BSEG
$BSEG Making Big Moves LOW FLOAT 51m no dilution!Big Screen Entertainment Group (OTC: BSEG) is ramping up development and production.
The Los Angeles-based company is set for an income boost from its successful streaming channel, Big Stream, which operates with a Hulu style advertising revenue and subscription model.
Established 18 months ago, the Roku channel and online streamer featuring hundreds of hours of content from the Big Screen library and that of its affiliates, together with original programming, has seen its audience rise 325% from a year ago.
Also bringing in money is a merchandising partnership with lifestyle and retail brand, The Princess Network, which sells elegant tiaras and other princess themed fashions for women of all ages in addition to a new line of royal pet clothing, tapping into the lucrative pet product business - an industry which as a whole had sales exceeding $100 billion in 2020. (www.theprincess.network)
Big Screen has put a string of new TV series and film projects into development including three animated movies for family audiences and recently been in production on an upcoming live action Christmas movie, Santa4Real directed by award-winning The Deka Bros.
The company's new TV series include Avenger Field, an action show around the real-life Women Service Airforce Pilots (WASPs), Shadow Kat, a crime thriller series, Singularity Principle, based off the movie of the same name and dealing with quantum time travel, along with a CSI style crime solving show, an environment themed kids adventure series and a futuristic medical drama.
With an ever-expanding development slate and a growing creative team, BSEG is in discussions to launch a film fund to bring to the screen a string of projects created in house. Currently upper management are in talks with several investment groups regarding this film fund.
Overseeing all the recent activity is Big Screen Chief Executive Kimberley Kates who said: "The future of the company has never been more positive. The quality of our projects and the incredibly talented team of people working in the company is very exciting. We've used the time of Covid to regroup, to create and to develop a number of exciting IPs that I believe will propel BSEG to the next level."
BSEG Waking upYou can see that it has been tested many times on the downside, and that slow trendline moving upwards shows support held, and that sub-penny range is unlikely unless someone dumps a large load.
Now after a long downtrend, volume is pushing BSEG to test the longterm yellow trend resistance line. If this breaks it could move fast, shares have accumulated for quite some time, and there is no dilution.
Past history has shown the stock moves fast, but also has been over quickly. Maybe this time will be different with some sustained buying.
BSEG - Invalid 700, still holding trendStill holding the long term trend. However movies out productions coming to fruition, accounts receivable around 4million and growing. If it breaks down lower I will try and load up on more shares as BSEG is a valid company booking contacts internationally and domestically.
Waiting on news from the company which is tight lipped about the work they are doing. However everything is in the company profile that they are working on and its quite a lot. This isnt a company with a single product, but one with years of experience in production/distribution, and is now getting into many different facets of the entertainment industry.
BSEG Company Profile
BSEG - Sept. 2018: Higher lows forming and recent weekly DOJII last posted a market maker trade of 700 shares signaling to other market participants to move the stock up. I believe the signal is still valid as it was just a few weeks ago, and will continue to be valid until the stock passes the most recent high of 0.0189.
Trends
I am also noticing higher lows being printed in the past few weeks as well. There was a weekly DOJI printed 2 weeks ago, and last week saw a small reversal in the price higher. You can see the higher lows printed compared to the trend of the last few years, with the two lower yellow dashed trendlines going in opposite directions at a similar angle. Prices are now coming into range of breaking the upper dashed trendline that is trending lower. This trendline matches highs going back years and will be a strong signal of a breakout if price does break this trend technically.
There was also a DOJI printed a couple of weeks back, and the higher lows being printed could be the start of a trend change higher. As with many speculative penny stocks if the trend accelerates there could be exponential gains in the mid-term future coming.
Indicators
I have the 100 period linear regression showing that price action is now above the baseline and could be trying to reach the upper line. RSI has also been printing higher lows, and OBV seems to be turning up. The last few months have shown OBV to level out and now turn slightly higher. I keep the money flow on top of the RSI to give it another quick visual to see if price action and money flow is correlating fully.
Daily Chart Snapshot
BSEG - 700 Market Maker Signal (Move the Stock up)I have seen a few of these now and they do play out in some way most times. Sometimes a market maker signal slowly sets up a move over numerous trading sessions, and other times the signal shows a a fast and hard move shortly after.
Recently saw a 700 signal on the chart of BSEG -19.46% on Aug. 29, 2018 at 3:00pm. You can see the trade at 3pm in the pink circle and the 700 share volume for the trade in the pink rectangle .
There was a prior 7 share signal back in late June. I saw the stock move up from about $0.01 to $0.0189. It is now hovering at $0.012, lets see if this signal shortly shows a move above $0.0189 in the next month.
Another Chart Link:
dawgtrading.com
BSEG Big Screen Entertainment Group Long Term Technical AnalysisOTC:BSEG
Big Screen Entertainment Group is a film production and distribution company that is closely held by its shareholders. Current management are doing their best to move this company forward and have made great progress over the past decade in developing the company into something viable.
I have been a shareholder in BSEG for a long while, and while they have made progress in business connections, revenue sources, and becoming global. The stock and investor interest has not shown itself yet, but believe this one is ripe for some gains.
In January 2016 they publicly stated a company mission is to reach Nasdaq, and that they would use different means in achieving that,but needed to execute their business plans first and foremost. The recent press, and movies that were released overseas in China this year, but couldn't help but notice that technically the long term trendlines, and recent candlesticks could be pointing to some gains in 2nd half of this year.
In the chart there are 2 long term trendlines coming down from years ago, and have correlated to past price action, and could be a sign of a break in trend. You can also see the OBV and AD lines at a large spread, and the AD line hitting support bouncing twice. The recent press broke one of those long term lines.
Beisdes that recent financial reports are showing larger accounts receivables, so they need to collect, but there is money being made from service work. They also have a good deal of projects in the near and mid term so the company has work. You can review the financials and management report at otcmarkets.com
BSEG Info:
www.otcmarkets.com