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Re: dreamaker56 post# 96166

Saturday, 02/12/2022 4:06:25 PM

Saturday, February 12, 2022 4:06:25 PM

Post# of 100791
I don't see anyone saying it's going up imminently - penny stocks are pretty beaten down at the moment as we all know. I do think a lot of traders are looking for where the bottom is for BLDV in anticipation of it going up eventually. Time will tell if the bottom is in or not. I only started posting here again to point out a few things: that it's currently one of just a few subpennies at this general pps/market cap range (and by far the cheapest by pps) with no convertible debt, with assets well exceeding its negligible debt, and with positive net operating income as of the last quarterly along with growing revenue streams--and it's the only ticker that meets the aforemetioned criteria that I've found where the OS has been reduced significantly and where there's no dilution via share selling by the company (just 170M preferred to common conversions last year). Overall, the OS was reduced by a net 645M shares since Dec. 31, 2020. Also, based on Friday's conversation, it would seem the float is probably well under the the Held at DTC figure due to certificates that have a permanent chill at DTC. All those factors, along with BLDV being in a hot-again sector with a social equity partnership with GRWG, imo make this the best bet of any penny stock where shares can be had this cheap--but I'm not making predictions about the near-term price action. This is certainly my favorite subpenny for if/when OTCs get some interest and liquidity again for what it's worth. Most other subpennies will be annihilated with toxic debt conversions as soon as they get some volume, and that's not the case here.

Just my opinion...
H

I never give buy/sell/hold recommendations or financial advice. Be careful with your investment dollars, especially in the pink sheets.

Volume:
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Total Trades:
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