Blue Biofuels Inc (BIOF)

[Magmar]

Not going to happen...

The basis of this company is that of a marketing company, nothing more. The CEO learned of the tech, did as little as he could to try and demonstrate the technology by throwing together some pieces of equipment and then mass marketed the potential in several press releases to try and drum up financing hoping no one would challenge him further. Who wouldn't buy this tech if he really showed it could make sugars like he quotes or as fast as he says. Hell, I almost bought some until I started digging deeper. A true pilot plant should represent the process, beginning to end, continuously. You don't see any updates past their short clip videos of each individual piece of equipment.

Will it work...who knows, but someone needs to invest LARGE amounts of money to demonstrate this technology at pilot scale to merit it at industrial levels. No one has so far. They even applied to DOE for a grant in 2016, but didn't get it...why is that? Because you have to show your work!

This man has spent last few years making empty promises that caught up to him. When you read his articles...and there are many, don't you reach a point where you ask yourself...I need to see if this thing will do what he says. Professionals have...and have stayed far away, because they see him for what he is...just a marketer of the potential of this technology. Misleading the general public by throwing out enticing stats without being able to back it up is just plain wrong!