Blue Sphere Corp. (BLSP)

[citoyen]

LCJR....please believe that i understand your concerns...i've been there too! and more than once!

won't say the same can't happen here, but just doesn't feel that way.

though i tried to speak with the lazarus group to get their take and rationale for their heavy buy-in, was politely told that as a private fund, they don't discuss this kind of thing with "off the street" shareholders. they are just humans so certainly capable of making errors -- and in their case it'd be a huge one if this goes south!

but that said, again, they bought significant shares at higher prices on the open market and have continued to buy. one can be sure they did serious dd with management regarding the blsp's business plan, projected cash flows and growth plans. gives some comfort that we likely have both some kind of floor in the pps AND that a serious financial group has "bought in" in the 1st place. it's the norm in the VC world but pretty rare for an already public microcap such as blsp

there is no assurance...but i have more than decent confidence -- barring a market melt-down or other "black swan" event -- that my bluesphere shares will be significantly more valuable within the next couple of years...and possibly far sooner.

fwiw...