released in attempt at one last ditch effort to make further false claims about the company, in order to convince investors that an uplist cannot occur.
If there were no up-list within three to four weeks of that filing, then there might be some cause for concern but this is most likely the final stretch.
List the specific failures beyond "but, but incompetence, but CE not removed," etc. I would like to see a specific listing of these various failures.
As a matter of fact, just give us two. Good luck! Hahaha
There are multiple declarations of Kim being the CEO on BLLB's OTC markets profile. There isn't even a slight question of that fact. Nothing that you're saying here is true, as usual.
Lmao, this was the most hilariously simple takedown of blatant lies that I have ever seen XD
Trading 101 knows that if everyone did that trading would not exist. Stop telling people not to buy at the ask each day that they said they did and disparaging those that do as you did today.
The motive for hoping to load at a lower price by attempting to convince others not to move it up, couldn't be any more clear.
That one is a poor one to use for reference.
They issued an update 2 days ago with the CEO stating that their CE was removed because they hired the OTC Markets former consultant in order to fast track the process and that it would have taken much longer to do so otherwise. It said that this allowed them to complete the process faster, without having to wait for the OTC Markets slow process of back and forth requests for documents explaining what they need.
The news update pretty much confirmed that Kim is doing the process properly with BLLB and that the only missing factor was that she did not hire 'friends' of OTC Markets Group in order to fast track the process.
The direct quote from that news release from the CEO was as follows:
"The company owes a debt of gratitude to consultant, George Sharp, whose experience enabled the company to make its case to OTC Markets over a shorter period than we believe might have been required had management undertaken this project on its own."
Full release: https://www.thecowboychannel.com/story/43497880/video-river-networks-announces-removal-of-caveat-emptor-tag
I had not yet seen this but let's hope it is, lol.
That would quite literally be a bigger deal than TSNPD's reverse merger being that it is already a company with billions of dollars in collections and annual income of $212 million.
Imagine selling out of frustration over how long the uplist process is taking and then looking up BLLB and seeing that was rolled in. Good Lord
The share structure has remained the same for over three years. Don't post blatantly false information just to spread fear among the less informed.
Nice catch! That is a very telling view of where this is headed. It may be the only Caveat Emptor stock without that sort of warning right now.
I also noticed that the description of the company is very well updated mentioning the change of business direction for the company, their devotion to compliant filing, and mention of new legal counsel, auditors, etc. I'm not sure if that was also just changed today, or just recently in general but it is much better than what it was before and very reflective of the new company. This is looking very good now.
True, the new guidelines and increased scrutiny were created as a direct response to the large runs that prior lax scrutiny allowed to occur. So switching over to chase runs that happened in the past due to guidelines that are no longer the same in the present, may not be the best option.
As boring as BLLB may be to watch for now, there have been multiple companies seeing shock falls of 40 to 90%+ lately due to a combination of suspensions and dilution, so at the end of the day with so much documentation filed BLLB appears to be better off than most of these huge runners that everyone just lost all or most of their money in. In one case last week there was even the arrest of a penny stock CEO that caused a wild decline.
BLLB in its current state is better than most of the options that have seen big runs recently because many of them were entirely defunct companies with no filings or news updates for years on end. That is, if the CE is eventually removed of course.
I've been searching for the past 30 minutes of where I read a full thread breakdown of new changes earlier today since they don't appear to be specifically labeled as new on the OTC Markets site. But from what I read, the new rules "should" only apply to companies that have not yet begun the process of moving toward becoming current, beginning with the application for OTCIQ access onward, so that aspect "should" not impact BLLB being that it has already been so deep into the process.
I say "should" in quotations because at the end of the day the process is entirely up to OTC Markets, so with them being the relative key-masters so to speak, they can pretty much demand whatever they want at the end of the day. It would seem that the most likely reason for such a delay has been due to the sweeping changes that we are seeing clear evidence of. Seeing rules changing to require more documentation and detail, plans spreading among multiple trading platforms to end access to CE stock purchasing, and 48 companies suspended just last Monday alone, is not at all the normal day to day enforcement actions against the OTC, so its not surprising to see how long it has taken when you look at the fact that the SEC is literally breathing down the necks of the OTC Markets Group, meaning the OTC Markets Group itself is being more strict and thorough than ever before for the sake of maintaining their own good standing with the SEC and the integrity of their market.
Overall though, the climate in general is significantly higher risk for any company that is not already Pink Sheets Current or greater. Initially it seemed that E-trade just made a standalone change in its decision on CE stocks months ago, which was followed by TD Ameritrade, but now with this massive SEC follow through striking down so many companies last week and likely more to come, it's clear that this was a more wide-range and more deeply involved clean-up.
I'm thinking that the fact that BLLB has a more expansive line-up of financial statements posted than 99% of CE listed stocks, it has the best odds of coming through all this when compared to so many others that are still trading freely.