This case study was written independent of any influence or knowledge by BLGV. I think that needs to be stated as plainly as possible because of the fact this company appears to be so outside of the usual paramaters for a case study and it is for that precise reason that makes BLGV the ideal case study.
Remember, this is a vibrant eco-system undergoing constant shocks and turmoil and as M&A heats up amongst the more established companies, the greatest opportunities just may be found in the next generation of companies emerging with low market caps and revenues. BLGV has a relatively low market cap and appears to have a somewhat reliable revenue stream and those two combinations could translate into this being a value find. Only time will tell.
If interested in BLGV, their site does have a section to subscribe to news and other information as well as direct contact information.
Due to the speculative nature of investing in this company, it needs to be stated that this case study, along with all content, are for educational and discussion purposes only. The content are opinions only and are not intended as investment advice or any buy/sell recommendation. Always seek out a professional Financial or Investment Advisor for advice and information as warranted.
SUBSEQUENT EVENTS TO DATE OF CASE STUDY COMPOSITION:
- a third party unrelated site listed a group of companies they short listed in the cryptocurrency space and with potential. BLVG is one of them.
- December 1st trading volme reached 28,350,000 with the share pricing kissing $0.105 before shying back to close at $0.09. That is almost a 100% gain in the few days since I wrote this case study and over 1000% in less than a month (traded as low as $0.01 on the TSX before moving to the CSE).
- December 1st article titled “Cannabis and Blockchain – A Perfect Match”
- IBM says that government should use blockchain to track marijuana.
- Corporate Update.
@Louis. Kyron
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