Blue Biofuels Inc (BIOF)

[Magmar]

How much of that was interest?

ALLM made the same statement, practically verbatim, in July regarding the PowerUp Lending loan;

https://finance.yahoo.com/news/alliance-bioenergy-plus-inc-continues-130000411.html?.tsrc=rss

Only to find in Note 11 of the new quarterly statement that almost $58k was in interest and penalties!

In July 2017, the Company paid back its January 2017 convertible note with Power Up Lending Group, Ltd. A total payment of $211,293 was issued, representing $153,500 in principal and $57,793 in interest and penalties.


I guess the press release (July and today) doesn't need to divulge every little detail when it comes from a consultant who works for ALLM (Luna) and owns a million shares (page 25, equity sales list of Q report).