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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
I texted him last week and he said it was scheduled for this week so I believe him, imo
a bigger sell at .22- 30k shares
subtlerise
Member Level
Re: None
Thursday, April 25, 2024 1:01:47 PM
Post#
4769
of 4823
phoned Nickolas.....left a message....he returned my call within 2 minutes.....spoke for about 20 minutes ....restructure was finalized 2 days ago.....he is confident the filings will make it by tuesday....thinks more likely on monday....everything will go at once.
Tons of experience ( my take) ....they are fully aware of the expert market risk......the other details keeping to myself besides he speaks fast and it was kind of a blur....at first he was using bluetooth and was hard to fully understand.....don't take my word on this .....do your own DD
I didn't see that. Where at?
co said news soon- this week
I love this company but lately has been disappointing. They could face delisting it's becoming a gamble with no annual filed . I might have to sell so I don't get expert market bagged and buy back once they file showing some life. Hate these situations
Sure hope so
no- just checked
If they upload the annual tonite or tomorrow the buy chill should be gone by Wed
Yea 100 k at .24 dosent mean anything right now. Either news comes out this week and this Flys or it dosent this week and we're all bagged.
bid? my l2 is not loading
Best time to buy them is when nobody wants it.
All that matters is market sentiment and at the moment the market doesn't care about this stock, at all
He sure is. Dude wont let it go.
That would be awesome , definitely a good chance $$$
.83 is the 52 week high-- hope we see new highs soon
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