Blue Biofuels Inc (BIOF)

[brooklyn137]

Thanks for this. Yes, we may be the solution. Plus, the CEO of Shell sounds just like Ben. Both Dutch. Maybe that means something. 🙂

The whole interview is worth a listen too. https://www.google.com/search?q=Jon+Stewart+interview+with+CEO+of+shell&ie=ut#fpstate=ive&vld=cid:7a4b26b5,vid:E_-9Uk3xnkU

[NO birds Allowed]

https://www.instagram.com/reel/Cue-DRfgMKy/?igshid=MTc4MmM1YmI2Ng==

WE may be the solution to what the CEO mentions

[NO birds Allowed]

one more

[brooklyn137]

Looks like a new video from Blue. Pretty good. Nothing new for us, but a good ad.

[NO birds Allowed]

because the Q does not say where the money is going to come from. or when

[NO birds Allowed]

yes that is interesting. withwhat money dod they expect to do this,did ithappn to mention that

[brooklyn137]

The Q is out. I found this interesting. In the management's discussion:

"The Company will prioritize building an SAF facility to generate revenue sooner. First, the Company intends to build a commercial scale ethanol to SAF facility and subsequently build commercial CTS and ethanol facilities on the front-end of that to produce cellulosic SAF and generate the large D7 RIN and other government credits."

That's the first I heard of that plan.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001549145/000149315223026996/form10-q.htm#a_003

[NO birds Allowed]

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-26-2023/card/winners-losers-of-new-biofuel-rule-Au2805boq43mbURESu2P?siteid=yhoof2
I hopw mktman is wrong about that assesment. it would be a huge mistake. IMHO

[BlueChip$]

Yeah I know, my humor adds little value compared to the value of others uptight complaints and sniveling here. And btw, if USDA personnel acquire stock, grants will get awarded...Believe that! Have a happy and fun day! ( If capable)

[valeria123]

This is so helpful wow. Thanks for the info. It really adds a lot of value to this biof board

[BlueChip$]

Our Government is totally corrupt. Make the Biden Admin. and USDA aware of the share price and you'll be amazed of the Gov. funding we get. Also, throw in a little blow for Hunter to seal the deal...just saying😂

[Mktman2024]

After several years of perfecting the process they seem to have decided to seek govt funding and produce independently rather than JV or partner with a major player in the space . Negotiating with the govt takes time. Ben seems determined.

[NO birds Allowed]

those numbers are so good that who ever they are talking to shold have an easier time making a decsion . as long as they can get production up to speed

[NO birds Allowed]

unfinished thought , did not mean to send, however still large seller at .16.any idea if alt bailing

[NO birds Allowed]

I that if that are talking to potential investo

[ThePontesGroup]

CWPE?

Anyone researched CW Petroleum Corp? Similar industry to BIOF, but CWPE has annual revenues. Market Cap ~$50MM


Board Link: https://investorshub.advfn.com/CW-Petroleum-Corp-CWPE-37382

[ThePontesGroup]

CWPE?




Anyone researched CW Petroleum Corp? Similar industry to BIOF, but CWPE has annual revenues. Market Cap ~$50MM


Board Link: https://investorshub.advfn.com/CW-Petroleum-Corp-CWPE-37382

[NewJerichoMan]

Beat me to the punch.

[valeria123]

Let’s hope they get it.

[brooklyn137]

I agree, we need financing. But they have a point as well. The inflation reduction act includes grants and loan guarantees for green projects, like Blue's. Forty percent is to be spent in low income communities, but that includes rural communities like some in rural Florida. No reason that they can't build their facilities in those areas. Also there are loan guarantees when they get to the building stage.

there is more information about the program here. https://www.whitehouse.gov/wp-content/uploads/2022/12/Inflation-Reduction-Act-Guidebook.pdf

[valeria123]

The problem is all these dalays and delays. I hope this will change soon. They were supposed to build the semi plant by year end, and we are already in july and nothing even has started.
Do they have a plan? Do they have some financing deals? Where are we on that regard. These news are good, but they barely make any real impact on the bottom line at the curtent stage. We need some deal in place.
Let’s hope that will start soon.

[valeria123]

I have no doubt about that. The doubt is how they going to build the plant, where are they going to take the funds from? Once we have that, this should be a great stock to own for a long time. Plenty of credits and all, but so far we are not there

[brooklyn137]

Here's the article. https://www.globenewswire.com/news-release/2023/07/25/2710313/0/en/Blue-Biofuels-Reveals-the-Highly-Positive-Impact-of-the-Inflation-Reduction-Act-on-Its-Business-Outlook.html

[brooklyn137]

I got this on IBKR news feed. I can't find the article but it is dated today and sounds positive.
https://api.ibkr.com/news2/desktop2/desktop.html#/view/REUTERS$14f62471?XYZAB=6dcbcc4dd149d584e0f9ae4aebd73d0e934c5b9e&SESSIONID=64bf5202.0000003e&from=TAB&USERID=5919768&theme=dark&lang=en

[valeria123]

I am not. I sold 20% of my position a few weeks back, keeping 80% for now. I was really pissed at no progress or communication from the management, but I still have hope

[NO birds Allowed]

you need to stop selling :))

[NO birds Allowed]

isn`t that an old video

[brooklyn137]

Thanks, got it this time.

