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These guys do a good job building anaerobic digesters. It will be interesting to see if they can figure out how to make money at it.
Interesting info, but NONE of it is from BLSP. If you remember last year, there was a lot of information floating out there from various sources. SEC decided that most of it was fraudulent and SEC eliminated the ability for people in the USA to buy the stock. And of course the PPS tanked.
So only time will tell if any of this info is true, and only BLSP can confirm anything. All other info is just speculation and if like last year much of it could be made up.
History of this pig says they are broke and have no commercial presence. Lets see if we hear from BLSP this year, as it has been years since BLSP said anything publicly.
??? Good luck. You might want to wait until SHMP publishes some financial information? NO REVENUE means lower PPS. Why spend you money now unless you really think they are going to show big revenue???
Some Nut posted on SW that SHMP produces 10-12 Oz shrimp in 8 weeks.
Seems like a lot of false info being published.
Yup, History repeats for Duffy and VSPC!
I actually am looking forward to your posts. I really want to know who and what is whispering to you about VSPC and if you will be right this time vs all the times you were wrong last time.
But you are trying so maybe you will get it right!
Cannot Wait to hear about what you know regarding VSPC, or is it top secret again?
You have been here a while and have not been wrong yet. People get "wrapped around the axel" when someone posts facts that may not be positive for BLSP. I have been here a while as well and the vast majority of those pumping the stock have been wrong. BLSP has never made money, has always had a mountain of debt, and screwed up the two projects they attempted in the USA. Is that negative? No just the facts.
As an old wastewater engineer who still is practicing, I like to see new tech, but am leery of tech that makes no sense. Also as an owner of a wastewater company, I know the difference between projections and actuals, an old saying "it is tough to eat projections and actuals sometimes mean spam vs filets"
Will watch this one and will report back when we do the work for them in Iowa.
Just facts, not negative. History has a way of predicting the future. Look back at BLSP even when they were reporting. Their performance is been bad since they were founded.
All will get to judge them if and when they decide to publish financials. Until then it is only a guess at what they might be doing.
Only info I have is that they no longer have a presence in the USA. They lost all equity stakes in the 2 USA projects. They no longer have any management living in the USA, only a office space unoccupied.
And of course the last public notice when they filed their financials several years ago.
There is a record of their lawsuits as well. Most of which did not go well for them.
So no I have nothing more than that. Well of course there was the P&D back last year which caused the SEC to shut down USA trading due to fraudulent information.
For me I am on the sidelines until they can prove that the Iowa facility is profitable and the closed loop technology works. The lack of revenue and ify technology scare me a bit. But time will tell if there is something there.
I also hate when companies announce broad expansion plans when they have not demonstrate commercial viability EVER.
It will be interesting to see what happens with BLSP. Seems like last year when there was a big pump and dump about this time. No news from BLSP of course. And no one in the USA can even buy the stock. There is a group out there attempting to force BLSP to file financials which seems reasonable, but for the SEC to remove the CE label it will take a lot more than just financials. To get current with the SEC will take hundreds of thousands of dollars! I am not sure BLSP has a dime on their balance sheet, but is was based on their last K years ago.
Time will tell if BLSP is anything more than a shell for the creditors to manage until the assets are gone.
dondoofy, it is hard to read your posts based on your history of inaccurate posts. If you have ANY evidence of your comments, the board would like to see them. As NOTHING you have posted to date has been true
Josh might be right on this one. Hard to believe a premium price for small shrimp
I agree, but at least some investments are made in companies that have revenue, and a Bplan, and or leadership. BLSP has NOTHING
Yes to go to Chloramine, then remove with carbon. Skips nitrification step. Dangerous as Chlorine is so toxic, but could be could be cheaper?
Not sure what it costs to dispose and buy new carbon?
100% right, cannot tell you have many electronic gizmos for cooling towers and boilers I have seen. Magnets, currents, all BS.
