BABL !! 28 MILLION FLOAT!! Historically 5 mos
Post# of 98045
Posted On: 07/14/2014 8:08:23 AM
BABL !! 28 MILLION FLOAT!!
Historically 5 mos ago $BABL was @ .02. Since then, the company has risen to .25, and fallen back to its current level .0215, mainly because they have not released any PRs.
HOWEVER, Today’s NEWS is HUGE!!
Buildablock Corp. to Deploy Patent-Pending "Identification and Purchasing System"
Jul 09, 2014
OTC Disclosure & News Service
http://www.otcmarkets.com/stock/BABL/news/Bui...-?id=84147
The 10Q was just released and shows the company has reduced its operating expense by a factor of 39, for the 1st 3mos of 2014 (as compared to the 1st qtr of 2013). As well, they were recently UPGRADED TO PINK LIMITED by the OTC.
BABL is a development stage company, that is running patented technology. The core of the company is its online auction site, which is comparable to Ebay. In addition, they have built in GROUPON technology, which allows for a group buying / pricing, etc.. And, other perks are included in the site, related to social connectivity.
For the 1st time buyer, the company is a little perplexing. They are not a big board stock, but, they don't really belong on the OTC. They are REALLY in their corporate infancy, as they are in the final stages of developing the site's technology. They are currently fee-based, but, their customer base is minimal. So, their revenues haven't started flowing, just yet.
As an online auction site, the company has access to a $100B+ marketspace. Early EBAY really resembles the company, as they were when they first started. And, EBAY currently has $16B of the $100B marketspace. There really is 'NO' difference between BABL & EBAY, except that BABL also has 'Group' buying / pricing. It is like EBAY & GROUPON rolled into one.
As well, they have added Marijuana to their 'platform'; something, EBAY & AMAZON will likely 'NEVER' do. To capitalize on the new MJ recreational marketspace, BABL is currently developing a Mobile Marijuana Application, to lead recreational MJ users thru the purchase process. When completed, the application will process recreational MJ purchases, start to finish. This is a brand new Multi-Billion dollar marketspace. And, the Mobile Marijuana Application has the potential to generate millions of dollars in processing fees, for BABL.
Buyout possible with Patent News? Currently, Amazon has integrated into the BABL site. Prior to Amazon's involvement with BABL, the company offered $6B to GROUPON, to purchase their company. It has already been established that Amazon is seeking to purchase a company the can do Group buying / pricing, etc. And, BABL fits the bill. But, BABL is much more than a GROUPON, and, AMAZON would also have access to the patented online auction software, the Marijuana platform, and, the Mobile Marijuana Application. No buyout has been offered, as of yet, but, to quote an old saying - 'It is ONLY a Matter of Time'. And, AMAZON isn't the ONLY company on the hunt for this technology - there is also Facebook, Yahoo, and Google (to name a few). And, if the BIG tabacco companies enter the MJ marketspace, they will also be looking for a fully functional set of applications, like BABL has to offer!
Currently, the stock has retraced over 90% to it's current price (.03). And, existing shareholders anticipate that the price will correct itself, over the coming weeks, to return to a price level between .10 and .20. Shares of BABL have GOOD value, in that the o/s is low ; 28 Million float is Tiny, quick to run up back to .25+ Company executive shareholders have not sold their shares (purchased at .25-.50), indicating that THEY believe the company will 'GAIN' MUCH more value. And, the company does not show a pattern of dilution.
Shareholders, having received Today's news, a recent financial update, and are now waiting for the much anticipated release of their Mobile MJ App. We FULLY expect to see a perpetual gain in the stock. And, therefore, we rate it is as a STRONG BUY!!
GLTA, JJ
Historically 5 mos ago $BABL was @ .02. Since then, the company has risen to .25, and fallen back to its current level .0215, mainly because they have not released any PRs.
HOWEVER, Today’s NEWS is HUGE!!
Buildablock Corp. to Deploy Patent-Pending "Identification and Purchasing System"
Jul 09, 2014
OTC Disclosure & News Service
http://www.otcmarkets.com/stock/BABL/news/Bui...-?id=84147
The 10Q was just released and shows the company has reduced its operating expense by a factor of 39, for the 1st 3mos of 2014 (as compared to the 1st qtr of 2013). As well, they were recently UPGRADED TO PINK LIMITED by the OTC.
BABL is a development stage company, that is running patented technology. The core of the company is its online auction site, which is comparable to Ebay. In addition, they have built in GROUPON technology, which allows for a group buying / pricing, etc.. And, other perks are included in the site, related to social connectivity.
For the 1st time buyer, the company is a little perplexing. They are not a big board stock, but, they don't really belong on the OTC. They are REALLY in their corporate infancy, as they are in the final stages of developing the site's technology. They are currently fee-based, but, their customer base is minimal. So, their revenues haven't started flowing, just yet.
As an online auction site, the company has access to a $100B+ marketspace. Early EBAY really resembles the company, as they were when they first started. And, EBAY currently has $16B of the $100B marketspace. There really is 'NO' difference between BABL & EBAY, except that BABL also has 'Group' buying / pricing. It is like EBAY & GROUPON rolled into one.
As well, they have added Marijuana to their 'platform'; something, EBAY & AMAZON will likely 'NEVER' do. To capitalize on the new MJ recreational marketspace, BABL is currently developing a Mobile Marijuana Application, to lead recreational MJ users thru the purchase process. When completed, the application will process recreational MJ purchases, start to finish. This is a brand new Multi-Billion dollar marketspace. And, the Mobile Marijuana Application has the potential to generate millions of dollars in processing fees, for BABL.
Buyout possible with Patent News? Currently, Amazon has integrated into the BABL site. Prior to Amazon's involvement with BABL, the company offered $6B to GROUPON, to purchase their company. It has already been established that Amazon is seeking to purchase a company the can do Group buying / pricing, etc. And, BABL fits the bill. But, BABL is much more than a GROUPON, and, AMAZON would also have access to the patented online auction software, the Marijuana platform, and, the Mobile Marijuana Application. No buyout has been offered, as of yet, but, to quote an old saying - 'It is ONLY a Matter of Time'. And, AMAZON isn't the ONLY company on the hunt for this technology - there is also Facebook, Yahoo, and Google (to name a few). And, if the BIG tabacco companies enter the MJ marketspace, they will also be looking for a fully functional set of applications, like BABL has to offer!
Currently, the stock has retraced over 90% to it's current price (.03). And, existing shareholders anticipate that the price will correct itself, over the coming weeks, to return to a price level between .10 and .20. Shares of BABL have GOOD value, in that the o/s is low ; 28 Million float is Tiny, quick to run up back to .25+ Company executive shareholders have not sold their shares (purchased at .25-.50), indicating that THEY believe the company will 'GAIN' MUCH more value. And, the company does not show a pattern of dilution.
Shareholders, having received Today's news, a recent financial update, and are now waiting for the much anticipated release of their Mobile MJ App. We FULLY expect to see a perpetual gain in the stock. And, therefore, we rate it is as a STRONG BUY!!
GLTA, JJ
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