Blue Biofuels Inc (BIOF)

[happy gylmore]

Mgmt will not communicate with their shareholders. I think they have something that may work but noone knows for sure. They are obviously having issues raising money most likely because of their hush hush stance. Very frustrating.

[MrVision68]

Why is this not moving? How bad is the management at this company??

[NewJerichoMan]

Nice paint job. Happy weekend y'all.

[valeria123]

Some volume today…

[NewJerichoMan]

The only question left is can they raise the money.

And at what price? Selloff today suggest they either couldn't raise money or did so but at a price point lower than our current one. Neither are good but we'd definitely want the latter rather than the former.

[valeria123]

Yes, lets hope so, we need all the help!

[valeria123]

I hope they have and at the moment i do not believe they are fraud, but def. Not the way he posted when the stock ran to $1.5. He did the same to many other stocks, the latest being cbmj! Look at that chart and how he pumped it. I really hope Ben will for once deliver something

[brooklyn137]

Look, we all know what's going on. the company has a technology that works, has a deal with a company that has a technology to convert ethanol to aviation fuel and a license to sell 20 percent ethanol fuel. They have a plan with Vertimass to build a plant. The next step is to raise money. If they are talking to people, and I am virtually sure they are, they probably can't talk to us because because of the rules of their negotiation.

So, what could they say to bring us up to date? Nothing. So talking to us would be worse than worthless. Stockholders would be demanding information they can't give and would be more pissed at the end.

Consider, when we bought we knew we were taking a big risk, but the reward justified it. Now, we are taking a much smaller risk for the same reward. Why smaller? Because all the development has been done. The only question left is can they raise the money.

[AAZ]

But his long analyses, did they have any solid facts and background? Or do you think everything was invented. Or another question: If Altitrade is a pumper, is also the company a fraud, or do they really have a plan for the future? Thanks!

[valeria123]

Altitrade is a pumper

[happy gylmore]

Arrogant CEOs cause price drops like this. Ben will not talk to shareholders about long term plans so they get fed up and sell. Simple as that. Meanwhile he has lost millions on his own shares and really doesn't seem to care. Bad recipe.

[AAZ]

What is happening here? I bought more, because it is cheap, but is there anything left with value in this company? I invested in this one and in CRXM, both recommendations from Altitrade, I still have some hope left, but until now, almost every other investment decision I made by myself was clearly outperforming these ideas by so much. Perhaps there will be a big surprise one day and I will be very grateful for Altitrade’s ideas, but right now we have only new lows or even a delisted company and Altitrade didn’t make an update for a very long time. Good luck to everybody!

[valeria123]

Below 0.05$ incredibile. Let’s get a few more patents though…

[NO birds Allowed]

down again

[NO birds Allowed]

if only we had themoney to monetize any of this

[brooklyn137]

https://www.globenewswire.com/news-release/2024/05/21/2886089/0/en/Blue-Biofuels-Receives-Canadian-Patent-on-CTS-Process.html#:~:text=Blue%20Biofuels%2C%20Inc.%2C%20(,Method%20of%20Using%20the%20Same.%E2%80%9D

[valeria123]

Markets make all time high weekly pretty much, if we can’t raise funds in this environment, I wonder how would we cope if a recession hits…
Hard to believe Ben is capable of running this show, based on history, of him being the CEO so far, the odds are not looking great for us…
Not even sure what anthony and others are doing other than getting salary

[NO birds Allowed]

i do not know what that means

[Stridinggod]

You forgot the /S for "snark"

[NO birds Allowed]

does anyone here wacth any other boards and if so have you seen anything else written about the stock

[NO birds Allowed]

I don`t know val. but from the look of that , they both deserve raises don`t you all think. spectacular performance after all of this time

[Stridinggod]

1000%!!!!!

[valeria123]

https://fintel.io/doc/sec-blue-biofuels-inc-1549145-10q-2024-may-06-19849-5519?utm_source=twitter.com&utm_medium=referral&utm_campaign=filing

[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.