Blue Biofuels Inc (BIOF)

[LTE]

No Christmas Cheer for the ALLMers - why not?

I think it's because they picked a sour lemon in Dan and
his cronies. Too bad for these numerous people who bought the
stock at 75 cents back in 2014 - check page 19 of 24:

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10305762

Unfortunately for the ALLMers there have been numerous promises
that haven't come to fruition - particularly in far away lands where
the uneducated 'executives' can't even spell the name of a country right.

It looks like the volume has been picking up lately with little
movement in the stock price and no new hot-air press releases.
How long can they keep up the charade?

Probably not too much longer unless they can continue to sell stock
to mom and pop who don't understand anything about the financial
markets and particularly the bioenergy markets. The problem for
these buyers is that it's sort of similar to a ponzi scheme with
a different twist. They keep on selling stock (private
offerings) at lower prices so the ones who bought in higher
are completely screwed. And even the ones who bought in lower
are still screwed because they're locked in while the stock
continues to go lower.

And don't forget, experienced sharks (like JMJ Financial) buy
these private offerings and they know how to win. What they do
is make sure they can convert the stock at discounts to the
current stock price - known as "death spiral financing."

It's just a matter of time until ALLM is completely exposed as
the sham that it is!

Unfortunately, I don't think it's a Merry Christmas for those in
the link above who purchased for 75 cents when they see the
new buyers in the new link below purchasing for 1/3 that price
or lower - check towards the bottom:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11691251