Thursday, June 24, 2021 12:53:48 PM
As you know, there are a variety of reasons for a reverse split, which does include a potential uplist - possibly, you can elaborate why you believe the RS has no connection now or in the future with an uplist. TIA
Based on the recent 10-Q, it's quite clear that BLPG is addressing the issue of debt, along with cleaning up their deficit issue going forward - no question that the reduction in share structure will greatly help with this issue, along with (as you stated) help capitalize future transactions.
That said, based on the recent filings, one can't exclude HYPUR's direct involvement with regard to the reverse split, and how this will impact their relationship with BLPG - this could potentially be a precursor of what is to come on the horizon.
Based on the recent 10-Q, it's quite clear that BLPG is addressing the issue of debt, along with cleaning up their deficit issue going forward - no question that the reduction in share structure will greatly help with this issue, along with (as you stated) help capitalize future transactions.
That said, based on the recent filings, one can't exclude HYPUR's direct involvement with regard to the reverse split, and how this will impact their relationship with BLPG - this could potentially be a precursor of what is to come on the horizon.
Recent BLPG News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 08/08/2025 03:07:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2025 05:50:29 PM
