Blue Biofuels Inc (BIOF)

[IsaacIronridge]

More "News" Plus Note Payoff

http://www.nasdaq.com/press-release/alliance-bioenergy-announced-today-that-after-installing-the-lignin-separation-unit-to-the-cts-20160218-00654

All good news, however still no immediate financial impact, so the stock price will most likely stay in this area for the foreseeable future. If one day, the company ever receives real money, the stock will move significantly.

Until then, most of these announcements will have little affect. Prospective buyers are used to these PRs without revenue, so they are waiting for "real" news on that front. Combine that with what appears to be insider selling from dumping market makers such as BKRT and the stock remains stagnant.

Still, the debt payoff is very good to see, so the company deserves credit for that, at least.