Replies to post #32599 on Biocentric Energy Holdings, Inc. (BEHL)

[moneysweats]

that couldn't be relation to Dennis Shen...?????? Chinese put last name first

[Lonsenior]

The way I heard it was that the person was the 6TH richest in China. Is the list for China or for the world?

[Klait]

Ok... I may be flamed for this, but could there be link?

1) An article in Wired from Feb 2008 (~17 months ago,length of time mentioned for the deal making) came out discussing China's 2030 CO2 Emissions problem related to economic expansion and manufacturing with enormous increases in steel production.

http://www.wired.com/wiredscience/2008/02/chinas-2030-co2/


Article mentions need to control these emissions as well as danger to environment (water sources).


*** NOTE in the comments section at the end that the story

----Posted by: b cole | 05/3/08 | 2:37 pm

ALGAE EATS CO2

http://www.nationalalgaeassociation.com (who is the head of the West Coast Division? That's right. -- Our BEHL Leader, D. Fisher)


2) Shen Wenrong (6th richest man in China according to Forbes 2009 list -- http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_The-Worlds-Billionaires_CountryOfCitizen_3.html )

He is the chairman for the Shagang Group (China's largest private-sector steel mill) headquarted in Jiangsu, China (~200mi from Wuhan, China).

http://www.chinastakes.com/2009/7/shen-wenrong-on-course-to-become-chinas-mittal.html

Notice the words:
"And he is very well versed in cost control. Shagang is famous for being a "lean" company."

"After investing billions of yuan in the recycling area, 95% of Shagang's wastes are now recycled, bringing the company about 2 billion yuan every year."

So, Shen Wenrong like Dennis, wants to save money and save the world.
(yeah, a little stretch, I know.)

And yeah... Dennis Shen & Shen Wenrong, related (as someone else suggested)?

------

What do you think? Any possible connection or too much of a stretch?


I'll throw this in for a little more support ( China going green? http://parkwayblog.blogspot.com/2007/06/green-china.html -- a little dated )