Blue Sphere Corp. (BLSP)

[Hystart]

Sorry, just looking at their history of taking money from people and not giving much of a return? Maybe I am negative on them, but they have burned a lot of money, sold off most of the assets that the money built and are struggling to execute on their BPlan. Help me with understanding the facts? I am more than willing to be hear another side of the story???? All I can do is look at news, look at the PPS, look at financial data, look at their Bplan, look at results. So yes I am negative as I do not believe in their plan. As I have said before, what are they doing different? No technology, no management skills in the area, no sourcing of feedstocks, no operational skills, no money, no off-take expertise? Help me, what is it they really do????? How do they expect to make money? Buy technology from companies, buy project management skills, buy substrate sourcing, buy operational ability, buy off-takes and pay high rates for borrowing money? Not a good formula to make money at least in my very limited knowledge of the business.

As I have said MANY times, this business has very skinny margins, you MUST have CORE competencies in a least a few of the areas required? I could be wrong and maybe they have a secret formula, but I have not seen it yet. No sour grapes, although they make great feed stocks!