Here it is:
August 24, 2009
Dear Mr. Shipley,
Greetings. It has been since June that you and I have communicated. As in my previous email to you, I am inquiring on behalf of many large BCLE stockholders that I will report your response to. There is serious concern among we mentioned shareholders due to a serious drop in price per share. This mail is for clarification purposes.
You were kind enough to notify me in return email that an audit was to be performed and would be finalized in August. First of all, we have some questions about the audit.
What was/is the audit completion date?
Did the audit, if completed fall into compliance with Pink Sheets OTC standards where the company will be listed without the "Pink Sheets - No information" warning?
Will BCLE be reported on a regular basis, and if so, when will the first report be?
Our next question is about price share cost.
Over a course of time, the share price has fallen dramatically to almost nothing. Is this because of the audit taking such a priority, or due to a lack of business? Or can they both be performed at the same time?
Not to be offensive or anger you, but some shareholders wanted me to ask you if you are still in business and if so, would you please notify your shareholders of what is going on. The price per share has fallen through the floor and we have tens and tens of thousands of dollars invested in your company and are justifiably concerned. We have, over the course of time, decided from the last communication that you and I had to "stick it out" in good faith. You gave us encouraging information. We have been waiting for the share price to rise to an acceptable level again and then gain from there, however it hasn't. We would appreciate knowing what is going on with this issue.
Our next question is about the Smart Pipe connection that you have. We realize that you do not own the Smart Pipe company. We have seen big potential in that aspect of your business. We have a couple of questions pertaining to this niche of BCLE's business. We see it as a major player and are surprised nothing to our knowledge has happened with it.
First of all, do you have any contracted projects with this Smart Pipe yet?
As a matter of revenue, what percentage does BCLE make from these sales? Are you able, or can you state the percentage? I am not asking for revenue figures, as I realize that we can't have that anyway.
Also, if you would be so kind as to list all of the other aspects of your company again (Weapons Cleaning Systems, Veterans' Schools, Cleaners...etc). We would appreciate updates on all of the rest of the company. We don't have a clue what, if any, changes have occurred with BCLE because of a lack of information.
In addition, anything else that I haven't asked about would be greatly appreciated.
In a closing thought, I have something that would help tremendously. It would be great to have PR's sent out with current company information on a regular basis. Not every week, but keep we stockholders in touch. We put our money in the company to support BCLE. Please support us.
I thank you very much for your time and we are eager to hear your reply.
Best Regards,
Billy Bob Thornton
xxxxxxxxxx@xxxxxxx.net
xxx-xxx-xxxx