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Tuesday, August 17, 2010 12:01:22 PM
Market re-acts negatively to News!
BEHL share price has steadily returned to test all time lows.
almost 8 million shares traded in 1st 2 hours of market to day loss of another $1,000,000 of market cap and 12% down SP. Tanking of the share price is expected by open house
Despite the news and an explanation BEHL has failed to show where it's working capital will come from. The BNPD company has no viable resources and is in a re-organizational mode going private then re-constituted making a re-appearance as a new public company. How is BEHL going to survive unless they continue to dilute the market with their shares as they have been doing these past three months.
From the sounds of their PR they are going into the tourist business in DVJ showcasing their experiment in the Desert!
BEHL are selling shares into this weak market and diluting shareholder equity to raise cash! Neither BEHL nor it's new partner have revenue. They are simply contracting and bouncing news off one another.
In My Opinion
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