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So we are two
Question: you have a public company under Nevada state law. There were no annual shareholder meeting. Bylaw requires a 1% quorum. Now my question: BOD owns less than 1% of OS, does it mean the company is acting against law and bylaw by not doing an official annual shareholder meeting because quorum requirements aren’t meet? Thx
Scam!
They diluted again and further raised their AS to 3.6B. Wish you fun
Finally our one and only moderator ist back.
Could it be that Harold lost confidence?
Market is green and Blpg is red
News from the banking act
Don’t feed the trolls
Don’t Feed the troll
Square (ticker SQ) is entering into the Canadian cannabis market as payment platform.
If Hypur ventures is still existing they have no vorting rights now. Galvin as link between BOD and Hypur ventrues is gone. If they want to convert the 20M preferreds to commons BLPG needs to raise AS. But Link between Hypur ventrues and BLPG BOD is gone (Galvin). I dont know whether Dan or Doyle are "pro" Hypur ventrues. And Berman who knows? If BOD decides to do a forward split where these 20M preferreds are less than 50% Hypur Ventrues has nothing.
Weed stocks on fire despite this pile of ….!
When this is going under 1 cent . I’ll buy this company. They have a net cash flow of more than 100K ( after debt payments) so the investment will get amortized after one year. Further I would kick out dan immediately and took his position which makes another 180K. I will start buying again with another broker at 3 cents
Hope for bio he don’t see the price action today.
Indeed. Good question why I ve been holding it. *lol*
No it will go lower. I am convinced that we will see all time low at 2 cents again. This stock is a pile of shit.
No one gained with this POS. Even the options of Dan , Doyle and this berman guy will get worthless. They have an exercise price of 21 cents. So the stock must gain 350% only to be ATM
Pennyflippers who bought under 10 cents. They get impatient bc of low vol and lack of information
I think it will even go lower. I think we will see all time low again. All time low was at 0.02. yeah it is like it is.
I think the previous RS was only to get the holder of the preferred shares in control. Look there are 20M preferred shares which could convert 1:1 in common shares. These preferred shares were not touched by the RS. So before RS there were more than 800M shares, so these 20M preferreds had nothing to say because they were only 2.5% from
The outstanding shares. After RS we have 8.25M shares and with conversion of the 20M preferred you get in control because you own more than 50% (here more than 70%) of the company. I think this was the idea with the RS to get hypur in control. Yeah who hold these preferreds now? Is it still hypur venture? Is it Galvin or the new owner of hypur? I don’t know but it think it is important to solve this issue. Maybe the company could buy these preferred shares back?
We hit a market cap under 500k. If someone wants to buy it. Even the one pays 100% more we only get 12 cents. That’s the reason why I think stand-alone is a better strategy here.
Agree with you nothing makes sense here.
How do we get these idiot BOD out of our company including this new guy. Berman is now 6 month on board look what happened to the share price. Yes it ls our company. We have more shares than these stupid BOD. I would vote for Preston as ceo and stox and bio as other bod members. Let us kick these idiots in their asses.
Hmm new 52wk low while MJ stocks are soaring. Think we will see all time low soon and no I am not Harold. Btw dan will get a nice mail from me today. I know it will not change anything but …
Hey ho . 0.063 *lol*. 5 cents is coming faster than we thought. And most of ppl can’t buy (at least in Europe) cause of price restrictions. Can’t buy stocks under a specific value. Maybe that’s another reason for lack of buyers. Yeah will get interesting when we see pre RS price again. BTW what was the reason for the RS despite destroying shareholder value. They didn’t dilute and participated from higher share prices to pay back debt.
But doesn’t it make Blpg useless?
„Bradley said reclassification would possibly give marijuana businesses access to banking and bring positive tax impacts.“
Bro dont get to hurry i am seeing at least 3 Cent if i am looking into the year 2019 and 2020. Would be a market cap of around 250.000 USD. Qs and financials dont count.
I think we should calm down. 4lmral is right the money is lost. In my case 60k. Sure It hurts but life goes on and yes it was my own fault. But the financials are not that bad and its audited. But it looks like there is no vision from MGMT how to grow this company like with new sectors (not only MJ), with new services or an uplisting and there is no advertisment of the services (whats really bad). The bad part is the damn company couldnt even participate on the high stock prices in 2021 cause they didnt do a capital raise to pay the debt.
Yeah Dan sucks and they should put Preston in this position but what do i know. Bashing other stocks with no involvement isnt cool and waste of time. I dont care about HPNN what is it? I dont now and I dont want to know. If Harold has no involvement in BLPG and is only bashing/trolling here for fun then he is a poor soul with no life but i really dont care for him. Dont feed the trolls. Further I dont believe a lot of people associating BLPG with MJ their Homepage nor there OTCMARKTES profile is associating them with MJ: "Blue Line Protection Group provides consulting, armed security, compliance and investigations, transportation and secure vaulting services to banks, businesses and government entities who need to protect their assets, licenses and clients. Blue Line serves banks and credit unions by providing currency processing and transportation solutions, and its risk mitigation services help financial institutions serving cash-intensive industries comply with federal "know your customer" mandates. (OTCMARKETS) And their last 10Q is only showing 5 times MJ.
Should have sold last year at 40 cents. A 50% loss is still better than 90%. My shares are worthless won’t sell at these money. Don’t need these few bucks. Dan no words for you but you are the worst CEO I know. First you diluted Blpg like bud light and now you Tank the SP into oblivion. Dan pls go you doing not good for this stock. Just leave.
Now at 0.061 . It has a market cap of 500k now. Looks like Harold’s 5 cents are coming.
My worry is now they will go private or get bought out under 10 cents. Maybe that’s the plan.
Now 0.071 with 325 shares! It has a MC of 585,000 USD with 4-4.5M revs, positive net income and positive net cash flow. Yeah what should i say it will go to 5 cents like Harold is saying. No words for this shit BOD. The new guy sucks like Doyle and Dan . To get Free options is the only thing they can do. Good thing these options at 21 cents will get worthless.
IBKR is showing 0,108. hmm 🤔 but no trades . I don’t know.
He has to leave. Period!
Harold bought another big chunk
Alright guys I am so excited what the next Q in four months will bring. Don’t expect any news till then *lol*
Just scrolled through the financials. Looking good so far. Revs up, positiv net income and positive net CF of more than 100k. Stock holders deficit Down to 1.6M. This means we could get positive equity in 2 years (maybe earlier). Only think what I am worried about is marketing:
Advertising costs
The Company expenses all costs of advertising as incurred. Advertising expense for the three and six months ended June 30, 2023 and June 30, 2022 amounted to $685, $4,704, $0 and $374, respectively.
It’s out already! Will have a look through it later this day.
you know i am not a fan of this text phrase.
Agree! Mgmt should do something like a share buyback or so at these prices or at least find a way to manage the preferred shares. Since the RS the holder of the 20M preferred shares has the majority in the case of conversion. I think that was the original plan with the RS to get Hypur in a position as a majority share holder bc th RS didnt touch the preferred shares. Then with the new bylaw the BOD is in the position to increase the authorized shares without shareholder approval and as we knew Galvin was part of the BOD (for Hypur). So hypur (ventures) was indirectly in the position as majority shareholder. But whats now? We know Hypur isnt anymore. What happens with hypur ventures? Who is holding the preferred shares? Who is indirectly controlling BLPG? Dan WHO? I think BLPG should cancel / buying back the preferred shares and they should give the shareholders the approval for the authorized shares back.