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$SGTM displayed in Manhattan NY.
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$SGTM Signs Purchase Agreement to Acquire Patents and Intellectual Property for Disruptive Agricultural Technologies
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$SGTM Announces Binding Letter of Intent to Acquire Regen Hubs and HumiRock, Strategically Seeking to Revolutionize Sustainable Agriculture
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$SGTM. Acquires Regen Hubs, its Related Entities, and its Assets
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$BLFR Elects Daniel Borders as its First Advisory Board Member to Assist in 2024’s Aggressive Growth Plan
https://www.globenewswire.com/news-release/2024/01/11/2807944/0/en/BlueFire-Equipment-Corp-BLFR-Elects-Daniel-Borders-as-its-First-Advisory-Board-Member-to-Assist-in-2024-s-Aggressive-Growth-Plan.html
$BLFR Celebrates a Year of Major Achievements Leading to a Pivotal 2024
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Celebrates-a-Year-of-Major-Achievements-Leading-to-a-Pivotal-2024?id=425916
$BLFR Acquires Screaming Eagle Energy, LLC., Purchasing Oil and Gas Producing Assets in Texas
https://www.globenewswire.com/news-release/2023/12/18/2797858/0/en/BlueFire-Equipment-Corp-BLFR-Acquires-Screaming-Eagle-Energy-LLC-Purchasing-Oil-and-Gas-Producing-Assets-in-Texas.html
$BLFR Enters into a Joint Operating Agreement and Participation Agreement with Resource Rock Exploration, LLC.
https://www.globenewswire.com/news-release/2023/12/08/2793212/0/en/BlueFire-Equipment-Corp-BLFR-Enters-into-a-Joint-Operating-Agreement-and-Participation-Agreement-with-Resource-Rock-Exploration-LLC.html
$BLFR entered into a LOI with Willcox International Holdings, Inc. (“WINH”), a 10% owner and in progress to fully acquire NeoLithica, Ltd.
The LOI is for BLFR to form a Partnership with $WINH. BLFR proposes its current operating assets located in Bedias Creek and Gin Creek South Texas for WINH to test and extract lithium deposits for a 50/50 net profit split from all extracted lithium sold. Furthermore, the Company proposes its future acquisitions on operating assets by WINH providing 20% of the required equity from the Company’s 80% secured private credit to purchase the operating assets. All operating assets jointly purchased will grant WINH 20% of the operating asset’s net profit and a 50/50 net profit split on from all lithium deposits found, extracted, and sold.
The LOI:
https://otcmarkets.com/otcapi/company/financial-report/388895/content
More about Willcox International Holdings, inc.:
https://willcoxinternational.com
More about NeoLithica, Ltd.:
https://neolithi.ca
BlueFire Equipment Corp (BLFR) Shares a Letter from the Interim CEO with the Status on the Many Progressing Items
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-the-Status-on-the-Many-Progressing-Items?id=423394
$BLFR plans to cancel its Series B Preferred Stock in the very near future, once other critical items/events have transpired. Each Series B Preferred Stock holder has agreed to cancel their shares to support and maintain share structure integrity.
$BLFR plans to cancel its Series B Preferred Stock in the very near future, once other critical items/events have transpired. Each Series B Preferred Stock holder has agreed to cancel their shares to support and maintain share structure integrity.
— BlueFire Equipment, Corp. (BLFR) (@OTC_BLFR) November 30, 2023
$BLFR's management sincerely apologizes for the delay on the many items/events that have been in progress that have yet transpired. Due to the week of November 19, 2023, Thanksgiving week, many businesses were closed and individuals were not available. Due to this, it has unfortunately delayed many of the events/items that are being finalized.
Management anticipates on transpiring and sharing 1 to 2 of the many events/items within this week with many more after. Please keep a look out on BLFR's disclosures, tweets and potential announcements.
In the interim, management will do its best to keep its loyal investors/shareholders informed as they progress.
Management greatly appreciates its supportive and loyal shareholders as BLFR evolves.
$BLFR's management sincerely apologizes for the delay on the many items/events that have been in progress that have yet transpired. Due to the week of November 19, 2023, Thanksgiving week, many businesses were closed and individuals were not available. Due to this, it has…
— BlueFire Equipment, Corp. (BLFR) (@OTC_BLFR) November 29, 2023
$BLFR uploads detailed share structure breakdown of its common stock as of November 22, 2023, (latest transfer agent posting date).
"Transparency is key to establishing trust and loyalty."-Nickolas S. Tabraue, Interim CEO & Director of the Board.
https://www.otcmarkets.com/otcapi/company/financial-report/387579/content
$BLFR is in final stages on securing approximately $45 million dollars in private credit to acquire an operating asset producing over $2 million in monthly EBITDA from approximately 1,650 BOD on 40k acres with numerous drill locations and recompletions to increase future production. The acquisition will bring in an additional 1,650 BOD over its current operating assets. Further details will be shared very soon once the LOI has been executed and uploaded.
