Blue Sphere Corp. (BLSP)

[balamidas]

big NEWS is inplay now READ WHY >>>Watch for financing NEWS from CATERPILLAR to hit soon (MUST READ)>>>


THE 8-k THIS WEEK WAS THE MISSING PART TO complete THE CATERPILLAR
AGREEMENT signed back in Sept


read it well >>>


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8874148
Item 1.01. Entry into a Material Definitive Agreement.



On October 19, 2012, Blueshere Corporation (the “Registrant”) signed two definitive project agreements (the “Project Argreements”) to acquire 100% of Orbit Energy Inc.’s right, title and interest in, to and under two waste to energy projects in the United States: (i) an 5.2 MW waste to energy project in North Carolina and a 3.2 MW waste to energy project in Rhode Island. At each site, the Registrant will construct and operate a facility to accept organic food waste, anaerobically digest it to make biogas and compost and then use such biogas to produce heat and electricity. The Registrant will sell the heat, electricity and compost to local off-takers.



In both cases, Orbit Energy Inc.’s right, title and interest in, to and under such projects is held in limited liability companies (the “LLCs”), each of which will, subject to the fulfillment of certain conditions, be transferred to the Registrant.







Caterpillar to provide $21m for Blue Sphere biogas projects

Sep 02, 2012 (Globes - McClatchy-Tribune Information Services via COMTEX) -- Blue Sphere Corporation (Bulletin Board: BLSP), which acquires, builds, and manages projects for the generation of electricity from organic waste, has signed an agreement in principle with Caterpillar Inc. (NYSE: CAT) to provide $21 million in financing for Blue Sphere's first two projects in the US. Blue Sphere will establish a special US subsidiary to manage the projects. Caterpillar will supply the electricity generation equipment and finance 70 percent of the projects' total cost. Caterpillar will provide $14 million in financing for the first $20 million project, and $7 million for the second $10 million project.




BLSP HAS ACQUIRED THE 2 US PROJECTS AND CAN NOW EXPECT THE CATERPILLAR FINANCING

WATCH FOR NEWS

and a CATERPILLAR PR will take BLSP price very HIGH


probably MM games before NEWS