is...doing my DD Jay Landals, suggesting others do the same
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Lipid...here is jufuel's post with the calc.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43463510
I've double checked the numbers and they seem legit.
Not only did ENTK initially say 2 farms, the expansion currently underway at Extreme Biodiesel (confirmed by them) will require another 16 farms to produce the required biomass to fill the new plant capacity.
ENTK has stated it is their goal to have it by mid 2010.
Did DF factor this into his rev calc for 2010?
Equipment fees, royalties per lb of algae, VPN monitoring fees.
Chen in China doing QC testing on reworked turns.
I bet he's got a blackberry. Someone email him and have him bring those turns home in his luggage!!
I saw that too but BEHL is appearing on the update sign list as moving from CE to Yield.
It may be a matter of waiting for someone to return from lunch to push a button. But Pinks has conflicting info if one part says Yield and the BEHL page still shows CE.
PetroAlgae Revenue since inception on September 22, 2006 to September 30, 2009: ZERO.
BEHL: 2,800.
Operating Loss
PetroAlgae: 48.8 Million.
BEHL: 572K.
I see where they expect to realize licensing fee revenue in 2009.
Seems like a lot of money spent to be at the same stage BEHL is.
Wonder where all that shareholder money went?
Did they revise the financials?
The latest says they have revenue coming in.
I'm curious about PetroAlgae...
How much land outside of their facility have they developed with their technology?
How much revenue have they brought in?
Do you know who their customers are?
What is their profit or loss since inception and how does it compare to BEHL?
I see this is a MOU. That's worse than an LOI but not by much.
I bought in during the panic sell due to the RS. It was brought all the way down to .0004.
I have made money while gaining a core of freebies as there has been trading between .56 and 1.10 for a few weeks now.
I would expect the announcement of an RS to do the same here. Panic selling with people buying all the way down. More buying occurring at the open the next morning due to bargain basement prices.
Now the difference between BEHL and ENTK can be seen at Pinksheets. BEHL is attempting to comply by filing, revising, and updating while ENTK has made no move to file info with Pinks.
Removing the CE makes BEHL available to more brokers so if the RS occurs after the CE is removed, there are a lot more potential buyers of BEHL than ENTK. If DF goes for the trifecta and announces, CE removal, R/S, and revenue brought in from the 6 mill of orders, there is the potential the R/S could benefit holders of BEHL.
Another difference is ENTK has kept the A/S the same before and after split. I think people fear some significant dilution and are waiting it out to see what else Thompson has up his sleeve. I think there would be some fear here, too, if the R/S went down the same way.
It could go the same route as a typical R/S and people get (more) wary of the CEO and the company. So really, the benefit or detriment the R/S would cause sits squarely in Fisher's court and your individual perception of how he's done so far.
The only way I see a RS happening is if DF wants BEHL on the OTCBB ASAP.
So far, no OTCBB and we have orders of 6 million. According to the financials filed at Pinks, we have six customers who need their PBRs sooner than later. ENTK has a need for 16 more farms to be producing biomass by mid 2010 as their plant expansion is underway.
There should be no rush to the OTCBB if DF clears the CE, especially if you have to get their by RS. To me, working to remove the CE and then get Phase II and HQ up to promote the best PBR out there can provide a steady stream of cash.
That cash can be used to acquire other techs or licenses. Or, as all pinks like to talk about, a share buyback and retirment of those shares to raise the PPS. Or better yet, prove the product and let someone buy us out.
With the supposed problems DF has encountered from RWE's DD on the merger, as demonstrated by the delay, do you think the clearing of the CE is also the first step on Fish taking BEHL to the OTCBB on its own? No merger, no reverse merger.
To me, releasing the data and working hand in hand with Pinks (as demonstrated by the timely revisions and updated letters) makes me think that DF is attempting to clean out the closet and present BEHL as either an attractive vehicle to invest in or an attractive vehicle for others to merge with.
All IMO, of course.
Veto...since you seem to have a good grasp of starting businesses, what would have happened to your business plans if suddenly your landlord, who was charging you rent at such a discount it was funny, told you he was going to lose the property where you were going to demonstrate the product your company sells and all you had was your prototype product available for show even though you would have tell customers you've improved it without being able to show it?
