Biocentric Energy Holdings, Inc. (BEHL)

[BigBake1]

You have to laugh at some people when they do not pick up on what is about to happen here, the CEO of BNPD is who? The Chairman of the Board of BNPD is who? The main investing idea behind BEHL, growing algae will be under which ticker? How come all of the assets will be acquired by BNPD?

What you have here is one of two things, they acquire BEHL and all of its assets leaving a shell that will be sold off later on. Or they reverse merger and in the process wipe out all in investors with what is an RS. They are RSing in either case when you look at it, but with the acquisition BEHL is getting a better deal. They just give current shareholders a tenth of their stock at the current PPS which means a huge loss in equity.

This is being telegraphed well by BEHL, and I am sure someone will chime in saying “but they are making BEHL the construction arm”. Well that is nice and all, but what will likely happen is one of the two cases above due to “A business decision that was more favorable for the company”. It goes right in line with “All 250M shares will be restricted for a year”, or “We will be profitable by the 2nd quarter of 2010”… so on and so forth.