Bluefire Renewables, Inc. (fka BFRE)

[spec machine]

I find it hard to trust a company executive when they say things that are demonstrably false.

Also, BFRE was very informative. There is no "toxic debt" also. So information you may hear about "toxic debt" and "millions of shares diluting" is false information. That debt was all taken care of last year. No millions of toxic shares will be hitting the market. The sky will not fall and nor will any of us starve in the street.

The term "toxic debt" has no strict definition and BFRE executives probably dislike the term as it applies to them.

Despite this, the term applies to BFRE and the convertible debt it has on its books currently and has in the past. The debt converts to common shares at a rate well below market and the company has no reasonable near-term expectation of being able to repay the debt in cash. Therefore, it can be reasonably termed "toxic debt".

The fact that previous debt has already converted to millions of shares (in 2014) is concrete proof that both "dilution" and "toxic debt" are part of the reality of BFRE in 2014.

To say otherwise is a lie.

spec