Blue Sphere Corp. (BLSP)

[Hystart]

THat is what I suspected but sometimes people dredge up stuff from the Internet that I missed? Probably another case of "Saying it does not make it true"? The PPS does look like it is poised to break into the $0.002s which will again be another 52 week low. Based on War Machines info there appears to be a LOT of shares put on the market in the last 60 days.

My prediction is that the 3Q will look really bad in terms of cash flow. BLSP has a lot of senior management to feed (the loss of the CFO will save them 200K+ per year. This takes a lot of cash, as they are not cheap. I have not see any news regarding a new investor, so they are relying on cash flow from operations to stay alive. Last 2Q showed that cash from operations was negative so I am very doubtful that it has improved.

I still see BK in the cards? I see no reason why they would not follow all the rest to the bottom?