BHPA Inc (BHPA)

[Lazarus]

Reverse splits have nothing to do with the stock price and everything to do with control, percent of ownership, & RAISING $$$.

Up until recently the filings showed ~ 80.5 million OS with a public float of ~18 million.

That means J6P common stock holders have 22% of the company. That's kinda high for a reverse merger so one would expect a reverse split to bring public ownership into the 5% range.

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Now has ANYBODY bothered to look at the last filing and the very obvious anomalies???

Now this from the last Q

Now here's a screen grab of the share structure:



now scroll on down the beneficial ownership --- here's another screen grab




Now lets do some simple addition:

At the top of the page there were:

525,000,000 common shares authorized
80,533,333 common shares outstanding

under beneficial ownership Lazar has 444,466,667 shares of common stock.

So add 80,533,333 + 444,466,667 and you get exactly 525,000,000 common shares

So we know that they have reached the limit of authorized shares.

Furthermore we know that whereas at the top it stated there were no preferred shares we now know that there are 9,600,000 shares issued which represent 96% (meaning there are 10,000,000 preferred shares authorized).

What common shareholders DON'T KNOW is what the terms are of the preferred shares i.e. do they pay interest, do they have a conversion rate of 10,000 to 1 share of commons, etc?

Since there is ZERO cash and the only equity is a note payable which we know nothing of how its structured or what is being paid for.

Also -- since the top of the report does not coincide with the information on the bottom --- WE NOW DON'T KNOW WHAT THE FLOAT IS. ANYBODY WHO SAYS THEY DO WOULD HAVE TO BE GETTING THAT INFO FROM AN INSIDER -- AND ITS A VIOLATION OF SECURITIES LAW TO SHARE NON-PUBLIC INFORMATION

CONCLUSION: Even though they have brought public ownernship down to less than 4% of the common shares OS - I suspect that THERE WILL BE A REVERSE SPLIT.

Anyway, this is all public knowledge/info --- its right there in the filings.

Make of it what you will. I hope you all make $$ but there are plenty of caution flags out there so be careful.

GLTA - and happy trading.

#Lazarusout