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The company says they are in the alt energy biz but they are not realy first I feel it a leveraged gas station property play supported by the retail cash flow ie cigs soda etc at the station. We are levered from a 3rd party who would not have loaned us the money if they didnt think we could pay it back. They had access to the books so to speek during their due dilligance process. That is a good. However the property market is in the crapper, gas stations dont make squat as far a margin is considered in selling gas. That being said we may be getting a bigger spread selling blended bio diesel as people want to do the right thing and use bio fule. But if a station down the street sells regular diesel cheeper I dont think people care about the enviorment when it hits their pocket. That being said when prices are equal we sould bet the biz because of the feel good aspect of running bio. I was told that Richard is not taking a pay check, ie he is ass deep in the equity so he is getting the squeeze more than us. How true that is i dont know. I was also told one of the other big investors wont fund financials just expansion. People are willing to fund the company but ata rate that is so unatractive it would be considered robery. I also was tould you have to pay the accounting bills in cash and that is the law. I dont know how factual all this is and like the rest of us i am underwater. Lawarence Ogalbee how thats spelled i dont know a major holder from florida i believe is a person to watch. Florida is in a bit of a spot right now but I think they will be the first major area to recover. I dont know how to watch what he does but its an idea. I think if the company did a rights offering meaning the company sells us stock based on the % we own for the sole purpose of getting financials done and filed. I made a mojor mistake and bought this stock in my IRA. The mistake is when its a looser i cant write it off against a gain or carry it forward. So my advice is do buy these in a tax defered acc and take the tax hit as an insurance policy. Yes I am feeling blue and am afraid this will takey years to turn around if it dosent go to 0 first.
Jitz--- " What do you find hard to believe " I find it hard to believe that a person who has posted as much as you do and with such good material, that other people before me has not high-lighted your alias before. In other words I am saying that your posts appear to be intelligent but nobody has noted to attention it.
Chucker
Well Jitz, at this point if that was true, we'd have 10Q filings. I think they may either have busted before they started or they have gotten what they want and have said F the shareholders.
The best thing that can occur is to see filings like they started, or sell the shell to someone who is doing something.
what do you find hard to believe??
i am currently up in my invested stocks in total. i am down in blsh(obviously! but did have a good conversation with the ceo and trust we will get to a nice valuation later than we want, but we will nonetheless)
trading stocks i have recently played such as wnyn and uvse i never post on as i dont like to pump and leave someone with the bag.
i got out with big losses on mona(through several name changes) and also in swvc(both pr regularly and dilute heavily into them)
Jitz. I just looked at your profile to check the other stocks that you have, such as MKGP--SIVC--CHAG to speak of quite a few. I noted that you have person marked by only one person and that is mine. Considering that your alias was marked back on August 16,2007 that is almost unheard of. I just about have it hard to believe.
Have a good weekend.
Chucker
happy fourth to you too chucker, sorry couldnt be more entertaining for you on the board. got to work you know!
iam trying to concentrate on my other stocks while we wait for something here. i think in the long run we will be ok, just need something from management. i have often found though that the companies that have the least PRs are often the ones taking care of the real business of maximising profit for the shareholders.
Happy Fourth of July 4th to all here. As an aside, my mother and older daughter were each born on July 5th
Chucker
All too often ... lol
In the end they have assets and a good business. They will carry on. At some point in the future there will be a PR blitz and this dog will have it's day.
Hold on for the longer term and at some point life will return. But that may be a long time away
you are doing a fine job chuck. LOL. I've lost all confidence really. I took a loss and so be it, i'm still watching for developments. Sometimes it's just like this.
I have never seen such a quiet board that says nothing. I would think that anyone here would be making their sorry tales of what got them into this stock or why the stock looked good on whatever so when they bought it-- anything-- Just some conversation so that other people would see this and maybe think about buying into the stock, whatever, anything.
Chucker
W O W PPS way up today on heavy volume of 2,000 shares and increase of 0.011 to 0.02 Realest was VERY correct when he said there was not much travel out there and the company was very closed.
Chucker
Realest. I started with 2,000 shares @ 0.08 on 1-04-08 I now have 10,000 shares @ 0.0560. Probably the highest the PPS ever has been and maybe the highest it ever will be. I went for 4,000 on 1-22-08 @ 0.05 and then again the same number of shares at the same cost on 1-25-08
Then came one of my MANY medical problems and not watching close enough. Bloomfield was pushing the stock and he was on a hot run at the time and some posts from one of our former moderator also had the stock looking good. Moderator spoken of was not you.
Chucker
It matters before because you were a treasure chest of knowledge to the board and many of us ( me in particular ) looked for almost daily data. With the PPS down so much I am trying to decide about selling with a large loss percentage wise and in dollars wise or if your opinion would be to take the advantage of buying more and average down. I have private posting ability.
If you are annoyed by my request then my apologies.
Chucker
I can say this about the stock though, it has a very tight float still and ANY news can send it flying.
It's a gambler to me at this point. Put 100 bucks on her and let it fly for a few months. Just put a rediculous sell out for like .25 and see if some news runs it to that.
I'm here. Not much going on with this and i'm not real sure this is shaping up to do much.
Well, i have to be honest when i can say this is definately shaping up to be a great big POS pinky........ Buy it cheap, and sell it fast i guess.
