Friday, December 24, 2010 9:45:06 AM
First "Fisher" says he raised $2.5 million and spent $3 million leaving BEHL $500K in debt. Others say that he raised more like $7 million.
Let's do the simple math. Assume that there are 2.5 billion shares O/S ("Fisher" conveniently doesn't know) out of the 5 billion A/S. We know that some were sold at 0.01 and some even higher, whereas recently there sold for a lot less. Let's assume a conservative average of 0.003 then selling the shares raised $7.5 million which leaves $4-5 million unaccounted for. Where did that go? For example if some of it went into fancy real estate (in AZ for example) would that not be an asset of BEHL and be used to reimburse employees and creditors and even S/H?
On BROWNFIELD REMEDIATION it appears that "Dennis" regularly paid Nancy and Ben "Fisher" and their company (run out of the "Fisher" home while Nancy was secretary and board member of BEHL (but never seen at the company)). So my question on this one - what did they and their "company" do for BEHL? What brownfields did they remediate for BEHL? Was this legitimate (I can't imagine)? Let's get IRS and FBI and SEC on this trail. Is this how "Fisher" got $$$$ out of BEHL for his "hobbies" and avoided income tax in the process.
There could be $5 million of your money at stake here folks - file a complaint and let's get it investigated.
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