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

And he's gone....

You are going to get put in jail or get booted from this site. Before that happens , I'll explain this to you. There is something called a quorum. It applies in Nevada:

NRS 78.320 Stockholders’ meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting.

1. Unless this chapter, the articles of incorporation or the bylaws provide for different proportions:

(a) A majority of the voting power, which includes the voting power that is present in person or by proxy, regardless of whether the proxy has authority to vote on any matter, constitutes a quorum for the transaction of business; and

(b) Action by the stockholders on a matter other than the election of directors is approved if the number of votes cast in favor of the action exceeds the number of votes cast in opposition to the action.

2. Unless otherwise provided in the articles of incorporation or the bylaws, any action required or permitted to be taken at a meeting of the stockholders may be taken without a meeting if, before or after the action, a written consent thereto is signed by stockholders holding at least a majority of the voting power, except that if a different proportion of voting power is required for such an action at a meeting, then that proportion of written consents is required.

3. In no instance where action is authorized by written consent need a meeting of stockholders be called or notice given.

4. Unless otherwise restricted by the articles of incorporation or bylaws, stockholders and certain other persons permitted by the corporation to attend a meeting of stockholders may participate in the meeting through remote communication, including, without limitation, electronic communications, videoconferencing, teleconferencing or other available technology, if the corporation has implemented reasonable measures to:

(a) Verify the identity of each person participating through such means as a stockholder or permitted person; and

(b) Provide the stockholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the stockholders, including an opportunity to communicate, and to read or hear the proceedings of the meetings in a substantially concurrent manner with such proceedings.

5. Unless otherwise restricted by the articles of incorporation or bylaws, a meeting of stockholders may be held solely by remote communication pursuant to subsection 4 and, if a meeting is so held, no other means of communication is required in the conduct of the meeting unless otherwise prescribed by the board of directors.

6. Participation in a meeting pursuant to subsection 4 constitutes presence in person at the meeting.

7. Unless this chapter, the articles of incorporation or the bylaws provide for different proportions, if voting by a class or series of stockholders is permitted or required:

(a) A majority of the voting power of the class or series that is present in person or by proxy, regardless of whether the proxy has authority to vote on any matter, constitutes a quorum for the transaction of business; and

(b) An act by the stockholders of each class or series is approved if a majority of the voting power of a quorum of the class or series votes for the action.

8. Unless otherwise provided in the articles of incorporation or the bylaws, once a share is represented in person or by proxy for any purpose at a meeting, the share shall be deemed present for purposes of determining a quorum for the remainder of the meeting and for any adjournment of the meeting unless a new record date is or must be fixed for the adjourned meeting.

https://www.leg.state.nv.us/nrs/nrs-078.html#NRS078Sec320

It's the same cat...now in it's third character.

The preferred/options/incentives are not adjusted by the RS, as they're not included in the overall OS - this is why you see the recent mention of the diluted shares in the 10-Q.

The annual meeting is a tricky one, and as you referenced in the bylaw, this coincides with the Articles of Incorporation in the State of Nevada - not sure what the leverage shareholders have to force an Annual Meeting. (I will investigate further)

Regarding Berman, this could be a grey area, as a successor hasn't been identified, nor has Berman been removed. The issue is the original Articles of Incorporation which states: "The members of the governing board of this Corporation shall be styled directors and the number thereof at the inception, of this Corporation, shall be one (1). The number of directors may from time to time be increased or decreased in such manner as shall be provided for by the bylaws of the Corporation."

Once again, one has to consider the original State of Nevada Articles of Incorporation, which does take precedence - that said, more investigation needs to be done regarding Nevada State Law & SEC Regulations.

Thanks for the heads up!

lol atom don’t get sucked into the conspiracies

There were few others under a different name. ..and that individual got the boot. It is the same cat.

Same "mo" ... https://investorshub.advfn.com/boards/profilea.aspx?user=848946 ..read the posts

HAHAHAHA

“HAROLDLIVES”

That is quite odd... one post and then suspended. Wonder why they chose this board... could it be an insider or someone connected to this company... just bizarre or maybe this happens more than I would think??

Don't waste your time. That individual is fraudulent and also incorrect.

This won’t go anywhere staying in the OTC. They need to uplist to another venue / platform etc.

Based on the Articles of Incorporation, it appears that BLPG has the authority to call the Shareholder Meetings from time to time - I will look into this more thoroughly, as it relates to the State of Nevada incorporation laws.

Why are two, SEVENTY-TWO YEAR OLD GEEZERS running this ship? No wonder there is no emphasis on marketing the company or finding ways to boost the stock price. Both these clowns are asleep at the wheel if you ask me! IMO

Big things in the works I've got a ton of it

TY. I’ll take a look when I get a chance

BMXI Gold Miners

I’ll start looking for one with billions of shares available and dozens of PRs per year and no revenue instead. They all have problems down here but we are growing and making money. Show me another. $BLPG$

Guys are you not concerned that we had no annual shareholder meeting since 4/2022, despite its mandatory per bylaw. Guys the BOD needs to be elected annually by the annual shareholder meeting (per bylaw). The are not legally in charge right now or did you vote for Berman? This is not how a public company should act!

