Blue Line Protection Group Inc (PK) (BLPG) 銘柄情報

Some acronyms for BLPG:
-Bankrupt-Looking Penny Gamble
-Blowing Life’s Portfolio Gains
- Better Leave, Price Gone
- Broken Long-Term Portfolio Gamble
- Buy, Lose, Panic, Grieve
- Bring Liquor, Profit’s Gone
Who has more

You have very good ears!

Dan is a dilution machine from what I've heard 

They had 850k cash in their last 10q. I think that should be enough to pay the 535k convertibles. This means the have still more than 300k left. Hope they won’t dilute, this would be a shame with the current share price.

It will dawn and we will see. 

Merry Christmas right back atcha ! Hey we are still in business so who knows ? And how were they able to pay Hypur off ? And more importantly, why ? If we have no future??

Hi friends. I'm still here. Merry Christmas to all. 

Yeah humor is the most important attitude here, unfortunately. Damn this thing is cooked, burnt, and scraped off the pan. At the end of the day, Harold (RIP) and Sport were right all along. Shame on me for thinking otherwise. Lesson learned. Looks like you and I are the last ones standing here, and I can’t wait to see which one of us gets to turn off the lights at the end. Such a shame how it all turned out—especially when you look back at the old posts. Cheers to us fools.

Thanks, sir. I was "lucky" enough enough to catch .085 when I dumped. Didn't do much to minimize the loss though.

Best of luck to you on this and all your other investments.

Always enjoyed your humor pos_stock_hoarder , it’s just too damn bad BLPG became the butt of the joke. We’ve all felt the pain. Good luck with all your endeavors. I may take another bite and average down if it goes much lower but probably a pipe dream for a gain unless there’s a drastic change in strategy coming.

Until we meet again 🤞🏽

Bless you my friend!

Your words ring true.

The real missed opportunity here was failing to pivot to compliance and software solutions, especially when Hypur literally handed them a roadmap.

This was what drew me here in the first place. You never know sometimes. Take care!

Well, what a shame it’s come to this.

I get it. Really, I do. But let’s be honest—this market has completely lost faith in BLPG. Maybe there’s something going on behind the scenes that we’re not privy to, but from the outside, it’s not looking good.

Driving cash back and forth? That’s not a business model—it’s a dated side hustle. The real missed opportunity here was failing to pivot to compliance and software solutions, especially when Hypur literally handed them a roadmap. Instead of innovation, they doubled down on armored trucks. What is this, 1998?

And then there’s Colorado. Oh boy. BLPG’s reputation there is… less than stellar, to put it kindly. Maybe it’s time they considered leaving the state entirely. Why stick around in a market that doesn’t respect you?

Now, here we are, watching the company shuffle towards its final phase with Oldie Dan at the helm. And the long-term loyal shareholders? Kicked to the curb, disillusioned, and selling out. Can you blame them? This is what happens when management acts like shareholders don’t matter. No shareholder meetings, no calls, zero communication. It’s like the company decided it could just ignore investors entirely—and guess what? Investors are now voting with their feet.

Let’s be real: the current business model is doomed, with or without outside capital. The writing’s been on the wall for a while now, but arrogance and complacency have only hastened the inevitable.

Pleasure chatting with you and the other fine posters here. Maybe we'll cross paths again.

Yes, I'm done. Sold out today.

Best wishes to you all.

Hello again,

had some time over the weekend to mull over BLPG and why they’re not exactly setting the world on fire. After thinking it through, I believe the main issue is that many potential investors likely see BLPG’s business model as a ticking time bomb. Let’s be honest: if the SAFE Banking Act passes and cannabis gets rescheduled, their core operations might not exist in two or three years. BLPG really needs to address this head-on.

They’re hiring, sure—but only in the armed driver category, the one area that’s probably going to vanish first in a post-rescheduling world. Why double down on a sinking ship? It’s like they’re rearranging deck chairs on the Titanic while ignoring the lifeboats altogether.

Then there’s the financials. Shrinking revenues and rising costs—not exactly the stuff of strong performance. Yet somehow, Dan still labeled it as a “strong third-quarter performance.” Really, Dan? “Strong” is doing some heavy lifting there. And while we’re on the topic, how could he not highlight in the PR that all the convertible notes from Hypur Ventures were finally paid off? That’s actually newsworthy, but instead, we get fluff. A missed opportunity.

Revenue growth continues to be the elephant in the room, and BLPG’s complete lack of marketing isn’t helping. It’s like they’re hoping customers will just stumble across their services by accident. Meanwhile, the cannabis market itself is, frankly, in a terrible state. Even with federal reform, I’m struggling to see any real upside for this industry. It’s a far cry from the glory days when cannabis was “sexy.” Unlike tech, there’s nothing inherently exciting about this market anymore. If people want to smoke weed, they’ll just grow a few plants in their backyard. Where’s the business case for producers, growers, compliance officers, or, for that matter, BLPG? The stock performance of MJ companies tells the whole story. Investors are not buying the dream anymore—literally.

