Blue Biofuels Inc (BIOF)

[LTE]

This is a recap of some earlier points I have made about this company. That little "Green Machine" as the "reactor" is sometimes called, located at EK Labs at 235 West Marvin Avenue, Longwood Florida, is the only piece of equipment which has any patents at all on it and there are 4 worthless patents involved at my last review. As I have also pointed out, it clearly does not convert some dozens of cellulose plants into sugar in a 15 minute process via a globally disruptive mechanical process as they claim.

If the process was globally disruptive as they claim, they would open EK Labs up for the world to see; rather as I have stated, they don't let anyone see it; they won't put a sign on the little building and they won't release the address even though I have on multiple occasions.

Bottom line, as I have also stated, there will never be any revenue because they can't produce any sugar or any other product. If there is never any revenue, then they will unequivocally have to file for bankruptcy. They already have more than $20 million in net losses with zero revenue.