Blue Biofuels Inc (BIOF)

[NO birds Allowed]

actually , the only thing that we really need is a competent ceo, the one we have now should be the cto . let him move over and lets someone who knows what he is doing take over

[Jagman5]

I've contacted a company who has funds to invest about $BIOF, suggesting they buy in with enough funds to build the plant. This is outside their normal wheelhouse so we will see.

Your CEO has a significant problem. If he reveals enough about how it works it will get stolen. If he doesn't he will have trouble raising funds. And no, an NDA doesn't work because they can't afford to defend that either.

$BIOF

[jtk1950]

I was going to send a message to Brooklyn when I saw your post. Ben has limited funds and cannot showcase his achievements at Blue Blofuels as much as we will like him to but in my opinion given the circles he is operating in, and given the fact that those companies are doing jvs with him I am willing to believe that Ben has met the requirements needed to move the project to move this project forward. I would rather have him spend the money he would need to prove CTS works to build the plant and produce some jetfuel. For all we know we might get some financing from UGI to get our plant built. What do you think folks.

[valeria123]

We don’t know how it works and if it is scalable. We know it works somehow in a lab with small quantities. Financing would not be such an issues otherwise imo…

[brooklyn137]

I feel your frustration, however, we are now at the point where the technology works, we have an unlimited market with aviation fuel and gasoline with vertyigas and huge margins with the RIN for cellulosic ethanol. The only thing we need is the money for the plant. I am sure it will come, the opportunity is too good.

[valeria123]

Down and down, no real news. I don’t even think Ben has our best interests here. He has been the ceo for 4 years and we are nowhere better than with Dan

[3Djschmidt]

EPA Registers Vertigas20 -- Green Gasoline to be Produced by VertiBlue Fuels
GLOBENEWSWIRE

9:55 AM ET 05/01/2024

PALM BEACH GARDENS, FL, May 01, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (BIOF) .

VertiGas20, a renewable gasoline product, is now registered to be sold as 20% blends in conventional gasoline to help mitigate transportation carbon emissions.

VertiBlue Fuels, LLC, a 50/50 JV between Blue Biofuels (BIOF) and Vertimass, will start producing this renewable gasoline as one of the first products coming from the production capacity that VertiBlue Fuels will realize.

Blue Biofuels, Inc. (BIOF), is pleased to announce that the United States Environmental Protection Agency (EPA) has approved registration for blending up to 20% of green gasoline with conventional gasoline. This new renewable gasoline product, VertiGas20, is made from renewable ethanol by the joint venture’s licensed technology from Vertimass, its Consolidated Alcohol Deoxygenation and Oligomerization (CADO) technology.

VertiGas20 is a new generation of fuel which can be used in current gasoline vehicles (approximately 340 million in the U.S. alone) without any engine modifications. This will help reduce greenhouse gas emissions from existing cars and other gasoline powered engines.

Blue Biofuels (BIOF) is planning to produce cellulosic biofuels which will further reduce the greenhouse gas emissions either when the cellulosic ethanol is used as direct blend in fuel or if it is converted into gasoline or SAF for use in transportation.

"VertiGas20 represents a significant step toward producing more renewable fuels, compatible with the existing infrastructure, which will help mitigate climate change," explained Vertimass Chief Operating Officer Dr. John Hannon.

Blue Biofuels (BIOF) CEO and Chairman, Ben Slager notes: “An interesting factor is that this enables gasoline vehicles to become more green without replacing them with electric vehicles, thereby offering more choices for the green consumer. Moreover, when Blue Biofuels’ produces cellulosic ethanol with its Cellulose-to-Sugar technology, this will add significant further CO2 reduction to the VertiGas20 fuel by providing cellulosic ethanol, with a higher carbon reduction rating, as feedstock to the VertiGas20 production. This will be a winning combination for the environment and for the Company.”

