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I like the story you lay out there....it could be true, and if it is, we are in for a lot of happy days!!
Really good question.....!!!
Also, if there is new management, why now? who are they? what was going on behind the scenes in 2010 that prevented this from happening then?
Intrigue....
Let's not call this a dead cat yet. As someone else posted, it is all about the split...how much is it???
I still say that they have not done the things that make it a stinky pinky:
1) False PR pumps
2) Dilution
Yes, they are doing an r/s, but with 3B shares. Now I agree that is a decent amount of shares, but my thought is...why didn't they dilute in 2010 to r/s in 2011? Would have made a lot more money that way.
Now could they r/s to then dilute? Yes, but that seems more complicated and a lot more obvious.....especially considering the lack of PRs....
From zero to 87M shares???
1) Knack: Why have you gone silent regarding the warehouse contact you have? Any news there?
2) Does ANYONE have a link/connection to Brian? Is anyone talking to him? I know that he used to talk to people....
3) Aside from the BEEN website, is there any evidence that Riddle exists, has done anything, has any contacts, etc.?
4) On the BEEN website it states that they have operations in China. Has anyone been able to validate this? I have tried but failed.
Tall - how do you get this stuff??
Knack - any update on the warehouse from your contact?
GLTA
Somewhere over the rainbow....
The r/s is 2:1
The r/s is followed by anouncemnet that bricks are being delivered to customers and sales are equal to or more than expected.
Gas rights on property have been resolved and back payments have been provided in the millions
Hunting lodge is fully booked and making money
Coal mining rights....
Crap, I woke up!
So, there are 3B shares outstanding.
Realistically, how low could they go?
2:1 = 1.5B
3:1 = 1B
5:1 = 600M
1000:1 = 3M
Knack,
What happened to your contact regarding the warehouse? Do you have any news?
TIA
They couldn't have announced the new management, etc, first???
Stock tumbles...........must be time to buy.
No news.....what is happening here? Only a few weeks ago at .012s...
And the nay-sayers are out!!!
So, I will not say to be patient, because most of us have been patient. I am not going to tell you to trust Brian, because trust is earned, but I will say this.
I did a lot of DD last year. I spoke to Mac several times. I spoke to Brian a few times before he went dark. I contacted various offices at South Carolina state government (departments of commerce and energy) and I can tell you that, until Mac decided that his other endeavours were more important, they were making progress. They had, and maybe still have, relationships with key people in the government departments. They were discussing projects just as Brian stated in his PRs.
Now, is/was Brian all talk? Were all the talks, etc., just for show? I will tell you that is a lot of effort and money spent for just show. And for those who are claiming that he is dumping shares.... you really think that he and his Board are scheming for a few tens of thousands of dollars to be split amongst them? Remember that it isn't just Brian...there are other people...
Be cautious...ask questions...but also note that Brian could have left this alt. energy dream die with Mac and move onto something else, but instead he is sticking with it....
Now 2011 has got to be the year that he shows us real progress, real measurable accomplishments that we can see for our own eyes and that involve other organizations that have real operations, etc., unlike BEEN.
JMO
Well said. I would also like to add that one of the biggest issues that Brian had with Mac was that Mac would not personally invest in SRE and demonstrate his commitment to SRE by focusing on SRE vs. his other initiatives.
Brent Riddle, for what it is worth, has committed $1M and resources to ensure that the plant is operational. That is a HUGE difference.
If successful companies were easy to build our economy would be a heck of a lot better than it is now.....I
Well, edge and his buddies are BEYOND pot-committed...he has no choice but to be confident.....
The stock price is what it is because there is no solid news that the warehouse has been acquired. while it is great that they have improved the reporting status and they are at/went to the conference...the question is..."DO WE OWN THE WAREHOUSE!!"
Knack....any confirmation of the warehouse purchase?
Well, I think an R/S is coming...once the company is profitable....that was Brian's plan back in the day that he thought he was going to get the $25M government money....but that is a long way from now...
Anyway, looks like he is finally going to make good on his promise of a company....still left to be proven, but the last few weeks have shown promise....
And if Knack is right and the warehouse contract is going to be done today, we are well on our way.
With 5-6B shares trading, we are still in a good position for significant profits....especially if BEEN partnership proves to have some additional value in the marketplace. But that depends on whether or not BEEN CEO is someone respected....
I like the pps fine where it is right now. Allows me to buy more cheapies while the story unfolds in front of me. At some point, MMs and others will not be able to control how this stock trades...
But for now it is patience...
Thanks for the post....sadly, and I am really not trying to be negative, but very, very little of the PR was actually "news". We already knew everything minus a few buyout details....
The 3rd and 4th paragraphs come from prior PRs...
Disappointing....IMO. But it is confirmed progress.....
Still, I see no impoact to the PPS based on this PR.....
I agree.
I am glad my post had the results I was hoping for...a more realistic conversation. I have no idea what is going on, whether or not the weather could become a factor, etc...
