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BLUE LINE PROTECTION GRP - BLPG STOCK NEWS

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Blue Line Protection Group provides armed protection, professional compliance, and investigative services, as well as secure transportation services. They cater to individuals, businesses, and government entities seeking to safeguard their licenses, investments, employees, clients, and assets. The company's security operators, investigations personnel, and consulting staff are seasoned professionals with extensive backgrounds in law enforcement and the US armed forces.

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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.

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Blue Line Protection Group Inc. (BLPG) reports significant financial growth in 2023, with a 13% revenue increase, $762,713 operating income, and $1.4 billion in cash pickups. The company saw over 1000% growth in revenue in New Mexico and maintains a strong presence in Arizona. Colorado and Nevada markets remain stable with consistent growth.
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BLPG Announces Revenue Growth, Debt Reduction, and Market Expansion in New Mexico
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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.

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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.

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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.

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FAQ

What is the current stock price of BLUE LINE PROTECTION GRP (BLPG)?

The current stock price of BLUE LINE PROTECTION GRP (BLPG) is $0.0669 as of December 23, 2024.

What is the market cap of BLUE LINE PROTECTION GRP (BLPG)?

The market cap of BLUE LINE PROTECTION GRP (BLPG) is approximately 459.5K.

What services does Blue Line Protection Group offer?

Blue Line provides armed protection, compliance, investigative services, and secure transportation solutions to various clients.

Who does Blue Line Protection Group cater to?

The company serves individuals, businesses, and government entities looking to protect their licenses, investments, employees, clients, and assets.

What are the qualifications of Blue Line's staff?

Blue Line's security operators, investigations personnel, and consulting staff are experienced professionals with backgrounds in law enforcement and the US armed forces.

What affiliations does Blue Line Protection Group have?

Blue Line is a member of ASIS International, Society of Corporate Compliance and Ethics, International Association of Chiefs of Police, Professional Private Investigators Association of Colorado, and Society for Human Resources Management.

How can I learn more about Blue Line Protection Group?

For more information, visit the official website at www.bluelineprotectiongroup.com or contact the company directly at (800) 844-5576.

What sets Blue Line Protection Group apart from others in the industry?

Blue Line stands out for its comprehensive range of services, trained professionals with law enforcement and military backgrounds, and dedication to client safety and security.

Is Blue Line Protection Group compliant with industry regulations?

Yes, Blue Line adheres to professional compliance standards and regulatory requirements to ensure legality and ethical practices in their operations.

What is the mission of Blue Line Protection Group?

Blue Line's mission is to provide top-notch armed protection, compliance, investigative services, and secure transportation solutions to clients in need of safeguarding their assets and operations.

How can businesses benefit from partnering with Blue Line Protection Group?

Businesses can benefit from enhanced security, compliance assurance, and professional protection services by partnering with Blue Line to safeguard their assets, employees, and operations.

What regions does Blue Line Protection Group operate in?

Blue Line operates nationally, serving clients across the United States with a focus on delivering reliable security and compliance solutions tailored to their specific needs.

BLUE LINE PROTECTION GRP

OTC:BLPG

BLPG Rankings

BLPG Stock Data

459.53k
8.17M
0.96%
Security & Protection Services
Industrials
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United States of America
Denver