Blue Sphere Corp. (BLSP)

[Hystart]

THis looks like the same presentation or at least very similar to what the rolled out in Q1 this year? I suspect the holland slippage is due to lack of funding. I do see a new slide that talks about gasification. This is thermo chemical process that has not yet gained any commercial traction due to high costs and low gas output? It is also VERY EXPENSIVE! I do not believe gasification is ready for primetime.

BLSP must show a HUGE project pipeline to get investors interested. I am still not convinced they will execute any of them. Unfortunately for BLSP the projects they have completed are duds and not producing anywhere near the returns they originally indicated. Investors do not like it when numbers are missed. It would be very doubtful that any of the investors from past projects would have any interest in future projects. I know from experience that investors talk to each other A LOT! Bad news travels quickly.

Building new facilities when past ones have failed is Ground HOG day!