Last $0.15 USD
Change Today +0.015 / 11.11%
Volume 35.1K
BLSP On Other Exchanges
As of 5:20 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

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12/12/13 - $0.49
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blue sphere corp (BLSP) Details

Blue Sphere Corp., a development stage company, operates as a project integrator in the clean energy production and organics to energy markets primarily in the United States and Africa. It develops, manages, and owns waste-to-energy projects. The company generates electricity from biogas derived from organic waste; and produces clean energy by eliminating waste and by converting the harmful biogas methane into carbon dioxide. It also focuses on generating soil amendments, compost, and other by-products. The company was formerly known as Jin Jie Corp. and changed its name to Blue Sphere Corp. in February 2010. Blue Sphere Corp. was founded in 2007 and is based in Even Yehuda, Israel.

5 Employees
Last Reported Date: 01/13/14
Founded in 2007

blue sphere corp (BLSP) Top Compensated Officers

Chief Executive Officer, President, Secretary...
Total Annual Compensation: $120.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $18.0K
Executive Vice President
Total Annual Compensation: $128.0K
Compensation as of Fiscal Year 2013.

blue sphere corp (BLSP) Key Developments

Blue Sphere Corp. announced delayed 10-Q filing

On 08/14/2014, Blue Sphere Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Bluesphere Corp. Signs Memorandum of Understanding to Build its 3rd Waste-to-Energy Project in Massachusetts

Bluesphere Corp. announced it has signed a Memorandum of Understanding with a local developer operating in the recycling and compost business to co-develop a waste-to-energy project in the Boston metropolitan area. This marks the third waste-to-energy facility in development for Bluesphere. The company is developing a 5.2 MW facility in Charlotte, North Carolina, which is currently in its design and engineering phase and is expected to break ground on construction this year and be fully operational in 2015. The Charlotte, North Carolina facility has received over $22 million in project financing commitments from a Fortune 50 company and environmental investment fund, as well as having signed a long-term contract with one of the power holding companies in the U.S. to purchase electricity generated at the plant. Bluesphere is also developing a 3.2 MW waste-to-energy facility in Johnston, Rhode Island. Per the terms of the MoU, Bluesphere will take advantage of the site's existing operations to build and operate a 5.2 MW waste-to-energy plant on the same premises in the Boston metropolitan area. The advantage of such an approach is that the joint project will benefit from the site's existing permits and feedstock supply arrangements.

Blue Sphere Corp. Appoints Yigal Brosh as a Member of the Registrant’s Board of Directors

On May 27, 2014, Bluesphere Corporation announced that Mr. Yigal Brosh has been appointed a member of the registrant’s board of directors, effective May 27, 2014. Mr. Brosh also has not yet been appointed to any of the registrant’s board committees, although it is expected that he will be appointed to the registrant’s audit and compensation committees. With the appointment of Mr. Brosh, the registrant’s board consists of three directors. Mr. Brosh currently serves as Managing Partner at Zeta Capital management.


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