Biocentric Energy Holdings, Inc. (BEHL)

[BigBake1]

Often it is talked about what would make someone hold a stock into the ground and how it would be great to write a book about such thought processes to convince someone to hold when it is transparent what is happening. Right now BEHL has no employees, just one officer, it has no revenues but in fact massive debt. It has placed the clients property in jeopardy of having lien placed onto it from unpaid contractors. The client has terminated any further business with BEHL because of its many failures to meet the conditions of the contract and also for creating possible financial hardship if the liens are placed onto the property.

The PBR at HQ is nonfunctional and it has no means of becoming functional, it is the only true asset left at BEHL and it is a useless grouping of plastic tubes. Nobody with money will give it to such a person like Dennis Fisher after performing Due Diligence. He will never get a Government loan because of his past, this is why he has avoided the Government all along. He has not told the shareholders this because that would stop them from thinking anything is possible. Soon if not already, lawsuits will be filed from various vendors and contractors and other entities to trying to recover monies owed.

The stock is trading lower each week and has already traded at .0001, it is just a matter of time before no Bid. There is nothing fundamental the company can offer shareholders, as it has lost everything and owes too much money to rebuild. Tax selling will increase through the month, and not many people will hold onto worthless shares when they could benefit more with writing off a loss at this point. The company has been dark for some time and has not made a single Press Release as the price has continued to go down. Eventually even those who are disconnected with these boards will figure out that something bad has happened.

So when you read a comment like this

“For the record, I remain cautiously optimistic. I do think things will improve , although it may be a slow long haul. I dont believe its even close to over. Anyone thinking of selling now is certifiable. Hang in and see where this goes. I think in the end you will be glad you didnt join the people who panicked and sold.”

After knowing all of the issues above it makes one wonder how anyone can think BEHL has a chance in hell of turning this around when the obvious lays right out in front. It is not going to get better and in fact it will get worse as Vendors/Contractors/people will want their money and they have been put off for months from being paid. Hanging in there leaves one with a stack of shares in a worthless shell that will likely be sold and RSed in the future. At least selling offers some money in the form of what is left and a tax write off.

But the real crème da le crème is a comment like this:

it is the people who SOLD out that are angry and frustrated more and putting down the company. anyone with stock now tends to be more realistic.

Anyone with stock in BEHL tend to be more realistic? Based upon what evidence, as the company is going belly up? Stating that it will suceed is not being realistic given the real conditions of the companies financial health currently. The trading also conceeds it is done, along with the “no response” from the remaining officer of the company. Anybody with stock in BEHL that thinks that all is well and this is just a mere stumble in the process has lost any sense of reality.