Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That should come after the 1st Qtr.Report gets released. I believe their fiscal year is the calendar year. Those who have been watching boards like these know much, but not all, that has been going on.
thv
When the otc says pink current
Amd brokers lift the chill updates come and certainly not on a Friday
had some hope we would see something new
Probably not till we are current.
thought we would have updates!!!!!!!!!!!!!
Show will get on the way soon here.
attorney letter posted
https://www.otcmarkets.com/stock/BLFR/disclosure
also hoping for an update
Waiting for attorney letter to be current
Agree 100%, we will do well! $$$
I remain onboard with this stock. They take actions that need to be taken in a reasonable way and they report those actions to the shareholders just as they should.
I have stated before pn this board that I see the management of BLFR as competent and responsible.
With the resources they now have in hand I see very, very little that stands in their way of acheiving their objectives.
Next month or so should be very good for this company as they advance their agenda for growth. I am encouraged.
It is obvious that some shrewd investors have well taken advantage of the marketplace factors that influence value to acquire very cheap shares over the past half a year.....as they so often do. These investors will be rewarded handsomely. Some already have.
thv
$BLFR
For those who read the filing carefully, the 10 ram cap mergers are still slated to be merged in on schedule.
Cash secured deposits from part of the 180 million line of credit.
In addition, the unwinding with Screaming Eagle should cancel the 45 million shares. They also have pending 18 million OS cancelation which will bring it under 20 mil OS
Still here brotha riding free but still here with a boat load guess we ll see how it goes
Great buying opportunity imo nice job. $$$
Nice got some more bringing the average down!
This is a long term hold for me so I’ll have to weather the storm
The bagholders from the Oct/Nov pump are probably throwing in the towel.
Wish I bought this week not last! I still have faith!
Agree, that's why I read the filings.
Don't fall in love with a stock play. Make sure you know why you are buying more.
Yeah big 100 dollar sale, was only 800 shares, waiting again for my deposit to clear, then buying more, good luck $$$
.13 printed- someone did not like the report-- will add if money becomes available- GL EVERYONE
Just more for us to buy $$$
Let's see how many more idiots there are that want to continue selling their stock in the 20s and 30s
Lmao
This will graduate out of the otc probably within the year
Attorney letter must happen today and then the buy restrictions disappear by the end of the week I figure.
They probably won't say much until after that happens.
It must be better than what he had for us and his company otherwise he wouldn’t have done what he did imo. Will see with the next news release this quarter but I’m in. $$$
has as good of a shot as any in the land of Pink ..key is to get that first LOI closed and revealed
You say so much with so few words, pot of gold at the end of the rainbow, don't you think?
sub 20M OS, 12M DTC w/ no debt, tons of cash, and a campaign of $200M+ in LOI's moving in
def sounds like a fun ride
From my conversation he indicated that just the one entity coming on board was going to be substantial in of itself…a plan of his was that the 4 mill restricted shares he was given would be convertable to common after a time (not sure how long) and he planned to use it as collateral for a loan in order to save taxes….so..imo…his expectations were that these new guys were very experienced pros and this was going to be a very big deal…( my impression)….he strives to always return shareholders call/e-mails/ texts as he had learned this in the past…imo with calls one gets a better ,’ feel ‘ of the situation …he was going to be kept on as head of compliance
The Company is still on schedule on its cash deposit secured LOIs to be acquired within 2024, with its initial acquisition slated for Q2 2024.
On April 26, 2024, after several months of not receiving critical operating and financial information from Screaming Eagle, and having established that some
of the information provided up front as part of the acquisition may be either incorrect or potentially fraudulent, the Company's board of directors decided it had
no alternative other than to unwind the acquisition as of the original date of September 27, 2023. The transaction was reversed in its entirety and the Company
is now looking for a new merger partner.
This news release, makes it seems like the still own a 90% operation interest within screaming eagle. Far from square one, I think.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Executes-Company-Restructure-to-Optimize-Current-Operations-and-Facilitate-Planned-Acquisit?id=434233
Holding-- may add some. You never know how the markets will react.
Share cancellation and other LOI’s should do wonders here!! No large CD’s, SS is prime for next run.
Looks to ms like Rene has come in and wants a clean palate to work with. His deal his people.
And if my math is correct
The 45 million shares will be returned and removed from the OS along with borders 2 million and the 18 million they have been working to remove through the court
Company has no debt but LOIs for 209 million and access to plenty of cash
Cheers
IMO because their INTENDED main source of revs was removed. Back to square one! Realize they still have 10 additional LOI's
Why would that be
They have 209 million in assets they plan to move into the company and access to plenty of cash .
Seems to me they just eliminated dead weight
guess we better see additional info-- or-- it will have a massive DIP- IMO
now we know why the co was silent- major LOI was removed
NOTE 12. SUBSEQUENT EVENTS On February 28, 2024, BlueFire Equipment, Corp. (the “Company”), executed a Contribution Agreement (the “CA”) with Ram Cap, LLC. (“Ram Cap”), Ram
Cap contributed a total of $275,000 cash to the Company and assigned 10 LOIs secured with cash deposits with a combined approximate total value of
$209,000,000 from its controlling interest company, Ramirez Capital Holdings, LLC., with the plan to merge each company under LOI throughout the
calendar year 2024, starting Q2 2024. Additionally, Ram Cap assigned $30,000,000 out of its $185,000,000 secured line of credit from its controlling interest
company, Ramirez Capital, LLC. for 54,000,000 shares of the Company’s series A preferred stock. Furthermore, the shareholders of 45,000,000 shares of the
Company’s series A preferred stock that were issued in September 2023’s merger, converted their shares to common stock under a First Right of Refusal/LeakOut Agreement and canceled their series B preferred stock pursuant to the Contribution Agreement.
Pursuant to the Contribution Agreement, Kirk Yariger was succeeded by Dr. D Rene Ramirez as Chairman of the Board, while Kirk Yariger transitions to
manage Screaming Eagle Partners, LLC. and Screaming Eagle Energy, LLC. to focus on increasing production and expansion. Nickolas S. Tabraue continues
his executive roles and member of the Board of Directors and will be issued 4,000,000 shares of the Company’s series A preferred stock for his time and effort
throughout his term. Mathew Goldston continues his executive role while Jonas Crafts steps down from being a member of the Board of Directors and is
succeeded by T. Dan Powers. The Board of Directors will elect key individuals to the Company’s executive team and members to expand their Board of
Directors to 7 members.
The controlling director, Nicholas Tabraue, paid for multiple outlays during the year ending December 31, 2023 and 2022, totaling $24,909 and $12,030
respectively. The balance of these transactions is shown under related party loans in the balance sheet.
On April 26, 2024, after several months of not receiving critical operating and financial information from Screaming Eagle, and having established that some
of the information provided up front as part of the acquisition may be either incorrect or potentially fraudulent, the Company's board of directors decided it had
no alternative other than to unwind the acquisition as of the original date of September 27, 2023. The transaction was reversed in its entirety and the Company
is now looking for a new merger partner.
annual posted
https://www.otcmarkets.com/stock/BLFR/disclosure
agree! waiting
Followers
|
83
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4876
|
Created
|
06/24/13
|
Type
|
Free
|
Moderators lovethatgreen getmoreshares |
DISCLAIMER:
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |