Replies to post #53149 on Biocentric Energy Holdings, Inc. (BEHL)

[phloyd]

Money could have been exchanged.

But it does not mean revenue has been EARNED. That is up to the detail of the contract.

[milehighbuck]

I am not convinced they have revenues from a contract. Their financials stated no revenue. Contracts can be misleading. For example they may have a contract contingent upon certain deliverables. Only when these are met will the contract trigger be implemented to generate revenue and production.

They stated a few "earnest" money accounts that would stay in escrow until they delivered a comprehensive plan of action to implement the solutions. Multiple things could cause that escrow account to lock up and the deals could fall through.

When the 1 acre pbrs are built and generating revenue I will be happy.