I am not 'seriously concerned'. Why did you invest in BPG? What was your investing strategy regarding this stock? Did you jump on board hoping to make a quick buck because of the hype around crypto currency? I suspect many disgruntled "investors" saw BPG as a golden goose because of the rise in social awareness around Crypto Currencies during the latter half of last year.
I am not defending BPG management in any way. And as some of you are aware, I, and a number of other investors have actually communicated our concerns and those of the share holders to the company secretary and all the way up to senior management.
Based on communications and company notices, the exchange is in final testing. It is now up to the company to finalise the ASIC and ASX requirements and move this project forward and have the stock re-listed on the ASX.
Crypto Currencies are here to stay and no matter which way the markets go, the exchange will make money.
With BPG being the only ASX listed company with 100% ownership of a Crypto Exchange, I feel that there will be interest in the stock - so this will present an opportunity for those needing / wanting to sell.
BPG Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
