SeeThruEquity Initiates Coverage on BLSP with a Price Target of
$0.16
Senior Executive at Blue Sphere Purchases Shares in the Open
Market
CHARLOTTE, NC -- September 30, 2015 -- Blue Sphere Corp.
(OTCQB:
BLSP) (the "Company" or "Blue Sphere"), announced that
SeeThruEquity, a leading independent equity research and corporate
access firm focused on smallcap and microcap public companies, has
initiated coverage on Blue Sphere Corporation (BLSP)
with a Price Target of $0.16. To see the Analyst Report please go
to: http://bluespherecorporate.com/investor-relations/analyst-coverage/
Steven E. Paulik, the Company's Chief Financial Officer,
recently purchased shares of the Company's common stock in open
market transactions. Please refer to Mr. Paulik's Form 3 filing
with the U.S. Securities and Exchange Commission, which can be
accessed through the link below.
http://www.sec.gov/Archives/edgar/data/1419582/000138713115002754/xslF345X02/paulik-form3_091815.xml
Senior management for the Company will continue to review
opportunities to buy shares individually, as well as look for
various ways that the Company can increase shareholder value
through the open market transactions.
About Blue Sphere Corporation
Blue Sphere Corporation operates in the fast growing Clean-tech
sector as a waste-to-energy project integrator. Blue Sphere
develops waste-to-energy and other renewable energy projects. The
Company aspires to become a key player in the global
waste-to-energy and renewable energy markets. For further
information, please visit the Company's website: www.bluespherecorporate.com.
Forward-Looking Statements
This press release contains certain forward-looking statements
(within the meaning of Section 27A of the Securities Act of 1933,
as amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995),
which are subject to risks and uncertainties and may change at any
time. Because such statements include risks and uncertainties,
actual results may differ materially from those expressed or
implied by such forward-looking statements. These statements are
only predictions and involve known and unknown risks, uncertainties
and other factors including, without limitation, (i) uncertainties
regarding general economic and market conditions, (ii)
uncertainties regarding changes in the Clean tech sector, (iii)
uncertainties regarding implementation of the Company's business
strategy, and (iv) other risk factors as outlined in the Company's
periodic reports, as filed with the U.S. Securities and Exchange
Commission. As such, there is no assurance that the initiatives
described in this press release will be successfully implemented or
meet expectations. Forward-looking statements in this document
speak only as of the date on which such statements were made, and
we undertake no obligation to update any such statements that may
become untrue because of subsequent events.
Contact:
Contact Information:
Stanley Wunderlich
Launchpad IR
1-800-625-2236
swunderlich@launchpadir.com
www.tacticalgrowthpartners.com
www.launchpadir.net