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My bad, I posted last years link for the top 100 companies. Biocentric was 97th in the top 100 last year (2009-10) and unranked this year (results published December 7). Neither Fisher nor Biocentric appeared on either top 100 list.
Oops you are right. We'd better buy more stock
So they are selling peach juice with some astaxanthin added. The astaxanthin was NOT made by BEHL it came from commercial suppliers such as Cyanotech (Hawaii) who have 90 acres in production. How does this in any way help the shareholders of the "construction arm" BEHL? Pray tell.
The Top 100 lists. Guess what – Fisher and Biocentric must be the only algae CEO and algae company not mentioned. Voted by subscribers to Biofuels Digest and an International panel. Many of those companies make omega-3’s and other chemicals as well as biofuels. So if BEHL doesn’t even make the list – what makes you think that they are so great? You know more than the panel of judges? Can anyone name another algae company that failed to make to top 100? All these guys have funny, patents, technology and products.
http://biofuelsdigest.com/bdigest/2010/10/11/the-top-100-people-in-bioenergy-2/
http://www.biofuelsdigest.com/blog2/2009/12/02/the-hot-100-the-100-hottest-companies-in-bioenergy-for-2009-10/
On your response is not cloudy information from an unidentified individual? LOL. Which order? The omega-3 order they no longer talk about that they were going to fill months ago? The 200mg astaxanthin order? Where are they going to extract the algae they haven't grown or harvested yet? Funny that the promises are now all after the Founders cash-out bonanza in January. How convenient.
ND. I really applaud all your efforts. This is exactly what this Board needs. Finally some cold, hard factual information to show the 7000 or whatever shareholders that they have been duped. It is no surprise that this "promise" was not delivered on. I note the deafening silence on "which Pr's from Fisher ever led to the promised outcome". Zero or close to zero. Complete sacm form beginning to end IMO.
If there is ever a product I guess it won't be "organic" then. That's for sure......
What an incestuous group of companies and people we are dealing with here. Keep it in the family :)
"news" ??? DVJ has been "on it's way" as long as we all can remember.
I don't beleive it - or even believe it. Basically you are believing Monique - and her track record on that is (read as many "important shareholder updates" as you wish. Why not ask her if the "product" (which they haven't made yet) is certified as organic and whether their nutrients are organic. We know the answer - but I wonder what they will say? Also where is Goodall supposed to have shared this nugget of useless information (you can't certify something until you have made it).
Where was that stated? Do tell us. In order to be certified "organic" many hoops have to be jumped through and everything about the product and process must be organic (including the nutrients for example). This is not the case from everything we have been told. So someone is smoking something. IMO
If you are able to PM me please send an e-mail address and I can help you with your DD
Nodummy, what a breath of fresh air. Your (apparently) unbiased DD will be much appreciated. Since there are so many posts to sort through, a couple of things that you might miss. Daniel Kennedy (named CEO out of the blue for the "new" BNPD) is actually the husband of Fishers assistant Marla Kennedy (nothing illegal there, but a little fishy and never officially disclosed) and a little DD by another poster showed him to be permanently employed elsewhere (in CA close to Santa Anna - not in NV). Also relevent to know pertains to "or the 1/31/11 due date deadline for new officers for the Nevada business entity coming and going without new officers being added to the company and the name change occurring." Fishers founders shares (undiluted and so equivalent to 10 billion shares of BEHL) become free for him to trade in next month so it may well all be over before that deadline and he could be waving us byebye as he rides into the sunset with saddlebags full of shareholders "investments".
Like I said. Dirt exists, will it see the light of day is the question.
