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Microcap & Penny Stocks : BLHG, Fast Track Growth in China

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To: inchingup who wrote (1191)7/10/1998 5:30:00 PM
From: Douglas V. Fant  Read Replies (1) of 4080
 
Gary, BLHG looks to have a sound business plan backing its JV operations with Chinese Firms. With two plants acquired, and a third pending, I believe that to be sufficient critical mass to build a successful corporation. Now the procedural portion of the task sets in, ascertaining and controlling costs, and building volume throughput in the facilities.

IMO we are dealing with producing low tech high volume consumer/industrial plastic products. Mr. Gruenbaum has IMO correctly positioned himself in an industry niche where there are advantages in basing your manufacturing capacity in China; and also in an area plastic products, where use/applications will grow worldwide moving forward.

IMO it will take a couple of years fully to implement and effectuate the business plan- but if successful, there is significant upside here....

Sincerely,

Doug F.
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