Home > Boards > US OTC > Delisted > Bluefire Renewables, Inc. (fka BFRE)

As I have said earlier, Arnie Klann has

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richbob   Friday, 07/03/20 05:24:46 PM
Re: Monroe1 post# 6390
Post # of 6407 
As I have said earlier, Arnie Klann has given up on BFRE. Nothing was working out, the US DOE reneged on providing the remaining funding needed to build the Fulton, MS plant, that could have led to additional plants in China, and no other energy company was willing to buy or merge with BFRE.
It wasn't about its technology, it was about ability to fund its first full-size plant. It is just a matter of time now before its stock will be dropped altogether.

Now, with US trade with China going thru great trials, it seems likely that they may refrain from building ethanol plants there anyway, even if Fulton was completed and became successful.

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