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Tuesday, March 02, 2021 4:22:57 PM
The share reduction has to happen for two reasons now. 1) To get the outstanding shares down to a reasonable amount. 2) They have to follow through on a commitment they have made to their investors.
With or without the share reduction, this company has to show they have the ability to produce continual revenue. As of yet they have not done that. This market has been exploding over the past couple of years and is in a good position to create many opportunities for companies such as BLVD. This should be their perfect opportunity to produce substantial revenue given the explosion of the industry. And still no revenue to speak of.
I am puling for this company and will be the first to apologize for my lack of confidence should they do everything they have said they will do. Of course I would be doing that from my new home on the beach.
Comments, thoughts?
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