InvestorsHub Logo
Followers 117
Posts 9610
Boards Moderated 2
Alias Born 09/21/2016

Re: None

Wednesday, 04/10/2019 8:39:01 PM

Wednesday, April 10, 2019 8:39:01 PM

Post# of 20709
!!Pay attention and understand that Hypur Inc is Blue Line's General Partner ....look here:



https://regulatory-technology.bankingciooutlook.com/vendor/hypur-taking-businesses-beyond-regulatory-tightrope-cid-330-mid-43.html

That is when the relationship started. It was followed by Doyle Knudson's appointment to the board after the first investment via CGDK llc. You should understand that CG stands for Cristopher Galvin and DK stands for Doyle Knudson. The point I am trying to make here is that this Company is the reason Hypur Inc exists today. It is also why Cristopher Galvin was appointed Chairman of the Board for Blue Line in January of 2018.

The third party unrelated convertible debt is almost completely wiped clean for good. This Company hasn't issued any of those type of notes for over a year. It has been only CGDK llc and Hypur Ventures(first fund). The first Hypur ventures fund went on to raise a $50 Million IPO called Mtech Acquisitons. This is the new, second fund and it has a cap of $500 Million.

The General Partner expects the Fund’s first round to close on or before April 15, 2019 at $25 million, with an additional $100 million closing on or before October 30, 2019. The maximum size of the Fund is $500 million. The General Partner anticipates the balance of investments in the Fund’s limited partnership interests will close pursuant to investments by institutional investors by mid-2020.



This is due to consolidate...and either become the public vehicle(one of them)..or be part ..et al.. similar.

The Fund’s investment categories will include cultivation, distribution, retail, genetics, technology and brands with a focus on top tier operators and synergistic views in key markets. The team’s deep experience will also enable portfolio companies to quickly identify and execute on opportunities throughout the country and promising international markets, enhancing value throughout the portfolio and/or creating opportunities through public vehicles and M&A.



It has taken almost four years to get to this point after the initial house cleaning circa 2015. The picture is much larger than just cash transport/security. Much larger.



Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BLPG News