Is HLIX going to buy BLPG?
Is it possible HLIX, a new publicly traded Cannabis security firm, is going to buy BLPG? They bought a tiny company called BOSS which was founded by a former Blue Line Veteran. They just went public very quietly in an empty shell a few months ago, and they haven't drawn any attention to themselves.
I'm on their message board (HLIX) talking to myself, and I posted the following:
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So, many of the Helix guys are from Blue Line. I look at Blue Line and I ask, what is wrong with those people? They've been around longer but only have two times the sales of Helix this quarter. Yet they lose 4 times more money. They have negative working capital close to $2M whereas Helix has working capital close to half a million.
BLPG has 125 million shares and a market cap of $6.2 million; Helix has 25 million shares and a market cap of $10 million.
What is wrong with those people at Blue Line? They keep pumping out press releases and are being shown up by Helix which is just acting quietly and not calling any attention to itself. Helix just got here and has a entire arsenal of disgruntled BLPG team players.
Blue Line has only 5 customers that make up 67% of their revenue. Their ability to survive is in question. They have only $25,000 in cash on hand. Where will those customers go if Blue Line goes into insolvency? Helix?
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So, here I am, to ask you: Are you guys smoking the product? What is wrong with you people? You need to transport the product, not smoke it. And if you are not smoking it, how do you explain this?
Add to the above, litigation against Blue Line. Lots of salaries and little -- well, nothing to show for it. You are 4 cents for crying out loud. What are you guys doing pretending to "invest" in this company? In fact, why would HLIX need to buy you? If they wait a few months, all your customers should just walk over to Helix TCS. I'm sure they can take over, no problem. If I were Lucky Luciano, I'd just shoot all of you right now. But I'm not. Lucky for y'all.