Lack of investment knowledge is indeed one aspect. But when that "knowledge" is based on 2 years of broken promises, every goal being missed and outright lies and misinformation that is a major issue. Has the law been broken? I think that we will see once the real investigation gets underway. There is dirt, and a guy who never tucks his shirt in knows it - just a matter of if and when the SEC find it. IMO
Sorry that you have lost significant amounts of money on this scam. Indeed there seem to be many people out there that just hang on to any unrealistic glimmer of hope. Those people have been scammed royally by Fisher and cohorts, won't accept that fact and will doubtless be scammed by others in the future (maybe even the BNPD fiasco). I have to believe that the boundary of ethics and law have been crossed repeatedly by the BEHL folks - but apparently they will only be brought to justice after a lawsuit is filed. It would be a fitting end if that happens soon. IMO
Hey BB. I really respect all your nputs and opinion. Just wanted to add my 10 cents though. IMO one can't talk about a BEHL "system" since that is falling into the trap of giving BEHL credit for something they do not have. A system implies that they have a process for growing algae and delivering a product. They don't. They have shown that you can grow algae in plastic bags or tubes (known for over 2 decades) and have shown it to be advisable to remove oxygen using a "pig" (known for years - see for example the algaelink systems and many academic articles) and then claim to have a process control unit to control it (hhmmm not new but I don't believe that it works but JMO). Other than that they have nothing to harvets, dewater or extract. They haven't grown or produced any products. They don't have a "system" - they have a "concept" - and not even a new concept.
Proven dilution? WTF! 5 billion shares not enough for you? Add in Fishers equivalent (Founders shares available to him next month) of another 10 billion shares. So A/S for BEHL is currently 5 billion and we know from recent sales that the O/S is already well over 3 billion. Fishers 10 billion becaome available next month. They will be turned into cash immediately. Ummmm billions of shares. You know one thing that Fisher has accomplished - a company with more shares available that Microsoft (the real Bill Gates!). MSFT O/S is 8.55 billion. Big difference though MSFT has a marketcap of $230 billion, BEHL ain't woth a pile of sh%t. IMO.
MSFT built on a dream and a strategy, changed the world in many ways. BEHL built on lies and deception took the change of many and put it into the pocket of one.
I love the name, haha. Somehow though people here are still concerned about algae growth, cost of a PBR, photo-efficiency, harvesting etc. It is obvious to me that that phase of Fishers web of illusion and deceit is over. He is not even concerned with that any more IMO. That lie has been taken as far as possible without even a hint of a product, of a deal or of a sale (or new HQ or partnership etc). Every square inch of the lie has been told, there is nothing new to lie about in that box - so what do you do? Start a whole new round of lies - BNPD. The deceit only has to last through January and Fisher walks away into the sunset with all the cash that has been invested over the last couple of years. Monica Berry and Oopsmat Kennedy will be left holding the ball, and I strongly doubt that they will have much reward for their 'contributions', Fisher doesn't seem like a sharing kind of guy. Berry will have to go back to singing, Kennedy to his real job and finding a job for his wife maral (Fishers assistant). No algae will ever grow in DVJ. That stupid yarn is over, Please someone post us a pic of what that shambles looks like today. Ugly and deserted I am sure.
Oh. Well I am sure we can take that to the bank. What more reliable source of information could there be than a posting by LOTM? (just joking)
BNPD is already junk. Only a handful of shares trade per day. And if DF delivers the 10% "dividend" (as noted by many many posters promises have never been delivered on in the past - so why believe this time will be different?) then BNPD will be diluted with a crazy new 1/2 BILLION shares, the PPS will plummet and with the low volume no-one will be able to sell. The only minor puzzle is exactly which mechanism DF will use to get the proceeds into his bank account. But that is surely figured out, No need to lose sleep over that one: he will sort it out.
Wow. What is your info source? I just googled but couldn't find anything.
All that Fisher needs is enough light to print more shares. It seems any serious thoughts about algae, PBR's etc died months and months ago. And yes DVJ wmay well freeze over should DF and company actually produce a gram of astaxanthin (or omega-3 or any of the other products they have hyped) in Fisher's little acre.
I cannot IM you because I am not a paying member. If you IM me an e-mail address I will share
Decent gamble, 5 million shares will cost you $1,000. So long as you have time to actively monitor the PPS throughout the day then you indeed stand a chance of being to sell at .0003 and make $500. However on a normal day when Fisher isn't pumping you won't be able to sell that many shares because there isn't enough volume. And when Fisher is pumping you will be competing with the folks he sold to at half the price you paid. So if you have time and patience you might make $500. Good luck!
