Blue Biofuels Inc (BIOF)

[IsaacIronridge]

Likely Why BKRT Has Reappeared (Sell The News)

More stock/warrants out the door.

With this transaction, existing shareholders have been diluted by 3.7 million shares, with another 4.5 million in warrants that can be exercised within 5 years.

Another 10 million shares go to AMG folks.

My prediction is that these shares will be sold via dumping market makers such as BKRT, VFIN and others over the years to come while the company attempts to grow. This is precisely how existing shareholder value is destroyed. The company must announce more significant revenue-producing agreements in the near future or its share price could very well be stuck here in the mud for a long time.

8-K
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11270849-1068-9827&type=sect&TabIndex=2&dcn=0001206774-16-005043&nav=1&src=Yahoo

Today's PR
http://globenewswire.com/news-release/2016/03/22/822189/0/en/Alliance-BioEnergy-Announced-Today-That-it-Entered-into-an-Agreement-with-United-States-Regional-Economic-Development-Authority-and-Carbolosic-Energy-1-for-Significant-Investment-a.html