I will agree with you on one point: Dennis has made statements that were too forward looking. This has undermined some of the confidence he had from shareholders as it slide from the .10s to .06s.
I found this part of the update interesting:
"The innovative request from the BioCentric Team for a design of flexible, durable, UV resistant tubing acquired no response. So the company's team began the process of creating a new product formulated and manufactured here in the USA. BioCentric is happy to announce that the first mile is being manufactured here in Southern California. When finished the provisional patent documentation will formally acknowledge the participation of the two other companies that made BioCentric's request for something new, a reality."
This gives BEHLers a great opportunity to revisit the issues of NDAs. Why would BEHL require an NDA from the two companies working on this design?
Could it be because this is would be the only manufacturer of this in the US? Could it be that BEHL does not want the competition to know who is making this for them because the design is believed to give them a competitive advantage in the algae producing equipment industry? Why would these two companies agree to an NDA if they are start ups or established as the NDA does not allow them tout their production capabilities? Could it be thatthe NDA will garner them more BEHL business, even if they can't tell their investors about it yet?
Necessity is the mother of invention. I think BEHL is blazing the path forward.
Last post for the day.
So if I follow you, what you are saying is Dale knew this was a scam because of false PRs and instead of selling his unrestricted shares at .155 or on the way there, he sold them around .065, on the way down?
Or did DF have Dale sucked in on the way to .155?
And if DF knew this was a scam, why'd he give himself restricted shares? I'd imagine a CEO's profit from stock compensation would be greater than his monthly salary.
It affected the share price indirectly as plans to demonstrate a commercial ready product were put on hold.
Attnetion shifted to finding a new HQ. Running a low cost operation means bare bones staff. Shifting attention to finding a new location means bare bones resources are tied up that shoudl have been used to lay the Phase II, schedule customers, bring in media, etc. etc.
I think Dennis got ahead of himself in that PR. He's made that mistake before and the share price reflects it.
And then RWE expressed interest and was a better fit. Would you have wanted a PR saying that despite RWE's interest, we'll just do what we said first even if there is not a better advantage to be gained from it, from a company standpoint?
How did you get access to Dale's trading account? Shouldn't you be bringing up PSC too? I mean, between the two of them, they have sold roughly 2 billion shares of BEHL if I believe all of those posts that state every time this goes down it is becuase of PSC and Dale dumping. If you could take a screenshot to let us know the SP Dale sold off at, I'd be grateful.
It's hard to determine if you are in the least bit serious since you make a bold accusation without providing any factual evidence. I will agree that Dennis made some very very forward looking statements that have affected his credibility. He is trying to turn that around now.
Have you called Dennis to ask just how much of a set back the foreclosure on the SJC site was?
It's hard to determine if you are in the least bit serious since you make a bold accusation without providing any factual evidence.
Have you called Dennis to ask just how much of a set back the foreclosure on the SJC site was?
It is discussed in the shareholder update.
You should really read those if you are invested here.
See sl62's post, he's got the listing for the building and pics from it.
No idea about where they are fitting the PBR from the pics as they are minimally descriptive at best.
Gummy, the building where your zip code on the pic ends is 2400 S. Garnsey.
WR Grace is the small building just south of where 'S. Garnsey' is labeled on the pic.
Between those two buildings is the open space. I've tried to look at the signs thru Google Earth but can't make out who truly owns that property and what the actual physical address is. What I have made out is a separate entrance with gate from WR Grace's proprety. It appears as if it is also separated from Unicorn Delivery above it.
Clearing off the trailers on the east end and the shipping crates on the west end, it appears to be over an acre of open space. I am assumng this is overflow storage for old crates and trailer for Unicorn Delivery.
The ones you mean to speak off bailed out weeks ago when PRs weren't HUGE & MEATY. They moved on to greener (and LOI filled) pastures.
Is that the group you are referring to?
People see what they want to see. For example, in that PR, I see an explanation regarding the multiple trips to China (parts have been re-engineered for optimum efficiency 10 times).
