Blue Biofuels Inc (BIOF)

[Altitrade Partners]

Not much in the way of activity today after the release of the 10-K. It seems investors have digested the issuance of new shares and are taking things in stride.

It would be nice if we were to get some additional good news regarding CTS 2.0 technology, which is a major improvement over the previous 1.0 version.

https://investorshub.advfn.com/boards/manage_msg.asp?message_id=140096512

Perhaps some of those companies that previewed the CTS technology, in the past, will come back for another visit to see the improved process.

All we need is for one player to successfully integrate the CTS process into their existing platform and we are off to the races. It shouldn't take much to move the needle from here, given that most of the shares are in very strong hands.

A move back to the 0.20 cent level seems possible over the next few months if the Phoenix deal closes and we receive the $1.25 million in sub-licensing fees.

"Phoenix paid a substantial deposit, against the first sublicense fee payment, to grant them 60 days in order to finalize offtake agreements and site acquisition that is required under their overall funding terms. The initial sublicense fee payment of $1,250,000 is due May 25, 2018 with subsequent payments due throughout the construction and site development process."

Some of that cash be used to retire existing convertible debt and further alleviate shareholder concerns regarding further dilution. Either way, it appears that the worst may be over, for now, in terms of the stock price.

We'll see....