I just know that this board is full of posters making wild claims that have no basis on reality and do nothing to influence the pps.
If posters are going to make wild claims, at least do so that it makes the pps move!!
This is not directed at PAMOO...just to everyone in general
First of all, when did this board become a discussion board regarding OBAMA....
Now, back to SYNJ, what has BEEN done to prove itself to being anything more than a website? Tried calling the office? Glad that they announced the $1M, but that is not enough for me to believe that they are real.
And all this excitement that BEEN is trading at $3.00!! With it's low volume, how can you get excited by that????!!!
I am hopeful that this is real and that progress is coming...but there is nothing yet to be excited about...not until the warehouse purchase is COMPLETED and announcements re: onsite progress is made.
I keep telling everyone, chill for 2-3 months...it is going to take that long to get things really going....did you forget that it is winter they are not likely going to do all the repairs, etc. in the middle of winter....not likely....
While I appreciate watching BEEN stock is a great sign, keep in mind the ridiculously low volume....heck today's total volume equals $1,000!! Not exactly something to get too excited about...
Just saying that we need to be realistic....patient....
And the silence is deafening....
Just some questions during the lull....
1) How did BEEN and SYNJ get together? BEEN is located in Washington state.....just saying that is far away from DC and South Carolina....
2) If BEEN gave SYNJ $1M, that is because they see SYNJ valued at $5M which would then mean that the court case is either done or going our way, no??
3) Has anyone called BEEN? I called the office...voice message...no real company? Although their website claims operations in China.....
Thanks. I think I will wait to see the 2.0 version which apparently under development...
Wow...seems like you took my post personally.
Look, 140,000 people is great number for a non-profit oriented site but not nearly anything of value from BUSINESS perspective. The site needs to attract a lot more people.
Glad to know that there is a 2.0 version coming out.
And for your information, we don't know how many people did not register who visited the site because they did not like the site.....
Has anyone gone to the site. It is pretty bad site....not user friendly, sophisticated in any way....not sure I see a lot of upside of this acquisition based on current design...
2011 is the year for BCND!!!!!
Maybe he knows something, but I doubt it...same stuff people were claiming last year at this time....if you ask me. Patience is what is called for....these guys do not move quickly....
Is there any evidence that the company still is operating??
Let's get confirmation that the warehouse is purchased...first step first.
Let's just hope that this time around Brian puts out PRs that create momo.
I don't want to see a single PR a month from now just telling us what we already learned from BEEN. He needs to give us new info and keep the train moving!!
The smartest post today!
1) Many people already bought a lot
2) New blood/money is needed not more of what is here to get the stock moving again
3) People are confident but have been through this before with this stock so they are not losing their heads
4) Apparently the A/S is 10B per earlier post. If that is the case, people are probably not a confident about the potential pop as they claim....I did not know the A/S was 10B when I previously stated that the stock would be at .02-.05 in 365 days. An A/S of 10B even with BEEN coming in with $1M is a heavy beast to move.....
GLTA
Bud,
I am not down on this stock. As a matter fact I am pretty loaded up here. I just wanted to understand why the key people on this board think that this time is different than the last. I think that is a fair question, and I think that it is good to know that people who are excited about the news aren't just pumping...
Personally, I see .02-.05 within 365 days.....
FYI: I am restricted to one post a day on this board....
Pamoo/Tall/Cap,
You guys are all doing great work but, and I really don't mean to be a wet blanket, but how is this any different than what we went through a year ago?
There was an LOI with Methes and with a warehouse and it went nowhere.....
I am hopeful that is not the case, but I would like your perspectives on how this is different this time around....
Wow - A PR that they are in process of finally acquiring the warehouse and NO movement? No more faith out there?
See you all in 3-4 months...when the real fireworks happen...(IMO)
Has anyone tried calling EESO office to get the company's perspective regarding the court results?
I am extrapolating. Yes, I still believe that this company has an opportunity to make money. There are several things that concern me but the fact that they still own the property, have not been taken to court by the Township after all that fighting over a year ago, the fact that they have brought resources and equipment to clear the area, etc.... tells me that they are interested in doing something.
Someone give me one reason why he would go up to PA and do all of this, even respond to the newspaper article if he isn't trying to actually do something?
I am happy that we are all waiting. Got a plan to load up more in Jan - Mar 2011. I think this thing pops big time next year.
According to last PR, they have cleared everything to now demo, so I will make the logical assumption and say that we are going to see GREEN in 2011.
So...is there any news here or are we all waiting for news??!
Anyone heard from Brian?
Don't use the short term action as a true indicator as to how the stock will react.
The lack of upward movement is due to the lack of clarity regarding the buy-back and potential future split(s).
If they announce a 1-2B buyback, even a 500M buyback, with a confirmation of no plans to do an RS in the near term, the stock will move up again.
Also, while the last PR indicated future revenues, they have not laid out a post December plan.