is...doing my DD Jay Landals, suggesting others do the same
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From what I gather, it seems the writing was on the wall for Shen once RWE lent their expertise to the PBR.
Given what pickard posted and his previous discussions with DF regarding limitations on Shen's initial design, it just reinforces that the relationship between BEHL and Shen bore out all the fruit it could bear.
The Siemens-RWE control solution was the door closing behind Shen.
6.6 million for the Omega 3 deal.
Let's say for poops and laughs that's all BEHL makes in 2010 as the order has to be completed by Dec 10.
6.6 million divided by 1 billion shares = .0066 per share
10x = .066
15x = .099
Just imagine what PBR sales, royalties per pound of production, monitoring fees, and maintenance contracts will do.
Go check the December filing.
There are revenues.
And sales of the desktop model and culturing station occurred in January.
Please read the PRs and filings, basic parts of DD, before making such obvious errors.
Having worked in a hedge fund that got involved in deals like this, I can tell you the assumption the funding agreement is for shares/control is almost 100% wrong.
There is no support for it. It is a commonly used 'mistake'.
He will bring up the P guy shortly as he has already ran through Dan and Dale in other posts.
Any word on additional sales of the desktop units and/or culturing stations since we were first informed of those sales in January?
I would imagine with the amount of universities looking at algae related science, BEHL has received a number of inquiries about their low cost, easy to use equipment.
IMO, you can't compare the two. Share structures are entirely different.
Work harder! People are ask slapping!
I know if I had Sarpalius' current job, there would be little to no way to convince me take the CEO position.
All he does now is handshake and eat high priced lunches. That's a job made in heaven.
Sarpalius.
Check out his current gig when you google him.
Multiple PBRs to be up and running as parts have been sent to Georgetown and the V2 Harvester is ready to go.
I'm more excited for that than the new CEO.
Check out Naked Juice.
http://www.nakedjuice.com/#Homepage
They have juices with Spirulina and Chlorella. They also include Omega 3 in some but right now it is derived from flax seed.
Thank you. The NASDAQ 2 year goal seems very lofty.
$3.00 share price = market cap of 3 billion.
15x earnings = 200 million earnings
.10 per share = 100 million market cap
15x earnings = 6.6 million earnings
That's quite an increase in sales/revenue
Thoughts?
You might want to try again.
Here's what Carnac is saying:
No, we just shipped 30 turns to them for the PBR. They have the blueprints to our harvester and are making changes on that to create the 3rd gen harvester. It is very much alive.
Look at what you posted about:
Version II.
Slow down and breathe every now and then.
Take that 5 million.
Divided it by BEHL's current market cap.
That number = you pretty much hit the nail on the head.
THAT'D BE HUUUUUUUUUUGE!!!!
This makes sense.
Thanks.
Black Mountain Equity Investor Focus
http://blackmountainequity.com/investment-focus.php
Industry / Sector
¦Sizable with significant growth (>5% per annum)
¦Fragmentation among market participants
¦Strong industry profit margins
¦Low-to-moderate capital intensity
¦Limited seasonality / cyclicality
¦Low-to-medium technology risk
¦Minimal regulatory risk
Company
¦Strong reputation and values
¦3+ years of continuous profitability
¦Leadership / advantaged position among competitors
¦Recurring revenue and / or low client acquisition costs
¦Low customer concentration
Management / Existing Ownership
¦Yearning to exit the business or focus / specialize on a particular aspect of operations (e.g., sales, geography)
¦Desire / ability to partner with BME principals during transition period (or longer as applicable)
¦Experienced, driven middle-management
¦Strong, positive employee relations
Financial
¦Transaction values up to $75 million
¦Revenues between $5-$75 million
¦EBITDA between $1-$15 million
¦Healthy EBITDA margins (>20%)
¦Strong balance sheet with low debt
Finally the truth comes out!
How did Dennis force you to buy and keep you from selling?
Shouldn't there be a party going on up in here?
http://ih.advfn.com/p.php?pid=nmona&article=41709371&symbol=BEHL
Dennis has yet to draw a salary.
He has stated numerous times he won't until BEHL is profitable.
I'm not worried.
I feel for Dennis, though. I think some of the blame laid upon him was unwarranted. With him still there, I have confidence he will be better able to direct his energy to add value to the company.
Especially if the 150 acre farm is his baby to bear under a new CEO.
The new CEO appointment answers why the share count was increased.
New CEO = new compensation.
The guy has hit the ground running.
Most likely, Dennis wants to concentrate on developing the 150 acre plan further.
He's tired of hand holding and coddling investors who used next week's grocery money in hopes of a continued run or run back to .15.
A CEO wears many hats. A VP of Business Development does not.
I hope he ironed his shirt!
LOL.
At least you're upfront about your target buy in price.
