Insider Trading Review: Blue Sphere Corp. (OTCPK:BLSP)

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Blue Sphere Corp. (OTCPK:BLSP) insider have most recently took part in a trading activity. On Jun 30, 2016 Lazarus Management Co Llc, 10% Owner bought 120,000 shares having total worth of $9,600 at the price of $0.08 per share, following the transaction a total of 63,056,895 shares owned by Lazarus Management Co Llc. Before this latest buy, Lazarus Management Co Llc purchased BLSP at 18 other times during the past twelve months, for a total investment of $716,050 at an average of $0.1 per share.

The stock has experienced a total of 17 insider trades in the past three months. These trades include 17 buy trades. Furthermore, over the past 12 months , the stock was traded 30 times by insiders. an employee of the company was the buyer in 30 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 17 0 54.9%
12 Month 30 0 -43.57%

Blue Sphere Corp., was incorporated in Nevada in July 2007 under the name Jin Jie Corp. It is an international project integrator and producer of clean energy that provides supervision and control over its projects’ activities. Its main business model is BOO (Build-Own-Operate), in which long-term energy agreements are executed with electric companies in advance of projects, thereby solving endless waste and ecological problems and meeting the endless demand for electricity. It generates revenue through sales of: Energy, Tipping fees, carbon credits, energy efficiency technology, project development services, compost, and soil amendments other by-products. Its service solution consists of: managing the entire process of producing clean energy based on a BOO model (Build, Own and Operate), selecting the suitable technology for the project, arranging project financing, arranging feedstock supply, devising and implementing ways for the project to become more energy efficient, obtaining eligibility for and receive carbon credits, renewable energy credits and other ecologically-related benefits, constructing and equipping the project on a turnkey basis, managing the project for the duration of its revenue-producing life.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.