Blue Biofuels Inc (BIOF)

[NO birds Allowed]

another year of the same story. maybe that will change

[NO birds Allowed]

yes hopefullly

[NewJerichoMan]

Well, this is never fun.

But if one is inclined to increase their position, I'm sure they'll be plenty of end-of-year tax selling. Bon Appetit.

[happy gylmore]

Merry Christmas to you as well. Hopefully we will actually hear what is going on next year.

[brooklyn137]

And to you as well. and hopefully a profitable new year.

[NO birds Allowed]

Merry Christmas to all of you!!

[NO birds Allowed]

maybe they get it together next year.

[NO birds Allowed]

maybe they get it together next year.

[NO birds Allowed]

because there is no volume , it is the end of the year and there will be any real interest until/unless they form a partnership and raise some real money,. until then just fuggetaboutit. in a bad way

[brooklyn137]

The bid ask spread was .10 to .1119 for most of the day. So someone sold 700 shares at the bid. It closed between the two at .10675 on 500 shares.

BTW, on these hardly traded stocks the bid ask spread is frequently very large.

[3Djschmidt]

Can someone explain how it goes from .1118 in stock price to .10 with only 700 shares traded resulting in a -10.47% drop?

[brooklyn137]

Right, maybe with interest rates topping and possible coming down, capital will become available for the mircos. Let's hope.

[NewJerichoMan]

Or maybe it's finally time for the OTC to come out of its slumber? Have a couple other movers lately, too. Volume basically has no where to go but up.

[brooklyn137]

No news that I know of. I think if there were news the volume would be higher. Could be that some people have been convinced that the high volume selloff that happened on November 8th or so is over. Or, the November seller booked his loss and thirty days have elapsed so he or she is buying back. Anyway, we just have to wait I guess.

[NewJerichoMan]

Is their news out?

Or just low volume melt-up?

[NO birds Allowed]

well unfortunately look like another year has gone by and we have seen nothin but empty promises and more how shall I say it .half truths and no agreements, no money raised and zero product produced.I hope they they are successfull inthe future but it look like these guuys could screw up a wet dream. ell maybe next year.

https://www.nytimes.com/interactive/2023/11/30/climate/airlines-jet-fuel-ethanol-corn.html

[brooklyn137]

chatgpt??

[valeria123]

Lol great article🤣🤣

[valeria123]

Lol great article🤣🤣

[happy gylmore]

Aligned with shareholders expectations LOL
Steady demand for the companies offerings LOL

The decline in losses comes from the fact that they are running out if cash and will not update shareholders on what has happened over that last 12 months as we continue to hit 52 week lows.

This is just crazy 🤪

[happy gylmore]

This may be the dumbest article I have EVER read. The stock is at yearly lows and this guy is bragging about reducing costs. This would be great if we actually made money. You think we will ever see third party data that was promised ? I'm hoping for a miracle on this one.

[JCO89]

https://csimarket.com/stocks/news.php?code=BIOF&date=2023-11-30131112

[happy gylmore]

Scalability ? We STILL do not have 3rd party results that show it works in the first place. We know it converts well but that is all. So if I throw a beer can in the machine 100% of the can will come out the other end. We need to know that it works because shareholders do not know and that is the main problem right now. Then comes scalability and then cash depending on how you look at it.

[Stridinggod]

They would have to raise $10mms and compete with the other 15 liscenees who already make 100mm+/gpy Ethanol....let's see if Ben and the boys can prove scalability with the DEO grant IF they get to phase 2 DEO $1mm. Where are the 182 acres?

[Stridinggod]

It's been a decade for some of us. Hope the doe grant helps get clarity on viability of the TRL

[valeria123]

Yes, we can only hope. They got the land, so one would guess there should be a good reason for it, which can give us some hope, but we will see

[3Djschmidt]

Blue Biofuels Increases its Land Holdings to Grow Feedstock for Biofuels to 182 Acres - This was posted April 20th........

Once Giant King Grass is planted, it can be harvested at 3 feet tall (1m) for biogas production after 40 days, and subsequent harvests are every 25 to 30 days. For other applications such as pellets or biofuels, it is harvested at 13 feet tall (4 m) after195 days and subsequently every 120 days.

This puts us at Nov. 1st if planted on April 20th, which I assume was not, to reach its 13 feet height. Then it has to be harvested and converted.

I can only hope some news comes out soon.

[NO birds Allowed]

just a made up date, we will hear about year end tax loss selling now I am sure.. another year wasted with promises and nothing done yet again,almost time to throw this into the scrap heap of history with the edsel, and beta max, .

[valeria123]

Why after jan 30?

[brooklyn137]

why January 30?

[NO birds Allowed]

we may not have anymore info. until after jan30 2024

[valeria123]

Looks like we are in deep…

[NewJerichoMan]

Looks like a nickel is our new floor.

Means we're all virtually wiped out who've held for a decent period of time. Time to consider a cheap double down or continue waiting. Decisions, decisions...

[Mktman2024]

total amount of land up to 182 acres. This land increase is a necessary step to provide sufficient feedstock for the next step up in capacity after the recent success of the pilot line.The land should provide sufficient feedstock to create around 500,000 gallons of ethanol per year.

[happy gylmore]

The next semi commercial will be able to handle 50,000 tons per day.

[jtk1950]

Valeria,
You are right. Please ignore my posts. I badly messed up my numbers.
Jake

[valeria123]

The current komerak prototype already delivers (based on them) 2.5 tons/day. 50 gal is nothing

https://www.greencarcongress.com/2022/08/20220826-bluebio.html#:~:text=Blue%20Biofuels%20reports%20a%20significant,of%202.5%20tons%20a%20day.

[jtk1950]

Hi Valeria,
I believe the next level of Reactor that would be worked on is the 50 gal unit but I would be very glad if it is the 5000gal unit instead..

[valeria123]

50 gals or 50k gals? In either case they need to confirm anything, until then it is pure talk

[jtk1950]

I think the next prototype would be the pre-semi. And the eta for that unit? Around first qtr 2024 with a capacity of of 50 gals.

[valeria123]

Yes, seems like we have the privilege to review and decline if we don’t like it))) since we have so many options))

[happy gylmore]

Review it ? They need to make cash any way they can in order to make money to finish this commercialization. They have a semi commercial plant. Let's use it and grow this company and show that it works.

[golongguy]

"Given the fact that the Vertimass technology is mature and ready for production, the Company is reviewing whether to start executing on SAF production on a 10 million gallon per year level, and then add the first two steps on to it in a later phase when CTS is fully commercialized."

[brooklyn137]

Found it, sorry.

[brooklyn137]

Where did you see convertible notes, valeria, I couldn't find it. tia

[valeria123]

The good news is the convertibles are with all the board members, so this gives us some confidence

[valeria123]

Convertible notes $350k!!!

[valeria123]

Form 10-q is out

[valeria123]

Let’s hope

[Mktman2024]

Not saying 5 over nite but with the unique low cost process and right major involved it could be a 1. Billion plus valuation or easily a buyout far above where it is now