I made the mistake of going down memory lane and revisited some StockTwits posts from 2021. Oh, those were the days! Pumpers like Delarc, Canadian Jennifer, and all the glorious cross-references to OTC trash like AABB, PHIL, HMBL, or OZSC. It was entertaining, like a time capsule of misplaced optimism and false hope. BLPG had the momentum, the chatter, and, dare I say, a spark of potential. Fast forward to now, and we’re stuck at 5 cents, just like back in 2019. Déjà vu, anyone?

At this point, BLPG might need a complete rebrand to shed its “questionable” OTC image. Maybe add an uplisting to QB or QX while jumping into the OTC Cannabis Basket index to rekindle some interest. That might help, but right now, it feels like we’re all sitting around waiting for Dan to retire, crossing our fingers that his successor doesn’t somehow manage to be worse. Not exactly inspiring stuff.

No wonder we’re stuck in this endless purgatory. The market doesn’t believe in BLPG, and frankly, it’s hard to argue with the sentiment.

Thoughts? Or are we all just here for the 5-cent nostalgia trip?

Alone it may not. Why is so much more money being spent ?

All sound good...how does this increase shareholder value????

The reduction of liabilities is always a positive step since it eases the burden of interest expenses on the company’s results, especially when it comes to toxic financing like the Hypur convertibles. However, what good is reducing debt if there’s no clear business case in sight? Current and prospective investors are left completely in the dark, uncertain about the company’s direction. What are BLPG’s plans? Where is this company headed if the SAFER Banking Act is implemented? And what happens if it isn’t? What’s the plan for the CEO succession? These are critical questions that need to be addressed, or it’s game over.

Too much trust has already been lost, as rightly pointed out by Bio. Even long-term investors like Bio and Allenc are selling now. I recently received feedback from a company representative, or more specifically their lawyer, stating that the fiduciary duty of management “does not include maintaining or enhancing shareholder value and ensuring transparent and consistent communication with the public and shareholders.” While this may be legally correct under Nevada law (specifically referencing 78.138), it completely undermines the trust of loyal, long-term shareholders like us.

Looking at the current financials (negative equity), BLPG won’t be able to secure loans from banks to fund its operations. At the same time, the stock price has been so severely damaged that raising capital through the equity markets is also extremely limited. At present, the company has about 6 million shares available for issuance at $0.05 per share—this amounts to a mere $300,000. I don’t see how this prepares BLPG for the future.

Moreover, BLPG desperately needs to improve communication—not just with shareholders, but also with customers—through multiple channels such as marketing, social media, and investor relations. Transparent, proactive, and consistent communication can rebuild trust and re-engage long-term stakeholders. Without this, the company risks alienating its most loyal supporters and losing credibility in the broader market.

BLPG and Dan need to wake up now, or the 50 employees might as well start polishing their résumés. The only way forward is through clear strategy, decisive leadership, and effective, transparent communication across all fronts.

Sorry i said debt, should have said liabilities. before i get called out lol

This still stands true tho lol

They're still in business bud 

Just a hunch, don’t pretend to know internal workings but I would be pretty happy paying down 17% of liabilities on a company myself. In fact ridding $535,000 of debt would be cause for celebration I would think. I guess we will see if more to come. GL.

No sir. Was not me. I will let everyone know if I buy more.

Then don’t . Simple. See I fixed it for you. Everyone knows the risks down here. We’ve all suffered on this ticker, I just liked the news. I may buy more if it drops more. Hard to say.

🤣🤣🤣haven’t been here in years. Few of the faithful bailed out. Dbag/moneybags still pushing a bs agenda. No one is interested in buying this pos company.

You are right! There is no mention of their future strategy! Why it is Important to repay debt in relation to the strategy? If this „ We remain dedicated to delivering exceptional service to our clients across Colorado, Arizona, New Mexico, and Nevada. With continued profitability and a strong third-quarter performance, Blue Line is on track for a robust finish in 2024.“ is their future Strategie than BLPG is lost! Btw did Dan signed the same 10q which i saw? We had a revenue decline and where only profitable bc of some accounting tricks (gains on derivative liabilities).

At least they put something out. You are obviously correct.

Weak PR. The damage to the SP is already done. 

What exactly do you believe is brewing? TIA

I got this from my Fidelity Alerts. Finally a good PR!

Blue Line Protection Group Strengthens Financial Position with Significant Liability Reduction
BY GlobeNewswire
— 10:30 AM ET 11/26/2024
Denver, CO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Blue Line Protection Group Inc. (BLPG) is proud to announce a major milestone in improving our financial position with the payoff of $535,000 in notes associated with Hypur Ventures L.P. This achievement reflects our ongoing commitment to strengthening our balance sheet and highlights the company’s positive trajectory.

