Blue Biofuels Inc (BIOF)

[valeria123]

Today is when the 2.4mil debt should expire

[valeria123]

$gevo starting to run, hopefully $biof will follow soon

[valeria123]

Over 0.20 would be a good sign

[valeria123]

Over 0.20 would be a good sign

[valeria123]

First good week for $biof in a long time, looks like things are finally turning around.

[billnew5]

Thx! Good news indeed. Maybe in a vouple of weeks something else.

[valeria123]

Lates 10q

https://ih.advfn.com/stock-market/USOTC/blue-biofuels-qb-BIOF/stock-news/94345461/form-10-q-quarterly-report-sections-13-or-15d

[billnew5]

That is good news. Can you provide a link to where you fiund that or at least say where and if it is accessible? TIA

[valeria123]

Another good thing coming, looking at financials:
“$2,417,502 will be discharged if not paid by September 18, 2024, which is 5 years after the Company exited bankruptcy. “

Seems this will expire soon, without convertible into stocks. So a plus to shareholders

[NewJerichoMan]

Breaking through the resistance at $0.09 is bullish no matter if the share price holds.

[NO birds Allowed]

I know . itis good to be positive on this again

[crazyflavor]

No worries, it was just a joke.

[NO birds Allowed]

I am a man for whom when the facts change I revise my opinion.A shocking thought to some

[crazyflavor]

What’s all this positive talk? who are you people ;)

[valeria123]

Yes, I think we are finally turning the corner.

[NO birds Allowed]

soon .val . looks like they have finally turned the corner conversations are onging.also looks like the sellers are out of the way for now

[valeria123]

We need another 100 days like today to be at $1))) i hope we will see prices over dollars in our lifetime for this stock

[brooklyn137]

There does seem to be a little market reaction. Only up about a penny from yesterday's close, but that's about 11 percent. Let's see if it holds.

[brooklyn137]

In case anyone is interested, at this link is a description of the DOE sbir grants and the three phases. Blue just got phase two which is for technology development. Phase one, proof of concept, phase two, Technology development. The DOE lists phase two as lasting 24 months. Phase three is listed as commercialization. There is no limit to the amount of phase three awards. https://www.sbir.gov/sites/all/themes/sbir/dawnbreaker/img/documents/Course9-Tutorial4.pdf One of the ideas of phase three is that government agencies can be customers of the newly commercial companies. this all sounds very good.

https://www.sbir.gov/

[valeria123]

I think this is the best news we had in a while. The cts process and the grant money is an indication that things work, so hopefully soon we will get more positive news, especially on financing and commercialization. That will be a game changer news if or when they come

[brooklyn137]

Not too many people know about this stock and those who do are already fully invested. The stock will move when they get funding for a plant.

[valeria123]

Pretty good news, yet stock flat to down and no volume. Go figure the logic…(((

[brooklyn137]

Thanks valeria123. great news indeed. Let's see what the market thinks of it.

[valeria123]

Blue Biofuels Receives $1.15 Million
Department of Energy Phase 2 Grant
PALM BEACH GARDENS, FL; September 4, 2024 / Blue Biofuels, Inc. (OTCQB: BIOF).
Blue Biofuels is thrilled to announce that it has been awarded a Phase 2 Small Business Innovation
Research (SBIR) grant from the U.S. Department of Energy amounting to $1.15 million. This
significant funding will support the final stages of scaling the company’s patented Cellulose-to-
Sugar (CTS) process, a groundbreaking technology that efficiently converts plant-based cellulose
into sugars, which are fermented into ethanol to be used as sustainable biofuels. This Phase 2 grant
follows the successful completion of Phase 1, where Blue Biofuels demonstrated the feasibility
and effectiveness of its CTS process, paving the way for this Phase 2 grant.
CEO Ben Slager expressed his enthusiasm for this milestone, stating, "We are very grateful to the
Department of Energy for their continued support and confidence in our CTS technology. This
grant will allow us to accelerate the commercialization of our process, bringing us closer to
providing a sustainable and economically viable alternative to fossil fuels. Our goal is to play a
significant role in reducing carbon emissions and promoting energy independence, and this
funding is crucial in helping us achieve that vision."
The awarded grant will be utilized to complete the scaling of the CTS process, enabling Blue
Biofuels to move forward with commercial deployment. With the successful completion of the
Phase 2 project, all stages of the process—from biomass collection to ethanol production—will be
fully integrated, optimized, and scaled up. The project also includes the completion of the
engineering design of the manufacturing plant to the FEL2 level.
All government proposals undergo a rigorous review by a panel of experts in the field, ensuring
that only the most promising and innovative projects receive funding. The success of Phase 1 and
the endorsement of this panel underscores the potential of Blue Biofuels' technology to
revolutionize the biofuels industry, providing a cost-effective and environmentally friendly
method of producing renewable energy.
About Blue Biofuels, Inc.
Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented
Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology. CTS is a sustainable,
and renewable green energy system with the potential to achieve a near-zero carbon footprint. The
CTS process can convert virtually any plant material – grasses, forestry products, and agricultural
waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently
processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further
processed into a variety of products. The CTS process is a patented and proprietary technology
wholly owned by Blue Biofuels.
Blue Biofuels’ CTS technology represents significant progress in renewable energy, offering a
sustainable solution that reduces reliance on food crops for ethanol production. By utilizing
abundant and renewable biomass sources such as king grass, sugar cane bagasse, and corn stover,
the company is positioned to contribute meaningfully to the global transition toward cleaner
energy. This versatility allows the company to take advantage of feedstock variability in different
locations around the US and the world.
Special Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other
important factors that could cause the Company’s actual results, performance, or achievements or industry results to
differ materially from any future results, performance, or achievements expressed or implied by these forward-looking
statements. These statements are subject to a number of risks and uncertainties, many of which are beyond the
Company’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”,
“anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-
looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking
statements included in this press release are made only as of the date of this release. The Company does not undertake
any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances.
The Company cannot assure you that the projected results or events will be achieved.
Contact:
Ben Slager, CEO and Chairman
[e-mail]
Anthony Santelli, CFO
[e-mail]
SOURCE: Blue Biofuels, Inc. www.Bluebiofuels.com

