Beckons industries

other company with a habit of publishing official announcements which are always half truths and usually downright lies
promoter holding is a miserly 2 percent
they have supposedly invented a process to develop biofuel economically from algae ......its supposed to be so revolutionary it can potentially save india 125000 CRORES ... thats part of an official notice to the bse http://beckons.org/pdf/news5.pdf.......well with such amazing potential you would think Gurmeet singh the promoter would increse his stake but sadly he hasnt ....its still 2 percent
so here are some more OFFICIAL fairytale announcements
where delhi unniversity signs a MOU for a demo plant http://beckons.org/pdf/news1.pdf
here it collaborates with a US company (google the company you get no info about it) to commercialize algae tech http://beckons.org/pdf/news2.pdf
and so on
Getting back to the comapnies past and the promoters past is also very intersting
Gurmeet singh seems to be a bit of a land shark with political connections In 2003 he had a plan to build biotech park in a 50 ACRE plot of land in MOHALI http://articles.timesofindia.indiatimes.com/2003-09-19/chandigarh/27189192_1_biotech-park-biotech-policy-biotech-industries ...... the biotech park fell through but guess what gurmeet singh bhatia retained controll of a shell company with owns theland
Guess thats the general plan in having a plant in sunny goa