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I believe the last we heard from the company was right after the storm ended in the region.Then crickets….
ZERO VOLUME SO FAR... ODD?
Company ticker/name change is good for shareholders and the company moving foreword but doesn't equate much to appreciation in pps.
I would like to see:
Transparency, as much as they can be and follow through...
Creating NET gains and continued revenue streams that are critical for future expansion.
Buyback shares with the idea of retiring them
Less shares and continued net profits could down the road lead to possible merger/buyout. (Highly unlikely, but you never know.)
What I don't want to see:
The need to convert preferred shares into common so they can stay afloat.
No new acquisitions/ partnership deals until their books log large net profits. It shouldn't be difficult with a high gross revenue model and decent margins.
It all comes down to if they are truthful about creating a real company that can make a difference in people's lives due to their illness or pain. It seems like they want to.
If this is all about just converting shares and dumping them just make a dime, then that would be sad on many levels.
I truly hope that isn't true, I myself deal with constant pain and related with what they were saying early on about helping others with similar issues with their products. One of the reasons why I invested.
I guess time will only tell.
AMHO.
Good luck to all!
The company supposedly is setting aside $150k for the supposed buyback. At the current PPS
$150k would buy over 110 Million shares. That would be a good thing only if they stay true to their word.
IMO.
The company supposedly is setting aside $150k for the supposed buyback. At the current PPS
$150k would buy over 110 Million shares. That would be a good thing only if they stay true to their word.
IMO.
True we shall see. November is long term capital gains tax for me so, that’s something positive to look foreword to. Lol
855m is with a multiple million dollar contract in 2025, what else do you want from the OTC?
The contract is yet to be seen, until we see it in filings it’s all talk. IMO.
It states Surpass $10million.
In the body of the PR. It states,
MELBOURNE, Fla., Oct. 1, 2024 /PRNewswire/ -- Branded Legacy, Inc.,(OTC.PK: BLEG) a leading supplier of botanical extracts and alkaloid-based compounds, is excited to announce that it has sent its first invoice to Monster Group, Inc. a multinational product manufacturer and distributor generating over $70,000,000 in annual revenue. This partnership marks a significant milestone and is expected to act as a catalyst that will propel Branded Legacy into generating over $10,000,000 annually in revenue by 2025.
They also changed their pr on their website to omit The Monster Group but is kept everywhere else. Seems strange.. imo
I don’t know how Pablo's feeling but I feel the company needs to address the current state of their share buyback program, did it even start?
Why so quiet?
Not too long ago the CEO was very vocal to communicate what was accomplished when they were retiring over a billion shares.
That was exciting…and important for the company to share to the investing community.
“Massive new contracts, exciting new products and significant progress on company goals” are good to know but I believe we need real numbers not projections like $10 million in revenue by the end of 2024.
The PPS price is ridiculous mainly due to the wave of selling pressure. The price can’t rise with that much selling of shares. The dumping of shares every time they put out a PR is quite obvious and blatant. Retail shareholders aren’t in their thoughts.
If what they claim that they’re making $60k in revenue a week is true, that’s little over $3MIL a year
That’s just for one product line. They supposedly have been working with other companies and products.
The recent pr stating working with The Monster Group and $10Mil by the end of 2024. It’s only a couple months away.
There won’t be any need to sell anymore shares.
Still patiently waiting…
AMHO.
“Pablo is going to be even more excited as news drops over the next 3-5 weeks. $BLEG has been sowing seeds, and it’s nearly time to reap!
*massive new contracts
*exciting new products
*significant progress on company goals
Stay tuned!”
Bleg's pps has been hammered since it rose to 0.0062 on May 6th. Its been in a downward direction since.
I've never owned or ran a business but if their weekly revenue is $60,000 for just one product line (as they claimed).
Why would they need to sell preferred shares?
It seems that this type of business garners higher net profits. I mean $240,000 a month ($2.8 million yearly) revenue and you still need to give out preferred shares?
What kind of monthly expenses could there be?
They have to be making net profit. Makes you wonder... IMO.
Under an hour today and 17 Million in volume.
Yeah maybe. I 1st saw it on TOS news feed.
Yeah raising the AS would go against their supposed buyback program.
