Blue Sphere Corp. (BLSP)

[TMATT]

Great post. I agree with you! This company needs to be valued at least five years out. Each deal they do at this point is heavy with debt. The bigger deals also take time to build and ramp up. As the debt load comes down, these facilities are cash machines and they have very long term agreements to provide stable cash flow. If you are looking to value this company today you are missing the opportunity. I am buying as much as I can at this point. I hope their move to nasdaq is a success and they are able to raise a ton of cash. It will allow them to put more equity in each deal. I thought the Italy PR the other day was great! Looks like they were able to loosen up their loan agreements. That should help allow cash to flow up to the company even faster. I am not saying that these guys are perfect by any stretch and sure they have made plenty of mistakes, but I think they are on to something and it would appear that they are committed to seeing it through. Every time I see some Jerk hid the bid with one share or four shares I only laugh. It allows me to pick up a few more at that cheaper price.