I like your anaylsis MSN. CT - yes, it is a penny stock but BPG is different. I invested on a lie. They showed $21m as a current asset. This turned out to be Soarcoins. That level of coin IS NOT A CURRENT ASSET. The Balance sheet looked solid and yes, a local based crypto exchange appealed so I invested like a number of others. Also, the shifty deals with Soarlabs and then Noetic and then the very biased (towards Phua) settlement from Soarlabs all STINK
I have invested into penny stocks - some good, some bad but at least with the others, I invested into a Balance Sheet that was real.
I also seem to remember being knocked about as negative for months by ...... like Gekko. Well its all real unfortunately. BPG will be extremely lucky to survive now let alone re-list - which, IMO will never happen. The only short term survival will be if Phua puts some money in as I don't believe the majority of the debtors will pay up. That is, another lie.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held
