InvestorsHub Logo
icon url

Bfife

09/04/10 2:17 PM

#99818 RE: eminem #99816

I've been invested here for over a year and I just don't recall them ever talking about fuel being the primary objective of their business. I do however remember Mr. Fisher stating that he would prefer to go after the "low hanging fruit" and as a startup company in the tail end of R&D, I felt that he was correct to take the quickest and shortest route to revenues and eventually, income. Now I believe when Mr. Goodall came on board there may have been a slight shift from that particular goal based on Mr. Goodall's background and experience, but all in all I feel Mr. Fisher's focus has primarily been directed to the building, selling, maintaining of PBR's and also the production of nutraceuticals and health care products.

Now I agree there have been setbacks and also some change in direction at times, but those types of things happen with a startup company pretty much all the time.

Also, since they are not presently generating any revenues and they need working capital, increases in A/S have taken place. At least they are taking that money and using it to move forward with the company. I am ok with that.

I invested in BEHL because I think they have built a good quality system. I also appreciate Mr. Fisher's drive and focus.

Are there risks? Absolutely. I am willing to take that risk.

I look at where they were 12-14 months ago and where they are today, and there's no doubt in my mind based on BEHL's progress, that i've made a good investment here.
icon url

llh222

09/07/10 10:27 AM

#99854 RE: eminem #99816

"On BEHL though I just don't understand a lot of what is going on. At one point their "widget" was fuel, then it was PBR's, then it was omega-3's and now it's astaxanthin. It is difficult to know what is real and so you have to guess. The PR's have touted omega-3 for maybe a year and suddenly it drops off the radar without explanation. We are left to assume that the deal is off, or that BEHL cannot grow the algae, or cannot extract the oil or something - why not inform the shareholders "BEHL has decided not to pursue the production of omega-3 oil because XXXXX XXXXX XXXXX and instead to redouble resources on astaxanthin production because XXXX XXXXX"? THAT would be transparency and build trust - in the wake of inner Mongolia, South Carolina, North California, South America, China, Indian tribes etc. It would also be reassuring if they actually produced one of their projected products and had it certified IMO. "

I had a lot of similar questions, so went to the open house to see what they have. They are planning on selling at east 4 products fom the algea. However thir main hrust is selling and maintaining PBRs, and assisting customers in finding buyers for the products, and they have buyers willing to buy all they can produc. I have talked to these buyers, persons interested in purchasing PBRs, and other stock holders. All of the above, and more are still in thepipeline, they just do not happen over night. The DVJ project was over a year in the making, and others have been in the works for as long or longer.
I also wish that would not PR something at the beginng, but wait til it has been completed.

LLH