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Defenses? Buying shares is playing offense. Lol
And I have picked up another 21 million shares between yesterday and this morning. If it dips to .0007 or lower I may try for 100 million.
If the LOI/intent to hopefully sign a deal saw the price open up 75% and gain 125% mid-day, a signed deal will eclipse that sort of activity by a mile. I would rather be in than have to chase. Staying diversified makes it not such a concern.
I admire your tenacity! You've done a great job of keeping the board focused on key information and getting the word out about all that EV Hotels and this LOI have to offer.
I was just thinking about this just before seeing your comment. I'm excited for the audit completion news release to drop soon to really get the ball rolling here. I'm still kicking up buying. Now picked up 55 million shares in 4 weeks. Another 11 million or so was earlier today. Aiming for another 10 million or so tomorrow
I think this could be easy multi-pennies quickly if/when the LOI is signed by EV Hotels. This is going to get wild fast!
It was very strange that they went into almost no detail about set future plans aside for franchising. Like they pre-planned the interview in advance, asked investors to submit questions and have had multiple questions posed previously both here and twitter and addressed nothing of the sort. lol
I feel like they caught a lot of attention with the learn to earn initiative because it was announced just after move to earn tokens started seeing monstrous moves in the crypto market.
Essentially after the crypto market already started falling from the top across the aisle, move to earn came out and was seeing wild moves 10's of thousands of percentage points. Then BLLB said they were doing learn to earn which naturally got some crossover interest and then they were like nah, actually we're doing kids soccer and wiffle ball. Those things garner interest from very different sides of the aisle.
I can't lie, after a day like this it would be classic BLLB for the big upcoming news release this week to save the day just being along the lines of, "we had our interview yesterday, click to listen." The end. Lol
You must be new here, the vast majority of companies on the OTC are scams. PLPL is definitely one of the better options out there on the OTC right now.
They said a news update will be released at some point this week in a tweet last week. I'm just expecting it to mention the three franchises ready to be purchased that were mentioned in the interview and mention of the interview with a link to it.
Maybe they'll hit us with a VRL first game release planned for 2 months ago will be coming sometime in 2023, surprise.
Hopefully some other lackluster new business will be revealed. I legitimately had more hope for this company before the interview. Just as I had more hope for it before they announced last month, that they hoped to have the franchise documents completed by the end of the year. At least those are now just a month away.
If the company does manage to hit its 200 franchises within 5 years mark and that averages out to around 40 per year at $40,000 per year for initial start-up that would be a boost of around $1.6 million per year just in initial fees, before receiving the recurring 7.5% royalties per franchisee.
So this would bring in quite a bit more revenue but to really engage investors they'll have to have something that is a bit easier to scale, especially if any VRL developments are really as far away as they made them sound. VRL truly sounded like it is is purely in the imagination phase in that interview.
Hopefully some new acquisition announcement is upcoming to hold investor interest. At least it is abundantly clear that Jump Start Sports is a real endeavor that the founder says has been running for 20 years. Most penny stocks don't even have any operations at all. So there's that..
To be honest, not really. The total interview was 1 hour 6 minutes and 12 seconds but the first 21 seconds or so had no dialogue. The first 58 minutes was almost entirely devoted to each of the participants discussing what they have done in their private work previously and their shared interest in youth programs.
There was no mention of BLLB even having a stock until the 58 minute and 40 seconds mark, just because one of the hosts graciously informed viewers. Had she not done that I assume no one would have been informed that this company has a stock, lol.
This is all the new information provided in the interview, all as per Rick Hart, the Founder and Executive Director Of Jump Start Sports:
1. The company is not only working with iFranchise but is also working with top franchise attorney's to draft the franchise disclosure documents.
2. The franchise disclosure documents should be done in about one month.
3. The fee to "get involved" in franchising is $40,000. He then stated that the franchise fee is $25,000 and royalties are 7.5%. No further elaboration on why getting involved takes $40,000 vs the $25,000 franchise fee.
