NO PUMP
NO BS
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Explosive Potential
Penny Stock Watchlist
Week Of November 11th 2013
BLSP - Blue Sphere Corp.
Here is a summary released by the company of their most recent 8-k.
Form 8-K for BLUE SPHERE CORP.
4-Nov-2013
Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli
Item 1.01. Entry into a Material Definitive Agreement.
Construction Financing Agreement
On October 29, 2013, Orbit Energy Charlotte, LLC ("OEC"), Tipping, LLC
("Tipping") and Caterpillar Financial Services Corporation ("Caterpillar")
entered into a Construction Financing Agreement (the "Construction Financing Agreement").
("Tipping") and Caterpillar Financial Services Corporation ("Caterpillar")
entered into a Construction Financing Agreement (the "Construction Financing Agreement").
Tipping, LLC is a wholly-owned subsidiary of Bluesphere Corporation (the "Company") formed for the purpose of signing feedstock supply agreements for the 5.2MW anaerobic digester project in Charlotte, NC (the "Project") that the Company expects to acquire from Orbit Energy, Inc., the project's current owner.
The Construction Financing Agreement is the agreement pursuant to which Caterpillar Financial Service Corporation ("CAT") has agreed, subject to the fulfillment of certain conditions, including, but not limited to the receipt and expenditure of the Equity Finance (as defined below), to provide up to $17,785,720 in debt financing (the "Debt Finance") in respect of the Project.
The Debt Finance is to be divided into two phases: (i) a construction loan and
(ii) a term loan. The term of the Debt Finance shall be 10 years. Interest on the construction loan component of the Debt Financing is based on LIBOR for deposits in dollars for a term of three months plus a variable-rate spread the minimum of which can be 5.32%. Interest on the term loan component of the Debt Finance will be fixed 60 days prior to the conversion of the construction loan into a term loan (based on CAT's proprietary cost of funds). Prepayment of the construction loan is not permitted, but prepayment of the term loan is permitted subject to the payment of a fee the amount of which depends, in part, on the timing of the prepayment.
(ii) a term loan. The term of the Debt Finance shall be 10 years. Interest on the construction loan component of the Debt Financing is based on LIBOR for deposits in dollars for a term of three months plus a variable-rate spread the minimum of which can be 5.32%. Interest on the term loan component of the Debt Finance will be fixed 60 days prior to the conversion of the construction loan into a term loan (based on CAT's proprietary cost of funds). Prepayment of the construction loan is not permitted, but prepayment of the term loan is permitted subject to the payment of a fee the amount of which depends, in part, on the timing of the prepayment.
REF Bluesphere Joint Venture
On October 30, 2013, we entered into an Operating Agreement (the "Operating Agreement") with REF Investments Ltd. ("REF") with respect to the formation of REF Bluesphere LLC (the "JV"). The JV is a company set up to own and manage OEC and Tipping through certain intermediary companies. Pursuant to the Operating Agreement, REF has, subject to the fulfillment of certain conditions, agreed to invest $6,000,000 in cash plus $1,500,000 in a letter of credit in the form of equity financing for the Project (the "Equity Finance"). In exchange for the Equity Finance, REF will receive a 50% ownership stake in the JV leaving the Company with a 50% ownership stake in the JV. Until REF receives a 20% internal rate of return after taxes (the "Minimum Return") on its investment of the Equity Finance of the Project, REF will receive 85% of the EBITDA of the Project and the Company will receive 15%. Once REF has received the Minimum Return, the allocation of net revenue shall become 50% to REF and 50% to the Company.
The Only downside I see in getting in this stock at this low level is it's high float. But here's the kicker insiders have recently bought 94 millions shares at the price of .003 . That shows me more than enough vested interest from Dr. Bornstein and co. for them to focus on raising the price of this stock rathen than dilute it back to the trips. Therefore THP strongly feels this qualifys as a low risk penny stock with explosive gain oppurtunity watch it close this week.
CADY - Digital Caddies INC.
Short description of Digital Caddies
Digital Caddies’ new easy-to-use, tablet-based technology platform installs on golf cars and connects to the web through a nationwide high-speed wireless network. The new Digital Caddies platform is a FREE (for qualified golf courses) and powerful tool for golf course operators to improve their guests’ experiences, build guest loyalty, increase course revenue and lower operating costs. The content provided through the new tablet platform is specifically designed to promote interaction between the golfer and the device throughout their round and thus provides an excellent opportunity for course operators and advertisers to interact directly with golfers in ways that have never before been possible.
This Past friday CADY came out with huge news teaming up with SPRINT.
Also the float is relativly small (18 million shares).
Given the chart and it's support above the MA (50) we feel very strongly that this fits our niche of low risk penny stocks. We have a short term target of .45 for this stock. And will keep you updated.
GDSI - Global Digital Solutions
If you've been following our updates recently you know we are very very bullish on this stock both in the short and long term. The stock has been inching down on low volume. This week GDSI announced they expect to finish up the merger with Airtronic USA no later by late november. We anticipate with the deal wrapped up we will hear more about the large contracts airtronics has been filling and this stock will finally see the bounce we are waiting for. The company is also activly persuing more aquisitions and has a pending JV to further develop it's cool sound technology. Visit gdsi.co for more info and read the past few PR's for a better understanding of how big this sleeping giant really is.
Also watching LVVV see previous updates, with revenues from 3rd quarter due soon we expect for this stock to the very least double from where it is over the next two weeks.
NYXO- we are still watching this stock as it holds support by the 52 week low with a tiny mkt cap and updates expected we wi be watching closely .
Sleeper pick GTMM- 4D is the future and this company is at the forefront. Great buy and hold, expecting more exciting news in the coming weeks.
Remember don't take anything we say hear seriously and all the other legal blab....
