Blue Sphere Corp. (BLSP)

[citoyen]

pba... pretty sure you are incorrect about both the uplisting and the revised amount the company is intending to raise, now 12M i believe reduced from the original 15. Some is being raised by Maxim, blsp's investment banker on a best efforts basis (this 1st 4m, i believe). the remainder will be raised by blsp itself...and i believe a large piece of it is already done. i believe the revised S1A has been put out re Bluesphere's piece..a couple of weeks ago. But I may be mistaken.

to get the whole story, you should speak with Matthew Henninger, bluesphere's IR person in NYC 212 355 5134.

btw...if i understand correctly, no PR's are allowed until offerings are closed. they ARE allowed to do 8k's and other SEC-docs however, which i believe they did re the RI plant startup recently as well as the purchase of the 2 add'l italian facilities...

the strictness re PR's right now is a shame as there appears to be a TON in the works, but unless it is definitive and can be 8-k'd, bluesphere's lawyers prohibit anything that could be construed as trying to boost sale of new stock. a bit of a catch-22, but management is right to follow their lawyers advice re this. last thing we want is any trouble with SEC and NASDAQ !!

agree it's frustrating for all concerned in the meantime, but we should be nearing the end of this crappy period. call henninger for more....