Biocentric Energy Holdings, Inc. (BEHL)

[el_loco09]

I'm out :(

So, it took all day but I managed to sell all 1.25 million shares for .004. I got into this September of 09 and thought I could make it to at least one year to see if something good would happen.

It's been nothing but frustration starting from day 2 of having purchased it. I averaged down until I had 1.25 million shares at $.02193. That's $27,415 in and $5,000 out (less 9.99 of course) for a loss of 22,000 and some change. I should also add the $150 to $200 spent on Glenfiddich single malt scotch.

For me, the final straw was the AS getting raised another 500 million shares. A share structure of 1 billion is already ridiculous. With the potential of more dilution on the way, I just don't see how the common shareholder can prosper in this stock (even if BEHL starts showing decent revenue). It's a given that at some point in the future they will have to do a reverse split to make the share structure more reasonable.

Good luck to remaining believers (you are going to need it as the odds are against you).

Between this and the sponge peddlers I think I'm done with stinky pinky land.

I think growing algae is a wonderful idea and I hope the technology pans out. I'll lurk here and see what happens. I'll try to think of my 81.8 percent loss as a contribution toward something that might help the planet someday.

I'm not going to say, "It's been fun" because it has not. But, I will say one more time - don't bet on pinks with money you can't afford to lose.