Blue Biofuels Inc (BIOF)

[LTE]

<<1. Daniel is a con man, as long as he is the ceo there is no hope
2. Phoenix is a lame company, there will be no payment of $1.25mil
3. If Daniel continues this way, the stock will be so dilluted it will be worth .0000>>

opt_123:

Excellent points.

Last year ALLM was supposed to get paid $1.25 million from
Earth's Renewable Energy - see below. Too bad that that
money was nowhere to be found in their recent 10-K / annual
report.

<<The single process train will be capable of processing 250 tons per day of biomass, such as almond and pistachio trees and their hulls, which will be supplied under contract by a $4 billion private agricultural conglomerate in California. The plant also has an offtake agreement with Chem-Energy Corp., who will utilize the C5/C6 sugar mix and pure lignin to create fine chemicals and other high value bioproducts. As additional feedstocks become available, the plant will expand processing to 1,000 tons per day.

The sublicense fee paid to AMG Energy Group is $1.25M plus 5 percent of ongoing gross revenue derived from the CTS process. The cash portion of the fee will be paid in installments, with the initial payment made within the next 30 days, providing the company with an immediate capital infusion and a longer-term revenue source.>>

http://biomassmagazine.com/articles/14429/alliance-bioenergy-licenses-process-to-earths-renewable-energy