Within the end of September 2023, Screaming Eagle BNR JV, LLC’s (“SEBJ”) non-operating working interest operated by Burk Royalty, Co. was sold to Exponent Energy, LLC. (“Exponent”). The change will benefit SEBNR JV due to Exponent’s increased focus on the asset and willingness to work with SEP to significantly increase production with a target of 1000 bbls/day by Q2 2024 and to take steps to decrease Lease Operating Expenses by $25,000/month by year end 2023. These efforts will significantly increase profits for $BLFR in future periods.
OTC Markets does the 211 for the company if they qualify to uplist as well as NASDAQ.
Updated $BLFR Announces its Third Quarter Fiscal 2023 Financial Results, Highlights and Outlook
https://www.globenewswire.com/news-release/2023/11/20/2783629/0/en/Updated-BlueFire-Equipment-Corp-BLFR-Announces-its-Third-Quarter-Fiscal-2023-Financial-Results-Highlights-and-Outlook.html
$BLFR Shares a Letter from the Interim CEO with 2023’s Timeline
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-2023s-Timeline?id=421880
$BLFR is in final stages on securing a $40 million private credit to acquire an operating asset that produces approximately 1.8k-2k BOE/D on 40k acres with numerous drill locations and recompilations to increase production. (the Q4 acquisition)
$BLFR OTC Markets will reflect the Authorized Shares of Common Stock reduction and Series A Share increase by November 15, 2023.
View BLFR's Transfer Agent update in the Supplemental Disclosure
https://otcmarkets.com/otcapi/company/financial-report/385559/content
Once they complete their audit, they will work towards NASDAQ uplisting or QB during the interim to remedy the 211
$BLFR has emailed the stamped Amended Articles to the Transfer Agent to update the Share Structure accordingly. Once completed, BLFR will update is shareholders and investors.
View Supplemental Disclosure:
https://otcmarkets.com/otcapi/company/financial-report/385469/content
$BLFR has commenced the process to reduce the Authorize Shares from 2 billion to 250 million. Management anticipates to complete the process no later than mid-November 2023.
$BLFR "there is no need to have more than 250,000,000 shares authorized to manifest our vision while maintaining share integrity and increasing value." - Nickolas S. Tabraue
https://otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-Updates-on-the-Share-Structure?id=419478
$BLFR plans to commence the process on amending its articles to decrease the current 2 Billion Authorized shares to 250 Million shares. The conversation with SEC legal has been made with the intentions to execute in the beginning of November 2023.
https://otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-a-Letter-from-the-Interim-CEO-with-Updates-on-the-Share-Structure?id=419478
$BLFR is currently working on a major producing asset anticipated to close by the end of 2023 and a second within Q1/Q2 2024, to increase productivity and revenue, overall increasing company value.
https://www.globenewswire.com/news-release/2023/10/31/2770167/0/en/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting.html
$BLFR's management is confident that there will not be a need for a reverse split to meet NASDAQ’s $5.00 minimum bid requirement.
https://www.globenewswire.com/news-release/2023/10/31/2770167/0/en/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting.html
$BLFR engaged Eventus to assist the Company to efficiently uplist to NASDAQ by the end of 2024 as well as enhancing financial operations and ensuring compliance with regulatory standards.
https://www.globenewswire.com/news-release/2023/10/31/2770167/0/en/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting.html
$BLFR Partners with Eventus Advisory Group, LLC. to Work Towards NASDAQ Uplisting.
https://www.globenewswire.com/news-release/2023/10/31/2770167/0/en/BlueFire-Equipment-Corp-BLFR-Partners-with-Eventus-Advisory-Group-LLC-to-Work-Towards-NASDAQ-Uplisting.html
That's their goal from what it reads.The partnership also shows that $BLFR is not planning to raise capital through shares anytime soon being cashflow positive and forming partnerships mentioned today.
$BLFR recent agreement disclosed on OTCMarkets, talk about transparency!
https://www.otcmarkets.com/otcapi/company/financial-report/384457/content
$BLFR, Resource Rock Exploration, LLC.:
Resource Rock was a Kayne Anderson portfolio company with a financial commitment from Kayne Anderson Energy Fund VII and Fund VIII for $100 million, respectively. Resource Rock, based in Houston, TX, is focused on acquiring and developing oil and gas properties. Founded in 2017 by Charles Wampler and Stewart Delcambre, the founders have grown the company over a short time to include highly skilled professionals with a broad skillset to support in developing oil and gas assets.
https://www.resourcerockexploration.com/who-we-are
$BLFR shall negotiate a Joint Operating Agreement with Resource Rock Exploration, LLC. for the operation of assets on or before November 3, 2023. We should be seeing something soon on this.
https://www.globenewswire.com/news-release/2023/10/26/2767848/0/en/BlueFire-Equipment-Corp-BLFR-Enters-into-a-Binding-Letter-Agreement-with-Resource-Rock-Exploration-LLC-to-Increase-Oil-Production.html
$BLFR secures approximately $3,000,000 dollars through new partnership to fund work overs and recompilations on wells owned Screaming Eagle Partners to towards producing 10,000 barrels a day by the end of 2024.