4. They have three franchises "ready to be purchased." I believe this means that they have three franchisees ready but no further elaboration was provided.
5. The plan is to have "200 franchises, 200 units" within five years.
Robert Clegg mentioned they are looking into getting more board members and officers with experience in Youth Sports.
Nick Coriano from Servitude PR mentioned that there is a "long-term vision of a learn to earn game." The only time Virtual Robotics League was mentioned was at the 59 minutes and 57 seconds mark, after a speaker, Leslie Motta asked Robert Clegg if the company ever considered launching NFT's or getting into the Metaverse. Nothing that Robert said with respect to VRL made it sound like it is anywhere near having anything.
The only thing he had to say about VRL is that there is a whitepaper. Kind of wild considering the beta launch of the game was projected for two months ago. That interview made me feel like its years away and just in whitepaper phase.
There was 0 discussion of any future acquisition or merger plans or anything related to Avenue, or anything like that. I'm not saying there are not, or will not be any such plans or developments. Such discussion just was not covered at all on this interview. It was pretty much all solely related to Jump Start Sports.
I otherwise did not hear anything in that interview that would have been of particular interest to investors. I wish I went to bed earlier instead of listening to all these folks talk about their personal histories and love for youth programs for an hour. lol
Bell Buckle Holdings live streamed interview is tonight at 9 pm eastern time, here: https://twitter.com/i/spaces/1ZkJzXBVkMwKv?s=20
You would be surprised by how easy it is to use crypto and how much easier it is going to become. We're already at the point where various credit cards allow paying via crypto by swiping your card. 1 in 5 adults in the U.S. own cryptocurrencies and that will continue to increase.
Pretty much everyone that's been in crypto for 4 years or more is a millionaire or more at this point as long as they weren't savagely wrecked in the Terra Luna collapse, so there is a wide and willing audience for crypto infused hotels.
These are people that spend millions on pictures of cartoon monkeys because it is funny. They'll have no qualms with buying $6,000 memberships for these hotels just for the clout. Lol
Wow, quite a bit more volume this morning ing than we've been used to seeing in an entire day here. Not massive but a welcome shift.
I'll wait for the usual eye roll of "only ____ amount invested and people are talking like Warren Buffet himself bought in with millions" style rebuttal. Lol
So in summation the outstanding shares ballooned to pay off toxic debt that was owed and now the debt is paid so there is no longer a need for the outstanding shares to balloon. This is good news.
Toxic debt often takes these small penny stock companies down entirely. I'm glad they took care of that already. Pretty much a long-winded way of announcing that management got the companies affairs in order..
I'm still laughing about his attempt to suggest a potentially nefarious connection between that building owner and Ken both having the surname Patel when there are over 4 million people with that surname name and around a quarter million of them in the U.S., lol.
Not to mention the bit claiming that since this is crypto and nft related so it could be a scam because some random other guy entirely unrelated to this company planned a crypto project 10 years ago that didn't go well, so really it may be him running the show because crypto, lmao XD
Shakedown attempts on this and most other picks lately seem weak and uninspired.
More than 4.5 million people have the surname Patel. About a quarter million of them are in the U.S.
Randomly lumping Eddie Vakser into this is the equivalent of someone announcing a plan to launch an electric vehicle company and saying, is this actually being run by Elon Musk!? There is literally no correlation to that person just because he had a similar idea 11 years ago that did not come to fruition.
The idea that an interest in involving crypto or nft's means Eddie may be involved is even more ridiculous. I live in NYC where 3 of the past 5 weeks have been dominated by crypto conferences with parties and concerts being thrown by hundreds of crypto and nft related companies.
NFT week a few months ago had nearly 200 parties and concerts in one week. Were all of these thrown by Eddie because they were crypto and nft related? I guess that is possible but probably not, lol. I've seen reaching before to try to cast doubt on a company but this one is just... wow.
Oh also almost a quarter million people in the U.S. have the surname "Patel." Not super shocking that a Patel owns that location.
