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PBOF is up 65% on 10K shares, one trade.
I am going to email Tim today to see if I can find anything out. I thought the same.
I thought they had to file an 8-k within 5 days? What do we have to do to get an update?
Yeah. Still waiting on 8k.
PBOF is down ~33% on "drop-in-the-bucket" volume. No worries here.
what "transfer agent thing" are you referring to...
PBOF on watch for 8k Filing providing details of Buy out~
PBOF..bet it is some kind of share exchange..where they issue shares in new company and exchange them for old shares..but I sure hope you are 25% right on the .25...0625 would make me overjoyed..when they started with this transfer agent thing..thats the first thing I thought..but hey you never know..
Pegasus Capital Advisors acquires, recaps Peru’s Pure Biofuels
Meghan Sapp | May 9, 2012
Share
In Peru, Pegasus Capital Advisors has purchased and recapitalized Pure Biofuels. Management and Pegasus together purchased the equity of Pure Biofuels, de-levered the balance sheet and provided growth capital for expansion of the terminal and operations.
Simultaneously with the acquisition, Pure Biofuels closed on a significant working capital facility, which will allow the company to increase its sales of ultra-low sulfur diesel and biodiesel products throughout Peru. In addition to the financial flexibility and expansion opportunities that Pure Biofuels gains in the transaction, the company will also benefit from Pegasus’ commercial and technical expertise in the commodities and energy sector through its extensive operating partner network.
PBOF is up 25% but on very light volume.
Basically we are waiting for Pegasus Capital Advisors
to tell us Share holders the PPS of the buyout.
It shouldn't be much longer I am hoping .25+ a share
just passing through, what kind of news are you guys waiting for?
yep just got an e-mail from ameritrade, they haven't received anything yet either... do they have to send it snail mail...
Sure NP..they may have something by now
Ok thanks.
Ok. I have etrade too. When did you call?
If your shares are held in street name your broker must contact you with the information..I called etrade but they said they didn't receive anything yet..
Yes sir but got a sale I'm to get it even if I can
Yeah. I guess we aren't registered shareholders? Sucks. I was really hoping to see something. I guess we have to wait now.
Low volume the past three days. Most longs from the three most recent volume spikes are still holding. PBOF will be going again, shortly; an 88K should be out any day.
http://www.otcmarkets.com/stock/PBOF/news
yeah usually we arent considered registered shareholders IMO... I dont know if they are suppose to legally distribute it to street holders or not...
I bought my position in PBOF on May 1 and haven't received anything either from the company or my broker (Etrade).
the brokerage firms should have part of the information... I got this today... I would say all of us here are street holders and the shares are registered with our brokerages... Ameritrade has not sent me an e-mail back about this nor has the TA... and Tim hasnt elaborated further but has been helpful though...
On May 11, 2012, at 11:30 AM, Kahler, Timothy I. wrote:
Kinda makes you wonder how much is hidden between .017 and .030. I'm thinking there's not much and a volume spike, like there was on Tuesday or the two from the previous week, would move the pps very nicely. There needs to be a catalyst for this to happen, though. IMO.
PBOF
I show .017 for the ask...with 80,090 shares...
I actually just noticed that today while looking...
Anyone notice the distinct higher lows on the chart during the month of May? PBOF
You're welcome!!
The 8K should be out any day according to its instructions:
ask was .03 there for a minute~ 8k Coming confirming this deal!!
I have a feeling when NITE is showing 5K he is shorting and has no shares there... ask just moved to .016 now and .015 bidding
I'm wondering how many orders NITE has hidden behind its 5K at .018 on the ask.
yep not many shares available here...
That wont happen till some real news come out. So I don't expected it no time soon.
Would be nice to get to 10 cents tomorrow. Hopefully we get some good news.
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Pure Biofuels Corp.
9440 Little Santa Monica Boulevard
Suite 400
Beverly Hills, CA 90210
Phone: 310-402-5916
Web Site: http://www.purebiofuels.com
Pure Biofuels del Peru
Canaval y Moreyra 380
Of 402
Edificio Torre Siglo XXI
San Isidro
Lima, Peru
Phone: 616 9292
info@purebiofuels.com
About Pure Biofuels Corporation
Pure Biofuels is committed to becoming a leader in Latin America's rapidly emerging biofuels industry. Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to complete construction in the second quarter of 2008 and to commence full production capabilities by the third quarter of 2008. The Company believes Peru's economic growth and expansion, illustrated by recent exponential growth in foreign direct investment, and GDP growth over the last five years, adds to Peru's promise as an attractive geography for alternative fuel production and development. In addition, rating agency DBRS in 2008 assigned investment-grade credit ratings to Peru's long-term foreign and local currency debt. Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines.
Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming; is non-toxic at any level; and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.
For more information about Pure Biofuels, please visit: www.purebiofuels.com
Contacts:
Pure Biofuels Corp.
Sean Mahoney
310-867-0670
smahoney@purebiofuels.com
or
Investor Relations:
ICR, Inc.
Ina McGuinness/Lena Adams
310-954-1100
Share Structure per various 10Q reports:
A/S increased to 2.5 Billion common shares (from 750 million shares) as of June 2010 to accommodate new and future equity financing arrangements!
As of June 30, 2010, the company had 236.39 million outstanding shares of common stock (per 8/16/10 10Q filed with EDGAR).
As of May 20, 2008, the Company had 77,687,871 outstanding shares of common stock
As of October 15, 2007, the Company had 74,669,769 outstanding shares of common stock.
As of June 30, 2007, the Company had 62,619,102 outstanding shares of common stock.
As of March 31, 2007, the Company had 62,435,428 outstanding shares of common stock.
As of November 17, 2006, the Company had 61,727,421 outstanding shares of common stock.
Recent Headlines:
Pure Biofuels Establishes Jatropha Nursery to Support Its Feedstock Needs - June 10, 2008
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080610005688&newsLang=en
Pure Biofuels Completes Mechanical Construction - June 4, 2008
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080604005294&newsLang=en
Pure Biofuels Completes Expansion of InterPacific Oil Biodiesel Facility and Prepares to Commence Full Scale Biodiesel Production - May 27, 2008
Pure Biofuels Corp. Announces New Chairman of the Board - March 19, 2008
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