Jim Neuner, Oil and Gas member:
Mr. Neuner brings in over 46 years of drilling experience after graduating with a BS in Mining Engineering from Colorado School of Mines. Mr. Neuner has dewatered & disposed wells for Gulf Oil Corp. at Mount Taylor Project; was a wellfield Engineer at Nine Mile Lake Project for Union Pacific Corp; involved in Champlin Petroleum Inc. Production & Reservoir Engineer covering operations for DJ, Powder River & Williston Basins; involved in the production & reservoir Engineer covering Green River, DJ, & Las Animas Basins , West Coast & Canadian operations. 1984-1989. Non- operated Production Manager for US Onshore, Pacific Onshore & Offshore and US Gulf Coast 1990-1993. Overthrust Belt Manager covering operations for Yellow Creek & Cave Creek Deep. Pineview & horizontal development of Elkhorn Lodgepole fields. Project Manager for Wahsatch Gathering System. WI manager for non-op development of Anschutz Ranch East, Whitney Canyon & Painter reservoirs 1993-1995. Engineering Manager for horizontal development of Giddings Austin Chalk 1,400 operated wells (Net 175 MMcfd & 40 Mbopde) with peak drilling activity of 39 operated rigs. 1995-1998. Engineering Acquisition Lead for US & International Union Pacific Resources Corp. 1999-2000. Engineering Acquisition & Divestiture Lead for US & International Anadarko Petroleum Corp. Completed $23,300,000,000 acquisition of Kerr McGee Corp. & Western Gas Resources. Completed over $9,000,000,000 in asset sales & minor acquisitions of $2,000,000,000. 2000-2014. Consulting Engineer for LP Operating LLC. Serpentine plug E&P. Consulting Engineer for Infinity Texas Energy Partners LLC. Texas Gulf Coast.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-its-Highly-Experienced-in-Oil--Gas-Team?id=418840
Zachary Hon, Oil & Gas:
Mr. Hon brings 15 years of experience in exploration development, supply chain, business development for independent O&G companies, QA/QC inspection & analysis, onshore/offshore oil and gas operation fields. Provided my skills listed above to a wide variety of upstream oil & gas operations, U.S. D.O.D. projects, fleets of heavy commercial equipment, plant equipment, electrical generation, mobile offshore drilling units, onshore and offshore drilling rig operations, and military equipment with letters of recommendations. Started my oil and gas career with Moore Well Services in the summers during high school in Oil City, LA from 1998-2002. In 2004 began with Noble, starting at roustabout until I worked my way up to operations engineer trainee through experience and internal engineering fast track training. During that role I helped manage the drilling of 24 offshore wells for Shell Oil in Walker Ridge and Alaminos Canyon in the Gulf of Mexico. Spent time working abroad in the Middle East with a project critical role as QA/QC Data Analyst for SAIC and Department of Defense. Within this role on the multi-billion dollar a year JLI- MRAP operations support project for the Department of Defense, Mr. Hon analyzed the quality data works providing process and quality control improvement of 13 different companies, in which 6 were fortune 500 companies, that saved $600,000000 on the project budget annually. After his tenure ended in the Middle East Mr. Hon consulted for BG, BP, Shell Oil, Henry Resources, Apache Oil , Sand Ridge, PEMEX, MexDrill, PETROBRAS, Transocean, and Diamond Offshore under Hon&Clark Energy/Athens Group Umbrella. Mr. Hon was contracted by Athens Group where he developed their oil and gas consulting portfolio from startup to $10,000,000 in annual business. Outside of consulting Mr. Hon had taken on oil and gas projects independently since 2012. Since being independent, Mr. Hon has been involved with Acquisitions and development in the Eagle Ford that led to divestitures to Stat Oil and Linn Energy that resulted in a 4 to 1 return. In 2015, Mr. Hon was involved in an ongoing JV development in Zavala County, Texas, that was suspended for the time being during low oil prices, which resulted in 2P reserves of 300,000,000 BBLS of oil recoverable confirmed by Ralph E. Davis Associates. In 2016, contributions were made to the Petroleum and Natural Gas Handbook by Gulf Publishing Company that was to be completed 2017 for college petroleum engineering courses and was a lead facilitator on a research engagement for a new linear electronic oil pump while doing due diligence on projects in the Permian Basin and Eaglebine Fareways. Head of business development for start up oil and gas company Winright Oil in 2017 and was part of the raising $50,000,000 towards the acquisition of Range Resources assets in the Anadarko Baisin. Evaluated 150 potential oil and gas transactions from 2016-2017. During 2018-2019, Mr. Hon was a Managing Partner of Blazing Star Resources, LLC focusing on assets in East TX and South TX acquired from Hilcorp Energy.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-its-Highly-Experienced-in-Oil--Gas-Team?id=418840
