GOLDEN STOCKS

[stockvader]

$20,000,000 Budget for Purchasing BLSP's Shares.

This COULD well bring BLSP share price to 0.50

"EVEN YEHUDA, Israel, August 22, 2011 /PRNewswire via COMTEX/ -- Blue Sphere Corp. BLSP +18.25% (the "Company", "Blue Sphere" or "BLSP") today announced the signing of a $20,000,000 Equity Funding Facility with Centurion Private Equity, LLC ("Centurion"). Centurion has committed to purchase for cash consideration, subject to certain conditions and limitations described in the agreement, and subject to an effective registration statement, up to an aggregate of $20,000,000 of BLSP's common stock over the next 36 months."

Share Structure
Market Value $17,672,642 a/o Aug 22, 2011
Shares Outstanding 118,608,333 a/o Aug 11, 2011

www.marketwatch.com/story/blue-sphere-announces-opening-of-a-20-million-equity-line-of-credit-2011-08-22?d=nbst