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Saturday, August 07, 2021 4:16:49 PM
This is why - my team came up with, and I suspect all will be quite pleased.
Here is another way to look at it - what could happen, based on a plethora of easy to find info, all of which I will show (or reference in its place and time – or this document will become very large).
That all stated I will NOT speak (DIRECTLY) in any great detail about BLPG, as all here on this platform understand clearly its movements, where it came from, and just how well its doing now that Hypur has taken the reins.
Must also forgive me, what I am getting ready to say/write, could not be done yet, due to not having enough of the picture.
That stated and disregarding the statement before last, we all are aware of the bylaws that just came out on the last 8K for BLPG. Please go out right now and look at:
Section 2. Restrictions on Stock.
This piece at first confused me…perhaps baffled me? It explains a derivative of the overall structure, and if you look at that structure, then you can see that several subordinate hierarchies are being created, that is topped off with “Restriction of stock”.
Clearly defined Hierarchy?
That means to me, unless the 8K is amended, then the other companies that Hypur Ventures took over must be going INTO BLPG, or whatever its name will become.
So let me say this another way ----
We know that at least by Sep 2016 Cannabis, Anslinger Capital & Hypur Ventures Merge Funds. At that point they already had growing holding in several companies, one being BLPG (see post 3094). We also know that they morphed into Hypur Ventures II, and no longer shared the names of the companies they were buying into, but instead just showed AREAS of interest.
Is it possible that Hypur Ventures the capital firms specializing in the cannabis industry, NOT Hypur “the company” are creating another platform to move all these companies into – NO, not unless the last 8K done for BLPG was to throw humans off their path/scent?
SEE - Section 2. Restrictions on Stock.
That would then mean that BLPG name would need to be changed to whatever it will become first or simultaneously with other actions.
Here is how it COULD play-out – a bit more detail:
1. Name of company is changed to…KING DUT (we will use this as an example).
2. BLPG the transportation company becomes subordinate and within – number of authorized shares are14M
3. Hypur “the company” merges into KING DUT. Number of authorized are?
These two companies now more or less are the designated MONEY (compliance) piece of this puzzle.
Then the other 9 (?) companies are merged into that platform.
Simplify – MJ compliant growers (How many shares will they bring to the table?)
Willy Reserve - MJ compliant product (to be sold) (How many shares will they bring to the table?)
Cannasure – MJ compliant Insurance. (How many shares will they bring to the table?)
Calyx – logistics compliance/taxation (How many shares will they bring to the table?)
The list goes on.
Interestingly enough, the total dollar amount of all the above is enormous, from what I could pull due to them all being private companies, but if the dollar amounts that were invested in them (500M+++) is true then can see why.
The placement of each company is different, with mergers, acquisitions (many completed Jan/Feb this year), and Later Stage VC and how they are placed currently.
Now once again SEE - Section 2. Restrictions on Stock.
All are private companies – NOT BLPG.
SSSSOOOOOOOO much more, but suspect you see the picture.
Bottom line – BLPG will have an exciting future, was an understatement, based on Galvin’s statement.
I hope all are ready for what is to come.
Go BLPG, Go Hypur...go..go...go
Recent BLPG News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 06:19:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 04:50:28 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 05:02:00 PM
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PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
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