This company shut down everything years ago
There is nothing, no operations, no testing, no employees other than a couple executives that continue to bleed out any cash on hand before the debts are collected
There will be no further DOE money, it was a huge waste of taxpayer money to throw cash at an outmoded process from the very beginning
It's almost comical how easily some folks were fooled into thinking this was a viable business model
All of Bluefire's believers were letting their emotions rule their decisions, some even think China is still interested after they laughed and walked away 4 years ago
The fact that Bluefire PR'd their Letter of Intent, should have been a big red flag, LOI's are nothing but fluff
All of the trust in Klann's integrity really worked out well for him, he pocketed a few million for his charade and left others holding the bag
It is just a big bag of schiff riding the coattail of the ethanol scam courtesy of DC lobbyists
- Foglifter -