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Bloomfield sent out another BLSH alert this morning....
BLSH is ridiculously priced at .155 and buying at anything under .20 will almost GAURANTEE a DOUBLE OR BETTER when BLSH takes off and the share price reflects its true value. In our opinion this stock will be at .50 very soon and only rest there momentarily before it starts it climb to $1.00
BLSH has received a "BLANK CHECK" type of funding facility from Walker Commercial Funding and has already targeted 5 locations that fit the guidelines of the funding.
THAT MEANS THAT MORE REVENUE PRODUCING LOCATIONS ARE SOON TO BE ACQUIRED!!!!
Don't miss this dip and pass up the opportunity...risk to reward here is very onesided to the reward side...look at the chart and yo will clearly see what we are screaming about!!!
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Bloomfield Investment Club has made it no secret about how we feel in regard to BLSH and Zeon Fuels. We have been watching the trading action and it is clear to see that there is a seller at Hudson. We have had conversations with those in the know and they assure us that this is not dilution from the company and that once this shareholder is out of stock there should be nothing else in between .20 and .50 We believe in Biodiesel and we believe in BLSH. We have put our money where our mouth is and today we sat on the bid through NITE and bought everything we could at .15. We are looking for at least 400% on this one and are convinced without a doubt that it will come!!
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BlueStar Health's Zeon Fuel Subsidiary Enters Into Letter of Intent to Acquire Retail Fuel Distribution Location in Northeast Houston, Texas
HOUSTON, Dec 11, 2007 (*********wire via COMTEX) -- BlueStar Health, Inc. (Pink Sheets:BLSH) announced today that the Company's Zeon Fuel subsidiary has entered into a Letter of Intent (LOI) to acquire a retail fuel distribution location near the George Bush International Airport in Houston, Texas. Zeon management has initiated the due diligence process and, subject to final approval and acceptance, looks forward to signing a definitive agreement within the next 90 days. The 3.5 Acre corner-lot "truck stop" location is ideally situated at the intersection of two major freeways servicing the airport area and features 4 diesel islands and 3 gasoline islands under separate canopies, which will distribute approximately 400,000 gallons of fuel monthly, and a 4,900 square foot convenience store operation that will generate approximately $90,000 in monthly merchandise sales.
Richard Greenwood, President and CEO of BlueStar and Zeon, commented, "While this location is one of many prospective locations we are considering for acquisition, it is the first under the new Company structure and as such represents an important milestone. The location's financial metrics not only appear to meet Zeon's acquisition criteria, but the spacious lot size and optimal location will provide us with plenty of room to accommodate additional amenities in the future and significantly more traffic as the location grows under our model." He continued, "We anticipate announcing more pending acquisitions, leases and/or fuel contracts in the coming weeks and months."
Biodiesel Fact: Biodiesel has the highest energy content (BTUs) of any alternative fuel and is comparable to No. 1 diesel.
About BlueStar Health
BlueStar, through its wholly-owned subsidiary, Zeon Fuel, Inc., is engaged in the business of blending purchased bio-diesel and petroleum diesel fuels and distributing the blended product through retail outlets. The company intends to expand its distribution through owned and leased facilities as well as fuel contracts with retail outlets. For more information on BlueStar's primary operating entity, Zeon Fuel, Inc., please visit www.zeonglobalenergy.com
Forward-Looking Statements
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future events or transactions, sales of products or performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to execute its business plan, having necessary financing in time to meet contractual obligations and support the business activity, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's current and future filings with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.
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Just spoke to Rick Greenwood the CEO and he told me that the share structure is the same and no dilution at all. Company moving along great he said.
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Bloomfield giving BLSH a "Mega Buy" alert this morning....
Bloomfield Investment Club started our coverage of Zeon Fuels and BLSH about a month ago when the share price was .17. Members saw the share price climb to .25 for a 47% gain before it became apparent that there was a seller at Hudson (HDSN). Last Friday that selling dried up and it appears that HDSN might be out of the way.
