BEHL Annual Status
As an investor holding restricted shares in BEHL I make the following observations and statement:
In the past year BEHL has performed miserably.
There still is no income streams nor outside investor interest within a year of it's former high of .15.
Despite the PSC fraudulant exercise and Behl's PR collaboration,
the share price has sunken to the lows of .0035 a 750% drop in share price. Today's close settled at .0038.
The $6 million capitalization has tumble to $3.5 or a $2.5 million loss of value.
Income and revenue streams have been nil to none other than one PBR for approx. $13k to a University and an investor turned Joint Venture Partner for an one acre PBR Farm in Death valley Junction.
There has been a 750 million share dilution is the allotted shares and an increase in issued shares of over 25% since July 2009.
There has yet to be a stabilized PBR developed at the Plant and we are presently waiting for the results of a 5th revised PBR to come operational as we write this report.
With these negative statements and as a concerned investor, I wish to hear something other than wishful thinking and boasts that "we believe in this company" They seriously don't seem to know what they are doing and they are all over the place with PR and Postings and only reacting to PR and investment board postings. The only thing to date BEHL has been able to create to date is a lot of PR and false promises. Target Dates have been missed , investors or potential investors have come and gone, promises of funding, Partners have abandoned them and CEO's and Directors are coming and going. As of this writing BEHL will have had four headquarter locations in the past year and had three CEO's and looking for a fourth.
Despite a idea of a great notion of building a giant erector set in the desert modeled on a Lab concept..there is no sign of professionalism nor has any business savvy surfaced.
When will they become insolvent and we all loose our money? Operating an insolvent company (namely, no working capital to pay payroll and expenses and selling off the assets namely, shares of the company and printing or authorizing new ones to be issued) is dishonest. With no concrete workable plan or objective in mind, literally trying to re-invent the wheel and bragging about it, and continuing to dilute, the shareholders value is criminal from a shareholders point of view. Many shareholders are in this company for over a year and have very high levels of share price costs, yet no sympathy for them only further dilution and promises.
If they can't get it done before the plug is pulled then perhaps the shareholders should make it happen and seek chapter 13 and get this company reorganized. Once the second quarter financials are submitted, I, for one, will be seeking an accounting as a creditor and shareholder for reimbursement of my investment and expenses.
In my Opinion
AI
