Citoyen So, I took you advice and called Blue Sphere. I asked about Austep and he laughed. Said that there is zero truth to that rumor. You know, for a company with so much pressure on the stock, he sure did seem very calm. I asked him if the company could buy back some stock. I could feel his eyes roll after I asked this question. He said that the company is not in any position to buy back shares. I asked him, what did he mean by this. He said, that Blue Sphere is still at the beginning of its growth and the capital that it raises needs to go towards building long term assets. I said that there seems to be a lot of overhead. He said that the company only has 12 people building multi million dollar power plants around the world. He said that they are running very thin to build a company that we be around for a very long time. He said in his view it is all about the long term value of the assets. I asked what he means. He said, take a simplistic approach. You buy or build a plant that you can basically fully leverage. You have a super high rated purchaser of what you are selling and they give you a very long term commitment to buy at a fixed price. You pay down your debt and then you still have a very long time, like ten years of csh flow without the debt burden. After that you can get another agreement or sell the asset. He said that one of the most important things is for the company to complete the listing. I asked how will this happen when the stock is so low. He asked me, do you think it will stay this low? He said, think about it, read the last three press releases, that can give you some clues as to what is happening with the company. He also said, don't forget, there are things that have not been announced yet. I tried to press him on what these things are and of course he said that he is not in a position to say. So pushed a little harder and all he said was. Italy and United States! I said, do you mean that there will be closings soon in those areas. He then thanked me for calling and said he needed to be on another call. But if I ever had any questions to feel free and call. I have to say that even thought this guy really did not tell me any great details, I did come away from the call thinking that there is much more going on than we know. Oh, I almost forgot, he also said that since they are in registration, they are a little limited to what they are able to say and when. He also said that they are traveling around this month speaking with investors and are planning to do a conference call. He also told me that they are working on the website to update some functions like having a twitter feed on the website so people that don’t have twitter can see. He also said that they are putting together a tool where we can give our email address to the company are we will get a newsletter type of release. Sorry for the not writing all of this in order guys. Just trying to relay it all to you.
News 
Market Data 
Discover 