[jtk1950]

Hi Valeria,
What troubling about the Blue Biofuel situation is finding an answer to this simple question. Why would the management of Vertimass who are industry insiders waste their time and resources partering with Ben and Blue Biofuel if they don't have the goods for success? They could have simlpy bought Blue Biofuel off? So we have to ask ourselves the question, what I we missing and that's where I am stuck!
If Ben has the magic sauce, is there on one in this industry to help him bring it out to the market or pay him off so that they can take it over?
Help us out folks! Most of you know a lot more about this industry than we do.
Jake

[valeria123]

At this stage is really a casino with this stock and management. Not sure anymore I believe they have any plans to become a leading biofuel company. Before, Ben used to say he takes no salary and his interest are even more than most shareholders since he holds most of the stock. But by the way they report and operate/communicate to us is very sketchy we have a future. What was the point of king grass now already 2 years. Where are the third party verifications, etc. What was the point of forming a new company with Vertimass if we have no clue what we can produce and if the technology is viable?!
Maybe Ben will be able to turn this around, but he has been on the throne for now 5 year or so, and we are dead in the water.
Anthony not even sure if that guy is doing anything for the company, other than he cashed out about $1mil when the stock was pumped by the famous Altitrade pumper…So many things don’t add up…

[happy gylmore]

Of course. Our guys can't raise money without giving away shares under the market price.

[NO birds Allowed]

basicly they raised 50 -100 mil,and we did not

[happy gylmore]

Can't get into see this. Can you summarize please. Did we lose out on another deal ?

[NO birds Allowed]

https://www.axios.com/pro/climate-deals/2024/04/22/lanzajet-100-million-ethanol-saf-jet-fuel

[NO birds Allowed]

yup as usual

[valeria123]

Seems like not much of a news… stock just goes down anyways

[NO birds Allowed]

Blue Biofuels Initiates Engineering and Design for Their CTS Commercial Plant Positioned to Produce Ethanol from Cellulosic Materials
PALM BEACH GARDENS, FL, April 16, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF) .

In a recent development, Blue Biofuels Inc. (“BIOF”) proudly announces the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility. This endeavor is grounded in the company's innovative Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol.

The engineering study meticulously outlines each process step, technical layout, and required equipment for the facility. Even at this initial volume, it demonstrates the viability of the CTS process in yielding positive margins for cellulosic ethanol production. Blue Biofuels is now poised to scale up its engineering design for larger facilities, leveraging the inherent advantages of scale to enhance profitability.

Drawing on successes achieved in their pilot plant, Blue Biofuels remains committed to further enhancing their process, with a focus on catalyst recycling and lignin separation for potential sale. While lignin sales are not yet factored into the model, ongoing optimizations signify a commitment to maximizing efficiency and sustainability.

Looking ahead, Blue Biofuels envisions integrating their CTS process to supply ethanol for their Ethanol-to-Sustainable-Aviation-Fuel joint venture with Vertimass, down the line replacing the sugar cane ethanol that will be used to start the ethanol to SAF production. This positions BIOF as a key player in the renewable energy sector, expecting to be the first to have an integrated process from Biomass to

[valeria123]

It sucks for sure

[valeria123]

It sucks for sure

[NO birds Allowed]

stock is.08. don`t we all think that they deserve the raises they are giving themselves

[NewJerichoMan]

More dumpage into Monday morn...

[NO birds Allowed]

yea I read that, B and A could fuel their own with all of the bullshit they have spoutted over the last 5-10 years

[NO birds Allowed]

I hope at some point they start telling the truth about where they are and what is really happening,

[NewJerichoMan]

Poopy-powered planes in the future?

https://www.bbc.com/news/uk-england-essex-68789981

[NewJerichoMan]

I can't find any news. Small solace but share price holding up better than I thought it would under these circumstances.
$0.09 has been bedrock support. Now, it's been breached. It'll be positive if we climb back over it soon.

