Branded Legacy Inc (BLEG)

[varok]

Good morning,

I'm building a house on my mountain retreat so reason why I don't participate. I usually always take the summer off since the doldrums in the penny arcade is most prevalent during these summer months. It happens every year

I'm going to take a moment to address the current situation with BLEG.

I am very strong on BLEG and have not wavered from my optimism that this company is still one of the best business models with respect to the penny arcade against other companies. First, the downdraft of the share price is mostly the issue with shareholders getting the negative feelings and exiting out. I understand, this is preservation of capital. But we are not in control and the company isn't as well, regardless of what some may think. The company or the CEO is still on target with their assessment for the future and to blame the CEO for the current drag is not well placed. I don't want to hear BS or fluff pr's just to satisfy certain shareholders because the share price is not to their liking. We do not have the volume on daily trading, and it only takes a very small sell order to take it down and that is what is happening during this cycle. The MMs are in control and any small deviation or sell will drop this share price.

Bleg is a manufacturing company, so things do not happen on a whim, it takes time. The company held its open house and showed the public that they are proud of what they have so far. They have open contracts and other important things going on, we just need to give the company the benefit of the time and I'm willing to give it at least through the remaining 2024 Calander year.

We have the next quarter coming in August and should give us a better understanding where we stand, but I can almost assure that we will rebound after Labor Day going into the last quarter with positive.

This is a slow period for many pinky companies, and I am certainly not in panic mode, and I am adding at the low prices since we are now in oversold territory, and it is because of the low volume and some anxiety sells.

I do agree that the share structure needs to stay at this level and needs to be watched.

Enjoy your 4th and see you all after Labor Day.

Have a good day
varok