Looking for the next JEM.
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It is a game. there are rules to any game and the market is no different. once you start to see patterns you can anticipate what happens. the way they move these stocks isn't unlimited. you will see patterns over and over again. once you see them you can be like "I have seen this before...".
i play 20 to 30k positions on otc stocks so yes I've had amazing days of over 250k. also had some bad days where I'll give up 100k plus. the thing is is to not lose your shit. don't trade the amounts that some of us do until you can handle the whiplash. in the beginning, the mood swings go from euphoric to depressing very quickly and anyone in your life will suffer.
learn the game and play to win.
i don't need the stock to go to 05 or even 01 to make more than most do all year. it is risk vs reward and if you go heavy on the right one it is amazing.
pessimistic idiots imo. i'll f'ing tell you how it goes down and how every damn uptrend happens. someone buys these 002. then someone buys the 0022 and a green candle forms. the new trend brings attention and more interest. As long as there isn't a d seller the momentum gets stronger and stronger. over the 20yrs I've been trading the otc it is how it always works. the otc is slow until it isn't. when the otc isn't slow it can become very quick. see 01 in days as long as there isn't an asshole ready to drop an axe. see my problem is that the assholes in kgkg used to be in bleg and these dicks are the legacy holders...
the key is if the d holders are DONE? if all the stock that was given to legacy holders is out there bleg will blow past 0062. there isn't an otc black hole sucking all the attention and momentum right now. dave says the d's are done and the ss isn't changing and boom you have the next runner EVERYONE IS LOOKING FOR. trust me people are always looking...
it is dave and his bs of beating around the bush with the legacy d holders. imo call the mother f'er and keep beating him over the head about the legacy assholes
anything is possible but highly unlikely man. you want to see net profits which are profits after expenses materialize. if bleg has over a million in straight cash from operations that will be impressive. really hard to find in the broader 00 market. look and you won't find many
it is a good looking product
Pretty sure the clinical trial products are done and ready. Until Dave makes it official in a pr etc I wouldn't give my comments much weight
Maybe he was on vacation and didn't know someone converted a small amount? When the ta updates the OS in couple of days we see 794? Maybe it got pulled back? F if I know
it is ready!!!
got a message from a twitter follower i turned onto bleg that talked to dave this morning. told me what was discussed. the product collaboration with the tattoo artist is a lot further than thought. you all might want to call...? there will be a heavy hitter reveal party. clinical trial products are coming...
confirmed the AS will not increase. this is bottom.
LIKE WHAT I WAS TOLD. prophet has the network to get the info...
Dave Oswald @Dave_Oswald_CEO · 48s
Happy monday everyone!
I really enjoyed my vacation time over the past week, its always important to recharge and focus on family for a bit.
I'm excited about our open house this friday from 11am to 2pm, I hope to see as many of you there as possible!
$BLEG
Dave Oswald
@Dave_Oswald_CEO
·
47s
Just to catch everyone up, as of 6/7/2024, $BLEG had 774.3 million shares outstanding.
Our buyback plan is ongoing, our revenue is growing, our team is expanding, and we will have lots of positive news dropping in the coming weeks.
you are correct
keep emailing imo d.oswald@royalbiotek.com because the squeaky wheel gets the grease
oversold on all timelines especially the weekly
live in Costa Rica and to fly back to meet an otc ceo offering me pigs in a blanket & cheap wine? No... I don't do drugs so I don't care about THC ABCDEFG whatever. Back in the day we just smoked weed. Oswald wants to impress and show he is doing it right GET THE F'ING SHARE PRICE UP
News this week... Doing an open house with a bunch of disgruntled shareholders sounds like so much fun...
But there is no interest in owning bleg stock? lolol sure looks like someone knows bleg is undervalued....
This asshole is working hard on Sunday? Tuesday news before the open house would explain his need to post 20 f'ing times today
Bleg will be fine especially for a stock with under a billion outstanding. The guy is trying to get in not just your head but anyone interested in bleg. Doesn't trade pinks but when you look at his posting history only comments on pinks... Just another trader trying to get the best price possible and will lie his ass off to get a bid filled. They're a dime a dozen.
Ignore him and don't respond. He posts some BS just make a non responding post on why bleg is doing just fine.
Only the inexperienced fall for such tactics and who they're looking for. People with experience don't respond
Ignore the guy.
Mid week? Look for peanuts post
If you didn't want to trade this stock you would not be here... Put in your opinion man. Yours.
yes dave sued him to keep the d shares he got for "consulting services". dave got a small victory by locking those shares so ryan couldn't dump them anytime soon. know we are all disappointed with the share price (I'm pissed honestly). the share structure is still in a very good window and can run and has.
