Blue Biofuels Inc (BIOF)

[Magmar]

No problem LTE. Thanks to you as mentioned before for opening my eyes to them. I am sure I was like others who wished to make a decent buck off a promising, emerging technology, but I just don't see it. What I find outrageous is the way they manipulate the wording in their press releases to make it sound like they are further along than they really are.

As I stated previously, supply and demand. They need to establish themselves as a grassroots program, building on EK labs analytical results and create a bolt on technology, take it out in the real world and test it. How irresponsible is it to just state all the countless possibilities without actually going out and doing it first? Ask them to show you who is using their lignin from their process, let alone their more marketable c5-c6 sugars. Otherwise the cost of making ethanol goes up past $1. How hard would it have been to buy an old flatbed truck trailer, assemble the equipment on to it that you see in their pictures and take it to an existing ethanol facility? Better yet (and far less costly), send your c5-c6 sugar samples to ethanol companies and chemical manufacturers and have them test it in their processes. You don't think these guys have on site QC labs to test it? Sure they have do and I'll bet they have an R & D Department as well. Who in their right mind wouldn't want to improve their bottom line if they can save money using cheaper raw material to their process? As a potential investor, I would want to see REAL evidence of end users and end uses of this material before investing in them to make the next giant leap and purchasing a plant to convert. Here is a fair question...how much product have they actually made? We know how much they "say they can make", but how much have they physically made?


BTW, it's been 2 months since the initial press release of the sublicense agreement with Earth's Renewable Energy, LLC.

http://ethanolproducer.com/articles/14390/alliance-bioenergy-licenses-process-to-earths-renewable-energy

How are the "negotiations" going with the soon to be built plant in Bakersfield? Why is subsidiary AMG Energy entering into this agreement and not Alliance Bioenergy (who bought AMG Energy out)? So confusing! Almost like a shell game...

http://www.biofuelsdigest.com/bdigest/2016/02/23/alliance-bioenergy-plus-buys-out-amg-energy-groups-to-own-cts-technology/

Who is Chem-Energy? The way article is written, they would be the one using this fine sugar and lignin to make chemicals and bioproducts (2nd paragraph of article);

http://www.chem-energy.com/

, but all they are just a middle-man to find a home for all this cheap sugar and lignin... more carefully worded statements that are hard to disprove.


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