{"id":782,"date":"2013-01-24T08:08:00","date_gmt":"2013-01-24T08:08:00","guid":{"rendered":"\/?p=782"},"modified":"2013-03-25T20:14:34","modified_gmt":"2013-03-25T20:14:34","slug":"thelightningpicks-shine-the-light-on-biosolar-inc-pinkbsrc","status":"publish","type":"post","link":"\/articles\/thelightningpicks-shine-the-light-on-biosolar-inc-pinkbsrc\/","title":{"rendered":"TheLightningPicks Shine the Light on BioSolar, Inc. (PINK:BSRC)"},"content":{"rendered":"

\"88BSRC.png\"Chances are, you are probably familiar with the technology behind solar energy: there are some panels with some very clever chemicals inside them, and when it’s sunny outside, these chemicals interact and produce electricity. Depending on the size of the panels, they can power everything from your pocket calculator, to a whole house. BioSolar, Inc. (PINK:BSRC<\/a>) however, believe that these solar panels are still not environmentally friendly enough and they are here to help. The thing is they have been at it for quite a while and we have yet to see the results. <\/p>\n

BSRC<\/a> started off back in 2006 and since then, they have been in the business of developing special backsheets and casings for the aforementioned solar panels. What’s revolutionary about BSRC<\/a>‘s components is that, unlike the conventional ones, they are not made of plastic, which means that they are not derived from oil. BSRC<\/a> argue that in addition to decreasing the environmental impact, their products will also reduce the price of solar electricity. Whether the difference will be significant or not, is yet unknown and that’s the biggest problem.<\/p>\n

Unlike other small cap companies, BSRC<\/a> have not been a mineral exploration, they haven’t tried to cure cancer, and they have not changed their business strategy every few months. And yet, now, almost seven years after they started, they are still not ready with a commercially available product. Judging by what we read, they are becoming quite desperate.<\/p>\n

\"BSRC_logo.jpg\"News have been flying out of BSRC<\/a> headquarters for quite a while now, and they all sound mightily optimistic about the future. Pumpers are also on hand to help in case, someone has let the headlines pass by unattended. The thing is, the latest quarterly report put out by BSRC<\/a> still has some big fat zeros in the revenues section. The rest of the financials don’t look promising as well:<\/p>\n