During the last few weeks BLSH has received a "Blank Check" credit facility from Walker Commercial Funding that requires absolutely no stock to be sold...That means NO DILUTIONhttp://biz.yahoo.com/pz/071128/132177.html
They then went out and identified acquisition candidates and found more than a dozen and 5 of those locations met the financial criteria necessary for financing under the Walker Commercial Funding (WCF) credit facility. http://biz.yahoo.com/pz/071204/132475.html
Moving forward from those identifications BLSH immediately signed an LOI with one of the locations and is currently in negotiations to acquire this property. The 3.5 Acre corner-lot ``truck stop'' location is ideally situated at the intersection of two major freeways servicing the airport area and features 4 diesel islands and 3 gasoline islands under separate canopies, which will distribute approximately 400,000 gallons of fuel monthly, and a 4,900 square foot convenience store operation that will generate approximately $90,000 in monthly merchandise sales. http://biz.yahoo.com/pz/071211/132859.html
ZEON FUELS and BLSH are currently waiting to be relisted to the OTCBB. When this happens things will heat up very quickly. We are of the opinion that 2008 will be a huge year for Bio Diesel and BLSH is poised to capitalize on that sector of the "Green Market" 2008 will be remembered as the year that environmental stocks performed like the dot com stocks of the 90's
Bloomfield Investment Club is tagging BLSH with a MEGA BUY at .11 x .13
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************* posting a BUY CONFIRMED for BLSH today....
from *************.com
BLUESTAR HEALTH INC Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 12.06.2007 (12) days ago, when the stock price was 0.1550. Since then BLSH has fallen -25.81% .
BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.1100 ) according to the Rules of Confirmation.
Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market is now ready for a bullish move.
We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
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BlueStar Health's Zeon Fuel Subsidiary Acquires Retail Truck Stop and Convenience Store Location in Northeast Houston
HOUSTON, Jan 16, 2008 (*********wire via COMTEX) -- BlueStar Health, Inc. (Pink Sheets:BLSH) announced today that the Company's Zeon Fuel subsidiary has, pursuant to a Letter of Intent that was announced on December 11th, 2007 and a Definitive Agreement signed earlier this week, acquired a retail truck stop and convenience store operation located near the intersection of US 59 (Eastex) and Highway 8 near the George Bush International Airport in Houston, Texas. The truck stop, which sells gasoline through 12 pumps on 3 "islands" and diesel fuel through 4 pumps on 4 "islands" under the Shell(tm) brand -- property of Royal Dutch Shell Plc -- is located on a 3.5 acre corner lot at the intersection of two major freeways servicing the International Airport area and features a 4,900 square foot convenience store facility.
The newest addition to the Zeon Fuel portfolio exhibits business metrics opportunity in-excess of targeted levels set by Zeon management to qualify for acquisition consideration under the company's "growth at a reasonable price" roll-up plan. Furthermore, Zeon Fuel management anticipates that within the first year of operation, the location will increase sales to close to 4 million gallons of fuel or approximately $12 million in gross revenue at today's prices and $1 million in convenience store sales annually on a rolling 12-month basis.
Richard Greenwood, President and CEO of BlueStar commented, "We are delighted to have closed the first-of-a-number of prospective locations in our evaluation pipeline. While the business diligence and transaction process took a bit longer than we originally anticipated for this transaction, we believe that we will be able to incrementally speed up the process with every successive acquisition candidate going forward." He continued, "We are in advanced discussions with a number of other locations, including multi-location operations, and would expect to see acquisition activity pick up markedly in the near future."
"The current level of activity is behind where we expect it to be in as short a time as two months from now but with tactics and programs we have employed at other locations we will see very positive improvements right away," stated Naved Jaffrey, Chairman of BlueStar. "We will immediately begin the process of upgrading food services at the location in addition to improving amenities in the truck driver rest area to deliver a better customer experience. We are also outlining a comprehensive initiative aimed at increasing operational efficiencies at the location that will incrementally benefit the bottom line and our ability to scale sales in the future."
Biodiesel Fact: Biodiesel has the highest energy content (BTUs) of any alternative fuel and is comparable to No. 1 diesel.
About BlueStar Health
BlueStar, through its wholly-owned subsidiary, Zeon Fuel, Inc., is engaged in the business of blending purchased bio-diesel and petroleum diesel fuels and distributing the blended product through retail outlets. The company intends to expand its distribution through owned and leased facilities as well as fuel contracts with retail outlets. For more information on BlueStar's primary operating entity, Zeon Fuel, Inc., please visit www.zeonglobalenergy.com
Forward-Looking Statements
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future events or transactions, sales of products or performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to execute its business plan, having necessary financing in time to meet contractual obligations and support the business activity, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's current and future filings with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.
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