[valeria123]

Only thing left here is hope and some
Miracle. Stock is dead, management is playing the same card. When asked about some responsibility, they keep saying the same thing - ben (i brought the company back from the banckrupcy) even though we are not far off now either. Again today huge dump… go figure

[Stridinggod]

https://getyarn.io/yarn-clip/47875eb4-0ae0-477b-b7be-aa2501904f8c

[NO birds Allowed]

and they should not get paid before anything else. the money should go to pruduction, they have give themselves more than enough stock to compensate.

[NO birds Allowed]

getting criminal ! i would argue that it is already criminal. they learned from daniel, !!

[happy gylmore]

I agree they get paid before anything else meanwhile we can't even get a freaking shareholder letter update. We are all clueless and this is getting criminal.

[NO birds Allowed]

they cannot do that without money, and right now they have none. we do not know anything about what they are doing to raise money, the only thing we do know is that when they do, they will get paid before the money goes into the company, and therein lies the problem.

[golongguy]

From the 10k - "The Company believes that it can optimize the pre and post processing elements at this pilot scale plant to finalize design and operational parameters to provide operating cost estimates of a full-scale commercial volume system."

[NO birds Allowed]

unless they close a deal. very shortly and get realistic about compensation in the near term.is stuck

[MrVision68]

Well what do yall think? Is this dime going higher or is this the best it has to offer and prepare for some sinking?

[NO birds Allowed]

My Man, someone sees

[Stridinggod]

Glad someone said it. The 10k shows 40k on 12-31. But hey they made ethanol from sugar!!! Oh wait that's the easy part.

[Stridinggod]

Glad someone said it. The 10k shows 40k on 12-31. But hey they made ethanol from sugar!!! Oh wait that's the easy part.

[NO birds Allowed]

the only reason they are not taking it ,is becasue they have no money to take from the company. ny money that they raise . that the company will need will once again go onto their pockets, To the detriment of shareholders. Usually when someone get a raise they have done something to deserve it.no production no deals no money no plant. so tell me why give themselves a raise,.

[valeria123]

The fact that they are not taking it gives some confidence.

[golongguy]

Read the 10k. Salaries increased for Ben and Anthony - but neither of them have TAKEN a salary since Q3 2023, voluntarily delaying

[valeria123]

Where did you see he raised his salary?

[NO birds Allowed]

Ben raised his salary again!
Now over 1/2 million.
is this accurate , i did not see it

[NO birds Allowed]

about time :)) the only thing is it does not say how much they produced.

[NewJerichoMan]

Great article!

1. $BIOF successfully produced its first batch of cellulosic ethanol using its CTS pilot line. Significant milestone in journey towards commercialization.

2. $BIOF granted two US patents related to its technology, with six more patents pending.

3. Expansion Plans. $BIOF planning to establish production capacity for Sustainable Aviation Fuel (SAF) in collaboration with Vertimass. Evaluating potential locations in Florida that can accommodate both SAF and cellulosic ethanol production facilities.

4. $BIOF engaged in discussions to expand its off-take agreement(s) (contract between producer {$BIOF} and buyer {World Energy Sustainable Products + looking for others} for "X" supply at "Y" price) for biofuels.


Sounds like we're getting close to having an actual product, able to be produced on a commercial scale! We already have a partner to help us produce it. We already have at least one buyer willing to purchase it. Just a few more pieces needed to fall in place and then some big a$$ oil company will come along and snap us up.

[brooklyn137]

Thanks golonguy. This is something, not because they have made ethanol, once they have sugar I don't think that's much of a challenge, but because it may indicate that more is coming. They are talking about offtake agreements, which should mean no dilution. Hopefully, they come through soon.

[golongguy]

https://finance.yahoo.com/news/blue-biofuels-makes-first-cellulosic-130000854.html

[valeria123]

another month, another nothing... sad

[crazyflavor]

Thanks, I was curious and couldn’t find those interviews or data. It’s probably on the website and I missed it.

[valeria123]

The timeline was a semi-commercial plant built and ready by second half of 2023.

[valeria123]

The timeline was a semi-commercial plant built and ready by second half of 2023.

[crazyflavor]

Is it me or have they pulled the old videos (from YouTube) w/ Ben giving timelines & updates?