Blue Biofuels Inc (BIOF): ALLM Seems To Be Diluting Itself Whoe...

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Blue Biofuels Inc (BIOF)

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Re: IsaacIronridge post# 2031

Wednesday, 03/16/2016 4:12:49 PM

Wednesday, March 16, 2016 4:12:49 PM

ALLM Seems To Be Diluting Itself

Whoever they are handing out shares to is selling to whoever will buy them. VFIN and BKRT have moved the ask to .25 or below.

This is why the company needs revenue on the books sooner than later. Otherwise, Dan and the team will be forced to pay people with money that doesn't exist (so it will turn into hundreds of thousands of shares out the door - perhaps millions)... meaning ALLM shareholders will get screwed.

If there is ever news of real revenue, this stock would skyrocket because of the low float. Unfortunately, those who are selling do not anticipate that ever happening.

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Recent BIOF News

Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/20/2024 05:53:22 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/17/2024 08:26:21 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:19:07 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 02:34:54 AM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 05:41:18 PM
Form D/A - Notice of Exempt Offering of Securities: [Amend] • Edgar (US Regulatory) • 08/17/2023 01:26:03 AM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2023 05:43:21 PM

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