Welcome to our dedicated page for Blue Line Protn Group news (Ticker: BLPG), a resource for investors and traders seeking the latest updates and insights on Blue Line Protn Group stock.
Blue Line Protection Group Inc (BLPG) delivers specialized security solutions through armed protection, compliance services, and secure asset transportation. This news hub provides investors and stakeholders with timely updates on corporate developments, regulatory milestones, and operational advancements within this security industry leader.
Access official press releases covering earnings reports, leadership changes, service expansions, and compliance achievements. Our curated collection ensures transparent access to BLPG's strategic initiatives while maintaining strict adherence to financial disclosure standards.
Key focus areas include updates on protective service innovations, investigative service enhancements, and transportation security protocols. Bookmark this page for streamlined tracking of BLPG's market positioning and industry contributions through verified news sources.
Blue Line Protection Group (OTCQB: BLPG) has announced a significant financial milestone with the payoff of $535,000 in notes associated with Hypur Ventures L.P. This debt reduction strengthens the company's balance sheet and financial position. The company, which operates across Colorado, Arizona, New Mexico, and Nevada, reports continued profitability and strong third-quarter performance, positioning itself for a robust finish in 2024.
Blue Line Protection Group (OTCQB: BLPG) announced the appointment of Andrew Berman as a Director. Berman, a versatile executive with substantial cannabis industry experience, previously served as CEO of Harborside Inc., taking it public in 2019. He also has municipal experience as a former Mayor of Mill Valley, California. In his statement, Berman expressed enthusiasm about joining the board, highlighting Blue Line's expansion into four states and potential for growth by leveraging his cannabis background. CEO Dan Allen praised Berman's unique skill set, anticipating that his involvement will enhance the company's market presence and create new opportunities.
Blue Line Protection Group (OTCQB: BLPG) has announced its expansion into New Mexico, enhancing its operations in cash logistics and armed transportation. In Q3 2022, the company established banking relationships and secured multiple pickup sites in the state. CEO Dan Allen expressed enthusiasm for the new business opportunities this expansion presents. With this move, Blue Line now operates in Arizona, Colorado, New Mexico, and Nevada, integrating compliance functions with cash management services.
Blue Line Protection Group (OTCQB: BLPG) provided a corporate update following its annual shareholder meeting on April 22, 2022. The company reported significant progress in debt consolidation, having paid over $1 million toward debt servicing since 2020. Highlights include $522,334 in accrued interest forgiveness and the consolidation of ten promissory notes into two, reducing interest rates from 10% to 5%. A new payment schedule aims to lower principal amounts and interest rates further. CEO Evan DeVoe expressed optimism for future growth.