GLTY.
"If you go into the $200 region I can show you a chart that says it takes 5-8 years before you get your money back. In this environment that doesn’t make sense. I can show you on our charts that within a year you have a total payback solution and you are profitable. It’s all about how much it costs to make it."
#1 reason I'm here.
A concerted effort to say the least.
I'm content waiting for the PBR.
And you should be too.
*waves Jedi hand*
Last post of the day.
*waves Jedi hand, induces iHub to gift free subscription*
DF PR'd the 150 acre plan. It costs money to finance the leasing and groundwork/excavation.
In addition, no one knows what the agreement between Shen and BEHL was for regarding his compensation and resignation. Could shares being sold by the company go to pay Shen for his return of his restricted share compensation package?
How many corners would be needed for 150 acres? What size of a down payment would be needed to be placed in escrow for the manufacturer to start producing those corners?
Or the tubing?
Would things be different if PBRs were being sold? Of course they would as that would mean multiple revenue streams would be engaged and earning BEHL monies.
Funny how all the pinkies on my watch list were down big numbers as the day rolled along.
Now, they're all down about the same as BEHL.
These are not the shares you are looking for.
*waves Jedi hand*
Geez, even my Big Board watch list is down the same %.
Given the fact that I ate eggs over easy for breakfast today and also the day of the CC, I am assuming there is some correlation between's BEHL's PPS and my breakfast choices.
Tomorrow I will fast and concentrate on moving BEHL's PPS north with my mind powerz in order to keep the board more enjoyable.
I apologize profusely to the uneasy shareholders of this board regarding my poor choice in breakfast foods.
People should not invest in or sell based up an individual's postings. I know they do, or greedy wouldn't be here and making $$$$.
It could be much much worse. We could be disclosing facts about our company like this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46976829
Which tells you why the axe grinders have time to hang out on BEHL board.
LOL...read his post again. Tongue in cheek this time.
I sent him a microscope and two glass beakers. That should complete the, ahem, 'lab' the new girl is working in.
I also heard the increase in shares is for the purchase of new BioCentric shirts because Dennis keeps spilling the purple juice all over them and ruining them. It is definitely not for financing 150 acres of land to get the ball rolling on a BEHL algae farm.
I could not get myself to vote for Dennis.
Allowing the rain to fall in Santa Anna and delay the PBR was inexcusable. He should have handed out 10 million shares to the clergy to have BEHL's back.
Let's look at both sides of this picture:
A purchase goes thru @ .0109.
Would you agree it is higher than a price of .01?
Why would someone sell at .01 if there are buyers at .0109?
Of course, there are those that play the markets to lose money, right?
Hmmmm...back to even?
Gotta prove the equipment can do what it says it can do. Plain and simple. If this PBR does what BEHL says it can do, it will be the equipment everyone invovled in algae production will be using.
Look at all the claims out there regarding a simple engine modification to get 200 mpg. Then when it comes time to prove it, the car gets 200 mpg while topping out at 4 mph.
Time is money. Players are letting BEHL do the proving and tweaking and revamping on their dime and time.
Think about what repair said in regards to shorts:
If the FINRA list is just shares that have yet to be delivered (or the majority are), what stops the MMs from selling high one day, walking it down to buy a day or two later, and then filling your .011 buys from Day 1 with .01s from Day 2 or 3?
We all know pinks are the Wild West of the exchanges, right?
ETA: I know this is not a walk down, there have been some very large sales today. But it adds to the sentiment/pressure of iffy holders/short term players.
The only person I trust with my money and investments is me. I know my agenda.
And my agenda is saying the PBR is almost up and functioning, parts should be making their way to Georgetown soon if not already, and algae is the talk of everyone associated with green fuels.
And if algae fuel turns out to be two years down the road, I'll gladly wait while Alta 3 continues to sell omega 3 oil and Spirulina supplements to a growing nutritional supplement market.
People are entitled to their own opinion.
Ask yourself this...what were your expectations for revenue at this time when you first invested, how did you arrive at that expectation, and what has changed that would affect that expectation from Day 1 you invested until now?
I'm disappointed in revenues now because PBR sales are nonexistant. But I'm only disappointed in what I expected to be sales from the PBR that should be occurring now because of what I knew at the time of making those expectations. Did things happen to change my expectation of when sales should have started. Yes, a lot of hiccups and tweaks. Startup bumps and bruises. Hold ups in customs. Development of new more durable UV tubing. R&Ding modifications on an OEM harvester.
Despite all those bumps and bruises, tweaks and hiccups, the PBR should be functioning shortly. Then it is verification time that improvements are actually improvements and numbers are those expected or better.
When Dennis proves his PBR does what it says it can do and gets pub from the third party, who will be pulling a chair up to the table?