I also see that Dennis executed a lease on a different property than the Goldenwest property. To me, it explains why there have been no updates on HB.
But people see what they expect to see. I could only imagine the reaction from the old guard if that PR contained an LOI while they are placing bets on LOIs everywhere else.
At least you're a good enough man in that post to admit that BEHL, in it's development stage, has revenue.
Now, care to tell why you continually post they don't?
Here is the link:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26835
Check out page 15. Top item that has the description 'Sales'.
Did your list of questions get addressed?
It appears the latest release hints that DF at least saw the list.
Real revenue appeared on the latest financial statements. It is right at the top of the income statement. right above the cost of the sales. If you need, I can email a copy that highlights the exact location for you.
Of course, if you don't trust DF to tell you what the weather is, there is no hoop he can jump through to make you believe.
To get a really good picture of the flippers working BEHL, people should pay attention to PhilipSky as he's made it plainly clear he's flipping this. It's nice to compare his charting to sl62's to see how two different investing styles are playing BEHL.
Nothing wrong. But it reinforces what you are saying from a TA standpoint.
You can claim a 3000 loss, but you can use losses to offset your gains.
For example, Investor 1 has 10K of gains from 8 stocks, and 10K unrealized loss from BEHL. Selling BEHL today means you will pay zero taxes on your gains (net gain of zero). Buying back in at Jan 6 for roughly the same price means you have realized a benefit from your BEHL investment equal to the taxes you would have paid on your realized gains.
And now you have your old (hopefully) position back.
Not wasted trades. Risky trades.
Tax loss selling. Think of it in terms of when the wash sale rule goes away.
Someone selling t ooffset large gains, but still wants in, can sell today and buyback on Jan 6.
Considering December is a very slow month typically for stocks, they are betting they can get in cheaper or aroudn the same price while getting the tax benefit of offsetting gains with a BEHL loss.
All IMO.
Substantial news is the only thing right now IMO.
30 day window for wash sales.
A tax sell today means a purchaser must wait until Jan. 6th to rebuy and claim loss.
Tax loss selling occurring.
The possibility exists it will continue until X-mas.
Of course, eventful news could change that.
The odds will increase greatly when the commercial PBR is up and running.
Being able to bring someone down and let them see that the model you are buying is producing more algae at a quicker pace for 1/5 the cost of the nearest competitor and your install team is trained on the modular set up (estimated to be 1000sq feet per hour vs 1000 per day)is money in the bank when the customer runs the ROI. But this is new tech, credit is tight, and businesses have entered a wait and see mode before becoming potential customers of any algae company.
And look at all the potential customers for varying uses of Algae and its products.
That's why I'm hanging in. Buyout or not.
Pink sheets sets up the hoops. It's up to DF and BEHL to jump through them.
DF appears to be willing to try to meet requests he's had from shareholders for weeks to get that CE off.
What I don't understand is if it was so important to invest in a Current Info listed pinkie, why people put their money here first without contacting BEHL to determine their stance on it?
Dancy--Why did you put money here first if the CE is such an important aspect of this investment?
It showed up early morning today. I checked at 6:00 am today and saw it then. It was not there at 10 pm last night.
Clarification on the In Touch Tuesday. States commercial PBR ready with a few tweaks.
Where is it going to be? HB or SJC? In Touch just states Orange County, Cali.
Timeframe for the few tweaks?
Multiple times today to no avail.
Something is rotten in Denmark.
TOS defines spam as: Posting the same or almost identical post more than twice within a calendar day i.e. "where's the PR?", "anyone seen the PR?", "thought there was going to be a pr today?", "geez, is the pr coming out today or not?"
I wonder why some is acceptable and others not?
Well, if it doesn't come today, you can rely on dancy's DD and see Fish has created value over the time he has been at these companies. Along with the red herring of today's PPS for those companies.
Take a look at what happens when he leaves!
The right time in that scenario would have been when Fish put his two weeks in!
WOW! Fish took that company to 23 Bucks?
I didn't know that but I knew as soon as he left it tanked.
Thanks for the DD.