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Thursday, 08/12/2021 3:58:54 AM

Thursday, August 12, 2021 3:58:54 AM

Post# of 20890
Hello again smile scrolled through the 10q. increasing asstes (cash) and income is really nice, but we have in mind a large stake from the 2.7M net income are derivative earnings but we see an increasing net income without derivatives too which is great. right now from the 10q for me nothing special pointed to a rm. BLPG is a solid company which could have no negative equity in 3-4 years and could be stand alone with a share price up to 5 dollars or maybe with hype and better PR it could 10 US too. For me its a long term play kind of set and forget.
The only thing which confused me is the preferred shares part (F-21):
The preferred stock is convertible at any time at the election of Hypur Ventures. The preferred stock shall automatically convert to common stock if the closing price of the Company’s common stock equals or exceeds $.50 per share over any consecutive twenty day trading period.

But i think it is a mistake and they forget to adjust this to the RS cause we are trading above 0.5 for more than 20 days right now.
Your thoughts? ...and GLTA