Blue Biofuels Inc (BIOF)

[LTE]

Not a penny has been raised for the Vero plant - this is
from page 18 from the 10-Q that was posted the other day:

<<ALLIANCE BIO-PRODUCTS, INC.

Alliance Bio-Products, a wholly owned subsidiary of the Company, was created for the purpose of acquiring and operating a plant for the installation of the Company’s patented CTS process....

...As of this date, no units have been sold through the offering and the first initial deposit, in the amount of $250,000, has been refunded to the subsidiary>.>

https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12380343

How can ALLM buy anything without any money?

They have the gall to say it's the seller's problem with the feedstock / yard waste, etc.

BUT the real problem is that ALLM hasn't raised a penny!