I said "friends" not friends. This is what he does. You stand a great risk if you try to dump huge numbers of shares of a POS (piece of sh%t) like this: The risk being that no-one will buy. So he sells them at half price through his silent partner, collects the money and the buyers then get rid of it as quickly as they can because the risk is now theirs. He has been doing this for the last year and so far the buyers have been doing well (making 50-100% return in a day or two) but sometime very soon the other punters like your ex-husband will finally smarten up and not buy. At that point they will lose 100% of their investment, the game will be over and the BEHL nightmare will be over, IMO. Fisher used to say that he never takes a salary (because he is counting on the killing he will make next month) but has he ever disclosed how much he apys his wife? What a joke the whole thing is.
BioCentric Energy’s first commercial site in Death Valley Junction, California will be just one of the production facilities designated to produce large volumes of Haematococcus / Astaxanthin for this client.
Make that 200 million shares dumped - not 100 million! As the PPS goes down you have to sell a boatload just to raise a little ca$h to keep the lights on for another couple of weeks. Still next month it should all be over.
Apparently Fisher just sold another 1/2 price batch of 100 million shares to his "friends" and they are desperately dumping and making a nice return. If they bought at .00025 then they are making money at .0003. JMO of course - but this is all so transparent. The shocking thing is that there are investors who are actually buying this 100,000,000 shares given all the mess that is going on. Read people, read and be informed before you throw good money after bad.
It really doesn't matter because it is clearly all one big scam IMO. I agree with you 100% but you missed the fact that they also do not have a method of extracting the astaxanthin, in the unlikely event that they ever grow any haematococcus and miraculously harvest it. The extraction is not trivial and is very expensive (super critical carbon dioxide). BEHL PR'ed that they they were going to build a lab in DVJ to extract it (clearly BS because it would cost too much and it wouldn't make sense to invest this much for one lousy acre). Cyanotech in Hawaii have 90 acres devoted to this product - so who gives a damn about another acre? This is all one big charade and hopefully the wheels are finally falling off one last time.
Very nice post. I think that you are absolutely right on both counts: At BEHL HQ the people indeed seem "plain ignorant" but I am convinced that they are "deliberately skewing facts" in the pathetic hope of squeezing just a few more dollars out of their naive investors who seem to think that this useless stock can go anywhere but down, down, down. Trouble is that their ignorance prevenst them from keeping their lies (oops - stories) consistent. It will be over very soon.
This is all pure hype. There is no way that BEHL can deliver even 1 mg of astaxanthin by February next year. They have yet to grow ANY algae that contains the material, they have no way to harvest, no working bioreactor and they have no way to extract even if they grow it. Remember that the two shell clowns (oops clones) BNPD and BEHL were going to build an extraction lab. When are they going to start? Where will the money come from? Do they even have electricity in DVJ yet? And the list of complete uncertainty goes on and on. What a joke - $2.4 billion!! Buy, buy before all the cheap shares are gone - right Banyon?
But the whole point is to keep enough investors believing (even a little bit) to keep the shell(s) alive until January when the first (and perhaps only) harvesting and extraction will happen (of $$$$$ into a bank account when the 10 BILLION Founders Shares are freed up). IMO
Isis. The "good news" will be yet another fluffy PR making an announcement like all the others, making things look good, allow BEHL to sell some more shares as the stock maybe pops to 0.0006 or even 0.0007 and then falls back again to 0.0005, 0.0004 or even lower with 48 hours. This has been the pattern all year. The pattern was shown clearly in the month-by-month chart posted by FGB (see post # 103976 ). It has to be clear to all that this stock and company is going nowhere but down the toilet IMO. You should consider selling into the rush after the next PR and saving what's left of your money. Or sell half then and gamble with the rest - I bet the first half will be the only half that brings you a return. JMO. Remember that there are 5 BILLION shares out there and Fisher holds the equivalent of another 10 BILLION in founders shares. At todays close ($0.0005) those shares would make the company worth $7.5 million - for what? They are the construction arm only, have yet to build anything that works, yet to make a product, yet to sell anything and have recently laid off their algae expert and their construction crew.