[valeria123]

Good. I also saw that they got the $1.15 million grant from DOE phase 2, this is very good news.

[brooklyn137]

News out, upgraded cts process. https://www.otcmarkets.com/stock/BIOF/news/Blue-Biofuels-Produces-Ethanol-in-High-Yield-from-Multiple-Feedstocks-in-its-Upscaled-CTS-Process?id=451988

[valeria123]

Another month another nada. Thanks $biof management for great progress and returns to shareholders.

[valeria123]

Another month another nada. Thanks $biof management for great progress and returns to shareholders.

[NewJerichoMan]

That was a major portfolio adjustment for me. Nothing to see here.

[3Djschmidt]

Huge volume today..........36 shares traded by 1:20pm.

[valeria123]

Better not be sept of 2035)

[NO birds Allowed]

if anyting shows up wont be until after september

[valeria123]

Even gevo is waking up… let’s hope we have something to show soon…

[NO birds Allowed]

in for a penny in for a pound at this point these boy have little choice, the have to pay the staff and and keep ben happy, even thoughhe keeps gumming up the works

[crazyflavor]

Don’t think they’d throw good money after bad results

[valeria123]

Maybe… but at this phase we will all be old or lucky to see something materialise with this company. It’s been already 5 years alone since Ben did the bankruptcy, at this speed, it will take another 25 years to produce something…

[brooklyn137]

The new convertible debt is all from directors of the company. They should know more about what is going on than we do and this is a vote of confidence. In addition, it the new notes seem to be non-interest bearing. All this seems like good news. They will still have to raise money to build a plant, but at least director Kneppers.

And the convertible notes have a fixed conversion price so they are not toxic.

[valeria123]

A bit strange about the convertible debt a lot now

[valeria123]

A bit strange about the convertible debt a lot now

[brooklyn137]

The 10q came out on 8/8/24. It showed they have enough money to last the next few quarters. That may account for the volume increase.
It's available on otc markets.

[NewJerichoMan]

Any news today or just some excited retail buyers in the neighborhood?

[valeria123]

I would assume Ben… call him and see what he says

[NO birds Allowed]

so who know something

[NO birds Allowed]

back yo .01 we go

[Jagman5]

Good to know. Thanks for the info.

$BIOF

[valeria123]

Based on who Ben is and why he is here for so long, doing toxic financing, would be the stupidest thing he would do. So, if anything, I would say he would never do it. As much as I hate their progress and communication, I do not believe Ben would kill the company like this. He has a lot of skin in the game, so let's hope they get some real investment or JV or something.

[Jagman5]

I also hope they don't do it via toxic financing. THAT will kill them.

$BIOF

[crazyflavor]

Sounds like the Tech works. The concern is the same as always. Financing to buy a plant. Not cheap, I hope they don’t try to do that via dilution (at least not at these prices)

[NewJerichoMan]

Now? It's always been a hit-or-miss play.

[valeria123]

Yes, I guess everyone is now looking for some moonshot miracle, as many have probably already written the loss off. It is either full loss, which is not much from these levels (especially for me anyways), or some miracle. The fact that management is not communicating anything is not helping at all. Anyways, best of luck to us