| Company: | Blue Star Health |
| Web Site: | http://www.zeonfuel.com |
| Purchase Price: | $0.075 |
| Current Price: | Click Here |
Blue Star Health has recently acquired Zeon Fuel, a small but growing biodiesel firm that is expanding its operations. Unlike other micro-cap stocks in the biodiesel industry, they are more than just a shell: they have wholesale and retail facilities.
Currently, the company is seeking to upgrade to the OTC bulletin board. Since insiders hold the majority of stock, it seems likely that they will avoid the usual tactics (dilution to raise funds, reverse-split to reduce shares, then more dilution) that wreck shareholder value in order to increase the stock price, and will instead pursue the proper course (i.e., grow and strengthen the company) to reach that goal.
This will probably be a short to mid-range play – my plan is to get in ahead of the pack, then dump he stock back on the market when the buzz about the “new” company has reached its peak. It’s a fairly risky move, as an uplisting doesn’t necessarily guarantee that there will be any excitement about the firm, but I expect that if my short-term strategy doesn’t pan out, the company will eventually regain ground to minimize my losses.
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