Bluefire Renewables, Inc. (fka BFRE)

[Massive Dilution]

"Kodiac should be running out of shares, yes?"
But Bluefire isn't...

Kodiac is just another loan shark out of a list in Bluefire's rolodex.
More shares will keep being issued since it's the only source of income for Bluefire.

If you own 1% of Bluefire, you will likely have to double to quadruple your investment to own that same 1% of Bluefire next year. Bluefire has a maximum 500 million shares they can have issued. They are just past half. This summer, they will get the board together to vote to increase the 500 million to likely 2 billion... Watch and see. They have to pay themselves somehow and although they have no revenue or experience from producing ethanol, they are certainly pros at producing stock and diluting a company.

That's dilution. and Bluefire does it in Massive fashion.