We remain dedicated to delivering exceptional service to our clients across Colorado, Arizona, New Mexico, and Nevada. With continued profitability and a strong third-quarter performance, Blue Line is on track for a robust finish in 2024.

For questions or more information contact:
Dan Allen
Blue Line Protection Group, Inc. (BLPG)
844-5576

Image: https://www.globenewswire.com/newsroom/ti?nf=OTI5MDMyNCM2NjExODgyIzUwMDA2NTA0NA==
Image: https://ml.globenewswire.com/media/NWZlY2Q3ZmUtNDJjOC00ZWFkLWFmOGYtZWNmNjgxMzgyMzk5LTUwMDA2NTA0NA==/tiny/Blue-Line-Protection-Group-Inc.png
Image: Primary Logo

Source: Blue Line Protection Group, Inc. (BLPG)

Did you bought the 30k shares, if so you are a proudly 5% holder

Something is brewing. People are inclined not to sell businesses that make money. Businesses that make money are able to pay off debts. 17 % speaks for itself. A shift in expenses speaks for itself also. I won’t mind seeing this drop further.

Yes, I saw the 8-K as well, but only today since it didn’t show up in the news ticker. I did take note of it positively, hypur is history now, but I’m still very suspicious about the revenue decline and the massive increase in general expenses. If I were to add more here, it would be next year at the earliest. There’s no rush for now, as the next crucial information for me will come with the 10-K in April. Until then, more investors will likely get worn out.

I didn't sell everything I held on to a small amount. I just saw the 8k tho that HYPUR has been fully paid. After the 30 days expire of my selling I may just take another big bite out of this. I'll have to really watch this closer now. 

Monday Monday
Can't stop the drop
BLPG
Bring me a mop!

Kaboooo, damn Bio hope you are finished yet. It really hurts *lol*. Wow you were a really big fish. respect.

.6675. Let's just call it 666! Another stellar performance this week.

Bio are you done with selling? Asking for a friend?

Good to know you’re still here. With 8,250,000 shares outstanding, the 5% filing threshold would be at around 412,500 shares—so you’re getting close. If it drops near a penny, adding more could definitely be a good move—I agree we’re heavily undervalued.

That said, it doesn’t really matter if we think it’s undervalued; the market has to decide, and right now, BLPG is about as unappealing as it gets. Part of that is the MJ sector, but a big chunk is thanks to the dusty old corporate leadership with Dan and Doyle at the helm. Honestly, I’ll only get my hopes up when they’re gone, and the replacement isn’t some scam artist typical of the OTC world. Ideally, it’d be Decker or the Controller stepping in.

As for Dan, I’m betting he’ll bow out when his options expire in September 2027—that’d put him at 75 years old. Until then, nothing’s lighting a fire under this company, so you’ll probably get your shot to buy at 1 cent. Especially since we won’t hear a peep from them until mid-April when the annual report drops—and let’s be real, the last numbers weren’t exactly inspiring.

Yep I’m still here with you guys. I have over 400k and I’m not sure how many before I need to file ? Any idea our max before filing ? Anyway if it gets down near a penny I may load the lifeboat . I still strongly believe we are grossly undervalued.

Sorry to see you go Biotechotcguy. A sad time after many years. I wish you luck on your other endeavors ! Stop by when you are able and hopefully with good stories about where you invested. I hope you make a killing !

Looks like you, MoneyBag, and I are the lost souls on this wreck since we didn’t get any of the leaked lifeboats. Makes me wonder who’s holding all the shares, because the 10-K shows no holders above 5%. But for retail investors, it’s so quiet on social media and forums like this. Hmm.

Dan didn't bother to put any on the boat. Except for himself.

Where? I can’t see one! No lifeboats here.

Damn three years and now it’s a shame to see you go – you were definitely one of the OGs here, and it’s crazy to see how few of us from the early days in 2021 are still around. That said, I wish you all the best on your new path and hope the light at the end of the tunnel isn’t a train! Stay positive, and remember: sometimes you have to let go of one stock to make room for something better (and there is a lot better than BLPG).

But don’t forget to check in here from time to time – and if you ever feel nostalgic, drop us a message to remind us to email Dan. Good luck! A

To the lifeboats! The SS Titanic can't take much more Capn!!!

Sorry fellas the time has come for me to start saying goodbye to this ill run POS. Going to start dumping my shares slowly .... I've found light at another tunnel. 

Next one is dumping! Is it one of us here?

At this point, let’s just hope the employees are already polishing their LinkedIn profiles, because if Dan keeps holding the reins, it’s only a matter of time before this whole thing collapses... Dan is the Freddy Kruger for shareholder, he is just a total failure as CEO