Bluefire Renewables, Inc. (fka BFRE)

[spec machine]

Looks like the over-hyped financing fell through.

The China connection walked away without ever committing to finance anything just like I said they would.

The core reason: Bluefire's conversion pathway is a failure compared to other processes.

All that's left is another round or two of selling stock at ever cheaper prices, discounted to market lows, as Bluefire execs suck the last dollars possible out with their paychecks.

This is exactly what I said with 100% certainty many, many months ago.

spec