The company looks so promising, but i don't understand where the filings went and what the problem is. If they needed capital they could have simply issued shares and sold them into the market, so i don't buy their "lack of cash" crap.
I'm right here watching the drama... being moderator means nothing other than i can make you an assistant and pull offensive posts.
I've asked you before if you wanted to help mod and you have repeatedly said no.
Does it really matter where i am????
I ask again as I did earlier, " where is Realest" He was an often poster here and, as I recall a moderator.
Chucker
Fairly. I agree. If only we could get some kind of news from the company we may want to add shares but as it is ........ ?
Chucker
Mick--- I may not be the smartest person there is especially since my stroke, but for the life of me I cannot understand your post as a reply to my note ??????? Could you please try to help me here ?
Chucker
Damn, if we could get just a glimmer of hope from the company I would buy a bunch more
by that train of thought you should buy the .011 stock
Realest--Where are you? Haven't heard from you in about a month. Hope your fealth is okay. Also hope you are positive on BLSH.
Chucker
Wonder why someone would spend any expense amount to sell any fee to sell just a number of shares. Amount is probably more than the money returned. WHY ?? WHY ??? Must be a reason.
Chucker
no chucker, i think more like everyone has lost all interest in this board
Did I hit a wrong chord here ? If yes, my apologizes.
Chucker
Jitz. When you are age 74 and medically disabelled to the extent that you can't leave the house you watch all kinds of tv shows like Hogan Heros-- Leave it to Beaver,etc. You do. I can't drive a car because I would be drug while driving ( DWI ) because of 270 mg of morphine a day. you watch all kinds of TV shows.
By the way and serious and not wise if you don't want these occasional notes PLEASE let me know and I will stop it.
Chucker
p.s---or if any other persons don't want to read it pleas tell me.
chucker my advice to you is concentrate on other stocks so you dont get too down about this one.
i am sure the comppany will release something when its ready
Jitz. One has to do something when owning this stock.
Chucker
i think you've finally gone mad!
Everybody--- We have been saved. One kind person came back and saved us from the tentacles of the evil shortie. This morning shortie Shortie saled off for a PPS of 0.011 But then came the Lone Ranger with a silver bullet he bought 2000 shares at 0.023 to bring us backto yesterday's closing. Hi_ho Tonto.
Chucker
Jitz. Did you see the one trade today at 11:13 a.m. A REAL BIG trader bought 10,000 shares for 0.011 a 50 percent haircut on the PPS. The buying still remain at 0.023. At the end of the day ,if I remember maybe I will buy 10 shares for 0.023
Chucker
sorry chucker but no, i dont have info, might be a good time to average down though. i am considering it myself.
Jitz-- Any further information ?
Chucker
richard e-mailed me back yesterday and said that they dont like to release the unaudited financials for last year as it adds confusion, and the lawyers dont recommend it. he would prefer to provide the audited and is working on it.
on a personal note, i feel he is communicating better now after a period in the middle where he wasnt, so makes me feel better about my investment.
i agree diesel news is good for us
Jitz
US is exporting Diesel to South America and Europe, refiners are scrambling to convert sone refining into diesle. macro looks good.
sorry chucker i dont have more info. I will try to push for some.
on the bright side i would say that profitability was an issue if they were doing the audits, as they havent done any, that means they should be profitable!! In which case we are currently looking at some very cheap shares.
the other thing is that the volume is very very low, nobody is interested in buying as nobody has heard anything. and no one is interested in selling because they know the stock price is very undervalued here.
The company actually exist (this is a plus point in the pinks) and the CEO has not diluted the stock (another big plus), if they did they would be diluting themselves.
when i get funds free i will be averaging down, timing is very difficult though.if we do have good news though, the SP wil shoot up because as i said before there are few shares available down here
I will PM you with richards number on friday happy hour or -e-mail you (i think i have it from last time). I will also ask him if they would consider putting the unaudited financials out at least.
Jitz. I see where you spoke with Richard. Did he reply to your last comment? It seems that went past with no answer? Fairly New replied to your post stating that he is considering averaging his PPS down. My PPS is at 0.0560 and, obviously should be averaging down but have to conformation to warrant spending any money on BLUS at this time.
Do you have any further info? Please.
Chucker
I am still in, thanks Jitz. Even considering avg down some more.
I mean dear lord something has to happen. Diesel is $4.64 a gallon here in STL.
just to let anyone know thats still in this, that i had a quick e-mail into richard, and he said there are things going on behind the scenes, but they are not ready to report anything as of yet. i tried to emphasise that we hadnt had an update in over 3 months
gas at 4 i think the macro picture for BLSH looks good
should get time this week mon or tue. will let you know. market cap is extremely low for their revs
Hey Jitz.... Have you had an opportunity to make a follow up call to Richard?
this is tempting..
but need something from richard. come on give us a PR....
wow - a dump wiped out the bid. i am not selling down here though.
guess they saw a better opportunity somewhere. GL to them
lol... thats all ya need to use.
Realest. I know NOTHING about how I-Hub works. I cannot use a kumputer except to use my left and right index fingers. Yes,please remove my name for the sake of I-Hub and BLSH
Chucker
it's not a joke, LOL. I just wanted you to see how ihub was set up. If you'd like i can take you off assistant.
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