Blue Line Protection Group Inc (PK) (BLPG) Quote

That’s an expensive share that traded today lol

Nope...same. The entire Industry is a bust. Here is probably the biggest winner... https://www.otcmarkets.com/stock/TPB/overview

But look at it's annual revenue growth:

https://www.otcmarkets.com/stock/TPB/financials

It sells paper etc....lol.

It's fn' dead. So it's not on the Company what so ever...they are on par and doing better than most(they are small). Which is fn' crazy

Omo any new thoughts. I was hoping for expansion with the new director and California background. Compliance is still and will be king but the radio silence is killing us.

Knew that was coming:




From this:

Well....something is very off on the last 10q compared to previous. They have stripped almost all transportation revenue for 2023...and moved it to compliance. Not sure why...but as of now and via quarterly...the transportation revenue is essentially nil.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174937706

BEARISH

Is it soup yet?

Same

I know but it brightens my morning for a while

Every morning

I love to see the ASK in $1. lol

So looks like the numbers put in the wrong category / column originally ? So probably continuing to grow organically and not sold.

Revised q today.

Is their any speculation as to what might happen with Hypur and money owed to them by BLPG? Litigation?

Doubt it lol.

I feel as if I could steal one of their vans (or more) and they should have no recourse.
Lol

Any thoughts are good at this point... hopefully the forever silent company has a booming plan.. this has been a wishing well at most.

Some day we will get good news. I haven’t lost faith in BLPG!!!

Huge

THE PRICE & VOLUME SPEAK VOLUMES!!!!

I think they found a buyer for this (SPECULATION BASED ON THE RECENT SHARE CHANGES IN PREFERRED SHARES)

Yeap. Happy he got to get a lot of fishing in before his passing tho. He talked a lot of shiat but I’m sure he had a good heart too.

Hi guys....Can someone please write a clear explanation of the current situation?

Awww... Harold died?

No amendments to the 10q so maybe those aren’t mistakes ….

Also no filings yet on the change to preferreds….

guess we will see if they can pull a rabbit out of their hat.. and by that I mean some sort of proprietary compliance process/software that works with government regulatory agency OR a business consolidation that scales in some direction.

In it's current state it just clearly isn't attractive to potential investors... I mean they move cash around and make a few bucks profit doing that, but I doubt it will ever move the needle much IMO

Looks like Harold (RIP) was right all along. Poor guys was just trying to help us before he went to the other side and we didn’t listen.

I know...

That would make logical sense. Will wait on fillings… thanks

lol sounds like what I want to be doing

He doesn't want to be there...trust me. He's the acting CEO and CFO .... and would rather be fishing. It's like...."Here Dan...sign this" :)

No idea on the share structure...but apparently they issued shares when they filed the quarterly. It may be a new preferred class issue due to this:

On August 6, 2024 Hypur, Inc. demanded payment of all principal and interest due Hypur ($387,198.49 in total) by August 15, 2024.

eh?

He’s the one signing the filings tho nobody else which is why I’m blaming him.

Assuming you are referring to hypur ventures still pulling strings here…

If they do follow through and convert the preferred that seems significant and seems to like likely lead to some action or material event.

Any guesses what they might be positioning for?

Compliance seems to have always been the end game with setup/currently to working with govt offices.

The transportation has been steady but they haven’t really scaled and don’t seem interested since they dion’t raise capital …

Just trying to make sense of this cluster. lol.

It's not on him. He's doing them a favor....

They = SLEEPY DAN ALLEN!!

DAN ALLEN ITS TIME TO STEP DOWN. YOU ALREADY FCKED MOST ALL THE SHAREHOLDERS WITH YOUR INCOMPETENCE ON KEEPING THE STOCK PRICE UP! WE WANT YOU OUT BUT WE WANT OUR MONEY BACK DUE TO THE SHADY MESS CHRIS GALVIN WAS INVOLVED IN THAT WAS NOT DISCLOSED TO US!! WE’RE ALL COMING !!

The first adjustment that never happened:






OMOLIVES
Re: CrazyKar123 post# 620

Tuesday, October 09, 2018 8:29:50 PM
Post# of 20954
Just understand that this company has consolidated shares. It has not been cleared yet via FINRA...but they amended such in Nevada. New authorized are 70,000,000 via Nevada SOS.

With that said...this Company is backed by premier money dedicated to this space. I really mean that....and expect things will get very bigly'. :)

Just be careful.

They did that before...and then changed it again..so be careful with that. I'll attempt to go back and show it..

OMO what about the Nevada filings.

