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EagleOne

02/16/10 2:30 PM

#22591 RE: grovertdog #22585

Re Income Not Necessary

Grover your comments are quite valid, however if you pull up a list of all the OTC companies trading on the OTC or Pinks that are over say $1, and then choose any 10 of them you will probably find that 6 out of 10 are showing little or no revenue/income and, most have no revenue at all. Junior oils/mines can go for many, many years with high stock prices in relation to their earnings as investors wait for the gusher or nuggets - they keep refinancing until they fail or hit, and then you wait again until the production starts, and then, whether the production produces a profit. The exact scenario can be applied to a multitude of technology companies. Do not misinterpret this as my saying that BLLN is going over a dollar, I 'm just using reference numbers. I have no idea whatsoever where the stock will go if they "hit". Hopefully much higher than today!

I hope you understand I am in no way saying that BLLN is not going to need money to get rolling. If you read my comments the main point I have made all along is that they must have money to effectively launch and then they will need more financing for quite some time until revenue exceeds their overhead. I would expect about a year. However if, that's IF, they get substantial visitor volumes, then investors will feel comfortable about continuing their support for the Companies. If it fizzles with few downloads then they could have a serious problem with future funding, absolutely no doubt about that in my tired mind.

On the other side, if, again IF, they do get the volumes of anticipated downloads then just like the advertising for any medium, the higher the volume of hits, then the more revenue they will receive, and consequently the more they can charge for their ads with the corresponding higher visit volumes. And I am fully aware as with all venture projects, whether Pinks or OTC or even NASDAQ, the risk lies in whether the entire concept catches on and commences a revenue stream. If it doesn't - the current believers will lose. Despite all the two sides worth of arguments and positions we stand ready to see who may be right and all our comments here are simply not worth a hill of beans to the major investors backing them. It's in their hands, not ours. What if we have a party and no one comes is our biggest fear!