I went to Elementary and High School with Patels. I was in Cub Scouts and Boy Scouts with Patels. There were Patels in my college and there are Patels at My Corporate job as an adult. If you Google the name Patel there are 443 MILLION results. I am actually just mindblown by your post. Lol
On one hand, blockchain tech is already doing that for the traditional banking system. Sia and Nexi merged last year and are handling the interconnectivity of over 12,000 banks in Europe, numerous central banks, and multiple nations are relying on the freshly merged entity to architect their CBDC's. The entire operation relies on one crypto firms tech stack to keep it running. This will lead to faster and likely near instantaneous transfers and completely rearchitects the traditional financial banking system.
On the other hand PLPL if merged with EV Hotels is quite literally a crypto play. They are requiring all payments in crypto and the memberships and sales within the hotels will utilize NFT's.
Haha, I immediately thought of crypto as well. I unstaked some to sell and buy more plpl but it didn't undelegate until 8:30 pm last Friday night, so I can't buy more PLPL until tomorrow. How I wish it was ready earlier Friday D:
I've picked up over 42 million shares of plpl in the past few weeks and looking to buy quite a bit more.
I'm pretty sure it's partially due to people in my boat. Almost the entirety of America couldn't fund their accounts today due to the holiday. I had to schedule a wire this morning to hit tomorrow, to buy more. The U.S. is back to full account funding capability tomorrow.
Nice, I was just about to post that. It's nice to see that we'll have an update on the plans for the Virtual Robotics League. Also they previously mentioned that they would also discuss actual numbers with respect to the recent franchising deal in Philadelphia during that interview on 10/16/22.
For anyone interested in viewing todays tweet update directly, it can be seen here:
Just a reminder that this Sunday, October 16th, we will be live with @TheOtcClub discussing the progress made at @WeAreJSS and our roadmap for Virtual Reality League. Excited about what is to come! $BLLB 🔔 https://t.co/SkkAGVzPpp #OTC #OTCMarkets #YouthSports #franchise pic.twitter.com/q1uSU2l6eC
— Bell Buckle Holdings (@bell_buckle) October 10, 2022
While today is already moving up strong, I suspect a major influx of capital coming into PLPL tomorrow. I tried wiring more funds to TD this morning to stack more shares and had completely forgotten that all U.S. banks are closed today, so I can't wire funds in until tomorrow.
EV Hotels is a private company seeking to reverse merge into PLPL, in order to become a publicly trading company on the stock market. Reverse mergers are typically faster more cost effective means of attaining a listing rather than going through the full IPO process. PLPL is just a publicly trading cleaned vessel that can facilitate that.
Investors often invest into shells at depreciated price points, in the hope that a private company will reverse merge into them because if that does happen, the ticker then attains the book value of the company that has merged in. It is for this reason that many of the largest penny stock runners have been reverse merger plays.
Brian Esposito is the chief strategic officer and chief investment officer of EV Hotels. He has those positions listed on his Linked in account and his company has EV Hotels listed on their partners page.
I know a Manhattan slumlord with fairly rundown buildings clearing more than that annually. Suggesting in advance that any hotel chain will never clear $5 million is absurd.
It's also worth noting that Brian Esposito's Linked In page straight up lists that he is the chief strategic officer and chief investment officer of EV Hotels:
https://www.linkedin.com/mwlite/in/brianjesposito
In this post that True North posted previously, the CEO of EV Hotels, Ken Patel, tags Brian Esposito and Brian's company, as being partners with him for that hotel. If you scroll down toward the bottom of the comments, Brian and Ken banter with each other about the feel of the deal happening:
https://www.linkedin.com/feed/update/urn:li:activity:6973636643178127360/
I was just peering through the CV of one of EV Hotels partners for this hotel in the Dominican Republic and I have legitimately never seen such a stacked prior corporate history in my life. The man might as well have just said he's the chief strategy officer of everything to save us all some scrolling time, lol.
