Wednesday, December 30, 2009 4:19:17 PM
It specifically talks about knowledge that was lost when political manipulation of BEHL's field occurred. And it was during Carter's time. The algae to fuel industry has been manipulated and under fire for over 30 years. That period of manipulation is the same amount of time BEHL's research team has been involved in algae research.
I especially enjoyed the talk about how the decrease and vanishing of funding is directly tied into the proliferation of ethanol-based fuels. Ethanol comes from corn and soybeans as examples of two inputs. Anyone who receives any type of government subsidy to grow these crops has a vested interest in seeing BEHL fail. And why are govt. subsidies needed for corn and soybean based fuels? Because complex feedstocks will never be an economically feasible replacement for oil fuels.
I hope this gives investors here an idea of why you see what is occurring in this stock from forces (not good vs evil like some put it, but rather established industry vs. an infant industry looking for a bite of their pie) that would like the status quo to be maintained. In addition, you have the commonly accepted belief amongst a number of traders and investors that 98% of pinks fail, adding more pressure against BEHL's success today.
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