Diluted weighted-average of common stock is the fully diluted shares of the total number of common shares - in other words: ALL shares available to trade on the open market after all possible sources of conversion, such as convertible bonds and employee stock options are exercised.

This does not mean that any of the 14,902,636 convertible instruments have been exercised, but these have been added to the 10-Q, as these shares will affect the overall EPS going forward. Clearly these were added for a reason, which will legally have to be disclosed if they are exercised - in addition, if or when an insider should exercise any of their options (buys/sells) these MUST be disclosed in the filing of a Form 4, within (2) days after the transaction.

Based on the above, it is possible that something is in the works, and I go back to why Andrew Berman was appointed as a Director and issued options in May, 2023 - is it possible that with all of his past experience in the Cannabis Industry something will finally come to pass?

I am a bit encouraged by the inclusion of these (2) critical Growth Strategy objectives:

Market ourselves through strategic alliances and affiliations.

Acquire or joint venture with guard and alarm businesses throughout the USA if they represent good value and a good fit with our expansion plans. Organic growth will not suffice for the rapid growth of this industry and our ability to provide service immediately requires variations of this strategy.

If only Allen would consider a general overall Marketing strategy, which not only would elevate the visibility of the entire company, but would also increase shareholder value, which in turn would benefit ALL BLPG employees.

Once again the 10-Q looks pretty good, with Gross Profit increasing to $756,406, and their Cash increasing to $796,264 - of course this increased their Cost of Doing Business, which is in line with the increased revenue.

Let's see if our wait here will finally payoff - we will all know together. GLTA!

Additional shares or not, there’s no way they will sell anywhere close to these levels. All the years I’ve been here right alongside you they have not sold any shares that I’m aware of, yet we have grown a great deal. All organic, so something is up I believe. I think they are setting up for a big move of some sort. $BLPG$

Thats the way I take that also. This could be good news. We need money to grow and we are growing, maybe much faster growth is coming. $BLPG$

They planning on adding shares unless I’m reading this wrong

Denominator:
Weighted-average shares of common stock 8,250,144
Dilutive effect of convertible instruments 14,902,636 -
Diluted weighted-average of common stock 23,152,780

But seriously now, Will BLPG reach $1 again?

Will BLPG see $10 in 2024?

http://archive.fast-edgar.com/20240510/AW2E722CZC2RQJVZ2K2A2ZY2NCQ3ZZ22Z262

Anyone?

The Q

If you consider the current MC: $1.081M, this alone should attract investors here...NO dilution is also a HUGE plus!

With an OS at 8,250,144, this too should be a magnet...how much would it take to get back to the $1.00 level. IMO, with sustained volume (in the 50,000 - 100,000 range) the price would be back at the $1.00 level rather quickly...from there the interest and volume I believe would increase!

With all the excitement, BLPG is still extremely undervalued: based on the recent 10-K, revenue per share is .53, and looking forward trading at a (2) multiple of revenue at approximately $1.00 is still conservative...how many OTC securities out there actually generate REAL REVENUE????

If you look at the posts, same people, which equates to low volume...although there was a couple of days of increased volume, we see the volume dramatically drop off again. Allen MUST consider a reasonable legal marketing strategy to generate not only interest, but more importantly to let the public know that BLPG is actually a legitimate OTC company that generates revenue...this too would greatly benefit those working at BLPG!

If the word doesn't get out, I'm afraid the price will continue to fall once again!

If he has left us, RIP Harold. I will miss him. Very sad. I’ll discuss $BLPG with him when I talk to him again. G-dspeed Harold !

He took his secrets with him I guess. No one will ever know

His REAL motivation(s) he never revealed.

I'll leave it at that.

lol he’s looking down at us (or up eek) laughing either way. Telling us he was the only one right here all along

More likely that wild run up and the crash back down would be more to his liking.

Damn RIP Harold. Hopefully he made it to heaven and can bring BLPG up to God for a miracle to us that were able to deal with Harold’s shit.

I never could figure "Help Me" out

Per IHub, yes.

Someone close to him had to report it to them for the little black symbol to show up under "About" on his profile.

He died ?

If it’s true, RIP.

Oh, apparently not. Just found this.

https://investorshub.advfn.com/boards/profilea.aspx?user=114260

Cierra tu puta boca, maricón y sas te sentiras mejor

Me parece que el que está estresado y molesto por los años que tiene esperando a ser millonario eres tú. Yo ya di por perdido ese dinero y lo que he hecho es esperar. No soy experto en esto ni mucho menos y por eso pregunto. Pero tú no haces sino denigrar de todos lo que dan una opinión. Me parece que el maricon eres tú. Y no te molestes en contestar pues no voy a caer en tus estúpidas provocaciones.

Paid crybaby* not paid basher.

I’m not angry just tired of seeing you in here whining like a crybaby maricon!! You could have sold at $0.30 yesterday how bad is your average $4 or something unless you’re just a paid basher or someshiat cause man you cry maricon!!!!

Are you angry? Email him yourself.

EMAIL DAN THEN!!!

I’m not crying Bio. Nobody knows what’s happening here. Pure speculation and theories.

Dude get the F out of here. When the party was going you were nowhere to be found now you’re here crying you should have sold!!!!

Apparently the party is over.