EV Hotels if merged into PLPL, might really be the rare case of eventually hitting billions in market cap plays after all. This companies partners are beyond major:
https://www.linkedin.com/mwlite/in/brianjesposito
I did like that change-up on the expected timeline of the franchise document release in the most recent pr. Previously they said they hoped to release it by the end of the year, so seeing it updated to November was nice.
Still a lot going on here. I've mostly been buying other stocks and crypto for the past few weeks but will turn back to a stacking BLLB focus within a month or so.
The company mentioned in a tweet that they will touch on revenue expectations in their upcoming interview that will be posted online. I suspect they may touch on that baseball info there as well.
That tweet can be seen here, in response to someone asking about revenue from the first franchisee deal:
Will comment on this in our Twitter spaces with @TheOtcClub
— Bell Buckle Holdings (@bell_buckle) October 5, 2022
Seriously, I went to a U.S. open Party last month that was thrown by a hotel brands holding company. I decided I shouldn't miss it after looking them up and seeing their annual revenue is around $2.7 billion a year.
A special nightlife secret is that if a hotel invites you to a party you should go because it will be a banger thanks to the absolutely obscene money that hotels pull in. Anyone trying to shade the hotel industry, especially a smart hotel chain that infuses blockchain tech into its hotels, as being a non-winning prospect, simply does not know about the industry.
I've been loading this one like crazy. Picked up over 41 million shares in the past 3 weeks. This seemed like one of the only fairly obvious plays in the OTC for now.
My only major pain here is that I unstaked a cryptocurrency 20 days ago, that takes 21 days to undelegate, meaning I can't sell it for more PLPL until tomorrow. I love todays news but what wrecked timing for my situation. Lmao
I'm still planning to pick up quite a bit more here.
NEWS:
Full Release Here: https://www.otcmarkets.com/stock/BLLB/news/Jump-Start-Sports-Inks-Deal-For-Philadelphia-Market?id=374962
Jump Start Sports Inks Deal For Philadelphia Market
Press Release | 10/05/2022
NAPLES, FL, October 5, 2022, (OTC DISCLOSURE & NEWS SERVICE) - Jump Start Sports, a subsidiary of Bell Buckle Holdings, Inc. ("Bell Buckle") (OTC PINK: BLLB), announced that it has signed an agreement with a Philadelphia businessman and well-known youth sports promoter and coach, Andy Stackhouse, to serve as Area Manager in the Greater Philadelphia market going forward. The deal includes a right of first refusal for Mr. Stackhouse to become Jump Start Sports first Franchisee and includes the first three territories anticipated by the required Franchise Disclosure Document due to be completed in November.
Mr. Stackhouse, a former All American college soccer player, has been a prominent force in youth sports in Philadelphia for 40 years as a player, coach and mentor. He has founded and managed numerous soccer camps and programs, including Stacks Soccer Camps and the New Lighthouse Soccer Club. He has coached boys and girls at every level, including at North Catholic High School, William Penn Charter School and University of Pennsylvania, a Division I member of the Ivy League. The clubs he coached include Lighthouse Soccer Club, Warrington SC United Boys, VE Soccer Club, Ukrainian Nationals Zirka, and Ukrainian Nationals.
Mr. Stackhouse was inducted into the Philadelphia Oldtimers Soccer Hall of Fame in 2001 (now SEPA HOF) and the Archbishop Ryan High School Soccer Hall of Fame in 2008. In addition to becoming Jump Start Sports Charter Franchisee, he will continue to serve as Soccer Tour Account Executive and Coach for EPL Sports.
This move furthers our commitment to the Youth Enrichment industry and launches our franchise model in a significant way," stated Robert L Clegg, CEO of Bell Buckle Holdings. And leveraging Jump Start Sports presence in Philadelphia via a franchisee with long-standing, deep ties to the community there is an obvious next step as we already have a strong hold in Ohio. Look for more deals like this from us he added.