According to the latest pr:
“This announcement is the culmination of months of dedicated work and negotiations,” said Dave Oswald, CEO of Branded Legacy, Inc. “While we have always been cautious about sharing sensitive deal information until it’s finalized, I’m pleased to confirm that this development positions us to be a self-funded company moving forward, reducing the need to seek additional funding.”
If this is true, there won't be a need to raise the AS.
But like with everything, take it with a grain of mitragynine salt.
IMO
Interestingly, on Branded Legacy's website (stupid name, needs to be changed) the latest PR shows that the mention of "The Monster Group" was missing. Everywhere else the PR states The Monster Group. find that odd. IMO
https://brandedlegacy.com/branded-legacy-inc-secures-key-client/
Yeah, It would be great if it is true, but not holding my breath.
Truth doesn't like to reside on the OTC. Its a wait and see.
In another month Bleg will be considered long term for me. lol
$10 Mil in revenue and AS 900 Mil shares equates to approximately 0.011 per share.
GM All,
Maybe with their supposed $10 million in revenue within 3 months time, they can begin their buyback campaign. IMO
Interesting interview with the co-owner of The Monster Group.
“This partnership marks a significant milestone and is expected to act as a catalyst that will propel Branded Legacy into generating over $10,000,000 annually in revenue by 2025”
Over $10 million annually in revenue by 2025, that's like only 3 months away.
You’re asking me if it is false news. How am I suppose to know? The company should know they put it out there. They should be accountable for what they say, if not true.
IMO.
True, it should at the very least. It’s been beating and held down for too long.
Please provide us the proof to support your claim.
MELBOURNE, Fla., Oct. 1, 2024 /PRNewswire/ -- Branded Legacy, Inc.,(OTC.PK: BLEG) a leading supplier of botanical extracts and alkaloid-based compounds, is excited to announce that it has sent its first invoice to Monster Group, Inc. a multinational product manufacturer and distributor generating over $70,000,000 in annual revenue. This partnership marks a significant milestone and is expected to act as a catalyst that will propel Branded Legacy into generating over $10,000,000 annually in revenue by 2025.
Is this the company?
https://monstergrp.com/
Communication?
To get out of this range we need to see more eyes and daily 25-50 million share volume.
Yes I know but I believe it didn’t end with the words “In Equity” For a while it showed
Royal Enterprises Inc. Not a big deal, but I find it odd.
I noticed on TOS (Schwab) it’s showing BLEG ticker as Royal Enterprises In Equity. Is anyone else seeing this?
Last years quarterly filing posted on 8/24. I noticed some are saying 8/14 and 8/15. Is this correct?
Where did everyone go? Posting here has dried up..... very quiet lol
It's definitely not the same. There was 61,659,400 more shares added to the unrestricted count. I've been checking daily.
Until I see it posted on OTC Markets website then I'll believe it. We need confirmation
Still waiting for otc markets to be updated
I hope once they start the trials, they give us the title name of the trial so we can check it out on
Clinicaltrials.gov. But I’m not holding my breath.
Same individuals who are associated with Fifty 1 labs (which is a shell) also run KGKG, and Surge Distribution and probably others.
From Kona cans to testosterone, I wonder to date how profitable is KGKG?
How do you go from a power drink business adding a distributor business then become knowledgeable with the expertise in creating anything in a “lab”
Does this person have any medical background?
Patiently waiting for something positive and true to arise.
IMHO
These people are just blatant
Must be lol
Who owns Fifty 1 Labs?
All for an one tick gain? Interesting.....
"I thought you meant dump. I got those 12's and sold them at 13 so I can bid them again at 12 tomorrow. I already have what I want. Anything dumped down to me I'll just flip for gain!"
"Only morons are selling at 13. I'm not worried about them"
"Loaded 7 Milly today! Half 12 half 13"
"Waited patiently for these prices. Couldn't get 11 filled so I'm loading 12-13. Others don't buy, I will just buy the rest of 13 and start on 14. Plenty of funds"
You had 40 million shares in BLEG? Impressive... Good to see you're back.
I'm patiently waiting for the smoke to clear here.
Good luck to you!
Interesting to see the short volume. I wonder what the percentage shorted?
https://fintel.io/ssv/us/bleg
Yes weekly is best!! Promotes transparency!