History repeats, BLSP has many years of BAD history (Technically and Financially). Hoping that it will change, well you are right, is the same as investing your life savings in lottery tickets. There has been a lot of hype associated with BLSP over the years. Lots of internet pumpers hyped the stock for years now. A lot of false info has been published, a lot by BLSP leadership (All TALL TALES). In the end BLSP failed for many reasons, mostly associated with a bad business plan that centered around AD. AD as a singular business does not work. It is expensive to build, hard to control, the bio-gas produced has low value (unless manure only and then low volumes), and is a very niche market. All commercial AD facilities have either failed or are performing at a level that is just above BK. Very high failure rates even with MASSIVE GOVERNMENT HANDOUTS. BLSP leadership either failed to do DD on the business or they saw an opportunity to pocket money on the backs of investors and shareholders. Either way ALL of the BLSP facilities they built failed. ALL OF THEM!
Where are they going?? Who knows, it is amazing to me that people still buy the stock and from the sounds of it investors are still putting money into AD.
So a "RUN" may happen but it will not have to do with anything BLSP has done. Gamblers trying to get others to invest to try and re-coup monies they have lost. That is also a tough business.
Do some DD, look at the history of AD in the USA, and world wide. Some work where there are HUGE incentives that do drive the industry, without them NONE of the AD facilities would be financially viable. NONE!!!!!
Investor BEWARE, BLSP is not a good company
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