Blue Biofuels Inc (BIOF)

[IsaacIronridge]

Note The Wording

http://www.nasdaq.com/press-release/alliance-bioenergy-concludes-testing-and-moves-to-commercialization-of-its-patented-cts-cellulose-20160503-00936

"The Company would also like to announce that over the past several months it has been in negotiations with several major industry producers-and-distributors of Ethanol and Cellulosic Sugar, and that at this time, the Company believes it is nearing the culmination of entering into a Joint Venture (JV) Relationship, a Marketing-and-Sales Agreement (MSA), and/or both."

So they have been in "negotiations". But will anything real (revenue) ever come of them?

The company also "believes" they may enter into an agreement. Believing is one thing. Doing it is another.

This is typical PR language from a small can-kicking company. Could it be different this time? Anything is possible, I suppose.

Let's see if they deliver.

Given their history of promising things and then sweeping them under the rug in filings, I am not holding my breath.