NONE HAVE WORKED!
yes, did not see this one yet. Sounds like they also predicted 300-500K sales in Dec 2021 based on this PR. Will be interesting to see if they hit this projection.
I will do some research on their distributor to see what their history is.
Thanks!
Big, looks like just you and I are back holding down the fort for VSPC!
You understand that it was just a few thousand dollars changing hand
RIGHT?
Good question? WHat is the wholesale price, I would love to know this as well?
I hope you are right. We are doing some work for the technology provider so I will learn more.
Having been in the AD/WW bus for a long time, I have seen so many gizmos (particular those with electricity) that have been pushed out with a lot of hype and ALL failed.
It is really hard to prevent cycle up in open loop systems, particularly those with high inlet pollutant loads. Someone on this board mentioned cooling towers which are open look. They have virtually no "pollutant" load only cycle up and depending on the source of water, they can only use the water 2-4 times or so before beginning to foul the systems.
Love the idea, hope that it is successful, but my experience says that the technology will be a BIG problem.
If it works, it has SO MANY applications in industry.
The PPS went up on a few thousand dollars traded???? No one in the USA can buy the PIG because the SEC caught a few kooks on the internet that were lying about the company causing a few sheeple to fall for the hype. SO the SEC said enough and stopped the trading!
Give me a break, no evidence that BLSP has any commercial presence anywhere!
Wow, not been here in a few weeks. This one continues to be very unimpressive. The work we did for them showed me that they have not a clue of how to commercialize technologies. They are good at raising money, but they are not so good at getting a return on that money.
I think there will be more pain in the near future as the push forward with some of their pipedreams, making RNG from cow manure is going to really eat a lot of cash and it will never pencil when done, if they ever complete it.
Have not checked in on this one in a while. Nothing has changed. I thought I did see where they were going to offer an electric version? History says the electric version will be produced in the same numbers the original gas version was.
As I remember, ELIO has produced ZERO commercially available tricycles.
I would guess if BLSP ever does publish their numbers, they will be really really bad. So I believe BLSP is just a shell and will never publish numbers to the public. And if they did why would anyone invest in pig that has no income?
Well at least both stopped posting and hopefully stopped buying this pig. So much money poured down the drain on this one. Goofy management team who had no idea on how to commercialize anything!
I am on the fence on this one. Have not purchased any stock yet. in the DD phase. I need to see some more data to see if they are real. Seems like they have found money and have purchased assets, but the lack of income scares me, but what is really hard for me to understand is their technical plan. As an old engineer in the wastewater/AD buss I am a skeptic of the claims of making water in open systems last forever. Particularly water that is loaded with BOD/TSS/Nitrogen/TDS. It can be done, but I do not believe it can be done on a commercial basis. The technology is VERY EXPENSIVE!
I love the idea, but growing protein in salt water in the midwest seems tough.
Let's see what happens this year with their new facility. We are doing some work for them so hopefully I will get into the Iowa plant in the next few months.
I do not remember that? But we first engaged BLSP back in 2016 I believe and that is when I first started following them.
Just Vaporware at this point
it is all about fish poop.
I have done coral, the do not poop much. fish/shrimp poop a lot
Sodium will come in from the feed and will cycle up. Not if, but when the Na to Cl balance gets out of what it will effect the animals. Na is hard to remove.
The electro coagulation I was around in the late 80s and early 90s involved iron or aluminum sheets and an electrical current with dissolved iron or aluminum into the wastewater. The dissolved ions acted as coagulants. We then added a cationic polymer and flocculated the material to remove primarily metals and some oily wastes. The problem was that the same results could be achieve by adding ferric chloride and or ACH/PAC. This was much cheaper. I think the unit back then was made by ANCO? Sleep since then. As another poster indicated the soluble ions (cation and anionic) are all going to cycle up. The rate depends on how many animals are in the space, amount of food, and evap rate. Many things can be taken out with coagulation/Flocculation such as phos, some N, TSS, FOG, and a number of other waste products. But things like K, NA, CL, S, and many others will never come out with coagulation. So they will cycle up? Only way i know to remove them are through RO, DI, or evap.
