THDR
6 years ago
Sent: Tue Apr 9 2019 8:50:29 AM EDT
BusinessWire, GlobeNewswire and PR Newswire News
Blackpoll Fleet International Inc BPOL:Grey Market
BEMG Announces Dan Oran as New Officer & Director to Enhance Shareholder Value
GlobeNewswire
8:49 AM ET
Beta Music Group Inc. (OTC PINK: BEMG), through its operating subsidiary Get Credit Healthy, Inc. ("GCH") (www.getcredithealthy.com), an industry leading fintech company with an award-winning technology platform which simultaneously maximizes business opportunities for national lending partners while providing consumers with needed resources to improve their financial well-being, announces that Elizabeth Karwowski will be stepping down as director and officer in favor of Dan Oran ("Oran").
Elizabeth Karwowski, former CEO of BEMG, stated, "With the consistent growth of Get Credit Healthy ("GCH") over the past couple of years and the expected explosive growth for 2019, I have decided to focus my attention on operations and growing Get Credit Healthy's client base so that we c an help more consumers. There is no one that I trust more than Dan Oran to lead BEMG, which made him the obvious choice as my successor. Dan is my original partner/investor and is brilliant in business transactions and capital formation, both domestically and internationally. The appointment of Dan will allow me to focus my energy on the day-to-day operations of Get Credit Healthy which should benefit the shareholders greatly."
Mr. Oran is currently the CEO of OTC public companies, Profile Solutions, Inc. (OTC "PSIQ") and BlackPoll Fleet International, Inc. (OTC "BPOL").
Mr. Oran assumed control of Profile S olutions, Inc., ("PSIQ") in December of 2017. At the time, PSIQ was a floundering OTC Issuer. Through the leadership, guidance and financing of Mr. Oran, PSIQ recently reported Revenues for the year ending December 31, 2018 of $876,448 compared to Revenues of $208,236 for the year ending December 31, 2017, representing an increase of over 400% and poised for rapid expansion in 2019. At the direction of Mr. Oran, PSIQ filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") to register securities under the Securities Act of 1933 as the next step to becoming an SEC reporting company and up listing to the Over the Counter Quotation Bureau ("OTCQB"). See https://www.otcmarkets.com/filing/html?id=13278606&guid=-4r3UqfiR7w9j8h. PSIQ has two operating subsidiaries. Elite Products International, Inc., (www.elitehempproducts.com), a leading distributor and manufacturer in the cannabinoid (CBD) industry with products containing cutting-edge CBD i ndustrial hemp extracts in the form of edibles, topicals and cosmetics and CannBerry Tek, Inc., (www.cannberrytek.com), a Hi-tech innovative Biotechnology Company which manages various Research & Development ("R&D") activities in Israel with the major focus on the Medical Cannabis industry.
Mr. Oran assumed control of BlackPoll Fleet International, Inc. ("BPOL") in June 2017. At the time, BPOL was a delinquent SEC filer dating back to its last financial filing for the quarter ending July 2015. Mr. Oran and his team have been successful in restructuring BPOL and completing Audits for the years ending October 31 , 2015, 2016, 2017 and 2018 and recently filed a Registration Statement on Form S-1 with the SEC to register securities under the Securities Act of 1933 as the next step to becomin g an SEC reporting company and up listing to the OTCQB. See https://www.otcmarkets.com/filing/html?id=13295806&guid=-4r3UqfiR7w9j8h. BPOL through its operating subsidiary Jet Aviation Corp. (www.jetaviationcorp.com) provides Aviation Parts, Equipment and Services to a growing global customer base of U.S. and foreign government agencies as well as multinational corporate enterprises.
ABOUT BEMG
BEMG, through its operating subsidiary Get Credit Healthy, Inc. ("GCH") (www.getcredithealthy.com), is an industry leading fin-tech company with an award-winning technology platform which simultaneously maximizes business opportunities for its national lending partners while providing consumers with needed resources to improve their financial well-being. Get Credit Healthy creates a metric driven solution to increase lead recovery for lenders and mortgage brokers. GCH has already facilitated over $200 million in new loan opportunity for lenders by helping consumers eliminate debt, build credit, and make sound financial decisions.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. Get Credit Healthy is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net; twitter at www.twitter.com/bemg12 and financial information can be found at www.otcmarkets.com/ stock/BEMG/profile.
Safe Harbor Statement
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
For information, please contact:
Beta Music Group, Inc.
Dan Oran
Chief Executive Officer
8411 West Oakland Park Blvd. Suite 201
Sunrise, FL 33351
E. info@betamusicgroup.net
T. (877) 850-3444 Ex 7
Source
Beta Music Group Inc.
https://ml.globenewswire.com/media/52d38c64-d93f-4545-8734-c7a3319ac760/small/bemg-logo-jpg.jpg
samsamsamiam
6 years ago
They weren't reporting anyway!!! LOL
What is the point of doing that?
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UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 83126 / April 27, 2018
The Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities of BlackPoll Fleet International, Inc. ("BlackPoll," ticker BPOL), of Sunrise, Florida at 9:30 a.m. EDT on April 30, 2018 and terminating at 11:59 p.m. EDT on May 11, 2018.
The Commission temporarily suspended trading in the securities of BlackPoll because of concerns of potentially manipulative trading in Blackpoll's common stock. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspension, no quotation may be entered relating to the securities of the subject company unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to BlackPoll's securities until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Division of Trading and Markets, Office of Interpretation and Guidance, of the Securities and Exchange Commission in Washington, DC at (202) 551-5777. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, they should immediately contact Amy L. Friedman, Assistant Director, Division of Enforcement at (202) 551-4520 or Cecilia B. Connor, Counsel, Division of Enforcement at (215) 597-2950.
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Speaking of manipulative trading - Dan Oran arrived at PSIQ.
wonder what his plan is there? the same?
Of interest - he seems like a perfect Pinky CEO if you look at the sites he registered:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143644044
IRVINESULLY
10 years ago
Here is part of the "report" - as you can see, they will be lucky to hit $3.00 - and that is without dilution????
BSTA is targeting a range of markets in which it must compete with established players, but
which also present significant opportunity given their size and scope.
BSTA has stated that it expects revenues to reach $19 million in 2015 and $30 million in 2016
. AIR generated $505 million in fiscal Q4 revenue, with net
income of $17.2 million, representing a net margin of 3.4%. If BSTA is able to hit this target for 2015 and reach the
level of profitability achieved by AIR, BSTA could potentially generate $646,000 in net income, or $0.17 / share
based on the most recent fully diluted share count of 3.84 million.Utilizing the 17x multiple of the
PowerShares Aerospace & Defense Portfolio(PPA), this implies a price approaching $3 for BSTA. However, given the general
recent trading range of the stock, the market seems to be looking beyond 2015, and if the Company is able to hit the 2016 target of $30 million, net income could reach $1.02 million, or $0.27 per share based on the most recent share count, implying a potential price of $4.50.Of course, it may be possible to justify much higher prices if BSTA is able to deliver higher profit margins.
For example, if BSTA is able to reach a net profit margin of 9%,
approximating the recent S&P 5000 performance, it may have the potential to justify a price of $7.50 based on the current diluted share count and hitting the 2015 revenue target. It must be noted that there are significant competitive, financial and operational challenges to reaching these targets, and any equity capital raised would have the potential to dilute these earnings unless the capital enable BSTA ....