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Re: Mr Pennypacker post# 2084

Thursday, 10/30/2014 12:00:02 AM

Thursday, October 30, 2014 12:00:02 AM

Post# of 6407
Ok can we use a little logic here. This just isn't your typical LOI.... Bluefire has been in communications with several entities in China regarding their technology for approx 5 years now.....

I am sure China has already done their DD for Bluefire Renewables business model, technology and plans for future growth and product.

They wouldn't have signed an LOI in the first place if this wasn't true.

Why do you think Bloomberg wrote the articles?

How many articles do you see Bloomberg covering regarding an LOI for a penny stock?

Why do you think the CEO is so confident that this is basically a done deal?

This is as close a guarantee you will ever get for an LOI.

This is for 270 mil in financing to move forward to enter a billion dollar market who the only competition is (If you could even call it that because there is a short supply of Ethanol) is PEIX who is currently trading around $13 a share.....

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