About Bell Buckle Holdings, Inc.
Bell Buckle Holdings, Inc. is a holding company with a focus on acquiring and growing businesses in youth enrichment industries. Our mission is to provide opportunities for children to develop physically, mentally and emotionally through participation in sports and other extracurricular activities.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
INVESTOR RELATIONS:
Cervitude Intelligent Relations
4 Research Drive
Shelton, CT 06484
cervitudenetwork@gmail.com
www.cervitude.com
Skype:CervitudeIR
I literally did not know there was a news release today until seeing your post. I'm surprised no one posted that. smh
I provided the source to this data in this post last night that you already read and responded to: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170116831
The three sentences explaining this in the quarterly may be a bit verbose so more simply stated, while the quarterly itself covered the three months ended on June 30th 2022, we already know there was no revenue prior to the Jump Start Merger which was finalized on June 16th 2022. This means that there was no revenue brought into Bell Buckle Holdings until June 16th 2022. The report itself covered through June 30th 2022.
While that in total represents 3 months of information along with information from 2021, we again know that the first date of revenue bearing business brought into BLLB was on June 16th 2022. Since the report only covered up until June 30th 2022 and June 16th 2022 was the first day of revenue into Bell Buckle Holdings, that was indeed 15 days worth of revenue calculated for the company as coming into it from Jump Start Sports.
I'll repost the same three sentences from the quarterly that more fully explain this here, with that key portion highlighted in bold, to make it easier to catch:
Edit: Ah, I see I inadvertently wrote 6 months instead of three months in the prior post, though all other data otherwise remains the same. I guess that's what all the yelling is about. The SEC will undoubtedly be confused by your demand for information since it is shown plainly in the quarterly report.
Selective omission of a key fact there. That loss was due to expenses over a 6 month period. That revenue was revenue accrued over 15 days.
Over that same 6 month period Jump Start Sports saw revenue of $949,325. The revenue coming in from Jump Start Sports is bullish as a starting block for BLLB moving forward and the known profit from it as presently known, greatly eclipses currently recognized expenses.
The latest quarterly specifically breaks down profits generated by Jump Start Sports. They are most likely not concerned with whether shareholders raise that question because they can simply point to the answer already in print as follows:
The small net loss seen in the first 6 months of this year, was prior to the merger with Jump Start Sports, meaning that BLLB barring new expenses or liabilities, should now be operating well into the green.
Your responses to the actions being taken with this shell suggest that you might have just heard of shell stocks a bit earlier today, which is fine. You should read the informative responses and look into a bit of the history of shells and prior action that they have seen to gain a better understanding of why they are of great interest to penny traders.
Very many of the largest running penny stocks of all time have started as shells. In fact the largest running penny stock ever in a 6 month period was also a shell much like this one. The argument of no one will buy this because it is a shell when nearly half of the biggest penny runners in the past couple of decades began as shells, doesn't hold much weight.
In the case of this particular shell, there is heightened interest because it has already been made clear that PLPL was cleaned up specifically for major corporate actions to take place, such as reverse mergers or LOI's. On top of that they aim to have thos shell audited which would make it an even better candidate for a larger private company to merge into.
Shell investing otherwise can usually be far more hit or miss due to not preemptively already being aware of the stated future plans for a shell. We just don't know what company may be merged in but we are aware of the intent in advance, making it a more attractive investment prospect.
Next week will be the start with the upcoming press release but really there is a bunch all coming together. The growth of the Jump Start Sports core business itself, the franchising plans will start kicking in toward the end of this year, the first release of the learn to earn game that will also eventually be added to the list of things Jump Start Offers and other upcoming mergers and acquisitions.
I also continue to hold out hope that the reason for the CEO of Avenue taking up a 5%+ share of BLLB and holding it for so long across multiple quarterly reports, is that there is interest in merging Avenue in and that they have just held off to wait out the bear market. The oast year has not been an ideal time to reverse merge into any shell, in terms of aiming to maximize shareholder interest.