Blue Biofuels Inc (BIOF)

[LTE]

IsaacIronridge, ouch is right!

Six cents - what a joke.

We both warned about the effects of toxic dilution.
This makes what you posted even worse - it's on page
23:

<<In March 2016, JSJ Investment, Inc. converted $25,000 of its convertible debt for 195,924 shares of unrestricted common stock. The conversion violated the terms of the debt agreement and the Company and its counsel have notified JSJ of the violation of the agreement and fully intend to recoup all of the issued shares.>>

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11315652

It looks like JSJ got those shares for 12.8 cents.

No wonder why people are seeing a lot of selling - I warned
about this "toxic" financing. The company said they got
rid of it all - I say BS to that.

Secondly, De Leige doesn't have the firepower to go up against
JSJ in court - JSJ knows how to play the game and they have
the backing to do it.

http://jsjinvestments.com/