Monday, September 28, 2009 1:56:25 PM
What if Fisher & Shen along with the other beneficial owners of BEHL went out and bought a clean otcbb shell that went through chapter 11 at least 3 years ago and hasn't been traded since then. The commons are gone the preferreds paid off and no debt. They then set up a new share structure that is more reasonable, have a meeting among themselves and decide to buy the BEHL assets, part of Biocentric Algae and give the share holders 1 share for every 10 that they hold in the old BEHL. The shares cost them nothing since they like any IPO are arbitrarily priced more to what the market will bear than true value. The shorts & naked shorts are sluffed off like fleas off a dipped dog.
For this to pay off they have to know that contracts & profits are in the bag otherwise they would have just let BEHL die a slow lingering death and sold their restricted shares upon release.
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