I'm a buyer at these prices than a seller.
also called bleg yesterday and asked some questions. they have been running the kava and are waiting for packaging from kava depot so income is coming in for bleg. bleg 1 MILLION VALUATION TODAY AND I'M BUYING MORE. bleg is cheap...
if bleg can finally take full control without legacy holders f'ing it up this can go well. $ronn has the exact share structure and went 02.
dave does not have control of what legacy d holders do. legacy holders are just that old holders. i'm not making excuses but dave can only control the terms for the shares issued by him, not old management. yes the share structure went up 20m but much better than the months before. the legacy holders only have some many shares. before dave took over there were 257m outstanding now 794m. imo 5m d have converted & I bet it is done.
then you have some tidbits from his CEO letter and a recent email from peanuts an ihub poster. let's look at both.
email from Dave . Working hard to get a few things cleaned up and get the PPS back up to provide shareholder value . Updates coming !
a few things cleaned up which might be the bump in the share structure I found yesterday?
CEO LETTER
Shareholders have inquired regarding the Series D reported in our recent quarterly update: I
wish to clarify that the contracts pertaining to this issuance predates my tenure. Since assuming
leadership, I have staunchly disagreed with this maneuver, which was initiated prior to my
assumption of control. Despite extensive legal efforts and substantial financial resources
allocated to challenging the issuance, the legal framework established before my stewardship
presented obstacles to its cessation.
It's important to note that I personally offered to purchase these shares to prevent dilution, but
unfortunately, my efforts were unsuccessful. Nonetheless, I've consistently demonstrated my
commitment to protecting shareholder value by investing significant sums from my own pocket
into both common and preferred shares and retiring substantial portions to mitigate dilution
risks. Through negotiations, I was successful in placing these shares under a lockout/leak
agreement to prevent negative pressure on our share price.
Moving forward, I want to reaffirm my unwavering dedication to prioritizing shareholder interests
in every decision. While the outcome of this situation may not have been what we hoped for, I
remain focused on the future and on continuing to drive value for all stakeholders. It's worth
noting that this marks the end of such issuances under my watch, and there's far too much
positivity ahead to let past challenges weigh us down.
Our share buyback program will commence next week, and will serve to add stability to our
share price as well as encourage confidence amongst our shareholders. We have allocated
$150,000 to purchase common/retail shares throughout 2024. After recently confirming our
intentions to maintain the current authorized share count, as well as guaranteeing no reverse
splits unless necessary for uplisting, we expect 2024 to be defined by revenue production and
profitability.
Sincerely,
David Oswald, CEO
dave sued ryan to keep those d shares from being issued and LOST. he says he tried to buy them...
in the end I'M GONNA RIDE THE LIGHTNING! see where bleg goes
Read the ceo letter or better yet call him.
Called the ta and it went up 20m to 794m outstanding shares.
oh, trust me that i never believe anyone that starts posting negative price targets after a bump in selling. 🤣
chart is still oversold even the 1hr. i'd pay attention to what the ceo said to a shareholder yesterday.
peanutz 06/05/24 4:32 PM
Post #61,149
Just got my email from Dave . "Working hard to get a few things cleaned up and get the PPS back up to provide shareholder value . Updates coming!"
that is a $1.2m market cap at 0016... best of luck getting a fill there. dave said more news is coming just yesterday. know they were actively calling for white contracts.
imo whoever flipped on the 1hr is not going to get that fill lower. 0016? imo you're dreaming unless you dump to that point yourself?
one would think bleg would want something positive out before their shareholder event at the end of next week? one of the worst performing sub billion share otc's i have seen
You do understand that it is a total of 516m d's issued over 8 Months right? There isn't f'ing billions of them
A friend that is also in bleg got an email yesterday from Dave. Think he can at least get this back into the 003's. There is more value here than the market cap represents
The company is undervalued for what they are doing so it isn't surprising to see buying.
like it actually. imo it means they're done and if any news comes upward resistance should be minor than overwhelming when the d's were being sold.
anyone wanting to set a position will have to buy the ask.
dave going quite can also be considered that the d's are done selling.
waiting game
when there are no d selling or conversions in general this is the type of trading i would expect to see. slow...
just showing patience. if it is true that bleg will do around 1.5m in net profits after expenses without any additional business makes this stock one of the best buys in the otc.
dave does start talking bleg gets back to 003 plus
when dave took over the os was 258m. shares given to dave as compensation were returned making them moot. the current os is 774m - 258m = 516m have been issued to D holders.
the d holders from the chart started selling oct 10th just look at the volume spike. how many are left out there dave knows...
From talking to him these are or were legacy D shares. With an os under a billion there can't be that many left. From looking at the chart they were selling D shares over the days in the lead up to the kava pr. The day after the pr volume fell off a cliff which means whoever was selling is done.
EMAIL HIM. I have emailed Dave a few times. let him feel the pressure and a need to respond. If Dave comes out saying the legacy D holders are done and everything else has the lock out clauses bleg can rally. We need to know which means you all need to keep the email, Twitter pressure on. Bleg can be a great investment but the d holders need to get out of the way first
hopefully bleg is filling their needed inventory. give us a review when you try it. tell them you're buying because of their use of bleg
was looking and not everything is sold out. if bleg is going to be filling this backlog to get everything in stock that will be a lot of work.
co2 extracted is exactly what bleg is doing. look at the price of the product...
70% Kavalactone Kava Powder Extract
$1,928.00
This CO2 Extract is potent and contains considerably higher amounts of Kavalactones (70%) than traditional brews, thus only small amounts are needed.