I love the concept as it will reduce the burden on the wild shrimp, but I still cannot get my head around growing them far away from salt water?
I could be wrong on this, as I have been in the wastewater field a long time (Aeroic/AD/Chem-pHys) and have only done one project treating indoor shrimp farms. We used a DAF and traditional aerobic for BOD removal and nitrification, followed by an anoxic zone for denitrification. It worked, but we still had to "blow-down" the system. We grew them, but at a pretty big loss. The guy shut it down after a couple of years.
Good luck with coagulating soluble compounds. I have been in the wastewater bus for 40 years. Have seen a lot of stuff but have not see how to coagulate ad remove highly soluble compounds take sodium and potassium for example?
Electro coag has been around for 40 years?
Interesting on the way aquariums do the well, great idea! Actually constructed wetlands are used throughout the USA and are widely accepted. The key is "constructed wetland". The end pipe is the pipe coming out of the "constructed wetland". They work well and are very environmentally friendly.
Understand not using salt but lots of of other stuff WILL cycle up. Evaporation and and all the inorganic materials from feeding the shrimp as well shrimp scat will run the TDS up. Not sure how they manage that, but trust me it will cycle up and it is not CHEAP to remove TDS
Actually read it a couple of times. I may not be smart enough, but i do not get it. Lets see if it works, may take 6 months or so but we will know soon.
I thought they were attempting to grow shrimp indoors near areas where they sell at a premium price? Did I miss something?
Technically they are attempting to grow shrimp in high densities where they can maximize income per gallon. They are also attempting to grow shrimp with very limited discharges which reduces issues with sewage permit problems and or land application problems.
Again please help me if I missed something?
COGs is hard to nail down until after a few years of full scale operations. Yes it can be projected, but experience is better than projections.
Me I would put the facility on the gulf coast somewhere with fresh seawater access. Run the effluent through a treatment system and then through a constructed salt marsh for polishing to meet whatever effluent requirements from the Feds and State.
Would have to be cheaper.
Yup, the control mechanism for aquatic animals is actually pretty simple. Waste materials (NH3) are toxic as shit, so in low density the ammonia is converted to nitrite and then nitrate. All dirt simple technology. Ammonia is toxic at very low levels while nitrate can cycle up to much higher levels. But at some point nitrate becomes toxic and must be removed. It can be removed via "blowdown" meaning water is removed and made up with clean water and it can also be removed via denitrification in an anoxic reactor.
There are other problems with reusing water, mainly increase in TDS levels. As the water evaporates certain inorganic materials cycle up. Even when makeup water is DI or RO, since the feed brings in lots of inorganic materials. Closed loop system work when nothing enters them, but I am uneasy with raising aquatic animals in water that is not "blow-down" as is done by ever major aquarium in the world.
TDS is VERY hard to manage.
Hope I am wrong on this one.
Not really, I am an engineer and when you talk to the guys deploying the tech, they are not complete sure how or if it works? Have you talked to the guys? Hydrogen generator? Not sure what the mechanism is, but certainly the patent is not clear on how that makes shrimp grow faster or better?
Hey I want it to work, but also do not believe in snake oil. Show me how and why it works, so far I have not seen anything other than anecdotal evidence on pilot systems.
But if Iowa has deployed all these units we should be seeing real time data on actual performance soon? Maybe we never figure out the mechanisms, only that it works.
I will wait patiently on production data, as at the end of the day the company will live or die on production, not patents.
I saw that they have never really had revenue? Again, great concept, but as an old engineer there are a lot of issues with the facility plans.
Time will tell, but history has not been good to these types of startups. Huge sums of money get eaten and not much produced.
Hope this is not the case, but their technology is not impressive as no one I can find understands it? Including ME!