They have not completed construction of the 1 acre as far as we know, and I can't imagine DF would fail to PR the event should it ever happen. Fisher let his construction go a couple of months ago - so there is no-one there to put the pieces together anyway. The last we were told was that the harvester didn't work, and that they need to build a lab to do the extraction (and if this is supercritical carbon dioxide as used by the already commercial players it will cost $1 million or more to build) - so there is no way that anything will be delivered this year. Supposedly the strain growing in Santa Ana is Haematococcus which turns red when it is ready to deliver the desired product (astaxanthin) - no sign of red yet (and no activity out there any more since he fired his stars like Sanchez and the Paxson boys).
From the 2 year history it certainly looks like the intent has all along been to fool people out of their money. From the very beginning Fisher (the founder, who will walk away with any proceeds) has pumped story after story and promise after promise and failed to deliver anything. First it was biofuels when that was the rage, deals in China, South America, all over the USA. then omega-3's then astaxanthin but he has delivered NOTHING except a few plastic bags in Santa Ana with a webcam to make it look like something is happening. Now he has given "all the assets" to a new "shell company" (see BNPD on this board) which is a failed beverage company in Nevada (and a 5000:1 reverse split earlier this year) first making the husband of his personal assistant President and now populating the management with himself and all his cronies. This leaves BEHL as "the construction arm" who will build PBR's (photobioreactors) to grow algae. Then he let the construction go - so now you have a constrction arm with no builders, never built a functionning PBR and there are 5 BIILION shares in the hands of 7000 shareholders like your ex - who (at least for a while) believed all the stories and dreams.
if you really want to invest in algae go with a real company like Gognis, Cyanotech or Martek (or others).
Sadly your ex-husband left you with a real turkey. The chances of this stock going anywhere but oblivion are zero. Just think about it - all the plans and promises resulted in nothing; no deals, no products, no PBR, no grants, no new HQ in Utah, no omega-3, no astaxanthin and the list goes on. Then Fisher (the founder) gave "all the assets" to a new shell he created (BNPD) leaving BEHL as the "construction arm". Sadly they have constructed nothing and supposedly will complete one acre in Death Valley Junction - but half way through he stopped paying the construction crew and they left the company. So he still has half an acre to build and then a harvesting system and a lab to extract the products (but he has no technology, patents or money). If he ever did complete his one acre he would be competing with CyanoTech (90 acres) and more than 3 other companies who are already incumbent in his market with proven algae technology. In the meantime he diluted the company from a few hundred thousand shares a year ago to 5 BILLION now - plus he holds the equivalent of another 10 BILLION in founders shares which he can dump in January. So either he has some mechanism of turnin his 10 billion shares into BNPD to play that for a while (maybe the 10% "dividend" is the mechanism) or he will try some ridiculous PR in January - hoping that it pushes interest enough in the stock to enable him to dump billions of shares through his friends (at 50% discount). So I offer little or no hope to you - either cut your losses and sell or do as some have been doing for months - avergae down by buying more of these worthless shares and hope for a miracle. Good luck! Your ex is a schmuck! (IMO)
More than a theory to date. But yes a theory on his Founders shares. How else can he turn them into cash? Sell at half price and then have those invetors sell quickly before driving the SP to zero.
I am sure that this is exactly what is going on. DF and his buddies dump 10's or 100's of millions of new shares into the hands of "investors" at 50% discount and then they in turn dump as many as possible as quickly as possible into the market. DF gets his money with no risk while the "investors" make a decent return for their short-lived risk. The only suckers are the longs and others buying more and more. Presumably this is how DF will sell his Founders shares (equivalent to 10 BILLION shares in BEHL) in January. Just think - even if BEHL is at .0002 by then, he would still clear $10 million (nice reward for 0 achievement) and the stock goes into the ground.
Lowest cost and the best. How do you know? Even DF can't name a price and he has yet to grow 1 gram of algae oil. How bout the commercial PBR's already in use?