Blue Earth, Inc. (OTCMKTS:BBLU) Continues To Recover Between the Holidays

Since suffering through quite a massive dip in mid-November when in just a couple of weeks the stock of Blue Earth, Inc. (OTCMKTS:BBLU) lost nearly a dollar off of its value it has finally started to reclaim its lost positions. Starting at $2.2 per share on December 18 as of last Friday the company has climbed upwards by nearly 50 cents ending the session at $2.69.

BBLU, an alternative and renewable energy company, has a lot of expectations to meet as we head into the new 2014 year. Just in the first quarter of the year BBLU expects to finalize the permits and interconnect activities for their seven combined heat and power projects. Earlier in November the company was able to raise approximately $12 million that they needed for the projects through the exercise of 4 million class A warrants.

Also during the first quarter of 2014 BBLU should complete all of their solar photovoltaic plants that were started in Hawaii. According to estimates by the company their BE Solar Hawaii Schools projects will bring in around $6 million in revenues. This influx of funds is going to offset the recently announced order for two generators costing $6.1 million.

With all the planned developments the company might be able to improve on its financials which leave a lot to be desired. They finished the quarter ending September 30 with: 

• cash: $1.9 millions
• total current assets: $11 million
• total current liabilities: $5.49 million
• revenues: $2.69 million
• net loss: $5 million

Although revenues have increased by more than a half compared to the same period last year the net loss has grown by even more doubling the amount from 2012. The accumulated deficit is starting to close on $50 million currently sitting at $48.4 million.
BBLU should continue to attract attention through the next months but that does not mean results are guaranteed. As is the case with any of the pennystock companies every investment should be preceded by careful and deliberate research that in order to determine all the risks associated with the stock. 

On Friday the recently dormant California Gold Corp (OTCMKTS:CLGL) managed an incredible 81% surge reaching $0.029 per share. Investors should be warned though that according to the latest financial report filed by the company it had exactly $437 in current assets and $67 in cash. The $2.5 million pump for Tiger Oil and Energy Inc (OTCMKTS:TGRO) continued to drop albeit by less than 2% currently trading for $1.19.