BEHL looks poised for a big move over the course of the next few weeks. The stock has been consolidating after an impressive fall from roughly $.08 a share to roughly $.01 a share. There should be a double or triple to be made on any bounce. Today's company issued shareholder update helped lift the stock and while it is up 10% the stock was better bid earlier in the session.
If I was buying this stock:
Entry: $.011 - $.014
Exit : $.022 - $.028
Today's News Is Posted Below The Chart:
SANTA ANA, CA, Feb 01, 2010 (MARKETWIRE via COMTEX) -- BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) announced today that within the past 6 months alone, BioCentric Energy has received a gross amount of interest from potential clients all wanting to purchase our Closed-Loop Bioreactor (PBR) systems and services. The demographics for these clients has varied from a multitude of locations in the US, Asia and Africa. With so many potential clients eager to move forward and own a BioCentric Energy PBR system and algae farm, we are creating an exclusive program that would allow select clients the opportunity to partake in our initial Purchase Orders for end products. While the details of this program are being solidified, a synopsis of the program is as follows: BioCentric Energy acquires/leases approximately 150 acres of land located in Southern California. The 150 acres will be divided into approximately 10 lots for 10 clients. Each lot will hold 1 PBR system, containers and necessary equipment. There will be handsome signage for each lot indicating the ownership of the algae farm. The benefit and beauty of this program is that the clients will be sharing some of the resources and cost, such as; land, PBR management, harvesting equipment, extraction, and water. This will significantly reduce the client's investment and overhead and allow for quick profit. With our expert staff and management just a few miles and minutes away from these farms, we will be able to micromanage every aspect of the PBRs and algae growth first hand. This will provide BioCentric Energy and clients with extra confidence and knowledge as we move forward to service clients in distant locations. Lastly, the client will have a release option allowing them to sell their farm back to BioCentric Energy if they chose to leave the program. With 1,000+ corners currently on the way from China, we are excited and working diligently on finalizing this program so that we may move into the green.
Management for BEHL, in a desire to remain vigilante, has published their updated Fourth Quarter PinkSheets Information and Their Attorney Opinion Letter at http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=28433.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/biocentric-energy-20100201/
The 1st Annual BioCentric Energy's Shareholder's Meeting is only 23 days away. The Monte Carlo Hotel and Casino has extended the discounted room rates through February 23rd, 2010. Please note that there is a major sports event happening in Las Vegas around the same date as the Shareholders meeting and NAA workshop, therefore rooms will soon be scarce and expensive. The NAA (National Algae Association) West Coast Chapter Workshop will provide in-depth information about algae growing systems, equipment, end products and the algae industry overall.
BioCentric Energy's 1st Annual Shareholders Meeting:
Date: February 24th 2010
Time: 12:00 pm
Location: Las Vegas, Nevada
Hotel: Monte Carlo Hotel and Casino
NAA West Coast Chapter Workshop
Date: February 25th - 26th
Time: 8:00am
Location: Monte Carlo Hotel and Casino
1 comment:
just bought some at .0125 its about to explode here...
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