InvestorsHub Logo
Followers 63
Posts 6291
Boards Moderated 1
Alias Born 02/09/2007

Re: terry hallinan post# 4687

Tuesday, 05/26/2015 1:53:27 PM

Tuesday, May 26, 2015 1:53:27 PM

Post# of 6407
You have missed my points entirely but it doesn't matter at all since Bluefire (the actual subject of this board) doesn't produce either ethanol or butanol at this time.

Their sole source of income, aside from a small consulting fee, is from selling convertible debt which, at current prices, will convert to tens of millions of shares with a cost basis of under .002

This stock is effectively dead from any mid-term or longer-term investment standpoint. Bluefire management is entirely to blame for that fact since they-

1) failed to obtain financing in time to avoid the dire financial state that required them to seek out the vultures of capital and issue toxic convertible debt

2) issued toxic convertible debt at a fraction of a penny/share and in some cases far less

If they need an excuse why they failed, it is right here - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109493778

spec

- Foglifter -

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.