[valeria123]

[brooklyn137]

I got an error when I clicked on the video.

[valeria123]

[valeria123]

Also, there is this video from a few months back.

[brooklyn137]

I agree we need financing, valeria123. However, if they have the tech, I think they will get the financing, maybe through a partnership with someone or more federal funding from the department of energy, the department of agriculture or other federal programs. I feel confident but impatient.

[valeria123]

I saw this article 4 days ago. It wont help. We need some serious funding

[marktMONO]

Newest article of Ethanol Producer Magazine. With the volume up today, hopefully there is some momentum coming!!

https://ethanolproducer.com/articles/article-149

[brooklyn137]

and back up on a 119,000 share buy at the close. the market is uncertain.

[valeria123]

Down a down we go, this is sick

[brooklyn137]

Because they won a phase one, they can apply for a phase two and three.

Interestingly, they are past the feasibility stage, so maybe they will get to phase two and three sooner.

[brooklyn137]

From the Dept of Energy.

Both the SBIR and STTR programs at DOE have three distinct phases.

Phase I explores the feasibility of innovative concepts with awards up to $100,000 for about 9 months.
Only Phase I award winners may compete for Phase II funding.
Phase II focuses on the principal R&D effort, with awards up to $750,000, over a two-year period.
Phase III, in which non-Federal funding is used by the small business to pursue commercial applications of the R&D. In addition, under Phase III, Federal agencies may award non-SBIR/STTR-funded, follow-on grants or contracts for products or processes that meet the mission needs of those agencies, or for further R&D.
https://science.osti.gov/sbir/About/Phase-I-and-Phase-II-Info

[3Djschmidt]

Blue Biofuels Receives Department of Energy Grant for Groundbreaking Renewable Fuels Technology
GLOBENEWSWIRE

1:12 PM ET 07/11/2023

PALM BEACH GARDENS, FL, July 11, 2023 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (BIOF) . Blue Biofuels (BIOF) (the “Company”) announces today the receipt of a prestigious Department of Energy (DOE) Small Business Innovation Research (SBIR) Phase 1 grant. The grant, valued at $206,500, will further propel Blue Biofuels' (BIOF) mission to revolutionize the biofuels sector and create sustainable transportation and aviation fuel.

The DOE SBIR Phase 1 grant will enable Blue Biofuels (BIOF) to advance its efforts to scale and optimize its patented cellulose-to-sugar (CTS) process. This funding will support the Company’s team of scientists and engineers as they continue to refine cutting-edge fuel technology aimed at reducing carbon emissions and mitigating climate change.

CEO Benjamin Slager expressed his excitement about this achievement, stating, "We are honored to be awarded the DOE SBIR grant, which recognizes our commitment to developing clean and sustainable fuels. This grant not only validates our ongoing efforts but also provides us with the resources needed to accelerate our research and move closer to commercialization."

With this grant, Blue Biofuels (BIOF) aims to successfully complete its Phase 1 scaling objectives, paving the way for future opportunities to secure larger-scale grants. The Company is poised to leverage the findings and data generated from this project to pursue subsequent DOE SBIR Phase 2 & 3 grants, potentially worth millions of dollars. Blue Biofuels (BIOF) remains steadfast in its commitment to advancing the biofuels industry and ushering in a cleaner and greener energy landscape.

Blue Biofuels (BIOF) is grateful to the Department of Energy for their trust and support in this endeavor. The Company is confident that this grant will serve as a stepping stone towards even greater achievements in the future, driving the Company toward commercialization and production.

[NO birds Allowed]

antone been able to getin touch with our ear leaders?

[valeria123]

Lol ok, picked up qucik) we are always trading at the lows for the past 2-3 years, you are making it sound like there is sucks a great deal here. I will hold a small position just in case a miracle happens, which i highly doubt by now

[happy gylmore]

Then ya I would blow out of your holdings. They will get picked up quick. Good luck to you.

[valeria123]

Like it makes a difference. For over 3 years it is the same thing

[happy gylmore]

Then I would give ben a call or text and let him know. Maybe he would take it off your hands or would give you some info to make you feel better.

[valeria123]

I started selling but just a bit yet, i still have plenty (85%) left but getting tired and exhausted of the same story year after year with no action

[happy gylmore]

I'm confused. Wasn't that you that sold out yesterday ? Ben has a plan. He is QUIET. I DONT like it either and I think he manages the shareholders horribly but he has a plan and will come out with it at some point. Probably a 2024 story I would bet.

[valeria123]

I wonder if somebody knows anymore what is going on with $biof and its management?! Maybe altitrade?

[valeria123]

I guess nothing is happening here, too bad Ben did not deliver anything promissed. Nothing positive here ever with ages… time to move on and forget about this nightmare

[NO birds Allowed]

there are only 2 people youcan ask