Blue Biofuels Inc (BIOF)

[LTE]

10-Q - Chock full of NEW death spiral financing.

Too much for me to get into right now - see for yourself:

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12226383

This company is unbelievable.

There doesn't look like any money raised by the bond offering -
it's all death spiral convertible debt - convertible into stock
at a massive dilutive discount!


With that situation, how can they buy the new plant?

Bueller??