Blue Biofuels Inc (BIOF)

[Magmar]

Through its private offerings, the Company raised $6,809,394 from inception through December 31, 2016 and an additional $672,501 in the six months ended June 30, 2017. [color=red][/color]

* This statement is listed in the following sections;

Page 7, Note 2, Going Concern, last sentence.

* Page 18, Going Concern section

* Page 19, Liquidity section

How would you interpret "private offering raised", when that is what they released to the media in March for the purchase of the plant in Florida?

https://www.bio-productsinc.com/

A large portion (if not all) of their convertible debt and services rendered (Luna, Porter LeVay) has been paid out in common stock (page 25), plus conversion of short term notes. Check out how many more short term convertible notes were entered into since January 2017. as LTE alerted us to?

How about JupitorBeach comment on this report since he seems to know internal information about an apparent IPO in November?