Bill Jackson, Oil and Gas Member:
Mr. Neuner brings in over 46 years of drilling experience after graduating with a BS in Mining Engineering from Colorado School of Mines. Mr. Neuner has dewatered & disposed wells for Gulf Oil Corp. at Mount Taylor Project; was a wellfield Engineer at Nine Mile Lake Project for Union Pacific Corp; involved in Champlin Petroleum Inc. Production & Reservoir Engineer covering operations for DJ, Powder River & Williston Basins; involved in the production & reservoir Engineer covering Green River, DJ, & Las Animas Basins , West Coast & Canadian operations. 1984-1989. Non- operated Production Manager for US Onshore, Pacific Onshore & Offshore and US Gulf Coast 1990-1993. Overthrust Belt Manager covering operations for Yellow Creek & Cave Creek Deep. Pineview & horizontal development of Elkhorn Lodgepole fields. Project Manager for Wahsatch Gathering System. WI manager for non-op development of Anschutz Ranch East, Whitney Canyon & Painter reservoirs 1993-1995. Engineering Manager for horizontal development of Giddings Austin Chalk 1,400 operated wells (Net 175 MMcfd & 40 Mbopde) with peak drilling activity of 39 operated rigs. 1995-1998. Engineering Acquisition Lead for US & International Union Pacific Resources Corp. 1999-2000. Engineering Acquisition & Divestiture Lead for US & International Anadarko Petroleum Corp. Completed $23,300,000,000 acquisition of Kerr McGee Corp. & Western Gas Resources. Completed over $9,000,000,000 in asset sales & minor acquisitions of $2,000,000,000. 2000-2014. Consulting Engineer for LP Operating LLC. Serpentine plug E&P. Consulting Engineer for Infinity Texas Energy Partners LLC. Texas Gulf Coast.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-its-Highly-Experienced-in-Oil--Gas-Team?id=418840
Casey Kulhanek, Oil & Gas member:
Mr. Kulhanek is a founding member of Screaming Eagle Partners, LLC holding 25% ownership in the firm with Mike Kulhanek through Mikul Investments, LLC. Mr. Kulhanek serves as a managing partner at Mikul Investments, LLC. Mr. Kulhanek began his career operating manual machines in his fathers shop at a young age at, what was then, Mico Machine Company (now Mikul, LLC.) and worked his way into CNC machining. Mikul, LLC primarily services the aerospace and defense industry as well as the oilfield. In 2007, Mr. Kulhanek joined his father as an equal partner in Mikul, LLC and began running all day-to-day operations. In 2010, Mr. Kulhanek saw opportunities to work globally with the aerospace industry and obtained ITAR (International Traffic in Arms Regulations) registration from the United States Government to service military and defense sectors in other countries. In 2015, Mr. Kulhanek branched out to service the oilfield industry as Mikul, LLC was primarily an aerospace-based company and, seeing the possibilities, understood that the opportunities were there. Mr. Kulhanek currently manages his family trust which holds a $13,000,0000 balance sheet and holds a bachelors degree in business administration from Texas Lutheran University.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-its-Highly-Experienced-in-Oil--Gas-Team?id=418840
Tim Loposer, Oil & Gas member:
Mr. Loposer brings 39 years of energy industry experience in exploration & production, marketing and trading, and investment banking. At KLR Group and Seaport Global Securities, he was involved in upstream oil and gas investment banking efforts, including mergers and acquisitions, Drillcos, advisory services and financing. During Mr. Loposers time at NextEra Energy Resources, he was responsible for non-operated acquisitions in the US for NextEras unregulated oil and gas division. As VP at Shell Energy North America, he was responsible for Gas and Power Origination activities, emissions trading and management of US power tolling deals for Royal Dutch Shells US trading arm. Mr. Loposer was Involved in establishing the energy marketing and trading platform for Williams and later creating and leading the European Trading group in London in 2001. Mr. Losposer previously worked at Texas Oil & Gas Corp., where he focused on all aspects of land related functions for TXOs Rocky Mountain Region.
https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-BLFR-Shares-its-Highly-Experienced-in-Oil--Gas-Team?id=418840