Bluefire Renewables, Inc. (fka BFRE)

[HMONNY]

As stated on the 10k

http://ih.advfn.com/p.php?pid=nmona&article=70930945


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WE MAY ENGAGE IN ADDITIONAL FINANCINGS THAT COULD LEAD TO DILUTION OF OUR EXISTING STOCKHOLDERS.

To date, we have financed our activities through the proceeds from debt and equity financings. Any future financings by us may result in substantial dilution of the holdings of existing stockholders and could have a negative impact on the market price of our common stock. Furthermore, we cannot assure you that such future financings will be available on terms favorable to the Company or at all.

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YOU COULD BE DILUTED FROM THE ISSUANCE OF ADDITIONAL COMMON STOCK.


As of March 30, 2016, we had 404,993,005 shares of common stock outstanding and 51 shares of Series A Preferred Stock outstanding. We are authorized to issue up to 500,000,000 shares of common stock and 1,000,000 shares of preferred stock. To the extent of such authorization, or increased authorization, our Board of Directors will have the ability, without seeking stockholder approval, to issue additional shares of common stock or preferred stock in the future for such consideration as the Board of Directors may consider sufficient. The issuance of additional common stock or preferred stock in the future may reduce your proportionate ownership and
voting power.



But of course i'm the one talking out of my a$$, sit down donkey...