Ricky Bennett - Blue Line Vice President - Operations & Compliance

BLPG Stock  USD 0.04  0  2.44%   

President

Mr. Ricky G. Bennett is Vice President Operations Compliance of Blue line protection group, inc. He was, between October 2013 and March 2014, an independent consultant to Convercent, Inc., a Denver, Coloradobased corporation which develops and markets computer software which firms use to comply with human resource regulations and conduct employee training. Between 2011 and October 2013 Mr. Bennett was Vice President of Professional Services and Director of Training for Convercent. Between 2008 and 2010 Mr. Bennett was an Interstate Compact and Youth Offender Officer for the Colorado Department of Corrections. In this position, Mr. Bennett used a variety of strategies and services to instill prosocial behaviors in offenders transitioning into the community. Mr. Bennett joined the Aurora, Colorado Police Department in 1980, served as the Aurora Chief of Police between 2002 and 2005, and retired as a commander in 2007. since 2014.
Age 57
Tenure 10 years
Phone800 844 5576
Webhttps://www.bluelineprotectiongroup.com

Blue Line Management Efficiency

The company has return on total asset (ROA) of 0.1993 % which means that it generated a profit of $0.1993 on every $100 spent on assets. This is way below average. Blue Line's management efficiency ratios could be used to measure how well Blue Line manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.31 M in liabilities. Blue Line Protection has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Blue Line until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Line's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blue Line Protection sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Line's use of debt, we should always consider it together with cash and equity.
Blue Line Protection Group, Inc. provides armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry in the United States. Blue Line Protection Group, Inc. was incorporated in 2006 and is headquartered in Denver, Colorado. Blue Line operates under Security Protection Services classification in the United States and is traded on OTC Exchange. It employs 30 people. Blue Line Protection [BLPG] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Blue Line Protection Management Team

Elected by the shareholders, the Blue Line's board of directors comprises two types of representatives: Blue Line inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blue. The board's role is to monitor Blue Line's management team and ensure that shareholders' interests are well served. Blue Line's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Blue Line's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ricky Bennett, Vice President - Operations & Compliance
Daniel Allen, CEO Director
Christopher Galvin, Chairman of the Board

Blue Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Blue Line a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blue Line in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blue Line's short interest history, or implied volatility extrapolated from Blue Line options trading.

Pair Trading with Blue Line

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Line position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Line will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Blue Line could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Line when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Line - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Line Protection to buy it.
The correlation of Blue Line is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Line moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Line Protection moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Line can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Line Protection. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Blue Line's price analysis, check to measure Blue Line's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Line is operating at the current time. Most of Blue Line's value examination focuses on studying past and present price action to predict the probability of Blue Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Line's price. Additionally, you may evaluate how the addition of Blue Line to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Blue Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.