This:

First quarter



Second quarter including first quarter



They are sloppy ...and from this it looks like either a reclassification or error. Also, notice the currency processing from different quarterlies....did they somehow lose a rough $9k in revenue from the first quarter?

They can't seem to get it together on these simple filings...or they are not entering sufficient notes:

During the three months ended March 31, 2024 approximately 45% of our revenue was derived from transportation services. The remaining 55% of our revenue was derived from currency processing services (54%) and training and compliance services (1%).

*****During the six months ended June 30, 2024 approximately 57.5% of our revenue was derived from transportation services. The remaining 42.5% of our revenue was derived from currency processing services (41.4%) and compliance services (1.1%).

Maybe I'm not understanding the intent of your statement - possibly it's merely an interpretation (wording semantics) of the change WITHIN the filing.

Key Observations from your statement:

Transportation Revenue: No question there's a noticeable decline in transportation revenue from $924,518 in the first half of 2023 to $22,403 in the first half of 2024. This represents a significant drop, which does align with your observation that transportation revenue is "essentially nil."

Compliance Services Revenue: Conversely, revenue from compliance services has increased substantially from $19,741 in the first half of 2023 to $1,041,406 in the first half of 2024. That said, the 10-Q does show a significant increase in compliance revenue and a decrease in transportation revenue, but it doesn't explicitly state that revenue was reallocated or "shifted" from one category to another. The changes in revenue could result from shifts in business focus, client demand, or operational changes, but the filing itself does not indicate a technical reclassification of revenue.

The significant drop in transportation revenue in the 10-Q filing likely reflects a strategic pivot towards compliance and cash management services, which may have seen increased demand due to evolving regulatory environments or client needs. The company's focus on comprehensive compliance solutions could explain the reallocation of revenue from transportation to compliance services.

The question is, as others have mentioned, why the change?

The dramatic change in revenue between transportation and compliance services suggests that the company might be undergoing a strategic shift, potentially due to changing market conditions or a reorientation of business focus. Such a significant shift could imply that the company is positioning itself differently in the industry, which may lead to material changes in its operations, profitability, or market presence in the near future.

It is possible that a significant shift in revenue focus, like the one observed, could be indicative of a company preparing for a major change, such as a management or ownership transition, or even positioning itself for a sale. Companies often streamline operations, focus on more profitable segments, or adjust their business strategies ahead of such events to make the company more attractive to potential buyers or to align with new leadership's vision. However, without concrete information, this all remains speculative.

Yeah...all we can do is assume until filings come out..etc. But you can do a low ball value on the issue @ .0035 per. ..and that's USD1.6 Million. So that is the bare minimal value of issue. .

Shouldn’t there be a filing for all the adjusted preferred shares too?

Further...explain this :

We provide armed protection and transportation, currency processing, compliance and training services for businesses engaged in the legal cannabis industry. During the six months ended June 30, 2024 approximately 57.5% of our revenue was derived from transportation services. The remaining 42.5% of our revenue was derived from currency processing services (41.4%) and compliance services (1.1%).

?...so which is it? I expect an amendment.

Then why was it moved to compliance.... first quarter 2024:

https://www.otcmarkets.com/filing/html?id=17529036&guid=BfO-kqyAqwKfJth

If in error...then supply the amended filing. If not an error...then explain why.

The filing does show that transportation revenue for 2024 has decreased significantly compared to 2023, while compliance revenue has increased. However, the filing does not explicitly state that 2023 transportation revenue was reclassified into compliance revenue. The shift in revenue streams could reflect changes in the company's business operations rather than a reclassification.

There is no direct indication in the filing that the 2023 transportation revenue was reclassified as compliance revenue. The filing shows a significant shift in revenue streams between transportation and compliance for 2024 compared to 2023, but it does not state that revenue was retroactively reallocated.

Please provide specific evidence from the filing that supports your interpretation - point to particular notes or sections in the financial statements that indicate a reclassification of revenue. Without such evidence, the interpretation appears speculative based on the observed shifts in revenue streams for 2024, rather than a factual reallocation of 2023 revenue. Thanks in advance

Well....something is very off on the last 10q compared to previous. They have stripped almost all transportation revenue for 2023...and moved it to compliance. Not sure why...but as of now and via quarterly...the transportation revenue is essentially nil.

So...something is about to change. And always remember that BLPG, Inc. is active with 75 million in common(from memory). I guess I have to start watching this one again :)

Is it a good pay day or are we effed ?

Not enough shares unless going private..which means you get paid.

Thanks

Wtf