Aug. 9 at 9:53 AM
$BLPG – Who is still in?
I’m trying again to get 10% of shareholders together for a special shareholder meeting.
With the new Form 15 filing, they are going dark – no more SEC financial reporting. This means zero transparency while the company is at a 5-year low, and management ignores even basic steps like updating OTC Markets information.
According to the bylaws, 10% of shareholders of record can call a special meeting.
At that meeting, we could vote in a new Board of Directors – and with a new Board, we could remove Dan as CEO.
I’d support replacing him with Preston Decker or the Controller (at least interim), or maybe Evan Devoe if he’s willing. Right now everything seems to revolve around repaying the loan to Doyle Knudson, with the rest of the business being neglected. This is unacceptable for a compliance company.
We have nothing to lose – and maybe, just maybe, we can hold Dan accountable, even in court if necessary.
I’m happy to organize everything. Let’s do this!